GML gateway mining limited

News: Gateway Mining survey to identify copper drill targets in Western Australia

  1. Gateway Mining (ASX:GML) is carrying out a high powered moving loop electromagnetic survey at its Gidgee Project in Western Australia.

    The survey will focus on the volcanogenic massive sulphide system that is host to The Cup copper mineralisation.

    The company believes the system is extensive and fertile for VMS mineralisation as its deposits occur in clusters.

    Previous drilling returned:

    - 27 metres at 1.55% copper from 87 metres;
    - 52 metres at 0.92% copper and 2 metres at 32 grams per tonne silver from 64 metres; and
    - 18 metres at 1.48% copper from 74 metres.

    Results will feed in to drill planning with the expectation that any targets identified from this survey will be drill tested.

    Gateway plans to commence drilling at some point in the next 4-6 weeks, depending on obtaining approvals and rig availability.



    Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

 
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