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21/10/2026 13:30
Green Bridge Metals Commences Phase 2 Diamond Drilling Program at the Titac Project, Minnesota, USAVANCOUVER, BC / ACCESS Newswire / October 21, 2026 / Green Bridge Metals Corporation (CSE:GRBM)(OTCQB:GBMCF)(FWB:J48) (WKN:A3EW4S) ("Green Bridge" or the "Company") is pleased to announce the commencement of a Phase 2 diamond core drilling program at its Titac Project, part of the Company's South Contact District in northeastern Minnesota, U.S.A. (Figure 1 and Figure 2). ![]() Figure 1: Map showing location of the Titac property in relation to other Minnesota properties and adjacent Cu - Ni and Oxide Ultramafic Intrusive TiOâ deposits. Following the completion of the six-hole drill program, the Company aims to update its titanium resource model1, while evaluating any associated copper and vanadium potential to ultimately generate data to advance toward a Preliminary Economic Assessment study (PEA). Titac South hosts an existing titanium dioxide mineral resource, as outlined in the NI 43-101 Technical Report dated September 18, 2024, prepared for the Company by Apex Geoscience (and available on the Company's profile at www.sedarplus.ca)¹. Inferred mineral resources have a great amount of uncertainty as to their existence and as to whether they can be mined economically. It cannot be assumed that all or any part of the inferred mineral resources will ever be upgraded to a higher category. Mineral resources that are not mineral reserves do not have demonstrated economic viability. CEO COMMENTARY David Suda, President and Chief Executive Officer, stated: "The commencement of Phase 2 drilling at Titac is an important milestone for Green Bridge, building on the success of our Phase 1 program at Titac South. We continue to deploy recently raised capital through the drill bit to advance Titac, testing for increased tonnage with the goal of incorporating copper into the resource as we work toward a PEA." HIGHLIGHTS
Inferred mineral resources have a great amount of uncertainty as to their existence and as to whether they can be mined economically. It cannot be assumed that all or any part of the inferred mineral resources will ever be upgraded to a higher category. Mineral resources that are not mineral reserves do not have demonstrated economic viability. ![]() Figure 2 - Close-up view of the drill rig at Titac North for the Company's Phase 2 diamond drilling program. PROGRAM OVERVIEW Key parameters of the program include:
PROGRAM OBJECTIVES The primary objectives of the Phase 2 drill program are to:
Inferred mineral resources have a great amount of uncertainty as to their existence and as to whether they can be mined economically. It cannot be assumed that all or any part of the inferred mineral resources will ever be upgraded to a higher category. Mineral resources that are not mineral reserves do not have demonstrated economic viability. Key elements of this dataset include: In 2025, Green Bridge completed a comprehensive interpretation of newly collected geophysical data over the Titac Project, including:
These datasets significantly improved subsurface targeting in areas where surface exposure is limited by glacial till and overburden. Copper mineralization at Titac occurs primarily as chalcopyrite, with minor bornite, talnakhite and cubanite, all minerals with moderate electrical conductivity. Magnetic responses are interpreted to reflect the presence of iron-bearing minerals including ilmenite, magnetite, and titanomagnetite, all of which are present within the OUI. Inferred mineral resources have a great amount of uncertainty as to their existence and as to whether they can be mined economically. It cannot be assumed that all or any part of the inferred mineral resources will ever be upgraded to a higher category. Mineral resources that are not mineral reserves do not have demonstrated economic viability. Drill targets for the Titac North program have been prioritized where conductive and magnetic anomalies overlap, a geophysical signature that correlates with known mineralization identified in our earlier 2026 drill program at Titac South, historic drilling and resource modelling. ![]() Figure 3: South-east oriented section at a 45 degrees plunge at Titac North. Shown are modelled VTEM conductivity (magenta) and magnetic (blue) anomalies and historic drillholes with bolded color traces (TiOâ); annotated for drillholes 001 - 003. ![]() Figure 4: South-southeast oriented section at a 45 degrees plunge at Titac North. Shown are modelled VTEM conductivity (magenta) and magnetic (blue) anomalies and historic drillholes with bold colored traces (TiOâ); annotated for drillholes 004 - 006. PROJECT CONTEXT AND NEXT STEPS The Titac Project is located near the southern end of the Company's South Contact District and includes the Titac South deposit, which hosts an existing mineral resource of 46.6 million tonnes grading 15% TiOâ, as disclosed in the NI 43-101 Technical Report¹ which was released by the Company with an effective date of September 18, 2024 and is available on SEDAR+. Inferred mineral resources have a great amount of uncertainty as to their existence and as to whether they can be mined economically. It cannot be assumed that all or any part of the inferred mineral resources will ever be upgraded to a higher category. Mineral resources that are not mineral reserves do not have demonstrated economic viability. The current Phase 2 drill program (Figures 3 and 4) is intended to resolve the geological controls on copper mineralization at Titac North. Subject to results, subsequent drilling phases may include:
