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Gateway Mining Ltd

Gateway Mining starts new phase of drilling at Gidgee Gold Project

The reverse circulation program and follow-up infill drilling will be used to estimate maiden resources.

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Gidgee is 70 kilometres north of Sandstone in WA's Mid West

Gateway Mining Ltd (ASX:GML) has started a new phase of drilling at its wholly-owned Gidgee Gold Project in Western Australia.

The 25-hole reverse circulation (RC) drilling program will go for 3,900 metres and initially target depth extensions of the high-grade mineralised zones at the advanced Whistler and Montague prospects.

The company expects drilling to be finished within a month after which the drill rig will move onto a program of detailed resource infill drilling to enable estimation of a maiden resource at both prospects.

READ: Gateway Mining identifies additional high-grade gold trend at Gidgee project

The junior gold explorer is advancing the Gidgee project north of Sandstone through systematic exploration strategy and techniques.

A particular focus is the major mineralised shear system along the contact between the granite intrusion and the mafic volcanic sequence.

Excellent potential remains to discover substantial near-surface oxide gold deposits while the depth extent of mineralisation remains largely untested.  

Gateway also has exposure to a portfolio of highly prospective gold and base metal projects located adjacent to a number of active mining operations.

Quick facts: Gateway Mining Ltd

Price: $0.02

Market: ASX
Market Cap: $18.58 m
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