Gateway stretches WA gold discovery to whopping 4.5km

The West Australian08-26 02:46

Gateway Mining has tacked another kilometre of strike onto its emerging Cowza gold discovery in Western Australia’s Yandal project, 85km northeast of Wiluna in WA, extending the continuous mineralised...

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It also struck 4m at 9.7g/t gold in its nearby Celia South prospect.","collect":0,"end_time":0,"defaultTopTitle":"thewest.com.au","property":[],"viewcount":null,"language":"en","relate_stocks":{"FGDL":"FRANKLIN RESPONSIBLY SOURCED GOLD ETF","DZZ":"德银黄金两倍做空ETN","GLL":"2倍做空黄金ETF-ProShares","GDXY":"YieldMax Gold Miners Option Income Strategy ETF","DUST":"二倍做空黄金矿业指数ETF-Direxion","NUGT":"二倍做多黄金矿业指数ETF-Direxion","GLD":"黄金ETF-SPDR","UYM":"基础材料指数ETF-ProShares两倍做多","GLDY":"Defiance Gold Enhanced Options Income ETF","BEGS":"RAREVIEW 2X BULL CRYPTOCURRENCY & PRECIOUS METALS ETF","DGZ":"做空黄金ETN(德银)","PICK":"iShares MSCI Global Metals & Mining Producers ETF","IAU":"黄金信托ETF-iShares","SHNY":"MICROSECTORS GOLD 3X LEVERAGED ETN","AAAU":"Goldman Sachs Physical Gold ETF","BAR":"GraniteShares Gold Shares","BTGD":"STKD Bitcoin & Gold ETF","RC":"Ready Capital Corp","DULL":"MICROSECTORS GOLD -3X INVERSE LEVERAGED ETN","KGLD":"Kurv Gold Enhanced Income ETF","SGDM":"Sprott Gold Miners ETF","GLDM":"SPDR Gold MiniShares Trust","IGLD":"FT Vest Gold Strategy Target Income ETF®","IAUI":"NEOS Gold High Income ETF","GLTR":"abrdn Physical Precious Metals Basket Shares ETF","GOLY":"Strategy Shares Gold Enhanced Yield ETF","IAUM":"ISHARES GOLD TRUST MICRO","DGP":"二倍做多黄金ETN(PowerShares)","BGLD":"FT Vest Gold Strategy Quarterly Buffer ETF","GDX":"黄金矿业ETF-VanEck","RING":"iShares MSCI Global Gold Miners ETF","OUNZ":"VanEck Merk黄金股票基金","PHYS":"Sprott Physical Gold Trust","02840":"SPDR金","JDST":"金矿指数二倍做空ETF","GDXD":"MicroSectors Gold Miners -3x Inverse Leveraged ETN","XME":"金属与采矿指数ETF-SPDR","GDXJ":"小型黄金矿业ETF(Market Vectors)","USG":"USCF Gold Strategy Plus Income Fund","DBC":"商品指数ETF-PowerShares DB","YGLD":"Simplify Gold Strategy PLUS Income ETF","GBUG":"Sprott Active Gold & Silver Miners ETF","JNUG":"金矿指数二倍做多ETF","PPI":"AXS Astoria Real Assets ETF","GOAU":"U.S. Global GO GOLD and Precious Metal Miners ETF","SGOL":"Abrdn Gold ETF Trust","GDXU":"MicroSectors Gold Miners 3x Leveraged ETN","CEF":"Sprott Physical Gold & Silver Trust","GDXW":"Roundhill Gold Miners WeeklyPay ETF","UGL":"2倍做多黄金ETF-ProShares"},"translate_title":"Gateway 将西澳金矿发现延伸至 4.5 公里","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GDXJ":1.5,"DUST":1.5,"CEF":1.5,"GOAU":1.5,"JNUG":1.5,"IAUI":1.5,"PHYS":1.5,"UYM":1.5,"FGDL":1.5,"BTGD":1.5,"UGL":1.5,"GLDY":0.6,"DGZ":0.6,"GDXW":0.6,"OUNZ":1.5,"RC":1,"IGLD":0.6,"SGOL":1.5,"GDXU":1.5,"KGLD":0.6,"IAUM":1.5,"DGP":1.5,"NUGT":0.6,"IAU":1.5,"GLD":0.6,"GDX":1.5,"PPI":1.5,"DZZ":1.5,"BEGS":1.5,"02840":1.5,"DBC":1.5,"XME":1.5,"GLTR":1.5,"SGDM":1.5,"DULL":1.5,"GLDM":1.5,"SHNY":1.5,"JDST":1.5,"GLL":1.5,"YGLD":0.6,"USG":1.5,"AAAU":1.5,"BAR":1.5,"GBUG":1.5,"GDXY":1.5,"RING":1.5,"BGLD":0.6,"GDXD":1.5,"PICK":1.5,"GOLY":1.5},"content_text":"Gateway Mining has tacked another kilometre of strike onto its emerging Cowza gold discovery in Western Australia’s Yandal project, 85km northeast of Wiluna in WA, extending the continuous mineralised system an additional 1000m to an impressive 4.5 kilometres. The latest aircore drilling results from the step-out program include an 8-metre hit grading 