GML looks like it has bottommed at current $3.3M cap and $650k cash
Gateway holds approximately 140sqkm 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, along with existing gold mineralisation throughout the project
As the second part of the Company’s strategy, attention has been focused on advancing the gold targets within the Gidgee ground. While not the focus of market announcements, the Company has continued to steadily progress the Montague gold area, to the point where we believe we will be able to announce a maiden JORC gold resource in the near future. This will provide an excellent platform upon which we can add further ounces through cleverly targeted drilling"
