New Risk • Mar 23
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: AU$134.7m (US$94.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (468% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (AU$134.7m market cap, or US$94.2m). Recent Insider Transactions • Oct 07
Executive Chairman recently bought AU$2.9m worth of stock On the 3rd of October, Andrew Bray bought around 50m shares on-market at roughly AU$0.057 per share. This transaction amounted to 32% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth AU$5.0m. Andrew has been a buyer over the last 12 months, purchasing a net total of AU$7.8m worth in shares. Tillkännagivande • Oct 06
Gateway Mining Limited, Annual General Meeting, Nov 24, 2025 Gateway Mining Limited, Annual General Meeting, Nov 24, 2025. New Risk • Oct 04
New major risk - Revenue size The company makes less than US$1m in revenue. Total revenue: AU$156k (US$103k) This is considered a major risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (23% average weekly change). High level of non-cash earnings (20% accrual ratio). Shareholders have been substantially diluted in the past year (384% increase in shares outstanding). Revenue is less than US$1m (AU$156k revenue, or US$103k). Minor Risk Market cap is less than US$100m (AU$132.0m market cap, or US$87.2m). New Risk • Sep 29
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (22% average weekly change). High level of non-cash earnings (22% accrual ratio). Shareholders have been substantially diluted in the past year (384% increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Revenue is less than US$5m (AU$4.0m revenue, or US$2.6m). Market cap is less than US$100m (AU$116.7m market cap, or US$76.7m). Recent Insider Transactions • Sep 26
Executive Chairman recently bought AU$5.0m worth of stock On the 24th of September, Andrew Bray bought around 90m shares on-market at roughly AU$0.055 per share. This transaction increased Andrew's direct individual holding by 1x at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Andrew's only on-market trade for the last 12 months. Tillkännagivande • Sep 24
Gateway Mining Limited has filed a Follow-on Equity Offering in the amount of AUD 22.5 million. Gateway Mining Limited has filed a Follow-on Equity Offering in the amount of AUD 22.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 378,636,363
Price\Range: AUD 0.055
Discount Per Security: AUD 0.0033
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 30,454,546
Price\Range: AUD 0.055
Discount Per Security: AUD 0.0033
Transaction Features: Subsequent Direct Listing New Risk • Aug 28
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 383% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). High level of non-cash earnings (22% accrual ratio). Shareholders have been substantially diluted in the past year (383% increase in shares outstanding). Minor Risks Revenue is less than US$5m (AU$4.0m revenue, or US$2.6m). Market cap is less than US$100m (AU$85.9m market cap, or US$55.9m). New Risk • Aug 26
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 20% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). High level of non-cash earnings (22% accrual ratio). Minor Risks Revenue is less than US$5m (AU$4.0m revenue, or US$2.6m). Market cap is less than US$100m (AU$18.4m market cap, or US$11.9m). Tillkännagivande • Aug 19
Gateway Mining Limited (ASX:GML) completed the acquisition of Yandal Project from Strickland Metals Limited (ASX:STK). Gateway Mining Limited (ASX:GML) entered into a binding asset sale agreement to acquire Yandal Project from Strickland Metals Limited (ASX:STK) for AUD 40.5 million on June 30, 2025. The consideration consists of 1.5 billion convertible preferred equity of Gateway Mining Limited to be issued for assets of Yandal Project. As part of consideration, AUD 40.5 million is paid towards assets of Yandal Project. The Gateway Mining Limited convertible preferred shares are convertible preference shares with limited voting rights which will automatically convert into fully paid ordinary shares in Gateway on a one for one basis.
The transaction is subject to approval of offer by shareholders of Gateway Mining Limited and Strickland Metals Limited,third party approval and is expected to be complete by the second half of August, 2025.
Longreach Capital Pty. Ltd. acted as financial advisor for Strickland Metals Limited. Hamilton Locke Pty Ltd acted as legal advisor for Strickland Metals Limited.
Gateway Mining Limited (ASX:GML) completed the acquisition of Yandal Project from Strickland Metals Limited (ASX:STK) on August 19, 2025. Tillkännagivande • Jul 02
Gateway Mining Limited (ASX:GML) entered into a binding asset sale agreement to acquire Yandal Project from Strickland Metals Limited (ASX:STK) for AUD 40.5 million. Gateway Mining Limited (ASX:GML) entered into a binding asset sale agreement to acquire Yandal Project from Strickland Metals Limited (ASX:STK) for AUD 40.5 million on June 30, 2025. The consideration consists of 1.5 billion convertible preferred equity of Gateway Mining Limited to be issued for assets of Yandal Project. As part of consideration, AUD 40.5 million is paid towards assets of Yandal Project.
The transaction is subject to approval of offer by shareholders of Gateway Mining Limited and Strickland Metals Limited and third party approval needed.
Longreach Capital Pty. Ltd. acted as financial advisor for Strickland Metals Limited. Hamilton Locke Pty Ltd acted as legal advisor for Strickland Metals Limited. New Risk • Apr 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (22% accrual ratio). Market cap is less than US$10m (AU$9.40m market cap, or US$5.68m). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (18% increase in shares outstanding). Revenue is less than US$5m (AU$4.0m revenue, or US$2.4m). Tillkännagivande • Mar 31
Gateway Mining Limited Provide an Update on Recent Exploration Programs Across the its Highly Prospective Barrelmaker Gold Project in WA Gateway Mining Limited provided an update on recent exploration programs across the Company's highly prospective Barrelmaker Gold Project in WA. The Barrelmaker Gold Project is located in the Sandstone region of Western Australia. The project, covering an area of 488km2, represents a large-scale exploration opportunity with demonstrated gold endowment, encompassing more than 80km of prospective strike extent within the Gum Creek Greenstone Belt. This represents one of the largest consolidated land holdings across the Sandstone region. The Project has been the subject of historical exploration, however, past drilling is considered to have been sub-optimal to test the mineralisation and historical results have only now been fully compiled. This recent work consolidates the regional scale datasets and allows for ongoing systematic assessment and targeting ahead of future planned air-core drilling programs. The new survey data has covered key areas of the Barrelmaker Gold Project that were previously only covered by low-resolution regional magnetic survey data. This now completes the full-high resolution coverage across the project and forms a core dataset for ongoing programs of exploration. A 2,016-sample systematic geochemical sampling program has been completed on a 200m x 100m grid over a 22km strike of the greenstone scale Youno Fault. Samples have been submitted to the laboratory and results are awaited. The Youno Fault is a major NE-SW trending structural system that extends over at least 22km within the Barrelmaker Project area. The interpreted intersection of the Youno Fault with the Gidgee Shear Zone is marked by the multi-million-ounce Swan-Swift Gold System. The Youno Fault system has not had any systematic programs of exploration and remains substantially untested. Historical drilling has identified a series of highly prospective targets across the Barrelmaker Project . In order to develop a better understanding of these targets, a program of field work that focused on mapping structural controls and regolith characterisation was undertaken. The results of this assessment can now be used to better assess the next phase of exploration at each of these targets. Ongoing programs of exploration will includes Integration and modelling of this new high-quality airborne magnetic and geochemical survey data. Integration of the recently collected structural data into the current target pipeline. Generation of new targets utilising these new high-quality data sets. Programs of soil sampling. The priority area will be across the Youno Fault. In-fill airborne magnetic surveying to provide full coverage of high-quality, detailed data. Planning of next stage programs of exploration. New Risk • Jan 09
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$3.2m free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 12% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$8.70m market cap, or US$5.39m). Minor Risk Shareholders have been diluted in the past year (16% increase in shares outstanding). New Risk • Nov 25
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$3.2m free cash flow). Earnings have declined by 12% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$11.1m market cap, or US$7.20m). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (19% increase in shares outstanding). Tillkännagivande • Oct 28
Gateway Mining Limited, Annual General Meeting, Nov 28, 2024 Gateway Mining Limited, Annual General Meeting, Nov 28, 2024. Location: at dexus place perth, level 16, 240 st georges terrace, perth wa 6000. Australia New Risk • Sep 29
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 14% per year over the past 5 years. Revenue is less than US$1m (AU$39k revenue, or US$27k). Market cap is less than US$10m (AU$9.49m market cap, or US$6.55m). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (48% increase in shares outstanding). New Risk • Mar 14
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$3.7m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$3.7m free cash flow). Earnings have declined by 14% per year over the past 5 years. Revenue is less than US$1m (AU$45k revenue, or US$30k). Market cap is less than US$10m (AU$9.67m market cap, or US$6.40m). Minor Risks Share price has been volatile over the past 3 months (17% average weekly change). Shareholders have been diluted in the past year (30% increase in shares outstanding). New Risk • Nov 29
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 16% per year over the past 5 years. Revenue is less than US$1m (AU$43k revenue, or US$28k). Market cap is less than US$10m (AU$6.96m market cap, or US$4.61m). Minor Risk Shareholders have been diluted in the past year (47% increase in shares outstanding). Tillkännagivande • Nov 02
Gateway Mining Limited has filed a Follow-on Equity Offering in the amount of AUD 1.547878 million. Gateway Mining Limited has filed a Follow-on Equity Offering in the amount of AUD 1.547878 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 70,358,083
Price\Range: AUD 0.022
Discount Per Security: AUD 0.00132
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Tillkännagivande • Oct 28
Gateway Mining Limited, Annual General Meeting, Nov 29, 2023 Gateway Mining Limited, Annual General Meeting, Nov 29, 2023, at 12:00 W. Australia Standard Time. Location: Automic Group, Level 5 191 St Georges Terrace Perth Western Australia Australia Agenda: To consider the Financial Reports of the Company for the financial year ended 30 June 2023, together with the declaration of Directors, the Remuneration Report and the Report of the Directors and the Auditor, which relate to the Financial Reports; to consider adoption of the Company's Remuneration Report; to consider issue of Equity Securities up to 10% of the issued capital of the Company; and to consider other matters. New Risk • Sep 30
