GML 8.00% 2.3¢ gateway mining limited

Ann: Gold Hits of up to 8.7g/t Highlights Extensions at Montague, page-6

  1. 8 Posts.
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    Good results and will just add to the resource base. Only 1 deposit (Julias) has had a mineral resources estimate update this year. We still have past drilling and new drilling to underpin the MRE updates for the other deposits (ie the whistler, achillies, montegue-boulder, evermore, flametree etc). Achillies and flametree had results in May and June that are yet to be factored into the MRE updates. I like the statement about more results coming from the recent 14,000m drilling campaign. This with the 16,000m drilling campaign mentioned on 27 September has me thinking there is sold news flow on the way for months. The MRE update project wide might take a while - be interesting to see if they do it in stages on a deposit by deposit basis or try and do it in one go for a large bump. Crappy markets ATM and gold seems unloved with a potential recession on the way. Hopefully that turns soon and GML can grow the MRE by a decent whack. Good luck to all shareholder!

 
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