The Conversation (0)
October 20, 2021
Wide zones of shallow mineralisation intersected over a strike length of at least 1.2km
Gateway Mining Limited (ASX: GML) (Gateway or Company) is pleased to advise that it has intersected a significant zone of shallow oxide gold mineralisation in air-core (AC) drilling at the Julias target zone, within its Gidgee Gold Project in the Murchison region of WA.
HIGHLIGHTS
- Strong, near-surface oxide gold mineralisation intersected at the greenfields Julias target zone, located ~5km north-west of the existing 240koz Mineral Resource at the Gidgee GoldProject.
- Significant results from this substantial new shallow high-grade oxide gold zoneinclude:
- GWAC0971: 13m @ 4.0g/tAu
- GWAC0972: 3m @ 7.2g/tAu
- GWAC0974: 14m @ 1.1g/tAu
- GWAC0978: 7m @ 1.6g/t Au, and 1m @ 8.6g/tAu
- GWAC0965: 24m @ 1.4g/tAu
- TheJuliastargetisnowinterpretedtoextendsouthintotheneighboringFlametreetargetzone,where drilling by Gateway in 2020intersected1:
- GWAC0267: 5m @ 10.4g/tAu
- GWAC0256: 4m @ 3.8g/tAu
- GWAC0257: 9m @ 1.1g/tAu
- GWAC0247: 5m @ 3.8g/tAu
- GWAC0246: 3m @ 3.5g/tAu
- Systematic drilling to be prioritised to evaluate the potential of this exciting new target with Reverse Circulation drilling to commence in late November and further air-core drilling early next year.
Julias is located on a highly prospective litho-structural corridor approximately 5km to the west of the 240,000oz Inferred Montague-Whistler gold deposits2 and immediately north of the previously defined gold mineralisation at Flametree (Figure 3). The results continue to demonstrate the wider potential of the Gidgee Project, and support Gateway's strategy of systematically developing and drill testing targets within this 5km radius.
Read the full article here.
GML:AU
INN Article Notification
6h
Alice Queen Completes Exploration Target Estimate at Horn Island, Intends to Update MRE
Alice Queen (ASX:AQX) has completed an exploration target (ET) estimate for its Horn Island project in Torres Strait, Queensland, highlighting the potential for a large-scale gold mineralised system. The results are as follows:“The Exploration Target for Hard Rock domains at Horn Island is 34.6... Keep Reading...
29 April
Gold Price Holds Above US$4,500 as Fed Holds Rates for Third Time
The US Federal Reserve held its third meeting of 2026 from Tuesday (April 28) to Wednesday (April 29) as elevated energy prices sparked a resurgence in inflation concerns.As overwhelmingly expected, the central bank held the federal funds rate steady in the 3.5 to 3.75 percent range.The Fed is... Keep Reading...
29 April
Gareth Soloway: Gold, Silver, Oil — Price Targets, What's Next
Gareth Soloway, chief market strategist at VerifiedInvesting.com, shares his latest price calls for gold and silver, saying that while he remains bullish in the long term, he doesn't think precious metals have bottomed yet. He also weighs in on what's coming for oil and how he's playing the... Keep Reading...
29 April
Gold Runner Exploration Completes 2026 Option Payment For Falcon Property Near Elko Nevada And Provides Update On Exploration Plans
Gold Runner Exploration Inc. (CSE: GRUN, Frankfurt: CE70) (“Gold Runner” or the “Company”) is pleased to announce that, further to the its news release dated January 15, 2026, the Company has paid the USD $100,000 option payment, due on or before April 30, 2026, to the Falcon Mine Group (“FMG”),... Keep Reading...
Interactive Chart
Latest Press Releases
Related News
TOP STOCKS
American Battery4.030.24
Aion Therapeutic0.10-0.01
Cybin Corp2.140.00