New major risk - Revenue and earnings growth Earnings have declined by 16% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$5.0m free cash flow). Earnings have declined by 16% per year over the past 5 years. Revenue is less than US$1m (AU$57k revenue, or US$36k). Market cap is less than US$10m (AU$7.72m market cap, or US$4.97m). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (18% increase in shares outstanding). Tillkännagivande • Feb 16
Gateway Mining Limited Announces 2023 Exploration Program Commences at Montague Gold Project Gateway Mining Limited announced that exploration staff have mobilized to the 526,000oz Montague Gold Project, located in the Murchison Gold District of Western Australia, for the commencement of the company's 2023 exploration program. This program is aimed at delivering step-change discoveries across the Montague Project, as outlined in the ASX Release dated 25 January 2023, comprising three main components: Continued exploration for new shallow oxide deposits within 5km of the existing Mineral Resources. Exploration of large-scale targets already identified by work completed to date, including the depth extensions of known mineralised structures; and Identification of highly prospective un-explored targets within the broader Project tenure. Initial field programs planned for the March Quarter of 2023 include a Reverse Circulation drill program targeting the delineation of further shallow oxide-zone hosted gold below the historical Caledonian open pit, as well as a major soil geochemical sampling program across broad areas of the Montague North target area. In late 2022, exploration completed below the historical Caledonian open pit intersected Montague-Boulder style mineralisation at depth below the transitional depletion zone. This structure is completely open for over 1km, and has only been tested to date by two holes, which returned 2: GRC1005: 13m @ 1.4g/t Au from 101m, including 2m @ 6.4g/t Au. GRC912: 18m @ 0.5g/t Au from 106m. The Montague North target area lies along strike from Gateway's existing Mineral Resources and along with several other existing deposits, this host structure has a combined current endowment of over 1Moz Au. However, broad areas of this mineralised structural trend north of the Montague Granodiorite is under transported cover and remains largely unexplored by modern exploration methods. Several exciting historical intersections along this major mineralised trend remain to be followed-up, including: TTR0944: 4m @ 10g/t Au from 32m (EOH intercept). TTRC439: 12m @ 1.0g/t Au from 76m. As an initial step in the exploration of this new target area, a broad soil geochemical sampling program will be completed, covering over 20km of strike along the highly prospective Tokay Shear Zone. This first-pass sampling program will be used to identify prospective targets along this extensive structure that can be investigated via scout drilling programs during the June Quarter of 2023. Tillkännagivande • Feb 09
DiscovEx Resources Limited and Gateway Mining Limited Announce Assay Results from Spartan Prospect DiscovEx Resources Limited announced that all composite assay results have been returned from a total of 188 AC holes completed at the Spartan Prospect, part of an 80:20 joint venture with Gateway Mining Limited The first pass reconnaissance drilling was completed in two phases, consisting of 37 holes within phase one and 151 holes in phase two. Both phases were designed to test down to the fresh bedrock interface beneath and along strike of a 1.3km long +50ppb gold in soil anomaly. Single metre re-splits have also been received from anomalous (>0.1g/t Au) composite samples taken as part of phase one drilling. Results have confirmed bedrock gold mineralisation has been intersected with significant results of 4m at1.24g/t Au from 82m, including 1m at 3.42g/t Au from 82m (SPAC016), 1m at 1.35g/t Au from 62m (SPAC128) and 1m at 1.06g/t Au from 74m (SPAC026). The elevated bedrock results have highlighted three high priority target areas including two coherent structural zones of anomalous (>0.1g/t Au) bedrock gold defined over strike lengths of approximately 650m. Together with the bedrock mineralisation, significant gold has also been intersected within transported overburden with best results of 8m at 1.64g/t Au from 29m including 4m at 2.82g/t Au from 32m (SPAC017). The relationship between the significant accumulation of gold in transported cover and the bedrock gold at Spartan has not yet been resolved, however the identification of gold within sheared, altered bedrock is encouraging and provides targets for further follow up. Confirmation of the extensive and significant accumulation of near surface gold at Spartan and the bedrock mineralisation beneath it highlights the broader prospectivity of the project area. Aircore Drilling: A total of 188 aircore holes (both phase 1 and phase 2) were completed at the Spartan Prospect, for a total of 12,906m with drilling aimed at testing beneath and adjacent to the footprint of a high priority surface gold anomaly. Drilling was completed on 200m spaced lines, traversing the original soil anomaly on 100m and 50m centres to ensure sufficient coverage was achieved. Additional holes were also completed between the Spartan anomaly and the Falcon and Hercules anomalies to test a paleo-topographic high modelled from drill information. Significant bedrock and transported intersections (>0.1g/t Au). Weathered bedrock mineralisation:1m at 3.42g/t Au from 82m within 4m at1.24g/t Au from 82m (SPAC016); 1m at 1.35g/t Au from 62m - EOH (SPAC128), 1m at 1.06g/t Au from 74m (SPAC026), 1m at 0.63g/t Au from 83m - EOH within 4m at 0.42g/t Au from 80m (SPAC150), 2m at 0.24g/t Au from 60m - EOH (SPAC042), 9m at 0.18g/t Au from 60m - EOH (SPAC130), 4m at 0.11g/t Au from 72m (SPAC096). Transported mineralisation:1m at 4.82g/t Au from 35m within 8m at 1.64g/t Au from 29m (SPAC017), 1m at 2.00g/t Au from 32m within 6m at 1.24g/t Au from 29m (SPAC029), 4m at 0.94g/t Au from 32m within 8m at 0.58g/t Au from 28m (SPAC135), 4m at 0.75g/t Au from 28m (SPAC136), 4m at 0.24g/t Au from 24m (SPAC057), 4m at 0.18g/t Au from 36m (SPAC077), 4m at 0.20g/t Au from 28m (SPAC094). 4m at 0.12g/t Au from 40m (SPAC134). TARGETS: Spartan West and East: These two target areas are located beneath the original Spartan soil anomaly, and both have been defined over strike lengths of approximately 650m. The western trend (oriented north-west) is centred on an amphibolite unit with significant intersections returned including 1m at 1.35g/t Au (SPAC128) and 9m at 0.18g/t Au (SPAC130). Both intersections were anomalous to the end of hole, sheared and are spatially associated with an interpreted fold closure of the amphibolite. This unit also has an elevated copper association up to 0.13% Cu. The geological and structural complexity of the target area is encouraging and given the mineralisation is present close to the fresh rock interface, suggests this has a higher potential of being proximal to a primary source rather than being supergene related. Tillkännagivande • Jan 25
Gateway Mining Limited to Target Step-Change Discoveries Across the Montague Project in New Exploration Push Gateway Mining Limited announced to focus exploration in 2023 with a view to accelerating growth in its under-explored 526,000oz Montague Gold Project in Western Australia by making step-change discoveries. A major Project-wide structural and geochemical compilation and targeting study underway utilising consultants Model Earth Pty Ltd. This study is geared towards understanding key controls and relationships between the existing deposits, as well as making major new discoveries across the 1,000km2 tenement package. Deeper exploration will target prospective zones below existing Mineral Resources, with geophysical seismic surveys to be used to focus deep diamond drilling. New targets to be generated in highly prospective, under-explored regions of the Project, where untested historic gold intersections include: TTR0944: 4m @ 10g/t Au from 32m - Montague North; TTRC439: 12m @ 1.0g/t Au from 76m - Montague North; 3660/1472: 11m @ 4.5g/t Au from 58m - Montague West; GRB660: 22m @ 2.3g/t Au from 61m - Montague West; GRB619: 13m @ 2.2g/t Au from 50m - Montague West; 3660/1488: 9m @ 2.0g/t Au from 21m - Montague West; WRC04: 23m @ 1.0g/t Au from 41m - Montague West. Exploration activities for 2023 to include: Continued exploration for shallow oxide zone deposits, including follow-up on recent RC drilling at Caledonian and Achilles East. Commissioning a 16 line-km seismic survey to enable understanding of key mineralised structures below current deposits and allow for targeting of deep diamond drilling. Undertaking large-scale geochemical and scout drilling programs to test new targets generated on the broader tenement package. Both the remnant Resources around the historic pits and the new discoveries show that the Montague Gold Project is part of a major gold mineralised system with significant potential for growth. The work undertaken by Gateway to date has been instrumental in understanding the geological controls on the mineralisation present within the historic pits, and the application of that knowledge in exploring for new deposits. On the back of this success, the Company is embarking on an ambitious exploration strategy in 2023 to evaluate the full potential of the 1,000km2 tenure that comprises the Montague Gold Project. This strategy will comprise three main components: Continued exploration for new shallow oxide deposits within 5km of the existing Mineral Resources. Exploration of large-scale targets already identified by work completed to date, including the depth extensions of known mineralised structures; and Identification of highly prospective un-explored targets within the broader Project tenure. Gateway's exploration process to date has been highly successful, with several new discoveries made in the 5km radius around historic open pit mining activities and the delineation of 526,000oz Au in Mineral Resources. These activities have demonstrated the large gold system that exists around the Montague Granodiorite. Work during 2023 will continue to build on this knowledge, with a view to making further shallow oxide discoveries within this 5km radius, and will be crucial in building a critical mass of shallow, oxide zone Mineral Resources in excess of 800,000ozs to allow for evaluation of the economic potential for the Project. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Additional Independent Non-Executive Director Peter Lester was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Oct 24
