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     178  0 Kommentare Gatling Obtains Kir Vit Drilling Permit and Acquires Remaining Interest on Swansea Leases at the Larder Gold Project, Ontario

    VANCOUVER, BC / ACCESSWIRE / June 3, 2021 / GATLING EXPLORATION INC. (TSXV:GTR)(OTCQB:GATGF) (the "Company" or "Gatling) is pleased to announce that it has obtained its drilling permit for the Kir Vit prospect six km north of the three high-grade …

    VANCOUVER, BC / ACCESSWIRE / June 3, 2021 / GATLING EXPLORATION INC. (TSXV:GTR)(OTCQB:GATGF) (the "Company" or "Gatling) is pleased to announce that it has obtained its drilling permit for the Kir Vit prospect six km north of the three high-grade gold deposits at the Larder Gold Project. The Company's maiden program at Kir Vit hit gold mineralization in 13 out of 16 holes and discovered three new mineralized zones. Gatling has also entered into an acquisition agreement (the "Agreement") to acquire a 25% interest in certain mining leases on the western portion of the Larder property known as the Swansea zone, such that Gatling will now hold a 100% interest in all mining leases and claims on its Larder property.

    Kir Vit Zone Highlights and Upcoming Activity

    • Three New Gold Discoveries Since 2019. Gatling has identified three new gold zones at the Kir Vit prospect since 2019 through drilling and surface exploration programs. Drilling discovered intrusion related and conglomerate hosted gold mineralization (Figure 1). In 2020 a large outcrop stripping campaign was conducted, cross cutting all favorable rock types, and uncovered a new set of gold mineralized shear zones that trend NE-SW and dip steeply to the NW. These newly discovered high-grade gold shear zones include grades up to 16.2 g/t Au and will be the focus of the 2021 Phase II drill program in early Q3 (Figure 2).
    • Phase II Drill Program at Kir Vit Prospect to Commence in July. Gatling has now received its Early Exploration Permit for Kir Vit drilling, which will allow the program to continue into 2023. Two drill rigs are currently deployed at Larder's three main high-grade gold deposits along the Cadillac Larder Lake Break ("CLLB"). In early Q3 2021, one of these drills will be assigned to the Kir Vit prospect, focusing on expanding the high-grade shear zones along strike and at depth.
    • New Shear zones are Untested and Open in All Directions. The recently discovered shear zones have not been recorded in historical literature on the property. These highly prospective zones strike NE-SW and steeply dip to the NW and are approximately 450 m away from 2019 drillhole, KV-19-01, which intersected 5.9 g/t Au over 3.0 m within intrusion style gold mineralization.

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    Gatling Obtains Kir Vit Drilling Permit and Acquires Remaining Interest on Swansea Leases at the Larder Gold Project, Ontario VANCOUVER, BC / ACCESSWIRE / June 3, 2021 / GATLING EXPLORATION INC. (TSXV:GTR)(OTCQB:GATGF) (the "Company" or "Gatling) is pleased to announce that it has obtained its drilling permit for the Kir Vit prospect six km north of the three high-grade …