VANCOUVER, July 23, 2019 /CNW/ - GATLING EXPLORATION INC.
(TSXV: GTR, OTC: GATGF) (the "Company" or
"Gatling") is pleased to announce the results from its
ongoing drill campaign at the Larder Gold Project, Ontario, including 12.7 g/t Au over 5.0
meters and 9.7 g/t Au over 3.0 meters. The results
demonstrate the Bear Deposit has strong continuity along strike
over 300 meters, within the North Carbonate Gold ("North")
zone.
Highlights
- Ongoing Drilling. Two rigs are currently drilling at the
Larder Gold Project with one rig exploring the Bear Deposit and the
second rig exploring the Cheminis Deposit (Figures 1 & 2).
- GTR-19-005W2 intersected the North, Ultramafic and South
Volcanic ("South Flow") zones. Gold values include 12.7
g/t Au over 5.0 meters and 2.5
g/t Au over 4.9 meters (Figure 2).
- GTR-19-006A intersected all three major mineralized
units including the North, Ultramafic and South Flow zones (Figure
4). Gold values include 9.7 g/t Au over 3.0 meters
and 8.5 g/t Au over 4.0 meters.
Nathan Tribble, VP Exploration
stated, "We are continuing to see robust grades over significant
widths at our Larder Gold Project and the program has delivered an
exceptional hit rate to date. Importantly, we have already achieved
our first goal of demonstrating continuity within the high-grade
lens at the Bear Deposit. Going forward, our aim is to expand
the Bear Deposit with aggressive step out drilling."
Further Details
GTR-19-005W2
The North zone displayed 5-7%
disseminated pyrite, patches of quartz breccia/veining, graphitic
alterations associated with increased silica-sericite alterations
and moderate fuchsite-carbonate-chlorite alterations. The
ultramafic zone displays strong talc-chlorite alteration and
schistose texture. The South Flow zone displays volcanoclastic
characteristics with aphanitic textures, zones of increased
brecciation/fracturing and 1-2% fine grained pyrite with local
chalcopyrite.
GTR-19-006A
The North zone displayed 10-15% fine
grained pyrite, trace chalcopyrite, strong silica-sericite
alteration with increased graphitic lenses and weak
fuchsite-carbonate-chlorite alteration. Ultramafics displaying
strong talc-chlorite alteration with increased abundance of
quartz-carbonate stringers and schistose textures. The South Flow
is heavily altered by strong
silica-sericite-carbonate-fuchsite-graphite bands with zones of
increased brecciation and 2-3% fine grained pyrite. Multiple
localities of visible gold between 871-875 meters.
Results from drill holes
Hole
ID
|
From
(m)
|
To
(m)
|
Length
(m)
|
Au
(g/t)
|
Zone
|
GTR-19-005W2
|
788.0
|
793.0
|
5.0
|
12.7
|
North
|
|
810.1
|
815.0
|
4.9
|
2.5
|
Ultramafics
|
|
917.0
|
918.0
|
1.0
|
1.0
|
South Flow
|
|
|
|
|
|
|
GTR-19-006A
|
750.5
|
753.5
|
3.0
|
9.7
|
North
|
|
770.6
|
772.0
|
1.4
|
1.3
|
Ultramafics
|
|
871.0
|
875.0
|
4.0
|
8.5
|
Altered South
Flow
|
|
879.0
|
882.0
|
3.0
|
1.2
|
South Flow
|
Drill hole location
Hole
ID
|
Azimuth
|
Dip
|
Length
(m)
|
UTM
East
|
UTM
North
|
Elevation
(m)
|
GTR-19-005W2
|
180
|
-67
|
652
|
600791
|
5330931
|
319
|
GTR-19-006A
|
174
|
-65
|
921
|
600794
|
5330920
|
320
|
QA/QC
Drill core is logged and sampled at the Larder project site.
Core samples from the program are cut in half, using a diamond
cutting saw with half sent for assay at ActLabs in Timmins, Ontario. The other half is secured
and retained on site. All samples are analyzed for gold using
standard Fire Assay-AA techniques. Samples returning greater than
5.0 g/t gold are analyzed utilizing standard Fire Assay-Gravimetric
methods. Certified reference standards and blanks are routinely
inserted into the sample stream as part of Gatling's quality
control/quality assurance program.
About Gatling Exploration
Gatling Exploration is a Canadian gold exploration company
focused on advancing the Larder Gold Project, located in the
prolific Abitibi greenstone belt in Northern Ontario. The Larder property hosts
three high-grade gold deposits along the Cadillac-Larder Lake
Break, 35 km east of Kirkland
Lake. The project is 100% controlled by Gatling and is
comprised of patented and unpatented claims, leases and mining
licenses of occupation within the McVittie and McGarry Townships.
The 3,370-hectare project area is positioned 7 km west of the Kerr
Addison Mine, which produced 11 million ounces of gold. All parts
of the Larder property are accessible by truck or all-terrain
vehicles on non-serviced roads and trails.
Qualified Person
The technical content of this news release has been reviewed and
approved by Nathan Tribble, P. Geo.,
VP Exploration of Gatling Exploration and a Qualified Person
pursuant to National Instrument 43-101.
ON BEHALF OF THE BOARD OF DIRECTORS,
Nav Dhaliwal, President and
CEO
Gatling Exploration Inc.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Forward Looking Statements: Statements contained in this news
release that are not historical facts are forward-looking
statements, which are subject to a number of known and unknown
risks, uncertainness and other factors that may cause the actual
results to differ materially from those anticipated in our
forward-looking statements. Although we believe that the
expectations in our forward-looking statements are reasonable,
actual results may vary, and we cannot guarantee future results,
levels of activity, performance or achievements.
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SOURCE Gatling Exploration Inc.