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An update from Gateway Mining Limited ( (AU:GML) ) is now available.
Gateway Mining has reported further strong exploration results from its Yandal Gold Project, where oxide gold mineralisation at the Haflinger prospect has now been traced over 4km along the Celia Shear structure. New southward extensions and shallow drilling confirm the continuity of high-grade lodes toward the Horse Well Gold Camp, reinforcing the scale of the emerging gold system on the Celia-Mustang Trend.
At the nearby Hummer prospect, the company has intercepted primary gold mineralisation over 200m of strike within a broader 700m oxide zone, with key holes ending in mineralisation and leaving depth potential largely untested. Backed by a solid balance sheet with cash and liquid ASX securities, Gateway plans to accelerate reverse circulation drilling across Haflinger, Hummer, Rubicon, Mustang and other targets, which could enhance its resource base and strengthen its position within the Yandal gold camp.
More about Gateway Mining Limited
Gateway Mining Limited is an Australian gold exploration company focused on developing the Yandal Gold Project in Western Australia. The company targets structurally controlled gold systems along key shear zones, with current work concentrated on the Celia-Mustang Trend and associated prospects such as Haflinger, Hummer, Rubicon and Mustang.
Average Trading Volume: 2,797,491
Technical Sentiment Signal: Hold
Current Market Cap: A$158M
For an in-depth examination of GML stock, go to TipRanks’ Overview page.