Vancouver Exploration Company Achieves Milestone at Gold Project in the Abitibi
Source: Streetwise Reports 09/29/2021
Gatling Exploration completed metallurgical tests on its three deposits at Larder, which provided initial gold recovery levels on which the company aims to improve.
In its rapid advancement of the Larder gold project, Gatling Exploration Inc. (GTR:TSX.V; GATGF:OTCQX) just achieved a potential stock-moving milestone with the release of first metallurgical testing results.
“Total gold recovery at Cheminis was 80.8%, at Fernland, 88.3% … Bear, at 91.9%.”
Larder, Gatling’s only project, is a 3,370 hectare gold property that hosts three connected, high-grade gold deposits—Bear, Cheminis and Fernland—spanning 4.5 kilometers (4.5 km) in northern Ontario’s Abitibi Greenstone Belt.
The deposit sits along the Cadillac-Larder Lake Break, 35 km east of Kirkland Lake, an established gold camp where more than 70,000,000 ounces (70 Moz) of gold have been produced. Only 7 km away from Larder is the Kerr Addison mine that produced 11 Moz of gold.
As for the new metallurgical results, detailed in a news release, combined gravity and standard cyanide extraction methods returned initial recoveries between 81% and 92% for the three deposits. Total gold recovery at Cheminis was 80.8% and at Fernland, 88.3%. Gold recovery was the highest at Bear, at 91.9%.
In comparison, typical overall recoveries at operating mines in the Abitibi are in the low to mid-90% range. Thus, Vancouver-based Gatling intends to conduct additional testing to determine the best way to achieve gold recoveries at its three deposits, which are at least on par with the benchmark for the region.
In terms of other work taking place at Larder, Gatling is continuing its 70,000 meter drill campaign there. Through drilling to date, the company not only connected the three deposits but also discovered gold at Kir Vit and delineated near-surface gold zones at Fernland.
The next catalysts for fast-moving Gatling, expected in Q4/21, are release of more drill results, from Bear and Kir Vit.
Sign up for our FREE newsletter at: www.streetwisereports.com/get-news
Disclosures:
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 Inc. Click here for important disclosures about sponsor fees.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports’ terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the decision to publish an article until three business days after the publication of the article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Gatling Exploration Inc., a company mentioned in this article.
( Companies Mentioned: GTR:TSX.V; GATGF:OTCQX, )
Source: https://www.streetwisereports.com/article/2021/09/29/vancouver-exploration-company-achieves-milestone-at-gold-project-in-the-abitibi.html
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).