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8 stories mentioning ASX:GMLUpdated 12d ago

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Asia

Gateway Mining Starts Soil Sampling Program at Western Australia Project; Shares Rise 6%

Gateway Mining (ASX:GML) started a regional soil sampling program across its Glenburgh South Project in Western Australia targeting the Errabiddy and Northern Shear corridor trends, according to a Monday filing with the Australian bourse.The program of more than 2,400 soil samples is designed to test about 50 kilometers of structural corridors interpreted from recent magnetic and remote sensing studies, per the filing.The company said both target corridors occur within the same prospective host stratigraphy and along parallel structures to Benz Mining's (ASX:BNZ) tier 1 Glenburgh gold discovery, which it said delivered a more than AU$1 billion market capitalization for Benz over the past year.Gateway remains well capitalized to undertake planned 2026 exploration with AU$15.1 million of cash and liquid securities at the close of June, it said.Gateway Mining shares advanced 6% in recent Monday trade, while Benz Mining was more than 16% higher.

ASX:BNZASX:GML
Asia

Gateway Mining Intersects Gold Mineralization at Western Australia Project; Shares Up 6%

Gateway Mining (ASX:GML) intersected gold mineralization linked with a broad zone of shearing, quartz veining and alteration at its Yandal project in Western Australia, according to a Monday filing with the Australian bourse.The results, which extend the Cowza discovery to 3.5 kilometers of continuous strike, include 4 meters at 11.1 grams per tonne (g/t) grade of gold from 72 meters, 8 meters at 3.1 g/t grade of gold from 76 meters, and 4 meters at 3.3 g/t grade of gold from 80 meters, the filing said.A second drill rig will start drilling this week to define the scale of the mineralized footprint in fresh rock at the discovery, per the filing.Shares rose nearly 6% in afternoon trade Monday.

ASX:GML
Asia

Gateway Mining Says Follow-up Drilling at Western Australia Discovery Returns Consistent High-Grade Gold Results

Gateway Mining (ASX:GML) said follow-up step-out drilling at the Cowza discovery at its Yandal gold project in Western Australia returned consistent high-grade gold intercepts across each drill line, according to a Tuesday Australian bourse filing.This included intercepts of 27 meters at 1.4 grams per tonne grade of gold from 84 meters to bottom-of-hole, as well as 8 meters at 2.2 g/t grade of gold from 76 meters. The results extend gold mineralization to around 2.5 kilometers of strike.A second reverse circulation drill rig will arrive on site in the coming weekend, and it will immediately begin drilling at Cowza.The firm's shares rose 1% in recent trading on Tuesday.

ASX:GML
Asia

Gateway Mining Starts Reverse Circulation Drilling at Western Australia Gold Project

Gateway Mining (ASX:GML) said it started reverse circulation drilling at its Yandal gold project in Western Australia following a short delay due to rig maintenance issues, according to a Monday filing with the Australian bourse.One reverse-circulation rig is drilling on site; a second rig is due to arrive in the second weekend; and the company has an option to add a third rig during the current quarter, per the filing.The company said aircore drilling at Yandal will stop at the end of July, with results from the southern portion of the project area due to be released soon.Gateway said it remains well-capitalized for planned 2026 exploration, with AU$15.7 million in cash at the end of the March quarter.

ASX:GML
Asia

Gateway Mining Confirms Strong Gold-Silver Mineralization at Western Australia Prospect, Shares Up 9%

Gateway Mining (ASX:GML) said aircore drilling at the Great Western prospect at the Yandal gold project in Western Australia confirmed a large-scale gold-silver system, according to a Tuesday Australian bourse filing.The results were up to one meter at 89 grams per tonne silver from 33 meters to the bottom of the hole, and one meter at 78 grams per tonne silver from 11 meters to the bottom of the hole.The company said the aircore drilling has scratched the surface of a broad hydrothermal system, with a reverse circulation (RC) rig mobilizing later in the week and a second RC rig to be added early next quarter to test the dolerite contact and vertically beneath the silver anomalism, it added.The company's shares rose 9% in recent Tuesday trade.

ASX:GML
Asia

Gateway Mining Says Drilling at Western Australia Prospect Confirms Strong Gold Mineralization

Gateway Mining (ASX:GML) said aircore drilling at the Cowza prospect at the Yandal gold project in Western Australia confirmed the target mafic-intermediate contact hosts strong mineralization, according to a Monday Australian bourse filing.It encountered intercepts of four meters at 4.7 grams per tonne grade of gold from 96 meters and four meters at 3 g/t grade of gold from 76 meters. The mineralization was intersected over an 800-meter portion of a 2.5-kilometer structure, and remains open to the north and south.

ASX:GML
Asia

Gateway Mining Intersects Gold Mineralization at Western Australia Project

Gateway Mining (ASX:GML) intersected gold mineralization at its Yandal project in Western Australia during initial first-pass air-core drilling across Celia South and the Great Western Shear Corridor structures, according to a Wednesday filing with the Australian bourse.Results include 12 meters at 1.4 grams per tonne grade of gold from 60 meters, 10 meters at 2.2 g/t grade of gold from 66 meters, and 16 meters at 1 g/t grade of gold from 104 meters, the filing said.Additionally, reverse circulation drilling will start in the week of June 15 to focus on depth extensions, per the filing.

ASX:GML
Asia

Gateway Mining Intersects High-Grade Gold at Western Australia Project

Gateway Mining (ASX:GML) intersected high-grade gold mineralization from recent drilling at the Haflinger deposit of its Yandal gold project in Western Australia, according to a Monday Australian bourse filing.The results were up to 12 meters at 1.1 grams per tonne gold from 104 meters, and eight meters at 1.1 grams per tonne gold from 96 meters.The company said it remains well capitalized for its planned exploration for the year, with AU$15.7 million in cash and AU$5.6 million in liquid Australia-listed securities at the end of the March quarter.The company's shares fell 1% in recent Monday trade.

ASX:GML

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