REFERENCES 1Dufresne, M.B., Turner, A.J., Fallon, C.T., Bohm, C. 2024. Technical Report and Mineral Resources Estimate for the South Contact Zone Project, St Louis County, Minnesota, USA". Apex Geoscience. Green Bridge Metals Corp. September 18, 2024. QUALIFIED PERSON George Hudak, Chief Geologist of Green Bridge Metals Corporation, and a Qualified Person as defined under National Instrument 43-101, has reviewed and approved the scientific and technical information contained in this news release. For a discussion of the Company's QA/QC and data verification procedures and processes, please see its most recently-filed technical report, a copy of which may be obtained under the Company's profile at www.sedarplus.ca. ABOUT GREEN BRIDGE METALS Green Bridge Metals Corporation is a Canadian-based exploration company focused on the acquisition and advancement of critical-mineral assets in established mining jurisdictions. The Company's South Contact District in Minnesota hosts copper, nickel, titanium, vanadium, and platinum group element mineralization associated with the Duluth Complex. ON BEHALF OF GREEN BRIDGE METALS CORPORATION David Suda For further information, please contact: David Suda FORWARD-LOOKING INFORMATION Certain statements and information contained in this news release constitute forward-looking information within the meaning of applicable Canadian securities laws (collectively, "forward-looking information"). Forward-looking information is often, but not always, identified by words such as "anticipates", "believes", "expects", "intends", "plans", "estimates", "potential", "possible", "prospective", "target", "may", "will", "could", "should" and similar expressions. Forward-looking information in this news release includes, without limitation, statements regarding the scope, timing, configuration, objectives and expected completion of the Phase 2 diamond drilling program at Titac North, including the number, depth, spacing and aggregate metreage of planned drill holes; the Company's ability to test, identify, delineate, extend or establish the continuity of titanium, copper and vanadium mineralization; the interpretation and use of geophysical anomalies, historic drilling, assay data and geological models to prioritize drill targets; the potential for the Phase 2 program to generate data to refine or update the Company's geological or mineral resource models; the potential to incorporate copper into a future mineral resource; the timing, scope and completion of future exploration, infill or follow-up drilling at Titac South, Titac East or elsewhere on the Titac property; the potential advancement of the Titac Project toward a preliminary economic assessment; and the potential for future mineral exploration, resource estimation and development activities. Forward-looking information is based on management's current expectations, estimates, projections, assumptions and beliefs, including assumptions regarding the availability of personnel, equipment, contractors, supplies and financing; the ability to obtain and maintain required permits, approvals and access; the timing and successful execution of drilling and other exploration activities; the accuracy and reliability of historic information, geophysical interpretations, sampling, analytical and assay results, and geological and mineral resource models; the continuity, grade, geometry and metallurgical characteristics of mineralization; and general business, economic, competitive, political and social conditions. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied, including risks relating to exploration and drilling delays, equipment or contractor availability, weather and site conditions, permitting and regulatory requirements, health and safety matters, community and stakeholder relations, environmental matters, title and access, financing and commodity prices; the speculative nature of mineral exploration; the possibility that drilling, assays, modelling or other work will not confirm the Company's interpretations, targets or expectations; the inherent limitations and uncertainties associated with inferred mineral resources and mineral resource estimates; the possibility that mineralization will not be economically recoverable; and the risk factors described in the Company's continuous disclosure filings available under its profile on SEDAR+. There can be no assurance that the Phase 2 program will be completed as planned, that its results will support an updated or expanded mineral resource, the inclusion of copper in a mineral resource, further drilling or a preliminary economic assessment, or that any mineral resource will be converted to a mineral reserve. Readers are cautioned not to place undue reliance on forward-looking information. The forward-looking information in this news release is made as of the date hereof, and the Company disclaims any intention or obligation to update or revise such information, whether as a result of new information, future events or otherwise, except as required by applicable law. The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release. SOURCE: Green Bridge Metals Corporation View the original press release on ACCESS Newswire Source : Webdisclosure.com |
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