Top

Gatling Exploration Inc.

TSXV Exchange | Jul 11, 2020, 12:39 PM EDT | Real-time price

GTR $ 0.365 RT
CHANGE
-0.01 (-2.6667%)
VOLUME
85,913
Day Low: 0.36
Day High: 0.38
 Back
Gatling Drills High-Grade, Near Surface Gold at Cheminis Deposit Including 12.3 g/t Au over 5.0 meters

VANCOUVER, Aug. 21, 2019 /PRNewswire/ - GATLING EXPLORATION INC. (TSXV: GTR, OTC: GATGF) (the "Company" or "Gatling") is pleased to report 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 g/t Au over 5.0 meters including 18.1 g/t over 3.0 meters.  The drill results are 2 km 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 up dip continuity to the main workings, which exhibit superior grades and widths.

Highlights and Observations

  • Cheminis Underground Infrastructure. The Cheminis mine has over 3,000 meters of development with 6 main levels, multiple stopes and a shaft. Our new drill program at Cheminis has extended the up-dip continuity of zone A. Further drilling will test this mineralized horizon as well as down dip extensions of all 4 zones.

  • Near Surface Mineralization, 100% Hit Rate. All three holes drilled at the Cheminis deposit to date have intersected gold mineralization within the upper 50 meters. The gold bearing units can be traced on surface for over 400 meters along strike within the historical Cheminis mine site.

  • Cheminis Deposit Dimensions and Continuity. The South Flow Zones A and C combined occupy over 550 meters 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 meters below the deepest underground workings (Figure 1 & 2).

  • GTR-19-008 intersected the South Flow zone with 12.3 g/t Au over 5.0 meters including 18.1 g/t Au over 3.0 meters (Figure 3 & 4).

Nav Dhaliwal, CEO stated, "Our first results from the Cheminis area, located over 2 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, 7-10% disseminated fine-grained whispy 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 (<0.5%) blebby pyrite.

GTR-19-010
The South Flow zone displays aphanitic texture, zones of quartz flooding-brecciation, 15-20% 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 south east plunge of the mineralized trend (Figure 4).

GTR-19-011
The South Flow zone displays aphanitic texture, zones of quartz flooding-brecciation, quartz-carbonate veinlets throughout, 2-3% 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 1-2% fine-grained pyrite.

Results from drill holes

Hole ID

From (m)

To (m)

Length (m)

Au (g/t)

Zone

GTR-19-008

24.5

29.0

4.5

1.0

South Flow Zone C

Including

24.5

27.0

2.5

1.5

South Flow Zone C

and Including

26.0

27.0

1.0

3.1

South Flow Zone C







GTR-19-0010

43.0

48.0

5.0

12.3

South Flow Zone A

Including

45.0

48.0

3.0

18.1

South Flow Zone A







GTR-19-0011

24.0

25.0

1.0

1.0

South Flow Zone A


51.0

53.0

2.0

1.3

South Flow Zone A


142.0

143.0

1.0

1.6

South Flow Zone A

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

 

Drill hole locations

Hole ID

Azimuth

Dip

Length (m)

UTM East

UTM North

Elevation (m)

GTR-19-008

315

-77

369

599330

5330194

320

GTR-19-010

315

-77

381

599408

5330255

330

GTR-19-011

325.6

-72

309

599505

5330297

330

 

Figure 1. Larder Project long section hybrid long section looking north with drilling composites (CNW Group/Gatling Exploration Inc.)

Figure 2. Cheminis Deposit with major mineralized zones A to D and drill pierce points (CNW Group/Gatling Exploration Inc.)

Figure 3. Larder Gold Project surface drilling status map showing local geology (CNW Group/Gatling Exploration Inc.)

Figure 4. Cheminis Deposit cross section looking west showing hole GTR-19-010 illustrating up dip continuity from existing infrastructure (CNW Group/Gatling Exploration Inc.)

QA/QC

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, Ontario. 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 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

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.

Gatling Exploration Inc. (CNW Group/Gatling Exploration Inc.)

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/gatling-drills-high-grade-near-surface-gold-at-cheminis-deposit-including-12-3-gt-au-over-5-0-meters-300904882.html

SOURCE Gatling Exploration Inc.

Copyright © QuoteMedia. Data delayed 15 minutes unless otherwise indicated. View delay times for all exchanges. Market Data powered by QuoteMedia. See the QuoteMedia Terms of Use.