VANCOUVER, Sept. 16, 2019 /CNW/ - GATLING EXPLORATION
INC. (TSXV: GTR, OTC: GATGF) (the "Company" or
"Gatling") is pleased to announce that it is increasing its
current drill program to 35,000 meters. The program has already hit
key milestones by confirming high-grade lenses and extending the
Bear and Cheminis deposits with multiple holes. Gatling will use
the bulk of the expanded program to continue developing the
4-kilometer mineralized trend along the Cadillac Larder Lake Break
("CLLB"), using aggressive step out drilling. Other
important areas of focus include the recently-acquired Kir Vit
zone, where multiple high-grade samples have been recovered at
surface.
Drill Program Highlights
- Bear Highlights. Gatling has drilled over 13,000 meters
at the Bear deposit and has encountered intercepts including
20.7 g/t Au over 6.1 meters and 10.6 g/t Au over 5.0
meters (Figure 3 & 5). The Bear deposit is made up of
three distinct mineralized zones with current dimensions extended
to 600 meters in strike and over 850 meters at depth.
- Cheminis Highlights. Gatling has completed over
2,500 meters of drilling at the Cheminis deposit and has drilled
grades such as 12.3 g/t Au over 5.0 meters (Figure
4). The Cheminis deposit has a vast amount of historical
infrastructure and is comprised of four zones that span over 450
meters in strike and 1,000 meters at depth.
- Mineralization over 4-kilometer strike. Gatling has
established a 4-kilometer strike length of mineralization between
the Bear deposit to the Fernland. The geology within this trend
includes altered mafic volcanic, ultramafic, green carbonate and
sedimentary rocks, all of which have displayed high-grade gold and
favorable alteration. Recent drilling results support Gatling's
belief that the Bear, Cheminis and Fernland are part of one
continuous mineralized trend (Figure 1).
- Kir Vit Exploration. Gatling has commenced drilling the
Kir Vit prospect in the area where high-grade surface samples were
recovered. Drilling will also explore the large hydrothermal
footprint and geophysical targets along the porphyry and
conglomerate trends.
- Exploration Strategy. Gatling will continue to be
aggressive on step out drilling along the CLLB and exploring the
Kir Vit zone. The additional meterage for the current drill program
will be allocated to further test the Bear deposit's down dip
continuity, Fernland mineralization, Cheminis expansion targets and
the Kir Vit zone (Figure 2).
Nav Dhaliwal, CEO and President,
stated, "This is the second major expansion of our 2019
drill program at the Larder Gold Project and comes as a result of
repeated success. Our main focus will be continued, aggressive step
out drilling along the 4-kilometer trend to further expand Bear,
Cheminis and Fernland and, ultimately, to test our belief that all
three deposits are connected. In addition, we will be allocating
more holes to test high-grade targets at the new Kir Vit
zone."
The Company also announces that it has granted incentive stock
options authorizing the purchase of 200,000 common shares (the
"Options") to a director of the Company. The Options are
exercisable at $0.58 per share for a
period of three years from the date of grant. The Options
have been granted under and are governed by the terms of the
Company's incentive stock option plan and are subject to TSX
Venture Exchange acceptance.
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 kilometers 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 kilometers 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 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.