Outstanding Air-Core Results Of Up To 8.6g/T Outline Large-Scale Oxide Gold Target At Julias

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.