Gateway Mining Limited Reports Significant Assay Results from Recent Reverse Circulation Drilling Along Strike and Adjacent to the 99,000 oz Indicated and Inferred Achilles Deposit Gateway Mining Limited reported significant assay results from recent Reverse Circulation (RC) drilling along strike and adjacent to the 99,000oz Indicated and Inferred Achilles deposit, part of the 526,000oz Montague Gold Project in the Murchison Region of Western Australia. The RC drilling at Achilles formed part of a larger overall program recently undertaken to test strike extensions to several of Gateway's existing deposits. A total of 27 holes for 2,754m of drilling were completed at Achilles, with holes designed to test the strike extensions of the current Resource to the north, as well as test the area to the east and south-east where historical RC, Rotary Air Blast (RAB) and recent air-core drilling has indicated the presence of widespread shallow mineralisation. The current Mineral Resource at Achilles consists of shallow oxide zone mineralisation largely located along strike to the north of the historical Rosie open pit, mined by Herald Resources in 1993. The Achilles mineralisation is controlled by an east-dipping sheared contact between a mafic dolerite and the Montague Granodiorite unit. Thick zones of gold mineralisation, thought to be hosted by swarms of thin quartz veins within the granodiorite unit immediately east of this shear zone, were intersected in historical RC drilling, with previously reported results of: WRC012: 147m @ 0.4g/t Au from 21m. AGRC001: 120m @ 0.4g/t Au from 80m. WRC011: 47m @ 0.7g/t Au from 76m. Drilling of holes to the east and south-east of the current Resource has continued to intersect this broad zone of granodiorite-hosted gold mineralisation over a strike length of 600m. Significant widths of moderate-grade mineralisation were intersected, with localised zones of high-grades within. Significant intersections include: GRC945: 12m @ 5.6g/t Au from 56m. GRC941: 18m @ 2.0g/t Au from 31m within a broader 30m @ 1.3g/t Au from 31m. GRC931 14m @ 1.6g/t Au from 68m within a broader 63m @ 0.6g/t Au from 21m. GRC929: 22m @ 1.0g/t Au from 115m within a broader 54m @ 0.5g/t from 112m. GRC933: 44m @ 0.4g/t Au from 18m. GRC934: 48m @ 0.4g/t Au from 16m. GRC938: 60m @ 0.3g/t Au from 18m. These results, combined with the historically reported intersections above, highlight a significant mineralised system within the western margin of the Montague Granodiorite. This zone corresponds to a clear magnetic depletion in aeromagnetic surveys, potentially indicating a major alteration zone that extends for over 4km. This presents as a clear, high priority exploration target, with the Company's geologists investigating suitable techniques for identifying the controls on higher-grade mineralisation within this major system. In addition, a single fence of three RC holes was drilled north of the current Achilles Mineral Resource, testing for continuation of near-surface oxide mineralisation along strike. These holes were successful in intersecting the same style of mineralisation as that present in the Achilles Resource. Significant intersections include: GRC924: 9m @ 1.0g/t Au from 9m; and 3m @ 1.1g/t Au from 39m; and 7m @ 2.2g/t Au from 59m. GRC923: 6m @ 1.0g/t Au from 14m; and 7m @ 1.0g/t Au from 24m. All results from this Achilles RC program have highlighted the immense potential of this highly mineralised corridor within the Montague Project. While direct extensions to the existing 99,000oz Indicated and Inferred Resource are evident, the potential to define larger-scale mineralisation along the 4km corridor within the Montague Granodiorite presents an target for future exploration. Tillkännagivande • Oct 13
Gateway Mining Limited, Annual General Meeting, Nov 23, 2022 Gateway Mining Limited, Annual General Meeting, Nov 23, 2022, at 13:00 W. Australia Standard Time. Location: Automic Group, Level 5, 191 St Georges Terrace, Perth WA 6000 Australia. Perth Australia Agenda: To receive and consider the Financial Reports of the Company for the financial year ended 30 June 2022, together with the declaration of Directors, the Remuneration Report and the Report of the Directors and the Auditor, which relate to the Financial Reports; to consider ADOPTION OF REMUNERATION REPORT; to consider ELECTION OF DIRECTOR. Tillkännagivande • Oct 10
Gateway Mining Limited Announces Shallow Gold Hits of Up to 8.7g/t Highlight Extensions to Cornerstone Montague-Boulder Deposit Gateway Mining Limited report several shallow high-grade results from recent Reverse Circulation (RC) drilling around the cornerstone 163,000oz Montague-Boulder deposit, within its 100%-owned 526,000oz1 Montague Gold Project in the Murchison Region of Western Australia. RC drilling at Montague-Boulder was part of a larger overall program completed recently to test strike extensions to several of Gateway's existing deposits. Mining at the Montague-Boulder deposit was carried out by Herald Resources between 1988-1993, and subsequent exploration by Gateway has defined a current Indicated and Inferred Mineral Resource totaling 163,000oz, both down-dip of historic mining, as well as along strike. The most recent round of RC drilling at Montague-Boulder was carried out to test for extensions to the existing Mineral Resource within the granodiorite unit. Drilling tested the extension to the north and east of the Resource along strike, as well as the continuation of mineralisation below the historic Montague-Boulder open pit. A total of nine holes for 1,266m of RC drilling was completed on various drill sections around the current Mineral Resource. This flat-lying zone primary mineralisation within the granodiorite was never tested prior to mining of the Montague-Boulder open pit, and is therefore still in situ immediately below the historic workings. It is interpreted that this mineralised structure within the granodiorite is the extension of a lower, high-grade shear intersected in resource drilling within the western mafic unit. The previously untested nature of this zone within the granodiorite presents an exciting exploration target for the addition of significant primary mineralisation within the footprint of the current Mineral Resource. Further RC and potentially diamond drilling will be planned to continue unlocking this new zone. Tillkännagivande • Sep 27
Gateway Mining Limited Reports an Initial Mineral Resource Estimate (MRE) for the Julias Deposit Gateway Mining Limited reported an initial Mineral Resource Estimate (MRE) for the Julias deposit, a recent discovery made within its newly-renamed Montague Gold Project, located in the Northern Murchison Goldfields of Western Australia. The Julias deposit was discovered as part of the strategy that Gateway implemented to identify, drill-out and add resource ounces from new deposits within the Montague Project. This is the first of pipeline of targets which is supported by exploration of the controlling Montague granodiorite feature. The addition of the Julias Mineral Resource brings the Global Mineral Resources for the Montague Gold Project over the key milestone of half a million ounces to 526,000oz Au. The Julias MRE comprises a total of 1,908,000t @ 1.3g/t Au for 77,000oz (Indicated and Inferred). This MRE is the culmination of the past 12 months of drilling at Julias by Gateway, which deliberately targeted the mineralisation contained within the oxide zone. These additional 77,000oz have been added at a direct exploration cost of $9/oz, highlighting the attractive return from the discovery of near-surface oxide zone mineralisation, for which the Montague Gold Project is still considered to have excellent potential. Importantly, the initial Julias MRE is located over 500m of strike defined by recent RC drilling activity. Tillkännagivande • Aug 18
Gateway Mining Limited Reports Outstanding New High-Grade Assay Results from In-Fill Reverse Circulation (RC) Drilling Completed At Its Emerging Julias Oxide Gold Deposit, Within the 449,000oz1 Gidgee Gold Project in the Murchison Region of Western Australia Gateway Mining Limited reported outstanding new high-grade assay results from in-fill Reverse Circulation (RC) drilling completed at its emerging Julias oxide gold deposit, within the 449,000oz1 Gidgee Gold Project in the Murchison Region of Western Australia. RC drilling was carried out to provide regular data coverage across the 500m of strike length at the main Julias oxide zone. A total of 46 holes for 4,203m of RC drilling were completed over the Julias discovery, primarily targeting oxide mineralization within the top 70m. Holes were designed to in-fill existing RC drilling to a nominal 25m x 25m drill pattern. At Julias, high-grade supergene mineralization is contained in a heavily weathered sedimentary and felsic volcanic rock sequence, associated with a moderately west dipping gossanous quartz-breccia fault zone. The high-grade mineralization is present at shallow depths, as shown in the schematic cross-section. The oxide mineralization is geometrically consistent and can be traced through the entire 500m of strike. Within the fresh rock, this fault zone presents as massive sulphide with quartz veining, however, grade tenor is reduced and has not been pursued with this RC drill program. Importantly, shallow intersections returned in holes GRC781 (4m @ 6.1g/t Au from 30m), GRC795 (7m @ 2.8g/t Au from 36m) and GRC809 (4m @ 2.4g/t Au from 27m) are completely open up-dip and represent prime targets for future RC drilling to establish a zone of mineralization immediately below surface. All results will be compiled in order to complete a maiden Mineral Resource Estimate for Julias. In addition, previously announced air-core drilling2 demonstrated the continuation of this mineralized zone for a further 700m along strike to the south-west, towards the Flametree target area, with an extensivezone of shallow, oxide-zone intercepts. This south-western extension is yet to be tested by RC drilling, and remains a target for future work. Despite industry-wide delays in assay turnaround times, Gateway has continued to pursue its strategy of exploring for additional mineralization within 5km of its existing 449,000oz Mineral Resources. In line with this, RC drilling has continued on-site. A further 15,000m of RC is planned, primarily targeting extensions to existing Resources at Evermore, Montague-Boulder and Achilles, as well as beneath the historic Caledonian open pit and systematic testing of the eastern margin of the Montague Granodiorite for the first time. This program iscurrently approximately 60% complete. Following completion of the RC program, preparations are underway to undertake a regional air-core program of approximately 16,000m, testing high-priority regional targets from throughout the Gidgee Gold Project. It is anticipated that this targeting will provide additional targets for follow-up drilling in 2023. Tillkännagivande • Jul 19
Gateway Mining Limited Announces Executive Changes Gateway Mining Limited announced the following board changes to oversee the Company's next phase of growth. Highly experienced mining executive Deb Fullarton has been appointed as non-executive Chair of the Company, effective immediately. She will succeed Trent Franklin, who stepped up as non-executive Chair in early 2022 but will now revert back to a non-executive Director role. Ms Fullarton has been a Director of Gateway since 2018 and was most recently CEO of Westgold Resources Ltd, a leading Australian mid-tier gold miner that produces over 270,000oz from several operations in the Murchison Region of WA. In addition, Gateway announced the appointment of highly regarded mining executive Mr. Peter Lester as a non-executive Director. Mr. Lester is a mining engineer with over 40 years' experience, including in operational and senior corporate roles with major Australian mining companies Newcrest Mining Ltd, Oxiana/Oz Ltd. and Citadel Resources Group Ltd. Mr. Lester was non-executive Chairman of Doray Minerals Ltd, and is currently non-executive Chairman of Helix Resources Ltd. These board changes will result in the introduction of additional operational, project development, corporate and M&A experience at board level, complementing existing board skill sets and enhancing the Gateway senior leadership team. Following this announcement, the structure of the Board, its officers and executives will be as follows: Debra Fullarton Non-Executive Chairman; Mark Cossom Managing Director; Trent Franklin Non-Executive Director; Scott Brown Non-Executive Director; Peter Lester Non-Executive Director. Tillkännagivande • Jul 18
Gateway Mining Limited Appoints Peter Lester as Director Gateway Mining Limited announced that Peter Lester has appointed as Director. Date of appointment: 18 July 2022. Tillkännagivande • Jun 07
