VANCOUVER, BC / ACCESSWIRE / June 3, 2020 / GATLING EXPLORATION INC. (TSXV:GTR)(OTCQX:GATGF) (the "Company" or "Gatling) is pleased to announce that it has intersected high-grade mineralization in two new holes at the Larder gold project in Ontario. The holes, which include 85.1 g/t Au over 3.0 meters and 8.4 g/t Au over 1.5 meters, further extend the strike length and up plunge mineralized trend at the Bear deposit - one of Gatling's three deposits along a 4.5 kilometer trend at Larder.
News Highlights
Nav Dhaliwal, CEO and President, stated "Gatling's 2020 ice drilling program has been a great success and we are thrilled with the remarkable strength of the mineralization we have encountered, as well as the 250 meter up plunge and farthest eastern strike length extension to date. The results generated throughout our initial program continue to show that the extent of mineralization at Larder is far greater than previously anticipated, and we are looking forward to our next phase of drilling in the coming weeks."
Table 1. Drill Hole Highlights
Hole ID | From (m) | To (m) | Length (m) | Au (g/t) | Zone |
GTR-20-049 | 447.0 | 449.8 | 2.8 | 2.0 | South Volcanics |
GTR-20-054 | 80.0 | 82.0 | 2.0 | 2.1 | Ultramafics |
GTR-20-057 | 193.5 | 195.0 | 1.5 | 8.4 | Ultramafics |
GTR-20-059 | 99.0 | 102.0 | 3.0 | 85.1 | North Volcanics |
226.5 | 232.5 | 6.0 | 2.1 | Ultramafics | |
267.8 | 279.9 | 12.1 | 1.5 | Quartz Flooded Zone |
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Figure 1. Larder Gold project long section showing the new mineralized zones identified from recent drill results and target areas for the 2020 drill campaign.
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Figure 2. Composite long section of the Bear deposit showing recent drill results.
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Figure 3. Cross section of Bear deposit at 600,850 m east showing the new, up plunge extension of the North zone.
About the Bear Deposit
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 kilometers 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 kilometers 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: [email protected]
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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.
SOURCE: Gatling Exploration Inc.