Gateway Mining (ASX: GML) has been granted a trading halt today pending drilling results from the Gidgee project in Western Australia.
The pending assays are from a reverse circulation drilling program in the Yilgarn Craton, and recently intersections of massive sulphides were returned from a number of holes.
Interestingly, the presence of chalcopyrite throughout large sulphide intersections confirms the company’s opinion that there are very significant copper systems throughout the tenement package.
Gateway's tenements have all the hallmarks of a significant new VMS province, along with existing gold mineralisation throughout the project.
The halt will remain in place until the opening of trade on Wednesday 27th November 2013, or earlier if an announcement is made to the market.
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