Gatling Expands Drill Program to 20,000 meters at Larder Gold Project
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VANCOUVER, Aug. 13, 2019 - Gatling Exploration Inc. (TSXV: GTR, OTC: GATGF) (the "Company" or "Gatling") is pleased to announce that, due to the success of the initial 10,000 meters of drilling, it is expanding the 2019 program to 20,000 meters. The additional drill meters will continue to focus on expanding the Bear, Cheminis and Fernland deposits, as well exploring the recently permitted Kir Vit property.
Exploration Drill Program Highlights
- Additional 10,000 meters to focus on deposit expansion and new, high-grade targets. Gatling has extended the program to 20,000 meters with the aim of expanding mineralized horizons at Bear, Cheminis and Fernland and also exploring new intrusion-related mineralization at the Kir Vit property.
- Exceptional Hit Rate. The first six holes drilled at the Bear deposit all intersected gold mineralization. The holes confirmed historical high-grade lenses, tested down plunge continuity and extended the mineralized zones to the west towards the Cheminis deposit. Gatling has completed 13 drill holes to date with 7 holes drilled at Bear and Cheminis deposits with assays pending.
- Mineralized Trend with 4 km of Strike. Gatling considers the Fernland, Cheminis and Bear deposits to be part of one large mineralized system with a strike length of 4 km along the Cadillac-Larder Break with small displacements within each deposit. The recent results demonstrate that the Bear Deposit has strong continuity along strike over 500 meters and with a depth component over 700 meters within the North Carbonate Gold ("North") zone (Figure 2).
- Two Rigs, Ongoing Drilling. Two rigs are currently drilling at the Larder Gold Project with one rig exploring the Bear and Cheminis deposits and the second rig exploring the Kir Vit zone (Figures 1, 3 & 4).
Summary of 2019 Completed Drill Holes to Date
Drill Hole Locations
Hole ID | Azimuth | Dip | Length (m) | UTM East | UTM North | Elev (m) |
Assays Received | ||||||
GTR-19-001A | 171 | -67 | 1,047 | 600900 | 5330950 | 327 |
GTR-19-002 | 171 | -67 | 996 | 600953 | 5330933 | 327 |
GTR-19-003 | 171 | -67 | 1,011 | 600791 | 5330931 | 319 |
GTR-19-004W | 171 | -50 | 447 | 600791 | 5330931 | 319 |
GTR-19-005W2 | 180 | -67 | 652 | 600791 | 5330931 | 319 |
GTR-19-006A | 174 | -65 | 921 | 600794 | 5330920 | 320 |
Assays Pending | ||||||
GTR-19-007A | 170 | -75 | 1509 | 601007 | 5331166 | 318 |
GTR-19-008 | 315 | -77 | 369 | 599330 | 5330194 | 320 |
GTR-19-009 | 180 | -67 | 1070 | 600750 | 5330946 | 329 |
GTR-19-010 | 315 | -77 | 381 | 599408 | 5330255 | 330 |
GTR-19-011 | 325.6 | -72 | 309 | 599505 | 5330297 | 330 |
GTR-19-012 | 330 | -72 | 339 | 599598 | 5330326 | 324 |
GTR-19-013 | 180 | -66 | 642 | 599674 | 5330483 | 328 |
Results from 2019 Drill Holes
Hole ID | From (m) | To (m) | Length (m) | Au (g/t) | Zone |
GTR-19-001A | 815.0 | 820.0 | 5.0 | 1.0 | North |
Including | 816.0 | 817.0 | 1.0 | 1.9 | North |
and Including | 818.0 | 819.0 | 1.0 | 1.4 | North |
890.0 | 891.0 | 1.0 | 3.4 | Ultramafics | |
933.5 | 934.5 | 1.0 | 2.3 | South Flow | |
GTR-19-002 | 825.0 | 830.0 | 5.0 | 1.3 | North /Ultramafics |
Including | 826.4 | 827.0 | 0.6 | 5.9 | North /Ultramafics |
846.0 | 847.0 | 1.0 | 2.2 | Ultramafics | |
851.0 | 852.0 | 1.0 | 2.9 | Ultramafics | |
925.0 | 927.0 | 2.0 | 0.6 | South Flow | |
GTR-19-003 | 797.0 | 803.1 | 6.1 | 20.7 | North /Graphitic Zone |
808.0 | 815.0 | 7.8 | 6.6 | North /Graphitic Zone | |
821.0 | 822.0 | 1.0 | 3.2 | Ultramafics | |
967.2 | 968.8 | 1.6 | 1.9 | South Flow | |
GTR-19-004W | 782.0 | 790.0 | 8.0 | 10.8 | North |
919.0 | 920.0 | 1.0 | 1.2 | South Flow | |
GTR-19-005W2 | 788.0 | 793.0 | 5.0 | 12.7 | North |
810.1 | 815.0 | 4.9 | 2.5 | Ultramafics | |
917.0 | 918.0 | 1.0 | 1.0 | South Flow | |
GTR-19-006A | 750.5 | 753.5 | 3.0 | 9.7 | North |
770.6 | 772.0 | 1.4 | 1.3 | Ultramafics | |
871.0 | 875.0 | 4.0 | 8.5 | Altered South Flow | |
879.0 | 882.0 | 3.0 | 1.2 | South Flow |
Nathan Tribble, Vice President Exploration stated, "The goal of our initial 10,000 m program at the Larder Gold Project was to confirm historical high-grade lenses and expand the footprint of the existing deposits. We are very pleased with our success so far and have doubled the program to a total of 20,000 m. The expanded program will also include drill testing a number of attractive high-grade gold targets on our newly acquired Kir Vit property."
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 5.0 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., Vice President 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.
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.
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SOURCE Gatling Exploration Inc.
Contact
on Gatling, contact Investor Relations, Telephone: 1-888-316-1050, Email: ir@gatlingexploration.com