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【pocd or denial】Gatling Discovers 3rd High-Grade Gold Trend at Kir Vit; Encounters Highest Grades to Date
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简介VANCOUVER, BC / ACCESSWIRE / November 4, 2020 / GATLING EXPLORATION INC. (TSXV:GTR) (OTCQB:GATGF)(th pocd or denial
VANCOUVER,pocd or denial BC / ACCESSWIRE / November 4, 2020 / GATLING EXPLORATION INC. (TSXV:GTR) (OTCQB:GATGF)
(the
"
Company
"
or
"
Gatling"
) is pleased to announce high-grade results from channel sampling at the Kir Vit prospect - part of the Larder gold project in Ontario. Kir Vit lies 6 kilometers north of Gatling's high-grade deposits on the main Cadillac Larder Lake Break. Results include
16.2 g/t Au
and
8.2 g/t Au
in what is now the third trend discovered by Gatling at Kir Vit. The first two trends were discovered earlier this year when the Company's first pass drilling on the prospect hit mineralization in 13 out of 16 holes (see news release dated March 2, 2020).
News Highlights
High-Grade Gold Discovered at Kir Vit.
Surface channel samples at the Kir Vit prospect have returned high grade gold results including
16.2 g/t Au over 1.0 m, 8.2 g/t Au over 1.0 m
and
4.4 g/t Au over 1.0 m
(Table 1). Channel sampling also returned a grade of
2.8 g/t Au over 7.0 m
through a central sheared section of the outcrop. Gatling selected outcrops to strip, map and sample using LiDAR data, IP anomalies, and geochemical data (Figure 2).
Gold Discovered in Newly Identified NE-SW Trending Shear Zones.
A new set of NE-SW trending shear zones identified through outcrop mapping are associated with gold mineralization at the Kir Vit prospect. Channel sampling also highlighted intrusion related gold mineralization along the contact between the mafic volcanics and syenite. Shear hosted gold mineralization marks a third trend of mineralization at Kir Vit, in addition to intrusion related and conglomerate hosted trends which were identified in 2019 drilling.
Next Phases of Exploration.
The new exploration results will be integrated into Gatling's plans to follow up with the new mineralized trends with a Phase 2 drill program at Kir Vit as well as additional surface work on other exposed outcrops.
Nathan Tribble, VP Exploration for Gatling, commented, "
The discovery of a 3
rd
mineralized trend at the Kir Vit prospect, which includes the highest grades encountered to date, is very promising. Our first pass drilling hit gold mineralization in 13 out of 16 holes, and we are now factoring in the location of these new, higher grade results as we plan the next round of drill holes
.
"
Table 1.
Channel Sample Highlights
Channel ID
Sample Location ID
Easting
Northing
Lithology-Zone
Au (g/t)
Channel 9
9_1
598625
5334112
Volcanic-Syenite contact
16.2
Channel 1
1_8
598634
5334118
Shear zone
8.2
Channel 1
1_4
598638
5334118
Mafic Volcanic
4.4
Channel 1
1_18
598624
5334118
Volcanic-Syenite contact
2.8
Channel 1
1_19
598623
5334118
Volcanic-Syenite contact
2.7
Channel 1
1_3
598639
5334118
Mafic Volcanic
2.7
Channel 1
1_9
598633
5334118
Shear zone
2.6
Channel 2
2_10
598634
5334122
Shear zone
1.4
Channel 4
4_17
598623
5334114
Volcanic-Syenite contact
1.2
Channel 1
1_7
598635
5334118
Shear zone
1.1
Channel 2
2_22
598622
5334122
Volcanic-Syenite contact
0.9
Channel 1
1_12
598630
5334118
Mafic Volcanic
0.9
Channel 2
2_7
598637
5334122
Mafic Volcanic
0.8
Channel 4
4_16
598624
5334114
Mafic Volcanic
0.6
Channel 3
3_5
598641
5334126
Mafic Volcanic
0.6
Channel 4
4_9
598631
5334114
Mafic Volcanic
0.6
High-Grade Sample Descriptions
Channel 9 -
Sample Location ID 9_1
-
16.2 g/t Au
Green mafic volcanics with silica fracture filling throughout. Pervasive hematite-sericite-chlorite alteration with an increase in intensity towards intrusion contact and 1% whispy pyrite mineralization.
Channel 1 -
Sample Location ID 1_8 -
8.2 g/t Au
Light green aphanitic mafic volcanic host with silica overprinting textures. Alteration includes hematite haloes near the edges of the shear zone. Mineralization includes
visible gold
and whispy pyrite up to 10% that is concentrated in a shear zone trending NE-SW within the volcanic host (Figure 3).
Channel 1 -
Sample Location ID 1_4 -
4.4 g/t Au
Green aphanitic mafic volcanics with silica fracture filling throughout. Pervasive hematite-sericite haloes are present. Mineralization is 1-2% fine grained pyrite located within the mafic volcanics proximal to the NE-SW trending shear zones.
Channel 1 -
Sample Location ID 1_18 -
2.8 g/t Au
Beige medium grained contact zone between mafic volcanics and syenitic intrusion. Strong pervasive silica-sericite alteration and up to 5% pyrite mineralization increasing towards syenite intrusion.
Figure 1.
Regional map with geology, structures, Gatling's high grade gold deposits and the Kir Vit propsect.
Figure 2.
Map of the stripped outcrop at Kir Vit with associated geology, structures, channels, gold assays and trends.
Figure 3.
Channel sample ID 1 - Location 1_8
- Sample taken in newly identified NE-SW trending shear zone from Kir Vit with visible gold.
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 and the Kir Vit prospect 6 kilometers north which hosts 3 new gold trends. 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.
QA/QC
Channel samples are described and sampled at the Larder Gold project site. Channel samples from the program are cut off the outcrop using a handheld diamond cutting saw and then sent for assay at SGS lab in Cochrane, Ontario. All samples are analyzed for gold using standard Fire Assay-AA techniques. Samples returning greater than 5.0 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.
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,
Jason Billan, President and CEO
Gatling Exploration Inc.
For further information on Gatling, contact Investor Relations
Telephone: 1-888-316-1050
Email:
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/614324/Gatling-Discovers-3rd-High-Grade-Gold-Trend-at-Kir-Vit-Encounters-Highest-Grades-to-Date
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