Get the Latest Investment Ideas Delivered Straight to Your Inbox.

News Update

TICKERS: GTR; GATGF

Gold Explorer Doubles Drilling Coverage Area at Project in the Abitibi
News Update

Source:

Positive results to date prompted this decision.

Gatling Larder Project

Gatling Exploration Inc. (GTR:TSX.V; GATGF:OTCMKTS) expanded the 2019 drill program at its Larder gold project to 20,000 meters (20,000m) from 10,000m due to early success, it announced in a news release.

During the rest of this year's drill campaign for this asset in Ontario's Abitibi Belt, the company will aim to expand the Bear, Cheminis and Fernland deposits and explore, by drilling high-grade gold targets, new intrusion-related mineralization at the Kir Vit property. Currently, one rig is drilling at Bear and Cheminis. A second is at work at Kir Vit.

The first six holes drilled at Bear hit mineralization, confirmed historical high-grade lenses and extended the mineralized zones westward toward Cheminis. "The recent results demonstrate that the Bear deposit has strong continuity along strike over 500m and with a depth component over 700m within the North carbonate gold zone," the release explained.

Of the total 13 holes drilled this season at Bear and Cheminis at Larder, assays from seven remain pending.

Nathan Tribble, vice president of exploration stated, "The goal of our initial 10,000m 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 20,000m. The expanded program will also include drill testing a number of attractive high-grade gold targets on our newly acquired Kir Vit property." [NLINSERT]

Disclosure:
1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: Gatling Exploration. Click here for important disclosures about sponsor fees.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article until three business days after the publication of the interview or article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases.




Want to read more about Gold investment ideas?
Get Our Streetwise Reports Newsletter Free and be the first to know!

A valid email address is required to subscribe