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Gateway Mining Limited ( (AU:GML) ) has issued an announcement.
Gateway Mining Limited has successfully completed the acquisition of the Yandal Gold Project from Strickland Metals Ltd, securing a JORC-compliant resource of 400,400 ounces of gold. This acquisition marks a strategic milestone for Gateway, enhancing its portfolio in Western Australia and positioning it for further exploration and development in the under-explored Yandal Greenstone Belt. The company plans to advance the Horse Well mining license application and explore additional targets, which could significantly impact its operations and shareholder value.
More about Gateway Mining Limited
Gateway Mining Limited is a company operating in the mining industry, focusing on gold exploration and development. The company is primarily involved in projects located in Western Australia, with a significant emphasis on expanding its gold resource portfolio.
Average Trading Volume: 1,026,516
Technical Sentiment Signal: Sell
Current Market Cap: A$11.04M
For detailed information about GML stock, go to TipRanks’ Stock Analysis page.