Gatling Exploration Inc (CVE:GTR) (OTCMKTS:GATGF) unveiled more positive news from its Larder gold project in Ontario where it has found two new gold trends from first drilling at the Kir Vit exploration prospect.
Kir Vit is a recent addition to the Larder property and lies 6km north of the main trend that hosts Gatling's three deposits - Cheminis, Bear and Fernland.
Gatling sunk 16 holes at Kir Vit last year, 13 of which hit anomalous gold values of over 1 gram per ton (g/t). Results included 5.9 g/t of the yellow metal over 3 meters (m) and 5.1 g/t over 3 m.
"Hitting mineralization with thirteen out of sixteen holes and discovering two new gold trends with our first pass drill program at Kir Vit is extremely encouraging," said Nathan Tribble, VP (vice-president) of exploration.
"These results strongly indicate the presence of a large scale mineralized hydrothermal footprint and we are eager to commence phase two of our program there."
Gatling said it will now conduct a follow-up program at Kir Vit this summer.
This will consist of a 3,000 m drill program, outcrop stripping, downhole geophysics, structural analysis and sampling of other intrusion style targets on the property, it said.
The firm's Larder property hosts three high-grade gold deposits along the Cadillac-Larder Lake Break, 35 km east of Kirkland Lake.
The 3,370-hectare project lies 7km west of the Kerr Addison mine, which produced 11 million ounces of gold.
Gatling shares in Toronto added 5.8% on the day to C$0.36 each.
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