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Gateway Mining Ltd.

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Summary

Project:

Gidgee

Deposit:Whistler
Location:Australia
Commodities:Gold
Date:1/29/2020
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:29-1-2020: Gateway Mining Ltd. announces an Exploration/Drilling Update report for its Whistler deposit at the Gidgee project. Drilling results incl. 13m @ 1.6g/t Au from 58m. Gateway Mining Limited (ASX: GML) (Gateway or Company) is pleased to report sig
Resources:(Resource, Inf.): 1.7Mt @ 2.23g/t Au at Whistler
CP/QP:[Overall Report]: Peter Langworthy (Internal)
ABSTRACT:Gateway Mining Limited (ASX: GML) (Gateway or Company) is pleased to report significant new results from the recently completed reverse circulation (RC) drilling program around the Whistler Gold Deposit, within the Company’s flagship 100%-owned Gidgee Gold Project in Western Australia (Figure 1). This drilling program was designed to undertake a first-pass assessment along strike to the north and south of the Whistler Gold Deposit to understand the potential to significantly grow the current resource (Inferred Resource of 1.7Mt at 2.23g/t Au for 120,000oz of contained gold: see ASX release dated 3 October 2019). The drilling targeted both the main granodiorite-hosted gold mineralisation and the hanging wall mafic-hosted lode system. The drilling at Whistler formed part of a large 11,000m RC drilling campaign undertaken over several targets at Gidgee, which included both the recent discovery of an extensive zone of shallow oxide gold at Achilles and the expansion of the Montague Gold Deposit, as detailed in the Company’s ASX releases of 12 December 2019 and 20 December 2019.

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