GML gateway mining limited

Co's announcement 17th OctPOW Lodged for drilling program on new...

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    Co's announcement 17th Oct


    POW Lodged for drilling program on new Joint Venture tenement

    Gateway Mining Ltd (‘Gateway’ or ‘the Company’) is pleased to announce that it recently lodged a POW
    with the Department of Mines and Petroleum, WA, for a further 1,800m Reverse Circulation (RC)
    drilling program on the new Joint Venture tenement M57/633 in Gidgee, WA (refer to Gateway
    announcement on 12 August, 2013).

    It is expected that drilling of these additional holes will commence in the first half of October, 2013.

    Objectives of the upcoming drilling:

    ? Drill to the west of ore-grade intersections at The Cup prospect (e.g. 27m @ 1.42% Cu from 89m
    in GRC200 & 22m @ 1.31% Cu from 74m in GRC183) on the new JV tenement M57/633

    ? Test below shallow gossanous intersections on The Chalice horizon that have significantly better
    geochemistry than The Cup horizon.

    ? Test the interpreted westerly dip of mineralisation at The Cup as per recently completed MLTEM
    survey

    ? Test for a potential magnetic feature association between the magnetic response and VMS base
    and precious metal mineralisation. If the suggested association is well founded, The Cup/The
    Chalice could indeed be a very large system of significant dimensions

    I hear they have been pursuing this new adjoining tenement for about a year and have great expectations for it to host something significant. DUOR
 
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