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Gatling Exploration Inc
Symbol GTR
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Close 2019-08-27 C$ 0.395
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Gatling samples up to seven g/t Au at Larder

2019-08-27 06:13 ET - News Release

Mr. Nav Dhaliwal reports

GATLING REPORTS HIGH-GRADE SURFACE SAMPLE RESULTS AT KIR VIT, LARDER GOLD PROJECT, ONTARIO

Gatling Exploration Inc. has provided an update on its current exploration activities at the Kir Vit zone of the Larder gold project, located four kilometres north of the continuing drilling campaign at the Bear, Cheminis and Fernland deposits along Cadillac Larder Lake break.

Exploration highlights:

  • High-grade gold at surface: Gatling's 2019 surface exploration program has been primarily focused on the Kir Vit zone. The program has collected samples from historical trenches, pits and multiple exposed outcrops. High-grade gold has been recovered along the altered volcanic contact with both the syenite intrusion and conglomerate units. Sample values include 7.0 grams per tonne gold and 6.7 g/t Au.
  • Geological understanding of the Kir Vit: The historical work completed on the property was extremely well documented and aided in Gatling's 2019 surface program. From this comprehensive work completed thus far, Gatling has been able to establish that both intrusive-style mineralization and Timiskaming conglomerate mineralization are present at the Kir Vit zone. Proximal to both mineralized trends are altered mafic volcanic rocks that also show indication of late-stage mineralization as well as hydrothermal alteration.
  • Large hydrothermal footprint: Multiple alteration assemblages have been identified in the field indicating a large hydrothermal footprint. Alteration encountered thus far includes sericite, albite, epidote, silica, hematite and carbonate.
  • Proximity to existing resources: The Kir Vit zone has displayed multiple similarities to nearby deposits including the porphyry-style mineralization at Agnico Eagle's Upper Beaver deposit. The current exploration target is approximately 10 kilometres southeast of Agnico Eagle's Upper Beaver deposit, which has an indicated mineral resource of 1,461,000 ounces of gold at 6.62 grams per tonne Au with 56,006,000 pounds copper at 0.37 per cent Cu (6.87 million tonnes) and an inferred resource of 712,000 ounces Au at 4.85 g/t Au with 32,218,000 pounds of Cu at 0.32 per cent Cu (4.57 million t).
  • Drilling program under way: Gatling is using all of the collected data to help with planning of the current 3,500-metre drill program that is under way at the Kir Vit zone. Initial drilling has exposed heavily altered syenites, altered volcanics, quartz-carbonate breccia patches and multiple lenses of conglomerate. Gatling will provide assay results as they come in.

        SUMMARY OF SURFACE SAMPLES COLLECTED BY GATLING EXPLORATION FROM THE KIR VIT ZONE

Surface                Zone      Au        Lithology                                        Description
sample type                   (g/t)
                                                                    strong sericite-hematite alteration
Grab                Kir Vit     7.0   mafic volcanic              with 2 per cent pyrite mineralization
                                                             strong hematite-ankerite-silica alteration
Grab                Kir Vit     6.7   mafic volcanic              with 5 per cent pyrite mineralization
                                                           matrix supported with strong silica-hematite
Grab                Kir Vit     1.2     conglomerate                alteration and jasper clasts within
                                                            matrix-supported conglomerate with moderate
Grab                Kir Vit     1.0     conglomerate                                  silica alteration
                                                                   strong sericite altered syenite with
Grab                Kir Vit     1.0          syenite      greater than 5 per cent pyrite mineralization
                                                               moderate sericite-albite alteration with
Grab                Kir Vit     0.8   mafic volcanic                   1 per cent pyrite mineralization
                                                       moderate silica-hematite-sericite-albite-altered
Grab                Kir Vit     0.8          syenite                                            syenite
                                                         matrix supported with moderate hematite-silica
                                                                     alteration, oxidation features and
Grab                Kir Vit     0.5     conglomerate      greater than 5 per cent pyrite mineralization
                                                       matrix supported with moderate silica alteration
Grab                Kir Vit     0.4     conglomerate                         and multiple jasper clasts
                                                        weak to moderate silica alteration with quartz-
                                                      calcite veinlets throughout and 1 per cent pyrite
Grab                Kir Vit     0.4   mafic volcanic                                     mineralization


Quality assurance/quality control

Surface samples are collected in the field at the Larder gold project site and divided into two samples. One sample is sent ActLabs in Timmins, Ont., for assay and the other half is secured and retained on site. All samples are analyzed for gold using standard fire assay-AA (atomic absorption) 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 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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