Inactive Instrument

Gatling Exploration Inc.

GTR

CA3680172085

Gatling Exploration : Drills 114.3 m of 0.8 gt Au from Surface, 3rd Zone Delivers Strong Continuity at Larder's Fernland Deposit

April 08, 2021 at 08:20 am EDT

Vancouver - GATLING EXPLORATION INC. (TSXV: GTR, OTCQB: GATGF) (the 'Company' or 'Gatling) is pleased to announce additional gold mineralization with continuity from surface.

Results include 114.3 m of 0.8 g/t Au starting at just 3.7 m below surface in hole GTR-21-097.

This drillhole is located in Zone 3 of Fernland, 650 m East of Zone 1 and 300 m East of Zone 2 where recent drilling intersected 170.0 m of 1.5 g/t Au and 101.3 m of 1.1 g/t Au within 30 meters of surface. These results confirm the presence of widespread, near surface mineralization over an increasing area at Fernland - one of three gold deposits along an unbroken 4.5 km mineralized trend at Gatling's Larder gold project.

Jason Billan, President and CEO for Gatling, commented, 'Fernland continues to deliver robust drill results over long intersections thus far in the program, which is consistent with our company's objective to develop the untapped open pit potential at Larder. We expect to release follow-up results at Zones 2 and 3 in the coming weeks at Fernland before shifting focus to the Bear deposit later next month.'

About Gatling Exploration

Gatling Exploration is a Canadian gold exploration company focused on advancing the Larder Gold Project, located in the prolific Abitibi greenstone belt in Northern Ontario. The Larder property hosts three high-grade gold deposits along the Cadillac-Larder Lake Break, 35 km east of Kirkland Lake. The project is 100% controlled by Gatling and is comprised of patented and unpatented claims, leases and mining licenses of occupation within the McVittie and McGarry Townships. The 3,370 ha project area is positioned 7 km 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:

Tel: 1-888-316-1050

Email: ir@gatlingexploration.com

Forward Looking Statements

Statements contained in this news release that are not historical facts are forward-looking statements, which are subject to a number of known and unknown risks, uncertainness and other factors that may cause the actual results to differ materially from those anticipated in our forward-looking statements. Although we believe that the expectations in our forward-looking statements are reasonable, actual results may vary, and we cannot guarantee future results, levels of activity, performance or achievements.

Latest news about Gatling Exploration Inc.

Gatling Exploration Inc. completed the acquisition of Clay Property from Goldstake Explorations Inc. and Transpacific Resources Inc.	Mar. 21	CI
Gatling Exploration Inc. entered into a definitive agreement to acquire Clay Property from Goldstake Explorations Inc. and Transpacific Resources Inc. for CAD 5 million.	Dec. 13	CI
MAG Silver Corp. completed the acquisition of Gatling Exploration Inc. from Sprott Asset Management LP and others.	22-05-19	CI
MT Newswires Canada Overnight Stocks To Watch: MAG Silver; GCM Mining	22-03-31	MT
MAG Silver Falls Nearly 4% as Says Acquiring Gatling Exploration in All-Share Transaction	22-03-11	MT
MAG Silver to Acquire Gatling Exploration in All-Share Transaction	22-03-11	MT
MAG Silver Brief: Upon Completion of Transaction, Expected that Gatling shareholders will hold Approximately 0.79% of MAG Shares on an Outstanding Basis	22-03-11	MT
MAG Silver Brief: Consideration values Gatling at About C$0.40 Per Share; GTR Closed at 0.27% on Thursday	22-03-11	MT
MAG Silver Brief: All Share Transaction; Each Gatling Holder Will be Entitled to Receive 0.01702627 of a Common Share of MAG for Each Share of Gatling Held	22-03-11	MT
MAG Silver Brief: To Acquire Gatling Exploration	22-03-11	MT
MAG Silver Corp. entered into an arrangement agreement to acquire Gatling Exploration Inc. from Sprott Asset Management LP and others for CAD 18.3 million.	22-03-10	CI
Gatling Exploration Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2021	22-02-28	CI
Gatling Exploration Inc. Drilling Identifies Significant Gold Intersections Within New Host Target at the Kir Vit Prospect of the Larder Gold Project, Ontario	21-12-08	CI
Gatling Exploration Inc. Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2021	21-11-26	CI
Gatling Exploration Inc. Extends Multiple Zones Beyond the 2021 Mineral Resource Estimate Model At the Bear Deposit Including 9.4 G/T Au over 4.0 M At the Larder Gold Project	21-11-24	CI
Gatling Exploration : Raising C$2.5 Million in a Private Placement of Flow-Through Shares and Common-Share Units	21-10-18	MT
Gatling Exploration Inc. announced that it expects to receive CAD 2.5 million in funding	21-10-17	CI
Gatling Exploration Inc. Reports 388,000 Indicated Plus 933,000 Inferred Gold Ounces of In-Pit and Underground Resources at the Larder Gold Project, Ontario	21-09-23	CI
Gatling Exploration Inc. Reports Solid Preliminary Results from Metallurgical Testing of Samples Collected from Each of the Three Gold Deposits on Its 100% Owned Larder Gold Project in Larder Lake, Ontario	21-09-08	CI
Gatling Exploration Inc. Provides Drilling Update	21-08-09	CI
Gatling Exploration : Says Larder Project Drilling Shows High-Grade Gold Mineralization	21-08-06	MT
Gatling Exploration Inc. Reports Earnings Results for the Full Year Ended March 31, 2021	21-07-28	CI
Gatling Exploration Inc. Signs Exploration Agreement with First Nations Groups	21-07-20	CI
Gatling Exploration : Raises C$2.3 Million in Initial Tranche of Private Placement of Flow-Through Shares and Common Units	21-07-12	MT
Gatling Exploration : Raising C$3 Million in a Private Placement of Common and Flow-Through Share Units	21-06-11	MT

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Company Profile

Gatling Exploration Inc. is a Canada-based junior mineral exploration company. The Company is engaged in the acquisition, exploration and evaluation of mineral properties located in the province of Ontario, Canada. The Company owns the Larder Lake Project. The Larder Lake Project is located in northern Ontario, approximately 35-kilometer (km) east of Kirkland Lake and 6 km west of Virginiatown. The Project covers an area of approximately 3,370 hectares is positioned 7 km west of the Kerr Addison Mine. The property hosts the bear, cheminis and fernland gold deposits that extend along 10 km of the Cadillac-Larder break between Kirkland Lake and Virginiatown.

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