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Gateway Mining Ltd

Gateway Mining starts drilling at Western Australia nickel-copper-platinum project

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Gateway Mining (ASX: GML) has started a drilling program targeting both volcanogenic massive sulphide copper mineralisation and intrusive related nickel-copper mineralisation at its Gidgee Project in Western Australia.

The 1,400 metres of reverse circulation and 400 metres of diamond drilling will focus on eight targets.

These all have strong surface or shallow sub-surface anomalism corresponding to electromagnetic conductors.

Reverse Circulation drilling at the Apex target in March intersected nickel and platinum group element (PGE) anomalism beneath a gossan at surface that returned 2,640ppm nickel and 1,210ppm copper.

Historic aircore results showed strong geochemical Ni and PGE anomalism, including 12.2 metres at 0.71% nickel from 9 metres to end of hole.

Fixed loop electromagnetic surveying also recently identified a new 450 metre long conductor within the VMS stratigraphy at Blind Bat that extends downwards to an estimated 750 metres.

 

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Price: $0.02

Market: ASX
Market Cap: $20.77 m
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