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Gatling Exploration set for more drilling at the Larder gold project after encouraging step-out result

The company recently reported new high-grade results from its largest step-out drill hole to date at the Bear deposit

Gatling Exploration -
The step-out hole included an intercept of 10.6 grams per ton (g/t) gold over 5 metres (m)

Gatling Exploration Inc (CVE:GTR), the Ontario-focused gold explorer, is making progress on its bid to test the theory that the three deposits at its Larder gold project are all connected.

The company recently reported new high-grade results from its largest step-out drill hole to date at the Bear deposit, including an intercept of 10.6 grams per ton (g/t) gold over 5 metres (m).

Expands high-grade mineralization

This hole expands the high-grade mineralization at Bear 200 meters west towards the Cheminis deposit, it said.

The North Zone at the Bear deposit has now reached 600 meters along strike, the company said in a statement.

"Hitting such strong grades with our biggest step out to date is extremely encouraging," said Nathan Tribble, the vice-president of exploration for Gatling.

"The successful results also represent the start of a new phase of step out drilling, designed to test the theory that our three deposits – Fernland, Cheminis and Bear – are all connected as one, very large mineralized system."

More drilling to come

Nav Dhaliwal, Gatling's CEO said in a recent internet radio interview, that the plan was to continue drilling and that the firm announced last month that the program had been increased to 20,000m from 10,000m.

"We're very encouraged on the results that we're seeing, and we are continuing to drill," he said, adding that the firm also had four completed holes in the lab from drilling at the Ha Kir Vit package, acquired from Teck Resources (TSE:TECK) earlier this year.

The 3,370-hectare Larder gold project lies in the prolific Abitibi greenstone belt and hosts three high-grade gold deposits along the Cadillac-Larder Lake Break, 35km east of Kirkland Lake.

The project lies 7 kilometers west of the Kerr Addison mine, which produced 11 million ounces of gold.

Contact the author at giles@proactiveinvestors.com

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Market: TSX-V
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