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An announcement from Gateway Mining Limited ( (AU:GML) ) is now available.
Gateway Mining Limited has announced significant progress in its exploration activities at the Yandal and Glenburgh South Gold Projects. The arrival of a second diamond rig at Yandal will expedite the completion of key drilling before year-end, with promising results already seen at the Comanche prospect. Additionally, a new haul of gold nuggets at Great Western and ongoing aeromagnetic surveys at Glenburgh South highlight the potential for further gold mineralization. The company is well-capitalized, with $13.1 million in cash and securities and an additional $22.5 million raised, positioning it strongly for continued exploration into 2026.
The most recent analyst rating on (AU:GML) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Gateway Mining Limited stock, see the AU:GML Stock Forecast page.
More about Gateway Mining Limited
Gateway Mining Limited is a company focused on gold exploration projects in Western Australia, particularly the Yandal and Glenburgh South Gold Projects. The company is engaged in aggressive exploration activities to identify and develop gold resources.
Average Trading Volume: 10,076,110
Technical Sentiment Signal: Buy
Current Market Cap: A$183.4M
See more insights into GML stock on TipRanks’ Stock Analysis page.