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Gatling expands drill program to 20,000 metres following the success of the initial 10,000 meters at the Larder Gold project

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The additional drill meters will continue to focus on expanding the Bear, Cheminis and Fernland high-grade gold deposits, 35 km east of Kirkland Lake, as well exploring the recently permitted Kir Vit property.

Additional Information:

Company: Gatling Resources
Website: http://www.gatlingexploration.com
Stock Symbol: TSXV: GTR
Date Published: Aug 13, 2019
Transcript: Available

Video Transcript:

I’m Megan Edwards for InvestmentPitch Media

Gatling Resources is expanding its 2019 program at its Larder Gold Project following the success of the initial 10,000 meters of drilling.

The 100% controlled 3,370-hectare Larder Gold Project is located in the prolific Abitibi Greenstone Belt in Northern Ontario.

The project area is positioned 7 km west of the Kerr Addison Mine, which produced 11 million ounces of gold.

The additional drill meters will continue to focus on expanding the Bear, Cheminis and Fernland high-grade gold deposits, 35 km east of Kirkland Lake, as well exploring the recently permitted Kir Vit property.

The first 6 holes drilled at the Bear deposit all intersected gold mineralization, confirming the historical high-grade lenses, extending the mineralized zones to the west towards the Cheminis deposit.

Gatling has completed 13 drill holes to date with 7 holes drilled at Bear and Cheminis deposits with assays pending.

These are the results from the first 6 holes.

Gatling considers the Fernland, Cheminis and Bear deposits to be part of one large mineralized system with a strike length of 4 km along the Cadillac-Larder Break with small displacements within each deposit.

The recent results demonstrate that the Bear Deposit has strong continuity along strike over 500 meters and with a depth component over 700 meters within the North Carbonate Gold.

The additional 10,000 meters will focus on deposit expansion and new, high-grade targets with the aim of expanding mineralized horizons at the Bear, Cheminis and Fernland deposits and also exploring new intrusion-related mineralization at the Kir Vit property.

Two rigs are currently drilling at the Larder Gold Project with one rig exploring the Bear and Cheminis deposits and the second rig exploring the Kir Vit zone.

Nathan Tribble, Vice President Exploration, stated: "The goal of our initial 10,000 m program at the Larder Gold Project was to confirm historical high-grade lenses and expand the footprint of the existing deposits. We are very pleased with our success so far and have doubled the program to a total of 20,000 m. The expanded program will also include drill testing a number of attractive high-grade gold targets on our newly acquired Kir Vit property."

The shares are trading at $0.44.

For more information please visit the company’s website www.gatlingexploration.com, contact Investor Relations at 1-888-316-1050 or by email at ir@gatlingexploration.com.

I’m Megan Edwards for InvestmentPitch Media