Gateway high-grade hits trigger widening WA gold potential

The West Australian06-03

Gateway Mining has strengthened the case for a district-scale gold discovery at its flagship 1780-square-kilometre Yandal gold project in Western Australia after reporting a string of high-grade first...

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potential\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-06-03 04:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thewest.com.au/business/bulls-n-bears/gateway-high-grade-hits-trigger-widening-wa-gold-potential--c-22378143><strong>The West Australian</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Gateway Mining has strengthened the case for a district-scale gold discovery at its flagship 1780-square-kilometre Yandal gold project in Western Australia after reporting a string of high-grade first...</p>\n\n<a href=\"https://thewest.com.au/business/bulls-n-bears/gateway-high-grade-hits-trigger-widening-wa-gold-potential--c-22378143\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FGDL","symbol_name":"FRANKLIN RESPONSIBLY SOURCED GOLD 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Mustang prospect.With mineralisation now emerging across a much broader footprint, the company is preparing to ramp up reverse circulation (RC) drilling in a bid to rapidly grow its existing gold resource.Operating along ultra-wide reconnaissance lines spaced one kilometre apart, the initial aircore passes slammed into significant gold mineralisation across areas that had never been effectively drill-tested before.Standout hits from the newly defined Celia South prospect included one hole that returned 10 metres grading 2.2 grams per tonne (g/t) gold from 66m, featuring a 2-metre slice at a hefty 9.2g/t goldAnother hole clocked 12m running 1.4g/t gold from 60m, including a higher-grade core of 4m at 3.5g/t gold, whilst a further hole intercepted 16m at 1g/t gold from 104m depth.Meanwhile, along the parallel Great Western Shear Corridor, 3km west of Celia South, first-pass lines at the Panikin prospect revealed a continuous 3-kilometre mineralised trend. This zone was headlined by one hole that nailed 4 metres grading 2.7g/t gold within a broader 12-metre hit running 1.1g/t gold from 88 metres.Notably, this result falls within the southern extension of the rock sequence, where much of Gateway’s ongoing Great Western drilling is taking place, hinting that there may be plenty more good news on the way. The first batch of assay results is expected shortly.Along with assays from the latest drilling, a suite of results remains pending from the company’s top-priority Great Western Flexure Zone. The target, which has previously yielded a swathe of gold nuggets at surface, lies along trend roughly 15 kilometres north of Panikin.Ongoing aircore results continue to confirm that our flagship Yandal project is host to a very large gold system. These new results at Celia South and Panikin build on the exciting gold discoveries that we have announced over the past several months.Gateway Mining chief executive officer Richard PughThe immediate success of the program was born of Gateway’s systematic resampling of 366 historic drill holes. Geochemical profiling revealed previous operators had completely missed the mark, failing to drill the exact mafic-intermediate contact that controls the high-grade gold at Northern Star Resources’ nearby multi-million-ounce Millrose operationManagement says that repeating gold mineralisation across parallel structures over this scale is exactly how big gold camps emerge. The company views these high-grade hits from first-pass regional efforts as a definitive starting point for uncovering a major new discovery.According to management, this shallow drilling campaign has been specifically designed to outline the broader boundaries of the system, set up the geos with the highest-potential targets and nail down big blowouts in mineralised width and grade.Beyond these promising new southern frontiers, the company’s broader northern portfolio at Yandal features a suite of highly advanced, structurally complex targets.Systematic work has already outlined an impressive 4-kilometre trend of shallow oxide gold at the company’s Haflinger prospect, whilst recent shallow results from the adjacent Hummer target have confirmed the presence of high-grade primary gold.Immediately south, the newly discovered parallel Rubicon trend has been defined over a 700-metre strike length, remaining entirely open to the south. Further east, the massive Dusk ‘til Dawn prospect anchors the project’s resource framework, sitting on a broad 7.5-kilometre alteration system defined by complex gold-molybdenum-copper-bismuth geochemistry underlain by deep low-gravity units.Gateway’s near-term focus now pivots to the week of 15 June, when a heavy reverse circulation drill rig arrives on site. This rig will pierce the shallow oxide zones to test directly beneath these spectacular shallow hits at Great Western and Celia South, targeting the primary gold-bearing structures hosted in fresh rock to drive a major resource expansion push in the second half of 2026.Backed by 15.7 million dollars in cash and 5.6 million dollars in liquid securities, the company looks well-positioned to unlock serious value from this expansive system and rapidly expand Yandal’s current 400,000-ounce gold resource.Is your ASX-listed company doing something interesting? Contact: matt.birney@wanews.com.au","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.44.0","shortVersion":"4.44.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2640973728","isCrawlerRequest":true}