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Transaction Announcement Reports
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RSC News | ✓ | ✓ | ✓ |
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Project: | Gidgee | |
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Deposit: | Caledonian | |
Location: | Australia | |
Commodities: | Gold | |
Date: | 8/6/2018 | |
Report Code: | JORC | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 6-8-2018: Gateway Mining Ltd. announces an Exploration/Drilling Update report for its Caledonian deposit at the Gidgee project. Drilling results incl. 14m @ 1.61g/t Au from 20m. Gateway Mining Limited (ASX: GML) (Gateway or Company) is pleased to advise t | |
Resources: | x | |
CP/QP: | [Overall Report]: Peter Langworthy (Internal) | |
ABSTRACT: | Gateway Mining Limited (ASX: GML) (Gateway or Company) is pleased to advise that it has defined several extensive and highly prospective new target areas from recent Reverse Circulation and aircore drilling surrounding the historical Caledonian and North East open pits within its emerging 100%-owned Gidgee Gold Project in Western Australia (Figure 1). The new results follow the outstanding initial drilling results reported in recent ASX announcements at the Whistler and Montague prospects, confirming the emerging scale and potential of the Gidgee Project. These drill results represent the final stage of the initial drilling program following the release of the highly significant results from the Whistler and Montague Prospects. The results continue to provide confidence that the mineralised system at the Gidgee Project has the potential to develop into a large-scale gold system with a strong high-grade component. The maiden aircore drilling program to systematically test the highly prospective mineralised margin of the Montague Granodiorite (Figure 3) has now been completed and results will continue to be reported as they come to hand over the next three weeks. | |
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