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Gateway Mining kicks off nickel-copper drilling at Gidgee, Western Australia

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Gateway Mining (ASX:GML) has commenced a drilling program targeting 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, all with 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 anomalism beneath a gossan at surface, assaying 2,640ppm nickel and 1,210ppm copper.

Historic aircore results showed strong geochemical nickel and platinum 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 at the Blind Bat prospect that extends downwards to an estimated 750 metres.

It is expected the program will take four weeks to complete.

Recent rain in the area has made manoeuvrability in some locations difficult, and subject to weather conditions in the coming weeks, the timetable for completion may be extended.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

Quick facts: Gateway Mining Ltd

Price: 0.018 AUD

ASX:GML
Market: ASX
Market Cap: $23.47 m
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