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Gatling Exploration identifies high priority targets for testing at Larder gold project

The new targets include a fault splay to the north of the Swansea zone and untested unconformities to the north of Gatling's three main deposits

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Gatling has already define three existing, high-grade gold deposits, named Fernland, Cheminis and Bear

Gatling Exploration Inc (CVE:GTR) (OTCMKTS:GATGF) told investors Tuesday it has generated five priority targets for drill testing at its flagship Larder gold project in Ontario following survey work.

Several of the targets have been identified lying next to the so-called Cadillac-Larder Lake Break (CLLB), which already hosts Gatling's three existing, high-grade gold deposits, named Fernland, Cheminis and Bear.

READ: Gatling Exploration to use artificial intelligence to identify possible gold targets at the Larder project in Ontario

The new targets include a fault splay to the north of the Swansea zone and untested unconformities to the north of Gatling's three main deposits.

These splays off the main CLLB hold the potential for high-grade gold mineralization analogous to Kirkland Lake Gold's (TSE:KL) Macassa South mine complex and Agnico Eagle's (NYSE:AEM) Upper Canada deposit, the firm said.

The surveys have also further defined the Kir Vit area, 6 kilometers north of the CLLB, where Gatling recently discovered two new gold trends and hit mineralization in 13 holes.

"The new targets are currently being prioritized for future drill testing," said Gatling added in a statement. "This will include extension drilling at the main deposits, drill testing underexplored regional targets and follow up drilling at the Kir Vit area. Gatling has also recently engaged Windfall Geotek to add additional targets using its artificial intelligence and machine learning technology."

Larder, spanning 3,370 hectares, lies in the prolific Abitibi greenstone belt in Northern Ontario.

It sits 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.

Contact the author at [email protected]

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