Gatling Exploration drills 54 m of 0.8 g/t Au at Larder
Gatling Exploration drills 54 m of 0.8 g/t Au at Larder
2021-12-08 09:19 ET - News Release
Mr. Jason Billan reports
GATLING DRILLING IDENTIFIES SIGNIFICANT GOLD INTERSECTIONS WITHIN NEW HOST TARGET AT THE KIR VIT PROSPECT OF THE LARDER GOLD PROJECT, ONTARIO
Gatling Exploration Inc. has completed phase II drilling at the Kir Vit prospect which totalled 5,330 metres. Highlights include 1.4 grams per tonne gold over 26 m in KV-21-30 within a larger intersection of 0.8 g/t Au over 54 m, and 4.9 g/t Au over four m in KV-21-018. Three mineralization styles have been identified at Kir Vit, indicating a large gold system is present in the area with multiple structural controls. Intersecting new mineralized horizons within the brecciated conglomerate also merits a follow-up program, since it is the largest geological unit at Kir Vit striking over one kilometre with widths up to 600 m. Gatling is focused on expanding all mineralized envelopes with phase III exploration and drilling in 2022.
Jason Billan, president and chief executive officer for Gatling, commented: "The results of the recently completed 5,000-metre drill program have completely redefined the gold potential of the Kir Vit prospect at the Larder gold project. Initial drilling at Kir Vit outlined promising near-surface gold intercepts near syenitic intrusions and shear-hosted structures in mafic volcanic rocks. The phase II drilling was partially designed to probe a large, one km long by 600 m wide package of Timiskaming conglomerates containing hydrothermal breccia structures. The drill intersections in the shear structures yielded high grades over shorter intervals, while hole KV-21-30 in the conglomerate zone suggests that Kir Vit has more to offer by exhibiting much larger widespread zones than recently discovered. This new mineralized unit, still heavily unexplored, is volumetrically large and will be the focus of our phase III 2022 drilling at the Kir Vit prospect. We will be outlining our comprehensive exploration budget and program at the Larder gold project in early 2022."
Phase II Kir Vit highlights:
- Gold at Kir Vit is found in three different mineralization styles. The phase II drill program at the Kir Vit prospect intersected shear-hosted, conglomerate-hosted and intrusion-related mineralization styles. Northeast-southwest-trending shear structures identified in the 2020 stripping campaign was tested by KV-21-018, which intersected 4.9 g/t Au over four m including 7.9 g/t Au over one m. Intrusion-related gold mineralization is associated with the contact between mafic volcanics and syenitic intrusions, which was encountered in multiple instances at lower grades. Conglomerate-hosted gold was intersected in all three holes testing the mineralized trend, including KV-21-030 which uncovered a near-surface gold zone grading 0.8 g/t Au over 54 m including 1.4 g/t Au over 26 m. This wide intercept has a strong correlation to a specific layer within the conglomerate that exhibits an increase in clast density, matrix mineralization and hydrothermal breccia textures. The conglomerate trend is open along strike and at depth and is a priority for the phase III program;
- Strong correlation between gold values and 3-D induced polarization survey. Mineralization at Kir Vit has demonstrated a close association with moderate to high resistivity and moderate chargeability. The 3-D IP, along with lidar interpretations, have been instrumental in discovering new gold mineralization trends in both the 2019 and 2021 drill programs. This correlation will be utilized in phase III exploration to target other highly prospective zones;
- Near-surface gold mineralization within the Timiskaming conglomerate opens northern part of Kir Vit. KV-19-016 and KV-21-030 have each intersected conglomerate-hosted gold mineralization at a 300 m stepout. With a strike of over one km and a width of 600 m at surface, the Timiskaming conglomerate is a promising target of future exploration. Infill drilling to connect the two holes, utilizing similar geophysical signatures, and further extension of the mineralized footprint within the conglomerate is planned for phase III;
- Phase III exploration. Gatling will follow up the successful phase II exploration program with a 2022 phase III program. The program will consist of 4,000 to 5,000 m of drilling targeting all three gold mineralization styles with a primary focus on the conglomerate trend and select areas for outcrop stripping within the Timiskaming conglomerate. Gatling will continue to utilize the 3-D IP survey as well as the lidar extraction models that help identify areas of structural complexities.
Quality assurance/quality control
Drill core is logged and sampled at the Larder gold project site. Core samples from the program are cut in half, using a diamond cutting saw with half sent for assay at SGS lab in Cochrane, Ont. The other half is secured and retained on site. All samples are analyzed for gold using standard fire assay-atomic absorption techniques. Samples returning greater than five 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 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 project hosts three high-grade gold deposits along the Cadillac-Larder Lake break, 35 km east of Kirkland Lake. The Larder property has a global mineral resource estimate (2021) of 388,000 ounces Au indicated and 933,000 oz Au inferred gold ounces from both open pit and underground resources. The project is 100 per cent owned 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 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.
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