Gateway Mining Limited Reports Significant Shallow Gold Intercepts from Recent Air-Core Drilling Completed Adjacent to the Achilles/Airport Deposit at its 449,000oz2 Gidgee Gold Project Gateway Mining Limited reported significant shallow gold intercepts from recent air-core drilling completed adjacent to the Achilles/Airport deposit at its 449,000oz2 Gidgee Gold Project, located in the Murchison Region of Western Australia. A total of 19 holes for 1,026m of air-core drilling were completed around the margins of previously identified near-surface, oxide gold mineralisation hosted within the Montague Granodiorite at Achilles/Airport. The existing 99,000oz Indicated and Inferred Mineral Resource at Achilles/Airport was defined by Gateway in December 2021 and consists of a zone of mainly oxide-hosted gold mineralisation that extends almost to surface, largely related to the western margin of the Montague Granodiorite unit, directly along strike of the historic Rosie open pit. Within the existing Mineral Resource, a significant zone of flat-lying, oxide gold mineralisation has previously bererdentified within the granodiorite unit east of the main contact zone, with several prospective areas stillopen outside of the existing Resource. This current air-core program was designed to test the persistence ofoxide mineralisation within these open areas. This drilling has been highly successful, with shallow intercepts returned outside of the Mineral Resource of: GWAC1198: 4m @ 14.0g/t Au from 32m; GWAC1197: 4m @ 4.4g/t Au from 44m; GWAC1186: 8m @ 1.6g/t Au from 28m; GWAC1182: 8m @ 1.4g/t Au from 28m; GWAC1183: 4m @ 1.8g/t Au from 24m; GWAC1188: 3m @ 1.0g/t Au from 52m (hole ended in mineralisation); GWAC1181: 4m @ 0.8g/t Au from 36m. As illustrated by these intersections, mineralisation is located within 50m of surface. Historic drilling by Gateway has highlighted the extensive nature of this oxide zone of supergene gold mineralisation at the extended Achilles target area: The majority of historic drilling in this extended Achilles area has been completed using RAB techniques. Whilenot applicable for use in Mineral Resource estimation, these RAB results do highlight the opportunity in thisarea. These newly announced air-core results, coupled with historic drill data, will be used to refine targeting forthe next phase of RC drilling aimed at defining further Mineral Resources between the existing Achilles andAirport deposits. Tillkännagivande • May 23
Gateway Mining Limited Reports Highly Encouraging Initial Assay Results from Air-Core Drilling Completed in March 2022 at Its 449,000Oz1 Gidgee Gold Project Located in the Murchison Region of Western Australia Gateway Mining Limited report highly encouraging initial assay results from air-core drilling completed in March 2022 at its 449,000oz1 Gidgee Gold Project located in the Murchison Region of Western Australia. Results have been received from drilling carried out south along strike from the exciting Julias oxide gold target area, as well as the adjacent historic Flametree oxide gold target. A total of 42 holes for 3,226m of air-core were drilled along the Julias South trend, and 34 holes for 2,833m of air-core were drilled at the Flametree target area. At Julias, mineralisation is contained in a heavily weathered sedimentary rock sequence, associated with a moderately dipping gossanous quartz-breccia fault zone. The mineralisation is present at shallow depths, as shown in the schematic cross-section. The prospective horizon is visually distinct and has been successfully traced for over 1.2km and is open to the north-west. Following on from this successful air-core program and confirmation of the orientation and grade distribution of oxide gold mineralisation at Julias South, a program of RC drilling will be planned to assess the potential for delineation of a shallow oxide gold Mineral Resource. Mineralisation is encountered in several horizons within the heavily oxidised profile at Flametree. Air-core drilling in this current program was aimed at confirming the orientation of mineralisation with respect to the Julias trend, as the existing drill coverage has been completed in a variety of orientations. The intersection in GWAC1056 (3m @ 5.4g/t Au) was returned directly along strike from GWAC0267 (5m @ 10.4g/t Au) in the same orientation as the Julias South trend. Preparations are underway for a major RC drill campaign across the primary target areas within 5km of the existing Mineral Resources at Gidgee. Drill programs will initially focus on extensions of existing Resources at Evermore, Montague-Boulder and Achilles, as well as systematic testing of the eastern margin of the Montague Granodiorite for the first time. It is anticipated that further drilling will be planned to follow-up on recently completed programs, as the assay data comes to hand. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Director Debbie Fullarton was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Mar 02
Non-Executive Chairman recently bought AU$60k worth of stock On the 25th of February, Trent Franklin bought around 5m shares on-market at roughly AU$0.012 per share. In the last 3 months, they made an even bigger purchase worth AU$232k. Trent has been a buyer over the last 12 months, purchasing a net total of AU$392k worth in shares. Tillkännagivande • Jan 27
Gateway Mining Limited Reports Intercepts from Reverse Circulation Drilling at the Julias Target Area, Within its 1,000Km Gidgee Gold Project Gateway Mining Limited to report a series of significant shallow high-grade intercepts from Reverse Circulation (RC) drilling completed late last year at the Julias target area, within its 1,000km2 Gidgee Gold Project in the Murchison Region of Western Australia. The results have confirmed the presence of a consistent oxide gold zone over a 500m strike length at Julias which remains completely open to the north and south, significantly elevating this area as a priority focus for follow-up drilling scheduled to commence early next month. Julias and the neighbouring Flametree target to the south is emerging as a significant shallow, oxide gold zone located immediately to the west of the Montague-Boulder and Evermore Mineral Resources. Significant shallow mineralisation at Julias has now been intersected in both RC and air-core drilling over a strike length of 1.2km and remains open to the north-east. Drilling at Julias is a key plank in Gateway's strategy of discovering new gold deposits within 5km of its existing 449,000oz Mineral Resources at Gidgee. KEY POINTS: An 11-hole (891m) drilling program was designed to follow-up on recent air-core drilling at Julias, with holes drilled on selected 50m and 25m spaced sections to in-fill and confirm the extents of mineralization previously intersected. Thick zones of consistently high-grade mineralisation were returned from shallow depths. Significant results include: GRC762: 11m @ 2.6g/t Au from 24m; GRC763: 10m @ 3.0g/t Au from 38m, and 12m @ 2.4g/t Au from 60m; GRC761: 9m @ 3.5g/t Au from 67m; GRC758: 9m @ 3.4g/t Au from 55m. This program focused on the core 500m strike of the Julias target identified through historic Gateway drilling. Importantly, the intersection in hole GRC758 (9m @ 3.4g/t Au from 55m) has demonstrated that mineralisation is open to the north. Historic exploration to the north was impeded by the presence of a tenement boundary that no longer exists, with the entire strike extent now owned by Gateway. This strike extension corridor forms an exciting extensional target for upcoming air-core drilling. The mineralisation intersected consists of largely supergene related gold, formed within the oxide weathered zone. Mineralisation is located on a sheared contact between sedimentary siltstones and overlying volcanic-derived sediments. Mineralisation is concurrent with the development of an extensive gossanous zone, related to weathered pyrite within the primary shear structure. Air-core drilling by Gateway during the second half of 2021 identified the continuation of mineralisation to the south for over 800m towards the neighbouring Flametree target, with significant results including: GWAC0965: 24m @ 1.4g/t Au from 16m; GWAC0961: 8m @ 1.3g/t Au from 32m; GWAC0957: 4m @ 1.4g/t Au from 16m. Air-core drilling by Gateway at Flametree in 2020 returned significant zones of shallow high-grade mineralisation, with significant results including: GWAC0267: 5m @ 10.4g/t Au from 52m; GWAC0256: 4m @ 3.8g/t Au from 20m; GWAC0257: 9m @ 1.1g/t Au from 17m; GWAC0247: 5m @ 3.8g/t Au from 23m; GWAC0246: 3m @ 3.5g/t Au from 44m. This corridor now forms a high-priority target for systematic drilling in early 2022. An extensive air-core drill program will commence early February 2022 to continue to explore the strike extents of mineralisation to the north and south, with a systematic RC program to follow in order to complete a regularised drill pattern over the core Julias target area. Tillkännagivande • Jan 25
Gateway Mining Limited Announces Composite Assay Results Returns from Aircore Drilling Completed At the Octavia Prospect Gateway Mining Limited announced that composite assay results have been returned from aircore drilling completed at the Octavia Prospect, located approximately 250km north-east of Kalgoorlie, Western Australia. Drilling results include several +0.5g/t Au intersections, spatially associated with the highly mineralized Celia Shear, which is host to the recent Gibb River Diamonds Neta gold discovery. Results show a coherent supergene anomaly and provides encouragement that this structure remains prospective for significant gold mineralization at depth. Additionally, encouraging results have been received from a regional soil sampling program that was completed at the Hornet East and Jaguar Prospects. Octavia Prospect - Aircore Drilling: Assay results from the recently completed aircore drilling program at the Octavia Prospect have now been returned, with broad low-level gold mineralisation identified in multiple holes within the 2.5km long target zone. A total of 49 aircore drillholes for 4,403m was completed in November 2021 with initial 4m composite results now returned. All holes were drilled to the south-west and completed on 200 x 80m centres. Drilling was centred on the continuation of the Celia Shear north-west of the recent Neta Lode discovery (ASX:GIB), as the structure intersects an interpreted fold hinge in the local geology. A ~2.5km long zone of this structural trend remained untested by drilling and was the focus of the drill program. Historic intersections within the DiscovEx tenement that are coincident with the location of the shear zone returned significant intersections of 5m @ 3.3g/t Au from 68m (HGRC001) and 2m @ 6.6g/t Au from 60m (CEJRB065). Within this latest round of drilling, numerous elevated gold results were returned sub-parallel to the regional trend of the Celia Shear. Mineralisation generally occurred as a supergene blanket close to the base of complete oxidation with best intersections of 20m @ 0.48g/t Au from 52m including 8m @ 0.87g/t Au (EDAC077), 16m @ 0.37g/t Au from 80m including 4m @ 1.03g/t Au (EDAC077) and 24m @ 0.18g/t Au from 52m including 4m @ 0.49g/t Au (EDAC115). The broad, low-level and flat lying supergene blanket suggests the gold is being generated by a deeper primary source that has not been intersected by the drilling. This primary source is potentially higher grade however is likely to be at depths greater than 100m. Drilling intersected predominantly mafic schist and andesite lithologies with minor interbedded shale and banded iron formations. Quartz veining occurred throughout the sequence, often coincident with geological boundaries. Elevated pyrite (up to 3%) was noted within those holes drilled on the north-eastern edge of the tenement. Lithologies are interpreted as dipping at ~60o to the north-east. Soil Sampling - Hornet East and Jaguar Prospects: A regional soil sampling program was completed in late 2021 consisting of 759 samples on 100 x 200m and 100 x 400m spaced patterns. The program was designed to target extensions to soil anomalies generated from previous programs at both the Hornet East and Jaguar Prospects (located approximately 30km east of Octavia). Samples were sieved to -177um prior to being analysed for Au and a suite of multi-elements. Results at the Hornet East Prospect show a continuous +10ppb gold anomaly, open to the south and with significant single results of 0.14g/t Au (SNS09559) and 0.10g/t Au (SNS09573). The current anomaly has been defined across multiple sample lines (both recent and historic) and extends for approximately 1.2km. Results at the Jaguar Prospect located approximately 5km to the south-west of Hornet East, also show multiple +10ppb gold trends that remain open to the south. Anomalies are more discrete than those observed at Hornet East however are very significant given lack of exploration that has been completed in the area. Further sampling is required to follow-up anomalies generated at both Hornet East and Jaguar and will begin within the first quarter of 2022. Tillkännagivande • Jan 18
