Get the Latest Investment Ideas Delivered Straight to Your Inbox. Subscribe

News Update


Explorer Connects Two Deposits at Ontario Project, Aims to Link Third
News Update

Share on Stocktwits


Accordingly, the company continues an expanded, aggressive stepout drill program there.

Gatling Exploration Inc. (GTR:TSX.V; GATGF:OTCMKTS) connected two of its three deposits at its Larder gold project in Ontario, it announced in a news release.

"These results mark an important milestone for our drilling program," Nathan Tribble, vice president of exploration, said in the release.

The link between the Bear and Cheminis deposits came about through the results of a 400 meter stepout hole from the high-grade core at Bear. It confirmed gold mineralization in the North zone towards Cheminis and added mineralization to the South Flow zone. That stepout hole returned 36.8 meters (36.8m) of 1.5 grams per ton (1.5 g/t) gold including 14.8m of 2 g/t gold.

The bottom line is that Bear and Cheminis "are part of larger mineralized trend extending for at least 2.5 kilometers along strike," the release noted.

Gatling will continue its methodical stepout hole drilling, proceeding along the Cadillac-Larder Break towards Cheminis, aiming to connect Fernland, the third deposit. This is part of the expansion of Gatling's drill program at Larder to 35,000m, which it announced in a news release a month ago. Another part targets the recently acquired Kir Vit zone, where surface samples returned high-grade gold.

"This is the second major expansion of our 2019 drill program at the Larder gold project and comes as a result of repeated success," CEO and President Nav Dhaliwal said in the release.

Recent drilling at the Ontario project hit a 36.8m interval of widespread mineralization in Bear's North and South Flow zones. It features "consistent, evenly distributed gold grades indicating an intense hydrothermal system with widths comparable to Kerr-Addison," according to the release.

New noteworthy assays from the project include 10.6 g/t gold over 5m in GTR-19-009, a 200m stepout hole at Bear, and 12.3 g/t gold over 5m in GTR-19-008 on a near surface stepout at Cheminis.


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