Advancing the Project: Green Bridge Metals Focuses on Metallurgical Testing

Green Bridge Metals ships drill core for titanium extraction tests and continues copper drilling at its Titac project in Minnesota, while extending its marketing agreement.

Green Bridge Metals is progressing its Titac project in Minnesota to a critical new phase, shifting focus to the metallurgical challenges that often determine the viability of resource developments. The company is preparing to ship selected diamond drill core samples from the site to a Canadian laboratory. The central objective is to conduct structured tests on the efficient extraction of titanium dioxide (TiO?) from the mineralization, specifically evaluating the suitability of the chloride process for an ilmenite-based resource.

A Dual-Pronged Operational Strategy

This metallurgical work represents far more than standard procedure. It is a foundational step for building credible future resource estimates and technical studies. Processing titanium dioxide involves distinct engineering parameters compared to conventional copper recovery, making these tests vital for informing subsequent project stages.

Concurrently, an active diamond drilling campaign continues on-site. This program is targeting copper mineralization associated with oxidized ultramafic intrusions within the South Contact District of the Duluth Complex. The drilling serves a dual purpose: it tests the copper structures while simultaneously providing the core material required for the parallel titanium metallurgical investigations. The region's geology is diverse, hosting not only copper but also occurrences of nickel, titanium, vanadium, and other critical minerals.

Extended Marketing Agreement and Trading Update

Separately, the company announced an extension of its communications partnership. Its collaboration with the German firm MCS Market Communication Service GmbH, based in Lüdenscheid, has been renewed effective immediately. The agreement is set to run until June 2026 or until the allocated budget is exhausted, whichever comes first. It stipulates a fixed payment of €372,000.

A key detail is that the compensation is not tied to market performance, and no securities will be issued as consideration. The scope of services encompasses online marketing, campaign creation, material production, as well as research and analytics.

In Friday's trading session, the company's shares closed at €0.14, marking a daily gain of 6.69%.

Project Status and Forward Path

The overarching aim of these updates is to strengthen the technical feasibility layer of the Titac project. The chloride process tests are designed to yield practical extraction data, while the ongoing drilling continues to evaluate the copper potential. It is important to note, however, that the project status—as outlined in a technical report from September 2024—remains characterized by "inferred" resources. This classification carries a correspondingly high degree of geological and economic uncertainty.