Gateway Mining Limited Intersects Significant Bedrock Gold Mineralisation in Initial Wide-Spaced Reverse Circulation Drilling at the Kashmir Target Gateway Mining Limited announced that it has intersected significant bedrock gold mineralisation in initial wide-spaced Reverse Circulation (RC) drilling at the Kashmir target, part of its 1,000km Gidgee Gold Project in the Murchison District of Western Australia. Kashmir is a large (+2.5km) gold anomaly generated from soil sampling directly along strike from Horizon Gold Ltd.'s 204,000oz Howards Deposit. Importantly, Kashmir is located on the largely unexplored +8km eastern margin of the Montague Granodiorite and indicates the broader exploration potential of this margin. Kashmir is a key target which forms part of Gateways exploration pipeline within 5km of its existing Mineral Resources. An 8-hole (398m) drilling program was designed to systematically test the southern extents of the Kashmir gold-in-soil anomaly, directly along strike from the Howards Deposit, with three 100m spaced sections completed. An additional 10 holes (751m) were drilled in a single traverse approximately 1.5km to the north to test a geophysical target along the eastern contact of the Montague Granodiorite. Howards is a large, unmined Mineral Resource that extends to surface immediately to the south of Gateway's Gidgee Project tenure, with a current JORC (2012) Mineral Resource Estimate of 5.97Mt @ 1.1g/t for 204,000oz4. This program has built on wide-spaced, first-pass RC drilling conducted previously by Gateway which demonstrated the potential for shallow mineralisation over at least 2.5km strike. Significant results include: GRC764: 24m @ 0.7g/t Au from 24m, including 15m @ 1.0g/t Au from 31m. GRC766: 27m @ 0.7g/t Au from 19m, including 5m @ 1.7g/t Au from 36m. GRC770: 3m @ 3.2g/t Au from 7m. GRC769: 14m @ 0.5g/t Au from 16m. GRC520: 2m @ 7.9g/t Au from 3m5. GRC524: 1m @ 8.8g/t Au from 59m6. Drilling on all three sections intersected thick zones of gold mineralisation in a major steeply-dipping zone located within the eastern basalt sequence of the Montague Granodiorite dome. The structure corresponds to a discrete magnetic anomaly that is continuous from the Howards deposit immediately along strike to the south. The mineralisation is interpreted to extend to the near surface beneath a thin layer of transported cover. Importantly, this drilling also highlights the persistence of shallow mineralisation along the eastern contact of the Montague Granodiorite, north of the Howards deposit. This eastern margin has largely been ignored by historic exploration activities, although historic underground workings at Yale Lock, a further 3km to the north, indicate the extensive strike of prospective margin to be explored within Gateway's tenure. Further RC drilling is planned for Kashmir as part of the extensive exploration drilling program planned to commence at Gidgee in late January/early February 2022. Drilling will continue to test the Kashmir structure north from these current results, as well as evaluate potential depth extensions to the mineralisation. Tillkännagivande • Dec 23
Gateway Mining Limited Provides Update on RC Drilling at the Evermore Deposit Gateway Mining Limited announced that shallow Reverse Circulation (RC) drilling at the Evermore deposit, part of its 1,000km2 Gidgee Gold Project in the Murchison District of Western Australia, has confirmed strong potential to further increase the recently announced 67,000oz Au maiden Inferred Mineral Resource Estimate. The drilling program was undertaken in September to test the northern and north-eastern extents of the Evermore deposit, which was discovered by Gateway in 2020. The drilling focused both on extending the main host shear at Evermore to the north, as well as testing for extensions around the "nose" of the Montague Granodiorite towards the Whistler deposit (120,000oz Inferred Resource) to the east. Results from both areas returned strong gold mineralisation, particularly to the north-east along the margins of the granodiorite where a broad intercept of 21m @ 1.7g/t Au from 132m was returned from hole GRC717. The drill program comprised a total of six holes for 770m of RC drilling completed on two separate drill sections. One section was drilled on a north-south orientation and was designed to test the "nose" of the granodiorite dome between Evermore and Whistler. The second, orientated east-west, was drilled to step-out 50m north of the previous extents of drilling to test the main moderately-dipping shear structure at Evermore. The Evermore deposit was discovered by Gateway in 2020 by systematically drill-testing the north-western margin of the Montague Granodiorite dome between the 163,000oz Indicated and Inferred Montague-Boulder deposit and the 120,000oz Inferred Whistler deposit. This initial RC drilling, which successfully intersected mineralisation over approximately 1.2km at Evermore, was used to underpin the recently announced maiden 67,000oz Inferred Resource at Evermore, while also indicating that the mineralisation remained open to the north. Preparations are underway for the re-commencement of exploration field activities in early 2022. Field programs have been designed to continue executing Gateway's strategy of systematically testing targets within 5km of the Montague Granodiorite dome and its existing Mineral Resources. A comprehensive drill campaign is scheduled to commence at the beginning of February 2022, which will comprise both RC and air-core programs designed to evaluate the near-term Mineral Resource potential of key targets including: Julias/Flametree - Systematic RC drilling of established shallow oxide mineralisation. Monarch - Maiden RC testing of an exciting 5.8km long gold-in-soil anomaly associated with historical underground workings and outcropping quartz veins of up to 18.7g/t Au6. Kashmir - Follow-up RC drilling of this 2.5km long anomaly immediately north of the 204,000oz Howards deposit owned by Horizon Gold Ltd. Evermore - Additional RC drilling to test the northern and eastern extensions reported in this release, as well as in-fill areas of the Evermore deposit where existing data density is insufficient for estimation of a JORC (2012) Mineral Resource. Julias North-east - Systematic air-core drilling directly along strike of the Julias mineralisation, where no drilling has historically been completed. Monarch South - Comprehensive air-core drilling to evaluate the southern extents of the Monarch system, where transported overburden has made soil sampling ineffective. Recent Insider Transactions • Dec 22
Non-Executive Chairman recently bought AU$232k worth of stock On the 17th of December, Trent Franklin bought around 14m shares on-market at roughly AU$0.017 per share. This was the largest purchase by an insider in the last 3 months. Trent has been a buyer over the last 12 months, purchasing a net total of AU$332k worth in shares. Tillkännagivande • Nov 29
Gateway Mining Limited Updates on Shallow Oxide Zone Extended At Achilles North Gateway Mining Limited reported results from shallow Reverse Circulation (RC) drilling designed to extend coverage of the Achilles North target area at its 1,000km2 Gidgee Gold Project within the Murchison gold district of Western Australia. The new results are from an RC drilling campaign completed in September which was designed to increase the systematic drill coverage of the Achilles North target area, to enable completion of a maiden Mineral Resource Estimate as part of the Company's Project-wide Mineral Resource update scheduled for December 2021. A total of 15 holes for 1,536m of RC drilling were completed on a nominal 50m x 25m drill pattern. Drilling successfully extended the nominal RC grid at Achilles North by a further 200m from previous Gateway RC holes. As a result, shallow oxide mineralisation has now been intersected for over 500m north of the historic Rosie open pit. The Achilles North target is located directly along strike from the historic Rosie open pit mined by Herald Resources Ltd. in the early-1990's. The mineralisation targeted by Gateway predominately consists of shallow oxide mineralisation broadly associated with the sheared margin of the Montague Granodiorite. Mineralisation persists at shallow depths, in places immediately below the thin layer of transported overburden. Several significant shallow intersections were returned, including: GRC733: 11m @ 1.1g/t Au from 2m, and 10m @ 1.2g/t Au from 43m; GRC735: 5m @ 3.0g/t Au from 107m; GRC725: 5m @ 1.2g/t Au from 25m. A full table of significant intersections is included in Table 1 of this release, with details of the drilling provided in the JORC (2012) Table 1 included as an appendix. These results are consistent with those returned from previous drilling campaigns conducted by Gateway between 2018 and 20202, which extended this unmined, near-surface extensions to mineralisation north of the historic open pit. Previously released intersections include: GRC507: 14m @ 1.0g/t Au from 3m, GRC508: 7m @ 2.5g/t Au from 61m, and 6m @ 1.5g/t Au from 45m, GRC501: 4m @ 2.9g/t Au from 64m GRC446: 21m @ 2.1g/t Au from 32m GRC447: 13m @ 3.4g/t Au from 5m GRC430: 11m @ 3.0g/t Au from 32m. Results are still pending for RC drilling conducted in September 2021 in the area adjacent to Achilles North, which included holes designed to test for further extensions to the granodiorite-hosted mineralisation at the Montague- Boulder deposit, and extensions to the north of the Evermore deposit. Work is continuing on the project-wide Mineral Resource update, which includes maiden estimates for Evermore and Achilles North, as well an updated estimate for the Montague-Boulder deposit. Tillkännagivande • Nov 27
Gateway Mining Limited Commences A New Program of Reverse Circulation Drilling at its 100%-Owned Gidgee Gold Project in the Murchison District of WA Gateway Mining Limited (Gateway or Company) has commenced a new program of Reverse Circulation (RC) drilling at its 100%-owned Gidgee Gold Project in the Murchison district of WA. The 2,500m program is designed to follow-up on recently reported high-grade air-core results from the Julias target, as well as to commence systematic testing of the Kashmir target. Testing of this next generation of targets is consistent with Gateway's strategy of systematically advancing prospective areas within 5km of its existing Mineral Resources along the margin of the Montague Granodiorite dome. The program is expected to take approximately two weeks to complete. The results will be critical in advancing this next generation of targets. Assay results are also imminent from the RC program completed in September. This drilling comprised systematic extensional drilling along strike of Achilles North which will be included in the maiden Mineral Resource estimate, as well as holes to test extensions to the mineralisation at the Evermore discovery and the recently identified granodiorite-hosted mineralisation below the Montague-Boulder Mineral Resource. Work is continuing on schedule for the update to the Project-wide Mineral Resources, including updated Mineral Resources for the Montague-Boulder and Whistler deposits, and maiden Resources for the Evermore and Achilles North/Airport deposits. The Mineral Resource update is due to be delivered during December 2021. Tillkännagivande • Oct 08
