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News

Gatling Hits High-Grade Gold at Larder Project, Including 20.7 g/t Au over 6.1 meters

GATLING EXPLORATION INC. (TSXV: GTR, OTC: GATGF) (the “Company” or “Gatling”) is pleased to announce the first three holes of its initial drill program at the Larder Gold Project, Ontario, including 20.7 g/t Au over 6.1 meters and 6.6 g/t Au over 7.8 meters in GTR-19-003. These first results extend the Bear deposit to depth as well as to the east.

Nav Dhaliwal, CEO commented, “This is an excellent start to the program and speaks to the successful evolution of the Company from its recently financed spin-out and land acquisitions in the prolific Kirkland-Larder area. Importantly, the scale of this early success increases our confidence in the potential to join the series of deposits along the Larder break into a single deposit over a four-kilometer strike length and perhaps further.” 

Highlights and Observations of Phase I

Dale Ginn, COO stated, “It is extremely encouraging to have hit such impressive widths and grades with the first holes of our maiden drill program at Gatling’s Larder project. Not only have these holes successfully extended the mineralized zone at depth and eastwards but we can also utilize the deeper holes for wedging, allowing for significant cost savings on additional holes.  We look forward to reporting regularly on new results from the four kilometers of zone we are currently focused on, as well as the near-surface targets we are generating from our new property additions to the north.”

Results from drill holes to date

Hole ID From (m) To (m) Length (m) Au (g/t) Zone
GTR-19-001A 815.0 820.0 5.0 1.0 North Carbonate Gold Zone (NCGZ)
Including 816.0 817.0 1.0 1.9 NCGZ
and Including 818.0 819.0 1.0 1.4 NCGZ
  890.0 891.0 1.0 3.4 Ultramafics
  933.5 934.5 1.0 2.3 South Volcanics
           
GTR-19-002 825.0 830.0 5.0 1.3 NCGZ/Ultramafics
Including 826.4 827.0 0.6 5.9 NCGZ/Ultramafics
  846.0 847.0 1.0 2.2 Ultramafics
  851.0 852.0 1.0 2.9 Ultramafics
  925.0 927.0 2.0 0.6 South Volcanics
           
GTR-19-003 797.0 803.1 6.1 20.7 NCGZ/Graphitic Zone
  808.0 815.0 7.8 6.6 NCGZ/Graphitic Zone
  821.0 822.0 1.0 3.2 Ultramafics
  967.2 968.8 1.6 1.9 South Volcanics
           
GTR-19-004W         Assays Pending

Drill hole locations

Hole # Azimuth Dip Length (m) UTM East UTM North Elevation (m)
GTR-19-001A 171 -67 1,047 600900 5330950 327
GTR-19-002 171 -67 996 600953 5330933 327
GTR-19-003 171 -67 1,011 600791 5330931 319
GTR-19-004W 171 -50 447 600791 5330931 319

 

Hole Descriptions

Figure 1. Larder Project long section hybrid long section looking north with drilling composites

Figure 1. Larder Project long section hybrid long section looking north with drilling composites

Figure 2. Bear Deposit hybrid long section looking north with drilling composites

Figure 2. Bear Deposit hybrid long section looking north with drilling composites

Figure 3. Bear Level Section with NCGZ, Ultramafics and South Volcanics

Figure 3. Bear Level Section with NCGZ, Ultramafics and South Volcanics

Figure 4. Bear cross section looking west showing hole GTR-19-003 and GTR-19-004W

Figure 4. Bear cross section looking west showing hole GTR-19-003 and GTR-19-004W

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 10.0 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 well-financed 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 km 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 km 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.

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.

For further information on Gatling, contact Investor Relations
Telephone: 1-888-316-1050
Email: ir@gatlingexploration.com 

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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