Gatling Exploration Inc. (TSXV: GTR) released Friday night after closing bell results from its ongoing drill program at the Larder Gold project, highlighting an intersection of 7.7 g/t gold over 17.0 metres. The company said the results would add value to the upcoming mineral resource estimate report for the property.
The latest drill results came from the Bear and Fernland deposits, highlighting the following assays:
- GTR-21-132 (Bear deposit): 7.7 g/t gold over 17.0 metres
- including 25.3 g/t gold over 4.0 metres
- GTR-21-127 (Bear deposit): 6.6 g/t gold over 5.0 metres
- GTR-21-125 (Fernland deposit): 1.4 g/t gold over 31.0 metres
- including 8.7 g/t gold over 2.0 metres
The mining firm reported that assays from hole GTR-21-132 included visible gold. The drill results from the Bear deposit extend it by 150 metres vertically and 350 metres along strike, possibly adding value to the upcoming mineral resource estimate.
On the other hand, the company completed its 13,500-metre exploration program on the Fernland deposit, identifying three new mineralized zones striking over 1 kilometre.
Gatling is looking on to develop future targets within the property, including extending the Bear deposit to the east, exploring deeper the Fernland and Cheminis deposits, and planning exploration programs around Swansea Zone and Kir Vit North deposits.
Gatling Exploration last traded at $0.36 on the TSX Venture.
Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.