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The latest update is out from Gateway Mining Limited ( (AU:GML) ).
Gateway Mining has reported a significant shallow gold intercept at the Mustang Prospect within its Yandal Gold Project, with hole MPAC0651 returning 32 metres at 1.1 grams per tonne gold from 20 metres, including 8 metres at 2.1 grams per tonne. The result extends high-grade mineralisation 500 metres northwest into a previously undrilled area, defining the Mustang Prospect over at least 900 metres of strike within a newly recognised splay structure and leaving mineralisation open to the north and at depth.
The intercept, which ended in mineralisation, suggests further potential within an untested target shear zone and indicates that earlier drilling did not fully evaluate the new structure, prompting Gateway to plan additional holes to probe an 800-metre-long dilation zone. These developments strengthen the emerging more-than-6-kilometre Eastern Gold Trend, bolstering the project’s exploration upside and reinforcing Gateway’s position as it advances a well-funded 2026 exploration campaign.
More about Gateway Mining Limited
Gateway Mining Limited is an Australian gold exploration company focused on its 100%-owned Yandal Gold Project in Western Australia. The company targets large-scale, high-grade gold systems along the Eastern Gold Trend, including prospects such as Mustang and Rubicon, and remains well funded for its ongoing exploration program.
Average Trading Volume: 2,983,073
Technical Sentiment Signal: Hold
Current Market Cap: A$155.6M
For an in-depth examination of GML stock, go to TipRanks’ Overview page.