2.1 grams per tonne gold.The company also tabled an impressive high-grade intercept of 4m at 9.7g/t gold from 60m depth at its nearby Celia South prospect in the same project, extending the mineralised footprint to more than 1.5km of strike.Gateway’s latest aircore drill results from the northern extension of its Cowza discovery, part of its broader Yandal gold project, continue to demonstrate the system’s scale. Other key step-out intercepts at Cowza include 8m at 1.6g/t gold from 80m and 8m at 1.1g/t gold from just 36m.Management says the mineralisation at Cowza remains open along strike and at depth and is now approaching the separate Celia South corridor, pointing to a strong possibility that the two systems could link up. The company believes the broader Celia Shear corridor, which hosts both discoveries, is a large-scale hydrothermal gold system.The strongest results at Cowza are consistently associated with a favourable mafic-intermediate geological contact within a structurally complex corridor, a setting the company says is associated with other significant gold deposits in the prolific Yandal Belt.The timing of the discovery looks opportune, with the Australian gold sector in the midst of a significant merger-and-acquisition wave as producers look to add scale and mine life to their operations. With gold prices still hovering at elevated highs of more than US$4600 (A$6400) per ounce, fresh discoveries in proven postcodes such as the Yandal Belt are capturing market attention.While the aircore rig has been busy defining the near-surface scale of the mineralised oxide footprint, a reverse circulation (RC) drill rig has also been busy at Cowza, drilling into deeper fresh rock. The initial assay results from that work are slated for return next month and are expected to provide the first meaningful test of the system’s grade and continuity at depth.The company remains well-funded to continue its aggressive exploration push, reporting a healthy $15.1 million in cash and liquid securities at the end of the June quarter.These latest results continue to reinforce our belief that Cowza is emerging as a major new gold system within the Yandal Project. With drilling now defining continuous gold mineralisation over approximately 4.5 kilometres of strike, Cowza has grown substantially from the initial discovery announced only in June 2026 and remains open in multiple directions. This level of continuity is rare and highlights the scale of the mineralised system we are uncovering.Gateway Mining chief executive officer Richard Pugh said: While the focus is firmly on the Yandal project, Gateway also holds several other resources in the region, including the 163,000-ounce Montague-Boulder deposit and the adjacent 77,000-ounce Julias-Flametree trend, 70km northwest of Sandstone in WA’s Mid West region.With the RC hammer-bit now driving hard through deeper fresh rock at Cowza, all eyes will be on the assay lab next month. If that program can deliver grades that build on the promise indicated by these latest results from the shallow oxide zone, Gateway might just be rounding the corner on a significant new gold discovery in one of WA’s premier mineral regions.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":false,"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":"4.48.0","shortVersion":"4.48.0","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/2662076171","isCrawlerRequest":true}