Gatling Delivers Drilling Update: 7.7 g/t Au over 17.0 m Extending the Bear Deposit and Additional Positive Drilling Continues at the Fernland Deposit
VANCOUVER, BC / August 9, 2021 / GATLING EXPLORATION INC. (TSXV:GTR)(OTCQB:GATGF) (the "Company" or "Gatling) is pleased to announce that its ongoing drill program at the Larder Gold project has added significant value leading up to its mineral resource estimate in Q3 2021. Drilling at the Bear deposit has returned 7.7 g/t Au over 17.0 m including 25.3 g/t Au over 4.0 m up plunge from the core of the Bear deposit, connecting it to near-surface lenses identified in Gatling's 2019 drill campaign. The Fernland deposit has completed the 13,500 m drill program targeting near-surface gold mineralization and recent drilling from all three zones has added to both open pit and underground resource potential. Gatling has now entered the resource update phase utilizing its large drill database highlighted by more than 60,000 m of drilling completed by the company across all three high-grade gold deposits over the past 2.5 years, plus 70,000 m of historical drilling including 37,000 m to support Fernland's initial resource estimate.
Jason Billan, President and CEO for Gatling, commented, "The 25,000 m exploration program outlined at the beginning of the year is nearly 90% complete and has continued to deliver impressive results across the Fernland and now Bear deposits, which bode well for the upcoming mineral resource estimate at the Larder project. One of the primary objectives of our program this year was to close the gap between two main lenses at Bear which begin at roughly 100 m below surface and the core of the Bear deposit, which commences at approximately 500 m depth. We have now accomplished this significant achievement in a timely manner. In addition, Fernland continues to grow in size following the completion of its drill program, demonstrating further upside at depth and beneath a potential starter pit. We look forward to updating the market during a catalyst-rich second half of the year for the Company, while being laser focused on meeting or exceeding our 2021 goals."
- Category: Silver / Gold
- Published: 09 August 2021
- Written by Editor