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Gatling Exploration Inc
Symbol GTR
Shares Issued 45,670,840
Close 2019-08-20 C$ 0.38
Market Cap C$ 17,354,919
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Gatling drills five m of 12.3 g/t Au at Larder

2019-08-21 06:03 ET - News Release

Mr. Nav Dhaliwal reports

GATLING DRILLS HIGH-GRADE, NEAR SURFACE GOLD AT CHEMINIS DEPOSIT INCLUDING 12.3 G/T AU OVER 5.0 METERS

Gatling Exploration Inc. has released new drill results from its initial program at the Cheminis deposit. The second drill rig has intersected high-grade, near-surface gold assays containing intervals of 12.3 grams per tonne gold over 5.0 metres including 18.1 g/t over 3.0 metres. The drill results are two kilometres to the west of the Bear deposit, where drilling continues to probe down plunge and strike extensions. The Cheminis mine has numerous historical levels and these new drill results establish updip continuity to the main workings, which exhibit superior grades and widths.

Highlights and observations:

  • Cheminis underground infrastructure: The Cheminis mine has over 3,000 metres of development with six main levels, multiple stopes and a shaft. The company's new drill program at Cheminis has extended the updip continuity of zone A. Further drilling will test this mineralized horizon as well as downdip extensions of all four zones.
  • Near-surface mineralization, 100-per-cent hit rate: All three holes drilled at the Cheminis deposit to date have intersected gold mineralization within the upper 50 metres. The gold-bearing units can be traced on surface for over 400 metres along strike within the historical Cheminis mine site.
  • Cheminis deposit dimensions and continuity: The South Flow zones A and C combined occupy over 550 metres of strike. The continuity has been illustrated with the current drill program and historical drilling at the Cheminis deposit. The down-plunge extension of the South Flow zone D will be explored this winter and has a current depth component over 500 metres below the deepest underground workings.
  • GTR-19-008 intersected the South Flow zone with 12.3 g/t Au over 5.0 metres including 18.1 g/t Au over 3.0 metres.

Nav Dhaliwal, chief executive officer, stated: "Our first results from the Cheminis area, located over two km west of ongoing drilling at the Bear deposit, have been extremely successful on a number of fronts. We have demonstrated excellent widths and grades very close to surface and have projected the A zone upwards from older partially developed levels at Cheminis. We look forward to following up on these results and continuing to find wide, high-grade results near surface."

Technical summary

GTR-19-008

The South Flow zone displays aphanitic texture, zones of quartz-carbonate fracture filling, 7 to 10 per cent disseminated fine-grained wispy pyrite and associated with increased silica alteration. The Ultramafic zone displays strong talc-chlorite alteration and schistose texture. The North zone displays weak fuchsite-carbonate-chlorite alteration, late-stage quartz-carbonate flooding, brecciated texture and minor (less than 0.5 per cent) blebby pyrite.

GTR-19-010

The South Flow zone displays aphanitic texture, zones of quartz flooding brecciation, 15 to 20 per cent disseminated fine-grained disseminated pyrite and multiple zones of increased sericite-silica alteration. The Ultramafic zone displays strong talc-chlorite alteration, multiple localities of fault gouge and schistose texture. The North zone was not intersected in this hole due to the steep southeast plunge of the mineralized trend.

GTR-19-011

The South Flow zone displays aphanitic texture, zones of quartz flooding-brecciation, quartz-carbonate veinlets throughout, 2 to 3 per cent disseminated fine-grained pyrite and multiple zones of increased sericite-silica alteration. The Ultramafic zone displays strong talc-chlorite alteration and schistose texture. The North zone displays sericite alteration rather than classic fuchsite alteration, quartz flooding-breccia textures and 1 to 2 per cent fine-grained pyrite.

                      RESULTS FROM DRILL HOLES

Hole ID                 From           To       Length           Au
                         (m)          (m)          (m)        (g/t)

GTR-19-008              24.5         29.0          4.5          1.0
including               24.5         27.0          2.5          1.5
and including           26.0         27.0          1.0          3.1
GTR-19-0010             43.0         48.0          5.0         12.3
including               45.0         48.0          3.0         18.1
GTR-19-0011             24.0         25.0          1.0          1.0
                        51.0         53.0          2.0          1.3
                       142.0        143.0          1.0          1.6

* Stated lengths are core lengths as drilled. True widths 
are estimated to be 60 to 80 per cent of reported core length 
intervals.
 

Quality assurance/quality control (QC/QA)

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, Ont. 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 five 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 QC/QA program.

About Gatling Exploration Inc.

Gatling 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 kilometres east of Kirkland Lake. The project is 100 per cent controlled by Gatling and comprises patented and unpatented claims, leases and mining licences of occupation within the McVittie and McGarry townships. The 3,370-hectare project area is positioned seven kilometres 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, professional geoscientist, vice-president of exploration of Gatling Exploration and a qualified person pursuant to National Instrument 43-101.

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