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Bullboard - Stock Discussion Forum Gatling Exploration Inc. GATGF

Gatling Exploration is a well-financed Canadian gold exploration company focused on advancing the Larder 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.

GREY:GATGF - Post Discussion

Gatling Exploration Inc. > Gatling to Commence AI Target Generation at Larder Gold Proj
View:
Post by GarryF1 on Jul 30, 2020 10:09am

Gatling to Commence AI Target Generation at Larder Gold Proj

 

ORIGINAL: Gatling to Commence AI Target Generation at Larder Gold Project, Ontario

 

2020-07-30 08:00 ET - News Release

 

VANCOUVER, BC / ACCESSWIRE / July 30, 2020 / GATLING EXPLORATION INC. (TSXV:GTR)(OTCQX:GATGF) (the "Company" or "Gatling) is pleased to announce it has engaged artificial intelligence (AI) experts, Windfall Geotek, to use its advanced Computer Aided Resource Detection System (CARDS) to identify probable gold targets at the Larder Gold project. The AI targets will be evaluated and explored using traditional exploration techniques in upcoming programs.

Highlights of CARDS Analysis on Larder Gold Project

  • Large, Prospective Project Area. Gatling's Larder Gold project occupies 3,370 hectares along the Cadillac Larder Lake Break, a prolific structural gold trend. The property hosts three high-grade deposits along the main break, as well as two additional, underexplored gold trends, recently discovered 6 km north.
  • Robust Database for AI Analysis. AI uses pattern recognition and machine learning to make predictions based off compiled datasets. The Larder project benefits from a vast database of recent and historical data, including: >2,000 drill holes, >90,000 assays, >1,000 surface rock samples, >500 soil samples, as well as geophysics, Lidar and bedrock geology.
  • Multiple Localized Deposits Provide Important Guidance for AI. The area to be analyzed has numerous deposits including, but not limited to, Agnico Eagle's Upper Beaver, Kerr Addison, Mistango River Resources' Omega Mine and Gatling's 3 high-grade gold deposits: Fernland, Cheminis and Bear. These known gold deposits will be instrumental in guiding the AI, with the goal of highlighting areas on Larder that may be geologically similar to other deposits in the district.

Image: https://www.accesswire.com/users/newswire/images/599569/image.png

Figure 1. Larder Gold project area with bedrock geology, structures and training points to be included in the CARDS analysis.

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.

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.

SOURCE: Gatling Exploration Inc.



View source version on accesswire.com:
https://www.accesswire.com/599569/Gatling-to-Commence-AI-Target-Generation-at-Larder-Gold-Project-Ontario


© 2020 Canjex Publishing Ltd. All rights reserved.

Comment by JMark80 on Aug 06, 2020 8:56pm
I just started to look into GTR, promising asset but consensus seems to be mgmt is holding it back? Good mgmt is just as important as the project itself.
Comment by ardbegoil on Aug 09, 2020 9:30am
I believe that consensus was formed by individuals that were upset that present management didn't go along with a previous financing deal and their plans and apple cart was upset....Present management will be vindicated when the present massive drill campaign is completed especially in this rising gold market....Just enjoy the cheap shares while they last and this is going to be phenominal ...more  
Comment by JMark80 on Aug 09, 2020 4:06pm
Last financing was at a huge discount to vwap, I guess the bright side is at least there were no warrants. I can understand why individuals are upset, didn't realize this was a BTR spinout. Hopefully Nav and Dale are fired from this company as well.
Comment by snow43wolf on Aug 11, 2020 10:17pm
They never ever got fired from BTR!!!!!!!!!! Nav and Dale only like taking small start ups "like BTR  was" and make them into large cap stocks from aquasitions of good claims and drill test them. All of that info is in the spinoff documents that I recieved prior too the spinoff. Nav does not like dealing with the larger cap headaches as it were. ......snow
Comment by JMark80 on Aug 11, 2020 11:49pm
Fired, asked to resign - semantics. Nav and Dale thought they were receiving $1mm each, then sued BTR when they didn't receive it, but garnishing order was overturned. You give Nav way too much credit!
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