Gold Explorer Finishes Surface Work, Starts Drilling at Abitibi Project

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Published : August 29th, 2019
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FOLLOW : Gold Work

The focus of both programs is a single zone at the gold property.

24hGold - Gold Explorer Finish...

Gatling Exploration Inc. (GTR:TSX.V; GATGF:OTCMKTS) reported in a news release the findings from its surface exploration work at the Kir Vit zone of the Larder gold project in Ontario's Abitibi belt.

The company determined the presence of high-grade gold at surface, specifically 7 grams per ton gold and 6.7 grams per ton gold.

It also confirmed Kir Vit's geology, that it features both "intrusive-style mineralization and Timiskaming conglomerate mineralization," according to the release. Altered mafic rocks close to both mineralized trends indicate late-stage mineralization and hydrothermal alteration. Several alteration assemblages suggest a sizable hydrothermal footprint there.

Finally, the Canadian explorer discovered that Kir Vit has characteristics similar to those of nearby deposits, such as Agnico Eagle's Upper Beaver with porphyry-style mineralization.

Now, Gatling is drilling 3,500 meters at Kir Vit. So far, drilling "exposed heavily altered syenites, altered volcanics, quartz-carbonate breccia patches and multiple lenses of conglomerate," the release noted. The company will report drill hole assays when they are available.

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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.
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