Gateway Mining Limited Reports Initial Results from the Recently Completed 22,000M Air-Core Drilling Program At Gidgee Gold Project in the Murchison District of WA Gateway Mining Limited reported initial results from the recently completed 22,000m air-core (AC) drilling program at its 100%-owned Gidgee Gold Project in the Murchison district of WA. The results reported in this announcement are from initial drilling to test the Plymouth target, a large gold anomaly located 850m west of and parallel to the key Montague-Boulder to Evermore trend that was defined by fine-fraction soil sampling conducted in 2020. This new prospect has been identified as part of Gateway's strategy of advancing multiple gold targets within 5km of its existing Mineral Resources at Montague Boulder and Whistler. Drilling intersected a wide shear zone within the basalt unit that hosts mineralisation at Montague-Boulder and Evermore and associated volcaniclastic units. The weathered oxide zone at Plymouth averaged approximately 60m below surface, with weathering noticeably deeper over the shear zone, down to depths of over 100m below surface. A coherent anomalous supergene gold "blanket" was intersected, at the base of the saprolite zone within the weathering profile. The saprolite anomaly was intersected over a 2km strike length and remains open to the south. Several higher-grade intersections were returned, which is highly encouraging for first-pass air-core drilling. These intersections include: GWAC0645:10m @ 0.8g/t Au from 52m, including 4m @ 1.8g/t Au; GWAC0637: 12m @ 0.5g/t Au from 36m, including 4m @ 1.0g/t Au; GWAC0644: 12m @ 0.4g/t Au from 48m; GWAC0647: 6m @ 0.5g/t Au from 48m. In addition, a channel of surficial laterite style mineralisation was intersected across several traverses, correlating to gravels that have been the focus of historic dry blower activities. Significant intersections were returned at surface in several holes, including: GWAC0593: 12m @ 0.6g/t Au from 0m, including 4m @ 1.4g/t Au. A total of 91 holes for 6,888m of AC drilling were completed at Plymouth. Holes were drilled on 800m spaced traverses, with two 200m in-fill traverses included around a series of historic underground workings. Following compilation of these results, Gateway plans to advance the Plymouth target during the next planned air-core campaign in February 2022. Further drilling will be planned to extend coverage to the south and in-fill within the existing anomaly. Recent Insider Transactions • Jul 07
Non-Executive Chairman recently bought AU$80k worth of stock On the 2nd of July, Trent Franklin bought around 4m shares on-market at roughly AU$0.02 per share. This was the largest purchase by an insider in the last 3 months. This was Trent's only on-market trade for the last 12 months. Executive Departure • Jun 02
Executive Chairman Peter Langworthy has left the company On the 25th of May, Peter Langworthy's tenure as Executive Chairman ended after less than a year in the role. As of March 2021, Peter personally held 77.03m shares (AU$770k worth at the time). Peter is the only executive to leave the company over the last 12 months. Tillkännagivande • Jun 01
Gateway Mining Limited Announces Significant New Gold Mineralisation Discovered Between Montague-Boulder and Northeast Pits Gateway Mining Limited reported significant new high-grade assay results from systematic Reverse Circulation (RC) drilling between the historic Montague-Boulder and Northeast open pits, part of its 100%-owned Gidgee Gold Project in Western Australia. The results in holes GRC679 (26m at 2.1g/t Au from 64m including 5m at 7.9g/t Au) and GRC671 (4m at 4.5g/t Au from 32m and 2m at 5.9g/t Au from 11m) appear to be related to a steep-dipping mineralised structure that hosts several historic underground shafts further to the north. This steep-dipping structure is located to the west of the main moderately dipping Montague shear system at the contact of the Montague Granodiorite dome. Meanwhile, the mineralisation intersected in GRC661 (9m at 2.6g/t from 59m) is consistent with the down- dip projection of moderately dipping mineralisation mined in the Northeast open pit. These RC holes were drilled as part of the recently completed RC and diamond drill campaign targeting both the Evermore Prospect, as well as systematic RC testing of the margin of the Montague Granodiorite between the Montague-Boulder Mineral Resource and the historic Northeast open pit. Drilling between Montague-Boulder and the Northeast open pit consisted of a series of nominal 80m spaced sections targeting the southern continuation of the moderately dipping Montague shear zone that hosts the majority of the mineralisation at Montague-Boulder. This strategy is the same as that implemented north of Montague-Boulder, which resulted in the discovery of the Evermore Prospect. Recently released high-grade results from Evermore have also highlighted the importance of steep-dipping controls on mineralisation2. A total of 25 holes for 4,154m of RC drilling were completed between Montague-Boulder and the Northeast pit, as well as one EIS diamond hole for 588.9m. It should be noted that holes GRC680 GRC682 were drilled for stratigraphic purposes within the granodiorite and were not targeting potential mineralisation. Assay results are still pending for seven holes. Tillkännagivande • May 21
Gateway Mining Limited Announces Continuity of High-Grade Mineralisation At Evermore Gateway Mining Limited to report further highly encouraging assay results from Reverse Circulation (RC) drilling at the emerging high-grade Evermore prospect, part of its 100%-owned Gidgee Gold Project in Western Australia. The latest results have confirmed the continuity of the main high-grade zone, while recent drill core observations from diamond drilling have evolved the Company's geological understanding of the Evermore prospect, highlighting the presence of a steeply east-dipping orientation to the high-grade zone. This has opened up a significant opportunity to delineate further high-grade mineralisation at depth by changing the orientation of the drilling. Several RC holes have recently been completed to test this interpretation, with assay results awaited. The drilling was completed as part of a broader RC and diamond drilling program targeting Evermore and other prospective areas of the Northwest Margin target area at Gidgee. The new assay results relate to a further 16 RC holes drilled at Evermore, as part of the overall program of 91 RC holes completed for 14,311m at both the Evermore prospect and the southern continuation of prospective geology between the 120,000oz Montague- Boulder Inferred Mineral Resource (1.7Mt @ 2.2g/t Au)2 and the historic Caledonian NE pit. In addition, a total of six diamond drill-holes for 2,550m were completed at Evermore as well as selected sites for stratigraphic drilling co-funded by the WA State Government Exploration Incentive Scheme (EIS). Drilling of the Evermore RC program commenced in February 2021, as part of a broader RC and diamond drilling campaign along the Northwest Margin of the Montague Granodiorite. Drilling at Evermore was designed with two objectives. The first was to in-fill around the significant high-grade intersections from the 2020 RC campaign within the Lower Zone to confirm the Company's geological understanding of the mineralisation controls. The second was to step-out from these intersections both along strike and down-dip, testing the newly defined layered mafic-ultramafic intrusion along the margin of the Montague Granodiorite. Tillkännagivande • Feb 14
Gateway Mining Limited's Major New Drilling Campaign Underway at Gidgee Gateway Mining Limited advised that its 2021 exploration campaign at the 100%-owned, 1,000km Gidgee Gold Project in Western Australia has commenced with mobilisation of field crews underway ahead of the start of a major new drilling program in the coming days. The company also advised that it has received the final assay results from Reverse Circulation (RC) drilling competed during the second half of 2020 at Gidgee, with RC drilling at the Achilles South prospect intersecting significant primary bedrock gold mineralisation beneath extensive shallow air-core anomalism. Following on from the successful exploration campaign in the second half of 2020, field crews have remobilised to Gidgee for the re-commencement of drilling. Drilling will initially focus on an aggressive follow-up of the mineralisation delineated at the Lower Zone of the Northwest Margin, where three deeper RC holes intersected an intrusive ultramafic unit along the granodiorite margin. Mineralised structures within this ultramafic demonstrated thick, high-grade gold mineralisation over a strike length of 220m, which remains open to the south and north. This geological host for mineralisation has not been previously recognised at Gidgee, and indicates the potential for the mineralisation on the Northwest margin to be part of an extensive geological system. Initially, an RC drill rig will mobilise to site in the coming week, with a planned 15,000m program to test the extents of the Lower Zone, as well as extending the systematic RC coverage south of the Montague-Boulder open pit toward the Caledonian Northeast pit. This systematic RC drilling strategy was instrumental in making the key breakthrough at the Northwest Margin discovery. A diamond drill rig will mobilise shortly after the RC rig, with a planned 3,000m diamond program to test both the deeper potential of the Lower Zone, as well as provide critical geological information on this newly recognized ultramafic intrusive. Additionally, the diamond rig will complete a 4-hole program of stratigraphic drilling around the margin of the Montague Granodiorite Dome, partly funded through a grant from the WA State Government Exploration Incentive Scheme (EIS). Following the completion of the RC and diamond programs, an air-core rig will mobilise to site to complete a 20,000m scout program covering near-surface mineralisation and to test additional geochemical anomalies west of the Northwest Margin target area. Subject to results, it is likely that the RC and diamond programs will be significantly expanded. The company has also received assay results relating to three holes drilled at the Achilles South target area, providing an initial test below extensive air-core anomalism delineated during September 2020. The results have confirmed the presence of significant primary (bedrock) gold mineralisation within sheared granodiorite. The anomaly tested was immediately south of the historically mined Rosie open pit, where air-core drilling indicated mineralisation present contiguous with the interpreted shear-zone that continues south for a further 3.5km to edge of Gateway's tenure. A total of three holes for 360m were drilled on one section to provide an initial test of the effectiveness of the air-core drilling in defining bedrock hosted gold mineralisation. The drilling intersected extensive shearing within the Granodiorite unit below the "blanket" of anomalism defined by air-core drilling. High-grade gold mineralisation was returned from hole GRC628, including: GRC628: 7 metres @ 1.6g/t Au from 50m. While mineralisation is contained within the primary zone of the granodiorite below the weathered saprolite, it is still highly encouraging in only being approximately 45m below surface. This structure also continues north of the Rosie open pit, where it has been followed by Gateway in RC drilling over a strike length of approximately 1km. This mineralisation is contained both at the contact with the western mafic volcanic unit, as well as within the Montague Granodiorite unit, and extends near-surface to the base of transported overburden. Previous RC results returned from Gateway's RC drilling at Achilles North have included: GRC446: 21 metres @ 2.1g/t Au from 32m; GRC447: 13 metres @ 3.4g/t Au from 5m; GRC430: 11 metres @ 3.0g/t Au from 32m; GRC507: 14 metres @ 1.0g/t Au from 3m. Additional work will be undertaken to continue targeting bedrock mineralisation within the granodiorite with the RC rig. In addition, the air-core rig will be used to continue to evaluate the Achilles host structure south toward the edge of Gateway tenure. Tillkännagivande • Jan 22
