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Gateway Mining Limited ( (AU:GML) ) has provided an update.
Gateway Mining Limited has announced significant findings from its Yandal Gold Project, with high-grade gold lag samples and soil anomalies identified at the Great Western Splay Structure. The results suggest a mineralized trend extending 3.5 kilometers, indicating potential for substantial gold deposits. This discovery positions Gateway Mining favorably within the industry, as the Great Western area appears to be a more promising exploration site compared to the Horse Well camp, due to its larger scale and geological complexity. The company is well-funded to continue its exploration efforts through 2025 and 2026, with ongoing programs to further assess the potential of this promising site.
More about Gateway Mining Limited
Gateway Mining Limited is a company operating in the mining industry, primarily focused on gold exploration and development. Its key project is the Yandal Gold Project located in Western Australia, where the company is actively exploring for high-grade gold deposits.
Average Trading Volume: 2,208,737
Technical Sentiment Signal: Hold
Current Market Cap: A$106.9M
See more data about GML stock on TipRanks’ Stock Analysis page.