Gatling Exploration Inc. Targets High-Grade Extensions and Near-Surface Exploration with 10,000 m Drill Program at Larder Gold Project
TSX VENTURE: GTR
VANCOUVER, March 1, 2019 /CNW/ - GATLING EXPLORATION INC. (TSXV: GTR, OTC: GATGF) (the "Company" or "Gatling") is pleased to announce that a 10,000 m diamond drill program is underway at its Larder gold project, 35 km east of Kirkland Lake in Northern Ontario. Larder is host to three high-grade deposits, located along the prospective Cadillac-Larder Break (Figure 1). Drilling aims to expand known mineralization envelopes and to test new targets on the property.
- Expansion Targets. Phase I will target expansion of the Bear Lake deposit, down plunge and along strike to the east, where previous exploration by Bear Lake Gold Ltd. intersected 22.5 g/t Au over 7.9 m (Target A in Figure 2).
- Near-Surface Targets. Phase II will target near-surface gold mineralization at the Cheminis and Fernland deposits (Target B and C in Figure 2) and explore down plunge extension of the Fernland deposit (Target D in Figure 2).
- Highly-Prospective Gold Belt. Both phases are designed to intersect the litho-structural belt known as the Cadillac-Larder Break, where more than 70 million Oz of gold has been produced.
The Cadillac-Larder Break strikes across the Larder property in a N70°E direction. This belt is heavily deformed, steeply-dipping, and is composed mainly of intercalated meta-sediments and mafic to ultramafic volcanics (Figure 1). This belt is home to several world-class gold deposits and is bisected by the Trans Canada Highway on the Company's property, which itself is just 2 km north of the town of Larder Lake.
Nav Dhaliwal, President and CEO of Gatling Exploration, commented, "We are excited to have begun this 10,000 m drill program at the Larder Gold Project with the dual focus of expanding our known zones of mineralization and testing for new, shallow-depth zones. The project contains three high-grade gold deposits that Gatling considers to be a single larger mineralized system over 4 km strike length. Larder lies within close proximity of past-producing mines and active projects and is close to well-established infrastructure, making it a particularly attractive property. We are looking forward to advancing the project."
About Gatling Exploration
Gatling Exploration is a well-financed Canadian gold exploration company focused on advancing the Larder 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 2,096-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.
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 Expert Labs in Rouyn-Noranda, Quebec. 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 10.0 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.
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.
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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.