Gateway Mining Limited Announces Significant Extension to High Grade Gold Discovery at Gidgee Gateway Mining Limited has intersected significant high-grade gold mineralisation immediately south of the newly discovered Northwest Margin "Lower Zone" at its 100%-owned, 1,000km2 Gidgee Gold Project in Western Australia. The assay results are from a Reverse Circulation (RC) drilling program that targeted the 1.6km mineralised trend between the Montague and Whistler Gold Deposits, on the Northwest Margin of the Montague Granodiorite. Following the announcement of the new high-grade discovery (20th November 2020) the drill rig was mobilised back to the Northwest Margin to complete a number of follow-up holes prior to the rig being demobilised from site. Due to this compressed timing and site availability, drilling was limited to only an additional three holes. A full description of significant intersections received to date are included as Table 1, with drill program details documented in the JORC (2012) Table 1 included as Appendix 2. The final results have now been returned from Gateway's 13,000m RC drilling program that targeted the Northwest Margin, a 1.6km long zone between the Whistler and the Montague-Boulder Gold Deposits (combined Inferred Resource of 240,000oz). This component of the program was initiated following the significant new discovery of the high-grade Lower Zone that demonstrated considerable potential for multiple structures along the margin of the Montague Granodiorite. In terms of the wider project, these results continue to reinforce the Company's view that the entire 8km long western margin of the Granodiorite represents a large-scale gold system that has only previously been subject to cursory programs of exploration. The high-grade "Lower Zone" mineralisation has now been defined over a strike length of approximately 220m and remains totally untested along strike to the north and south, representing the Company's highest priority exploration target at Gidgee. The drilling has established that the high-grade mineralisation is controlled by a series of mineralised structures intersecting an ultramafic unit (currently interpreted as an intrusion) that is located along the contact between the mafic volcanic rocks and the granodiorite intrusive. As demonstrated by the dual intercepts in GRC550, there is excellent potential for stacked multiple zones of high-grade mineralisation to occur where shear zones intersect the ultramafic unit. Extensive mineralisation is also present within the adjacent mafic rocks and the granodiorite intrusion. This ultramafic contact position on the margin of the granodiorite continues to emerge as a exploration opportunity across the Gidgee Project. The next phase of evaluation is scheduled to commence in mid-February with a follow-up program of RC drilling. This will be complemented by the arrival of a diamond drill rig in late-February. Tillkännagivande • Jan 12
Gateway Mining Limited Announces Outstanding High Grade Results at Montague Boulder Deposit Gateway Mining Limited reported further high-grade gold intersections from the in-fill and step-out Reverse Circulation (RC) drilling program completed in late 2020 at its 120,000oz Montague-Boulder Inferred Mineral Resource, within its 1,000km Gidgee Gold Project in Western Australia. The results are part of an extensive program completed at this cornerstone deposit in November 2020. The overall program consisted of 47 holes for 5,239m, with holes drilled to systematically in-fill the existing Mineral Resource area on nominal 40m x 40m spacing. In addition, nominal 60m spaced sections of RC holes were completed on the flanks of the Mineral Resource, tracing the host structure immediately along strike to the north and south of the existing Inferred Resource boundary for approximately 180m. Final assay results are still awaited from the last phase of drilling completed as part of the November 2020 RC campaign. The last phase of drilling was primarily designed to follow-up the significant intersections returned from the Lower Zone within the Northwest Margin, located approximately 1.1km north of the Montague-Boulder Resource. Preparations are underway for a new campaign of RC and diamond drilling at the Montague Granodiorite Dome. Holes will be designed primarily to target further increases in the mineralised footprint identified on the Northwest Margin, including further testing of the newly discovered Lower Zone to the north as well as systematic drilling south of the Montague-Boulder deposit, toward the Caledonian Northeast pit. A diamond drill rig will be utilised to complete four deep diamond holes to generate important lithological as well as structural geology data around the Montague Granodiorite Dome, allowing for an increase in understanding of the system and subsequent exploration for major gold mineralisation. This drilling is to be part funded by the State Government of Western Australia, as part of its Exploration Incentive Scheme (EIS). Tillkännagivande • Dec 19
Gateway Mining Limited Announces New High Grade Zones At Montague, Resource Growth Potential Gateway Mining Limited advised that it has intersected multiple new stacked zones of high-grade gold mineralisation immediately beneath the existing 120,000oz Montague-Boulder Inferred Mineral Resource, within its 1,000km2 Gidgee Gold Project in Western Australia. The results are part of a Resource in-fill and extensional Reverse Circulation (RC) program completed at this cornerstone deposit by Gateway in November. The overall program consisted of 47 holes for 5,239m, with holes drilled to systematically in-fill the existing Mineral Resource area on nominal 40m x 40m spacing. Several holes were extended to test for potential repeats of the mineralisation below the interpreted Resource structures. Further results from this program are still outstanding. Several key sections of the Montague Mineral Resource area were selected for deeper drilling, to test for potential additional mineralised structures below the existing structures defined in the current Mineral Resource estimate. The potential for additional structures within both the main mafic volcanic host-rock sequence, as well as within the Montague Granodiorite body itself has been recognised as a result of Gateway's systematic evaluation of the existing known mineralisation along the Northwest margin of the Granodiorite Dome. While these holes only represent initial testing of the host sequences below the existing Resource, they do highlight the potential for significant additional mineralisation to be defined within the footprint of the existing Mineral Resource estimate. New structures below the mafic volcanic hosted shear zone lodes were intersected at depth, with several high-grade intersections returned including: GRC599: 5 metres @ 17.4g/t Au from 83m; GRC603: 2 metres @ 5.6g/t Au from 178m. These mineralised shears appear to be parallel to the overall mafic stratigraphy, with the mineralisation associated with biotite alteration and sporadic quartz veining and trace sulphides (pyrite). The intersection in GRC603 is interpreted to represent an up-dip position of Gordon's Lode, intersected 140m further north. Follow-up drilling targeting the previously discovered Gordon's Lode mineralisation (GRC330: 4 metres @ 24g/t
Au from 241m2) was successful in intersecting a visually discrete mineralised structure 40m down-dip from the high-grade intercept in GRC330. This structure was mineralised, and opens up the potential for this lower lode to be further extended both along strike and down-dip: GRC596: 2 metres @ 3.0g/t Au from 235m, and 2 metres @ 2.1g/t Au from 240m. Drilling to test below the shallow granodiorite-hosted mineralisation mined as part of the historical open pit mining campaign successfully intersected what appears to be a new zone of granodiorite-hosted mineralisation: GRC583: 5 metres @ 2.7g/t Au from 115m. Mineralisation at depth within the granodiorite has essentially not been previously tested, and provides a significant new exploration target as well as a possible vector to a related mafic volcanic hosted shear. All of these multiple mineralised lodes are interpreted to form part of an overall highly-mineralised structural regime immediately adjacent to the contact of the Montague Granodiorite Dome. Further assay results are pending from the overall in-fill RC drilling program at the Montague-Boulder Resource area. Results are also pending from follow-up drilling completed on the Northwest Margin lower zone. These holes were drilled in the final week of the company's 2020 drilling campaign, with assays expected in late December 2020/early January 2021. Tillkännagivande • Nov 20
Gateway Mining Limited Announces Intersection of Significant New Zones of High-Grade Gold Mineralization Between the Cornerstone Whistler and Montague-Boulder Deposits Gateway Mining Limited announced that it has intersected significant new zones of high-grade gold mineralisation between the cornerstone Whistler and Montague-Boulder Deposits at its 100%-owned, 1,000km2 Gidgee Gold Project in Western Australia. The Company has received initial assay results from the current RC drilling program targeting the 1.6 km mineralized trend between the deposits, on the Northwest Margin of the Montague Granodiorite. A total of 37 RC holes for 4,448m were drilled along this priority 1 exploration target, with initial assay results suggesting that it has made a significant exploration breakthrough. The initial phase of Gateway's 13,000m RC drilling program targeted the Northwest Margin, a 1.6km long zone between the Whistler and the Montague-Boulder Gold Deposits (combined Inferred Resource of 240,000oz). The drilling was undertaken on approximately 100m spaced sections and was designed firstly to identify the mineralized structures that host the resource at Montague-Boulder, and also to identify high-grade domains hosted within these broader structures. Initial results from the drilling program have identified what is considered to be a significant new discovery and confirmed the presence of multiple structures with strong high-grade domains. In terms of the wider project, these results reinforce the Company's view that the entire ~8km long western margin of the Granodiorite represents a large-scale gold system that has only previously been subject to cursory programs of exploration. Lower Zone New Discovery: The Lower Zone is interpreted as a series of moderately dipping shear zones within the mafic volcanic on the margin of the granodiorite. Significant results from the only two holes drilled into this structure are: GRC550: 15 metres @ 3.0g/t Au from 104m and; 10 metres @ 9.2g/t Au from 140m. GRC538: 10 metres @ 2.5g/t Au from 114m. These two holes are spaced 150m along strike and, as such, the structures remain open in all directions. A number of holes in proximity will need to be deepened to test the position and additional holes drilled down-dip and along strike. It appears that GRC538 (10m @ 2.5g/t Au) will need to be extended as it has not intersected the second structure that was intersected in GRC550. There is excellent potential for significant granodiorite-hosted mineralisation on the margin and deeper into the intrusion. Mineralisation in this new deeper zone appears to be similar to that encountered in shallower shear zones, with extensive biotite and silica alteration, sporadic quartz veining and minor pyrite and trace chalcopyrite sulphide mineralisation. Montague Lodes: The Montague Lodes are interpreted as the northern extension of the structures that host the Montague-Boulder Mineral Resource, located approximately 1km to the south. These moderately dipping structures are located in the immediate hanging wall of the newly discovered Lower Zone. Significant results include: GRC566: 8 metres @ 3.0g/t Au from 92m. GRC534: 6 metres @ 6.1g/t Au from 88m. GRC535: 3 metres @ 5.5g/t Au from 46m. GRC542: 6 metres @ 2.2g/t Au from 67m. GRC496: 6 metres @ 6.0g/t Au from 54m. GRC488: 10 metres @ 1.5g/t Au from 37m. The drilling remains typically wide-spaced (100m x 80m) and will now require systematic in-fill to better define the high-grade domains with the broader mineralised structure. The mineralised structures are close to surface and it appears that the mineralisation improves at depth in fresh rock, as demonstrated by GRC566 (8m @ 3.0g/t Au) and GRC534 (6m @ 6.1g/t Au). GRC566 (8m @ 3.0g/t Au) was drilled 350m north of the Montague-Boulder Resource and demonstrates excellent potential for the Resource to be expanded. Drilling has now been completed over this position and results are awaited. The current RC program has successfully demonstrated that the Northwest Margin of the Montague Granodiorite dome is highly prospective for substantial gold mineralisation, hosted in a variety of structural and lithological settings. Once full results have been received, planning for follow-up RC and diamond drilling will commence to continue to fully explore this fertile zone, which continues to emerge as a priority exploration focus for the Company. Tillkännagivande • Nov 05
