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    • Delayed Prices (USD) - Last Updated 29-06-2022
    • Gold $1,819.40
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    Gateway Mining intersects oxide gold over 2km at Gidgee

    Gateway Mining (ASX: GML) has intersected a +2km long oxide gold anomalism from aircore drilling at the Plymouth target within its 100%-owned Gidgee Gold Project in Western Australia’s Murchison district.

    The company had recently completed a 22,000m wide-spaced aircore drilling program at Gidgee, which included a total of 91 holes for 6,888m at Plymouth. Initial results include:

    • Hole GWAC0645: 4m @ 1.8g/t Au
    • Hole GWAC0593: 4m @ 1.4g/t Au
    • Hole GWAC0637: 4m @ 1.0g/t Au

    Commenting on the results, Gateway Mining Managing Director Mark Cossom said: “These are really encouraging results for our very first systematic air-core program to test the large Plymouth gold anomaly. Achieving several shallow ore grade results within an extensive oxide zone gold anomaly is a tremendous result and clearly establishes Plymouth as one of our priority greenfields exploration targets.”

    Achieving several shallow ore grade results within an extensive oxide zone gold anomaly is a tremendous result”

    The Plymouth target is a large gold anomaly located 850m west of and parallel to the key Montague-Boulder to Evermore trend that was defined by fine-fraction soil sampling conducted in 2020. Importantly, Plymouth is one of several emerging pipeline exploration opportunities within 5km of Gateway’s existing mineral resource at Gidgee.

    Aircore drilling across the +2km Plymouth anomaly, running parallel to Montague-Boulder to Evermore trend
    Aircore drilling across the +2km Plymouth anomaly, running parallel to Montague-Boulder to Evermore trend

    Gateway reports that it plans to undertake follow-up drilling to better define the anomalism and continue testing to the south. The company plans to advance the Plymouth target during the next aircore campaign in February 2022, with further drilling to extend coverage to the south and in-fill within the existing anomaly.

    Work for the company’s project-wide mineral resource upgrade is ongoing, with updates including a revised estimate on the existing Montague-Boulder Mineral Resource along with a maiden mineral resource estimate for the Evermore, Achilles North oxide, and Airport oxide targets.

    Images: Gateway Mining Limited
    Jonathan Norris
    Jonathan is a founder of Mining.com.au and has been covering the resources industry since 2018. With over 17 years experience in print, broadcast and online media, Jonathan has seen first hand the transformative effect of online niche media.

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    • Delayed Prices (USD) - Last Updated 29-06-2022
    • Gold $1,819.40
    • Silver $20.79
    • Platinum $909.00
    • Palladium $1,802.00
    • Dalian Iron Ore i2209 $121.88
    • Aluminium $2,495.50
    • Cobalt $72,400.00
    • Copper $8,417.50
    • Lead $2,003.50
    • Nickel $22,882.00
    • Tin $26,991.00
    • Zinc $3,318.00