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An update from Gateway Mining Limited ( (AU:GML) ) is now available.
Gateway Mining Limited has announced the acquisition of an 80% interest in the Glenburgh South Gold Project, located in the Gascoyne region of Western Australia. This strategic move positions Gateway adjacent to Benz Mining Corp’s Glenburgh Project, which has shown significant gold mineralization. The acquisition is expected to enhance Gateway’s exploration portfolio, offering a promising early-stage project while maintaining its primary focus on the Yandal Gold Project. The company plans to conduct early-stage exploration at Glenburgh South, leveraging its existing capital to support exploration activities over the next three years.
More about Gateway Mining Limited
Gateway Mining Limited is a company operating in the mining industry, focusing primarily on gold exploration and development. The company is engaged in exploring and developing gold projects in Western Australia, with its flagship project being the Yandal Gold Project.
Average Trading Volume: 2,955,609
Technical Sentiment Signal: Hold
Current Market Cap: A$124.1M
For an in-depth examination of GML stock, go to TipRanks’ Overview page.