Gateway Mining (ASX:GML market cap: $36m)
Peter Langworthy - Managing Director
Following a highly successful $9 million capital raising, Gateway Mining has recently super-charged its exploration efforts across its camp-scale, 100%-owned Gidgee Gold Project, located 800km north-east of Perth in WA.
Gidgee hosts an existing JORC Inferred Resource of 240,000oz contained gold across two cornerstone deposits, Montague and Whistler.
Recent drilling has highlighted strong potential to grow both of these deposits, while also revealing outstanding potential and numerous emerging discoveries within Gateway’s recently expanded 1,000km2 ground position at Gidgee.
More than 25,000m of RC and air-core drilling is planned in the second half of 2020, ensuring strong news-flow through to the end of the year.