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Gatling Hits High-Grade Gold with First Wedge Hole at Larder Project, Including 10.8 g/t Au over 8.0 meters

14.05.2019  |  The Newswire
Vancouver, May 14, 2019 - Gatling Exploration Inc. (TSXV: GTR, OTC: GATGF) (the "Company" or "Gatling") is pleased to announce the results from its first wedge drill hole at the Larder Gold Project, Ontario, including 10.8 g/t Au over 8.0 meters. The results from GTR-19-004W have demonstrated strong continuity along the North Carbonate Gold Zone ("North") and confirm the strategy of utilizing wedge drill holes moving forward (Figure 3).

Highlights and Observations

  • - GTR-19-004W - visible gold, including 10.8 g/t Au over 8.0 meters

Technical Summary - the hole inserted at 501 meters downhole of GTR-19-003 and intersected the North zone, Ultramafics and South Volcanics ("South Flow"). The North zone displayed strong fuchsite-chlorite-sericite-carbonate alteration with multiple zones of brecciation and quartz flooding. Mineralization included 12-15% whispy fine grained pyrite with local molybdenite-chalcopyrite zonations. Visible gold was seen within multiple quartz zones and occurred as clusters of flakes along chloritic boundaries (Figure 4).

Nathan Tribble, VP Exploration stated, "This is our fourth hole at Larder and we are delighted with the high grades and continuity we have seen so far. Importantly, it is also the first of our wedge holes - an approach that will enable us to drill more holes within the budget. In turn, this will rapidly grow our understanding of the high-grade gold ore body we are investigating and helps set the precedent for drill testing the extent of the other high-grade deposits at Larder."

Results from drill hole

Hole ID

From (m)

To (m)

Length (m)

Au (g/t)

Zone

GTR-19-004W

782.0

790.0

8.0

10.8

North

919.0

920.0

1.0

1.2

South Flow

Drill hole location

Hole ID

Azimuth

Dip

Length (m)

UTM East

UTM North

Elevation (m)

GTR-19-004W

171

-50

447

600791

5330931

319


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Figure 1. Larder Project long section hybrid long section looking north with drilling composites


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Figure 2. Bear Deposit hybrid long section looking north with drilling composites


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Figure 3. Bear cross section looking west showing hole GTR-19-003 and GTR-19-004W


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Figure 4. GTR-19-004W - North Carbonate Gold Zone with quartz flooding textures and visible gold

QA/QC

Drill core is logged and sampled at the Larder project site. Core samples from the program are cut in half, using a diamond cutting saw with half sent for assay at ActLabs in Timmins, Ontario. The other half is secured and retained on site. All samples are analyzed for gold using standard Fire Assay-AA techniques. Samples returning greater than 10.0 g/t gold are analyzed utilizing standard Fire Assay-Gravimetric methods. Certified reference standards and blanks are routinely inserted into the sample stream as part of Gatling's quality control/quality assurance program.

About Gatling Exploration

Gatling Exploration is a Canadian gold exploration company focused on advancing the Larder Gold Project, located in the prolific Abitibi greenstone belt in Northern Ontario. The Larder property hosts three high-grade gold deposits along the Cadillac-Larder Lake Break, 35 km east of Kirkland Lake. The project is 100% controlled by Gatling and is comprised of patented and unpatented claims, leases and mining licenses of occupation within the McVittie and McGarry Townships. The 3,370-hectare project area is positioned 7 km west of the Kerr Addison Mine, which produced 11 million ounces of gold. All parts of the Larder property are accessible by truck or all-terrain vehicles on non-serviced roads and trails.

Qualified Person

The technical content of this news release has been reviewed and approved by Nathan Tribble, P. Geo., VP Exploration of Gatling Exploration and a Qualified Person pursuant to National Instrument 43-101.

ON BEHALF OF THE BOARD OF DIRECTORS,

Nav Dhaliwal, President and CEO

Gatling Exploration Inc.

For further information on Gatling, contact Investor Relations

Telephone: 1-888-316-1050

Email: ir@gatlingexploration.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward Looking Statements: Statements contained in this news release that are not historical facts are forward-looking statements, which are subject to a number of known and unknown risks, uncertainness and other factors that may cause the actual results to differ materially from those anticipated in our forward-looking statements. Although we believe that the expectations in our forward-looking statements are reasonable, actual results may vary, and we cannot guarantee future results, levels of activity, performance or achievements.

Copyright (c) 2019 TheNewswire - All rights reserved.


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