VANCOUVER, Jan. 30, 2020 /CNW/ - GATLING EXPLORATION INC.
(TSXV: GTR, OTCQX: GATGF) (the "Company" or
"Gatling) is pleased to announce initial drill results from
Fernland, at the Larder gold project in Ontario, Canada. High-grade, near surface gold
mineralization has been intersected within a broader widespread
mineralized zone, including 11.9 g/t Au over 4.0 meters.
These results confirm mineralization 2 kilometers west of the
Cheminis deposit and further extend the 4.5 kilometer mineralized
footprint at Larder. Importantly, the strength and location of
these results facilitates an aggressive step out drilling strategy
along trend to fill the gap between the Fernland and Cheminis
deposits.
News Highlights
- Near Surface Mineralization with Phase I Drilling at
Fernland: Drilling encountered a combination of
high-grade and widespread gold mineralization within 50 meters of
surface
- High-grade mineralization encountered at western extent of
4.5 kilometer strike: Fernland intercepts align with known
mineralized zones at Cheminis, indicating potential continuity
between deposits. Future drilling will concentrate on stepping out
along trend in order to fill in 400 meter distance between
zones.
- Historical Exploration at Fernland: Historic near
surface drilling at Fernland includes 3.3 g/t Au over 12.2
meters (FL-88-47), 4.3 g/t Au over 6.3 meters (FL-88-61)
and 2.2 g/t Au over 13.4 meters. More than 20,000 meters
have been drilled at Fernland, none of which are included in the
historic resource estimates at the Larder Gold project.
Nav Dhaliwal, President and CEO,
stated "We are very pleased with the initial drill results from
Fernland – one of three high-grade gold deposits at our Larder
project. The location of these successful drill holes is a strong
indicator of continuity between the Fernland and Cheminis zones and
allows us to aggressively target the remaining gap between these
zones."
Table 1. Fernland Drill Hole Highlights
|
Hole
ID
|
From
(m)
|
To
(m)
|
Length
(m)
|
Au
(g/t)
|
Zone
|
|
GTR-19-024
|
81.0
|
85.0
|
4.0
|
11.9
|
South
|
|
GTR-19-026
|
75.0
|
79.0
|
4.0
|
1.5
|
South
|
|
GTR-19-027
|
72.0
|
81.0
|
9.0
|
3.5
|
South
|
|
Including
|
72.0
|
77.0
|
5.0
|
5.4
|
South
|
|
GTR-19-031
|
15.0
|
30.0
|
15.0
|
1.6
|
South
|
|
GTR-19-033
|
67.0
|
78.0
|
11.0
|
1.9
|
South
|
|
Including
|
71.0
|
75.0
|
4.0
|
3.1
|
South
|
|
GTR-19-035
|
29.6
|
46.0
|
16.4
|
1.1
|
South
|
|
GTR-19-037
|
120.0
|
122.0
|
2.0
|
2.5
|
South
|
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 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.
