Gatling Gunning for Shinier Gold Finds

Gatling Gunning for Shinier Gold Finds

By: Tomas Ronolski - News

Monday, September 16, 2019

Gatling Exploration Inc. (TSX-Venture:GTR) is just picking up steam. On Monday, when most of investors’ attention was focused on the energy sector, the Vancouver-based junior miner announced an increase of its current drill program to 35,000 metres.

A news release out Monday also said the program had already hit key milestones by confirming high-grade lenses and extending the Bear and Cheminis deposits with multiple holes. 

Gatling says it will use the bulk of the expanded program to continue developing the four-kilometre mineralized trend along the Cadillac Larder Lake Break in Northern Ontario, using aggressive step-out drilling.

For example, Gatling has drilled over 13,000 meters at the Bear deposit and has encountered intercepts including 20.7 grams per ton gold (g/t Au) over 6.1 metres and 10.6 g/t Au over five metres. At Cheminis, Gatling has completed over 2,500 metres of drilling at the Cheminis deposit and has drilled grades such as 12.3 g/t Au over five metres. 

Investors warmed to the news, bidding the shares up late Monday morning by seven cents, or 12.1%, to 65 cents, on close to 110,000 shares. 


Copyright © 2019 All rights reserved. Republication or redistribution of's content is expressly prohibited without the prior written consent of shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon

Other Penny Stock Movers

Catching Disease and Stocks at the Right Time is a Key to Success
Propanc Trumpets Breakthrough in Cancer-Cell Research
PetroTal Gushes on Peruvian Well Update
iSIGN Pops on Warrants News

Back to Top