10 x in 2014, page-9

It may be worth reiterating the Company's last announcement.

I understand that the strength of the conductor is about 4 times larger than what SFR encountered !

Although deep, the flat lying nature would permit easier mining, assuming what lies beneath is of significance.

A happy, healthy and PROSPEROUS 2014 to all.

The Company is extremely pleased with the results from the FLTEM survey. The survey showed the conductor to have very high conductance of ~10,000S, which is potentially characteristic of well-developed massive sulphide accumulations. Further, the conductor is flat lying with extensive dimensions of approximately 1,000m x 500m.
Many of the significant Ni-Cu-PGE intrusive related deposits around the world are hosted in relatively small intrusions, with the size of the deposit being quite large relative to the intrusion size. This compares favourably to the location and size of the identified conductor relative to the interpreted intrusion (see below). ABN: 31 008 402 391 Level 8, 210 George Street Sydney NSW 2000 GPO Box 225 Sydney NSW 2001 Tel: 61 2 9191 4543 Fax: 61 2 8247 7999 Website: www.gatewaymining.com.au Email: [email protected]

The conductor is much stronger than initially thought, which is a very encouraging sign for the prospect. Conductance of ~10,000S is considered very high and typical of the type of mineralisation being explored for at the prospect. This flat-lying conductor appears to lie approximately 400m-450m from surface
“Overall, these results are very exciting and are close to what we were hoping this fixed-loop survey would yield. The location of the conductor relative to the interpreted intrusion is typical of the style of deposit we believe this prospect has the potential to hold. Further, the strength and large aerial size provide further encouragement that the target has the potential to host an ore-body of significant scale” said Scott Jarvis, Head Geologist.
Drill Program Planning Underway
The Company has begun planning its next drill program to commence early in 2014. It is expected to include two diamond holes to test this new Ni-Cu-PGE target. RC drilling will continue testing for extensions to The Cup VMS copper mineralisation, along with several other compelling targets identified during 2013.
About Gateway Mining Limited
Gateway holds approximately 150sqkm of tenements over the Gum Creek Greenstone Belt in the Yilgarn Craton, Gidgee WA (600km NE of Perth). The tenements have all the hallmarks of a significant new VMS province, with existing gold mineralisation throughout the project. The Company is well funded and plans to focus exploration efforts on The Cup and nearby surrounding areas for the immediate future. Gateway also has in place an experienced management and technical team.