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
19h
RUA GOLD Submits Fast-Track Referral Application for Auld Creek Project in the Reefton Goldfield, New Zealand
Rua Gold Inc. (TSX: RUA,OTC:NZAUF) (NZX: RGI) (OTCQX: NZAUF) (FSE: X9R) ("Rua Gold" or the "Company") is pleased to announce the submission of its Fast-Track Referral application for the Auld Creek Project in the Reefton Goldfield, marking a key milestone in the Company's transition from... Keep Reading...
17 April
Top 5 Canadian Mining Stocks This Week: Tincorp Metals Pops 128 Percent
Welcome to the Investing News Network's weekly look at the best-performing Canadian mining stocks on the TSX, TSXV and CSE, starting with a round-up of Canadian news impacting the resource sector.On Monday (April 13), professional services firm EY released a report on BC's mining sector.... Keep Reading...
17 April
Editor's Picks: Gold Breaks US$4,800, Silver Passes US$82 as Hormuz Opens
The gold price had ups and downs this week, but overall moved higher, spending a decent amount of time above the US$4,800 per ounce level and even approaching US$4,900.Silver also fared well, breaking through US$82 per ounce.Prices for both precious metals have taken hits since the Iran war... Keep Reading...
17 April
Peruvian Metals Engages Apollo Shareholder Relations Ltd. for Investor Communications
Peruvian Metals Corp (TSXV: PER,OTC:DUVNF) (OTC Pink: DUVNF) ("Peruvian Metals" or the "Company") announces partnering with Apollo Shareholder Relations Ltd. ("Apollo") to provide a digital outreach marketing program to the current and new potential investors by providing clear market... Keep Reading...
17 April
Trading Halt
Sarama Resources (SRR:AU) has announced Trading HaltDownload the PDF here. Keep Reading...
Interactive Chart
Latest Press Releases
Related News
TOP STOCKS
American Battery4.030.24
Aion Therapeutic0.10-0.01
Cybin Corp2.140.00