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Gatling Exploration says drilling has connected all three high-grade deposits at Larder gold project

Published: 09:10 21 Sep 2020 EDT

Gatling Exploration -
Highlight drill assays between Fernland and Cheminis include 4.6 g/t gold over five metres in one hole

Gatling Exploration Inc (CVE:GTR) (OTCMKTS:GATGF) hailed what it called a "tremendous" milestone for its Larder project in Ontario - proving, via drilling, that the site is home to a single, very large gold system.

The firm has now drilled gold mineralization between Fernland and Cheminis, which means it has now connected all three deposits (Fernland, Cheminis and Bear) and established an impressive 4.5-kilometer (km) strike length.

READ: Gatling Exploration identifies high priority targets for testing at Larder gold project

"Prior explorers believed these were standalone deposits but, thanks to the remarkable success of Gatling's program, we've established continuous 4.5 km strike length and proved the existence of single, very large gold system," said Nav Dhaliwal, CEO of Gatling in a statement.

"It is a tremendous milestone for the company and our shareholders, and we are now mobilizing an additional drill rig as we push towards our next goal of further deposit growth."

Highlight drill assays between Fernland and Cheminis include 4.6 grams per ton (g/t) gold over five metres (m) in one hole from a depth of 242m and 8.7 g/t of the precious metal over 2m in another (from a depth of 226m).

This extends mineralization at Fernland 200m down plunge, connecting it with mineralization included in the historic resource estimate at Cheminis. Fernland remains open along strike and at depth.

Drilling will now target near surface extensions of mineralization at Fernland and its western extent towards the Omega deposit where more than 500 meters of favourable geology remains untested, said Gatling.

This has the potential to increase the mineralized strike length to 5km.

"Fernland is the least explored of the three deposits and we intend to test continuity of mineralization down plunge and along strike in upcoming drilling phases," said Nathan Tribble, vice=president (VP) of exploration at Gatling.

The 3,370-hectare Larder project lies 7 kilometers west of the Kerr Addison mine, which produced 11 million ounces of gold. All parts of the property are accessible by truck or all-terrain vehicles on non-serviced roads and trails.

Contact the author at giles@proactiveinvestors.com

Gatling Exploration connects all three high-grade gold deposits at Larder...

Gatling Exploration (CVE: GTR-OTCQB: GATGF) Vice President of Exploration Nathan Tribble shared news with Steve Darling from Proactive Vancouver that Gatling has been able to connect a continuous 4.5 km gold strike at their Larder Project. Tribble explains how they were able to do that,...

on 21/9/20