Gatling Exploration Inc (CVE:GTR) (OTCMKTS:GATGF) (FRA:G28) revealed that its Kir Vit prospect at its flagship Larder gold project in Ontario continues to impress as it has now found a third mineralized trend there.
Kir Vit lies 6 kilometres (km) north of the main trend that hosts Gatling's three deposits - Cheminis, Bear and Fernland - and the first two trends were discovered earlier this year when first pass drilling hit mineralization in 13 out of 16 holes.
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Now, surface channel sampling at the zone has returned high-grade results, including 16.2 grams per ton (g/t) gold over 1 metre (m), 8.2 g/t gold over 1m and 4.4 g/t gold over 1m.
In addition, a new set of north-east- south-west trending shear zones associated with gold were identified through outcrop mapping.
"The discovery of a 3rd mineralized trend at the Kir Vit prospect, which includes the highest grades encountered to date, is very promising," Nathan Tribble, the group's vice-president of exploration, said in a statement.
"Our first pass drilling hit gold mineralization in 13 out of 16 holes, and we are now factoring in the location of these new, higher grade results as we plan the next round of drill holes," he added.
Gatling confirmed that these latest exploration results would be integrated into its plans to follow up with the new mineralized trends with a Phase 2 drill program at Kir Vit as well as additional surface work on other exposed outcrops.
Earlier this month, Gatling said that director Jason Billan would step up to the role of chief executive and president of the company, while Nav Dhaliwal moves to the role of executive chairman.
Billan is a seasoned strategy and corporate development professional with an accelerating career in the mining industry, said Gatling.
The 3,370-hectare Larder property hosts three high-grade gold deposits along the Cadillac-Larder Lake Break and is situated 7 kilometers west of the Kerr Addison mine, which produced 11 million ounces of gold.
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