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
2h
G Mining Ventures Strikes Deal to Acquire G2 Goldfields
G Mining Ventures (TSX:GMIN,OTCQX:GMINF) announced plans to acquire G2 Goldfields (TSXV:GTWO,OTCQX:GUYGF) in an estimated US$2.13 billion all-stock transaction, moving to consolidate two adjacent projects in Guyana to create one of the largest and lowest-cost gold-mining hubs in the Americas.The... Keep Reading...
6h
Infographic: Miners Retreat to Gold, Slash Early Stage Exploration to Record Lows
The global mining industry has decisively pivoted toward safe havens, funneling half of its entire exploration budget into gold while abandoning early stage grassroots discoveries at a record pace.According to the newly released World Exploration Trends 2026 report from S&P Global Market... Keep Reading...
22h
Dr. Jonathan Newman: Gold, Fiat and the Fed — An Austrian Economist’s View
Dr. Jonathan Newman, fellow at the Mises Institute, discusses Austrian economics, emphasizing its focus on individual actions and subjective ends. He also explains its historical roots in Carl Menger's principles and the methodology of praxeology. In addition, Newman critiques the US Federal... Keep Reading...
22h
Precious Metals Price Update: Gold, Silver, PGMs in Wait-and-See Mode on Iran Peace Deal
Precious metals prices are still riding a wave of uncertainty as the ground continues to shift under the Iran war. As is the case for many commodities, the price action for the precious metals complex remains at the whim of global leaders set to come to the negotiating table later this week.... Keep Reading...
08 April
Peruvian Metals Continues to Process at Full Capacity for the First Quarter of 2026 at Aguila Norte Processing Plant
Peruvian Metals Corp - (TSXV: PER,OTC:DUVNF) (OTC Pink: DUVNF) ("Peruvian Metals" or the "Company") announces production results for the first quarter of 2026 at its 80-per-cent-owned Aguila Norte processing plant ("Aguila Norte" or the "Plant") located in Northern Peru.During the first quarter... Keep Reading...
Latest News
Interactive Chart
Latest Press Releases
Related News
TOP STOCKS
American Battery4.030.24
Aion Therapeutic0.10-0.01
Cybin Corp2.140.00