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Gatling Exploration plans aggressive 2020 exploration program at its Larder gold project

This coming year, it will focus on establishing continuity of known mineral trends between the Fernland, Cheminis and Bear deposits

gold mineralization
The junior explorer is planning a busy 2020

Gatling Exploration Inc (CVE:GTR) (OTCMKTS:GATGF) is planning to continue its aggressive exploration strategy after seeing strong results from its 2019 program on the Larder Gold project, the company told shareholders on Tuesday. 

The news comes as the Vancouver-based firm updated investors on its plans for its 100%-owned project, which is located along the Cadillac-Larder trend in the prolific Abitibi greenstone belt of northern Ontario. 

Gatling said its focus for the coming year will be on establishing continuity of known mineral trends between the Fernland, Cheminis and Bear deposits. 

READ: Gatling Exploration adds third drill rig to 35,000 metre program in Ontario

"The maiden drill program at our Larder Gold project has been a tremendous success and enabled us to hit important, early milestones,” Gatling CEO Nav Dhaliwal said in a statement.

The milestones include connecting the company’s two high-grade deposits to create a 2.5-kilometre strike length, growing its mineralized footprint and confirming key areas of mineralization outlined by historical drill results, according to Dhaliwal.

“We look forward to (a) continued aggressive exploration activity in 2020, beginning with a focus on connecting our third high-grade deposit which will nearly double our current strike length,” Dhaliwal said.

The junior explorer is planning a busy 2020. As part of its aggressive exploration focus, Gatling outlined several near-term targets aimed towards establishing continuity between the three deposits that comprise Larder.

At Fernland, where Gatling recently added a third drill to help expand the mineralization, the firm said it will aim to confirm a link both at depth and towards the nearby Cheminis deposit.

Extension drill targets at Cheminis will include near surface exploration at both east and west ends of the deposit to connect all three deposits into a large 4.5-kilometre mineralized system, Gatling said. Exploration drilling will also target down plunge of known high-grade gold-bearing zones.

Over at the Bear deposit, drilling will continue to focus on connecting the Cheminis and Bear mineralization.

Gatling also said it will conduct a winter drilling program to target near surface mineralization along strike and up dip trends to the east of the deposit.

Shares ticked up 1.25% in Toronto to C$0.40 each.

Contact Angela at [email protected]

Follow her on Twitter @AHarmantas

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TSX-V:GTR
Market: TSX-V
Market Cap: $23.81 m
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Full interview: Gatling Exploration sees positive results from drill hole on...

Gatling Exploration (CVE:GTR-OTC: GATGF) CEO Nav Dhaliwal joined Steve Darling from Proactive Vancouver with the company’s latest drill results from the Larder Gold Project on Northern Ontario.  Dhaliwal shares the numbers and the location of the hole and why that is so...

on 7/11/19

2 min read