Gateway Mining Limited Identifies Major New Gold Exploration Opportunity Within Gidgee Gold Project Gateway Mining Limited announced that it has identified a major new gold exploration opportunity within its 100%-owned 1,000km 2 Gidgee Gold Project in Western Australia after receiving the results of a systematic program of air-core drilling designed to test the immediate southern extension to the Achilles Target Area. The air-core drilling consisted of a grid-based program, drilled to blade refusal (top of fresh rock) on a nominal 200m x 40m spacing. This program covered approximately 1.4km of strike of the southern continuation of the Achilles structural zone, where recent RC drilling by Gateway has continued to extend near-surface mineralisation north of the historical Rosie open pit. The results from the air-core program are considered to be highly significant in the context of Gateway's overall exploration strategy at the Gidgee Project. They have defined a series of coherent, high-order oxide and bedrock gold anomalies extending over a strike length of 1.4km, with the zone remaining open for a further 2.5km to the south beyond this new drilling, to the edge of Gateway's tenure. A total of 305 holes were drilled for 15,016m. Samples were taken as nominal 4m composites. Drilling was designed to test the highly prospective thrust fault along the margin of the Montague Granodiorite as well as the interpreted major shear zones within the western mafic volcanic sequence that host mineralisation at the Caledonian pit and the Dandelion group of historical workings. The strength and coherent nature of the anomalies and their position relative to significant cross-cutting structures has elevated the importance of this area as a significant exploration target at Gidgee, alongside the 1.5km long North West Margin area between the Montague-Boulder and Whistler deposit which is a priority focus for RC and diamond drilling. Air-core drilling has been successful in delineating several coherent oxide-zone anomalies that are interpreted to emanate from bedrock-hosted primary mineralisation at depth. When combined with effective historical drilling, several previously recognised prospect areas - such as Airport, L.A. International and Dandelion - can now be interpreted in the context of the broader distribution of gold mineralisation across this corridor. An extensive oxide-zone anomaly has been defined over 1.4km of strike covering the interpreted continuation of the Achilles thrust structure. This anomaly corresponds to a >1g/t per metre (>1gm) gold intersection with a clearly defined higher grade core, particularly immediately along strike from the Rosie open pit. This anomaly includes several higher-grade results, including: GWAC0302: 4m @ 1.6g/t Au from 28m, GWAC0402:4m @ 1.4g/t from 8m and 5m @ 0.7g/t Au from 52m (BOH), GWAC0453: 14m @ 0.5g/t Au from 40m (BOH), including 4m @ 1.1g/t Au, GWAC0553: 16m @ 0.8g/t Au from 36m. This anomaly shows a significant change in direction and subsequent thickening to a width of approximately 400m around the historical workings known as L.A. International. This appears to correlate with a definite jog in the Achilles structural trend and suggests the presence of a zone of greater dilation which therefore has the potential to host an accumulation of significant gold-bearing fluids. The combination of wide, consistent gold anomalism, including significant bedrock mineralisation, with a favourable structural position significantly elevates the prospectivity of this area. A cross-section of this extensive oxide zone gold anomalism and bedrock intersections is included as Figure 3. Maximum down-hole gold results in this L.A. International area include: GWAC0486: 4m @ 1.0g/t Au from 24m, GWAC0482: 4m @ 1.8g/t Au from 36m, GWAC0480: 3m @ 5.6g/t Au from 16m (BOH), including 1m @ 16.2g/t Au. Importantly, the air-core results appear to support the theory that a splay from the Achilles shear corresponds to the historical Airport and Airport South prospects, where extensive shallow high-grade mineralisation has been identified by previous explorers. Significant historical intersections include 2: GRB1231: 20m @ 15.6g/t Au from 25m, GRC015: 17m @ 14.7g/t Au from 30m, GRB1253: 15m @ 5.1g/t Au from 35m, GRB1580: 5m @ 22.2g/t Au from 37m. This mineralised trend can now be traced back into the main Achilles Shear structure, highlighting a significant target for deeper RC testing. A discrete northwest-southeast trending anomaly proximal to the mafic-volcanic and granodiorite contact zone, which corresponds to extensive historical underground workings on the Dandelion Trend, has been defined over 800m of strike. This trend has only been sporadically tested by historical drilling, generally with single holes under the existing workings. This zone corresponds to an interpreted mafic-shear target similar to that hosting mineralisation to the north at Caledonian and Caledonian-Northeast pits. Significant air-core intersections from current drilling of this anomaly include: GWAC0501: 12m @ 1.4g/t Au from 24m, including 4m @ 3.0g/t Au. GWAC0497: 4m @ 1.9g/t Au from 28m, GWAC0567: 4m @ 2.1g/t Au from 36m. Tillkännagivande • Sep 24
Gateway Mining Limited Reports Results of Limited Program of Reverse Circulation At Montague Gateway Mining Limited reported the results of a limited program of Reverse Circulation in-fill drilling targeting a number of high-grade domains within the Montague-Boulder Resource, one of the cornerstone deposits at its 100%-owned 1,000km2 Gidgee Gold Project in Western Australia. The drilling was designed to test the continuity of a number of high-grade mineralised domains that have previously been defined by relatively wide-spaced drilling within the Montague-Boulder Inferred Resource (1.7 million tonnes @ 2.18g/t for 120,000oz of contained gold3). Additionally, the drilling has confirmed the results of recent structural studies that have identified a strong north-west plunge control of the high-grade domains. High-grade assay results returned from two recently completed in-fill RC holes at the Montague-Boulder Resource: GRC525: 8 metres @ 5.2g/t Au from 124m (Including 4 metres @ 9.0g/t Au); GRC526: 4 metres @ 16.0g/t Au from 69m. These holes targeted two high-grade domains where previous drilling has returned a number of significant intersections, including4: GRC370: 6 metres @ 45.0g/t Au from 139m; GDD015: 4.5 metres @ 10.2g/t Au from 121m; GRC357: 5 metres @ 11.5g/t Au from 104m; GRC389: 10 metres @ 13.0g/t Au from 65m; GRC358: 2 metres @ 5.8g/t Au from 75m; GRC342: 9 metres @ 4.2g/t Au from 89m; GRC330: 15 metres @ 2.1g/t Au from 70m; GRC380: 9 metres @ 5.2g/t Au from 72m. Recent analysis of structural data has defined a strong north-west plunge trend of the gold mineralisation and highlighted the potential for strong continuity of the high-grade gold domains within the broader mineralised shear zone. Drilling within these high-grade domains remains relatively wide-spaced (40x40m and 40x20m), which means that a significant opportunity exists to continue to upgrade and expand these positions with additional drilling. This drilling would likely have the effect of increasing the confidence level of the Mineral Resource in these positions. The confirmation of the north-west plunge control now presents an excellent opportunity to test these high-grade domain corridors up-plunge and down-plunge in multiple positions, and to target similar trends along strike to the north and south. A number of areas are of immediate interest include: The down-plunge extension of the central high-grade domain around drill-hole GRC366 (8 metres @ 1.3g/t Au (including 1m @ 8.8g/t Au))5. This result demonstrates the presence of a strongly mineralised shear zone with a high-grade component that has never been followed up. The southern-most line of drilling has returned two significant intersections (GRC395 - 10 metres @ 1.7g/t Au and GRC391 - 2 metres @ 3.1g/t Au) 6, demonstrating that the mineralisation remains open and could be vectoring towards an additional parallel high-grade domain. This contact position remains open for another 800 metres to the south towards the NE Caledonian Open Pit. The immediate northern extensions of the resource. Despite the drilling in this position typically being too shallow to intersect the main targeted shear structure, it has returned highly anomalous results. In particular, historical holes MOA93R (20 metres @ 0.4g/t Au) and MOA92R (27 metres @ 0.5g/t Au) intersected strong bottom-of-hole gold anomalism that is interpreted to define another mineralised domain. Drill testing of the Montague-Boulder Resource remains relatively shallow with the deepest intersection currently only 175m below surface. Additionally, the moderate dip of the mineralisation within the shear zone means that any ounce per vertical metre calculation will be relatively high. A proportion of the total Montague-Boulder Resource is contained in a granodiorite hosted stockwork in the base of the historical open pit (~500,000 tonnes @ 1.3g/t Au). A detailed review of the controls of the mineralisation highlight the quality of this style of mineralisation and confirm that it represents a high-priority exploration target for Gateway along the margin of the Montague Granodiorite. Tillkännagivande • Sep 17
Gateway Mining Limited Announces Shallow Mineralisation At Achilles Target Gateway Mining Limited announced that it has substantially extended the zone of shallow oxide mineralisation at the Achilles Target, part of its 100%-owned 1,000km2 Gidgee Gold Project in Western Australia, with recent wide-spaced step-out Reverse Circulation (RC) drilling returning significant results well beyond the previous limits of RC drilling completed by Gateway in late-2019. The Achilles Target area is an amalgamation of several smaller prospects, which Gateway now believes form part a much larger gold mineralised zone on the north-western margin of the Montague Granodiorite Dome, south of its cornerstone Whistler and Montague-Boulder deposits. Key points: Drilling at Achilles consisted of 12 RC holes for a total of 1,218m. The majority of these holes were drilled as nominal 150m spaced RC traverses to provide a first-pass drill test in the approximate 600m gap between Gateway's previous drilling and the NE Caledonian Pit. The drilling successfully intersected significant, shallow oxide gold mineralisation, clearly demonstrating the potential for continuous mineralisation over an approximate 800m strike length between the two historical open pits. Significant results from the program include: GRC507: 14m @ 1.0g/t Au from 3m; GRC508: 7m @ 2.5g/t Au from 61m, and 6m @ 1.5g.t Au from 45m; GRC501: 2m @ 1.1g/t Au from 23m, and 4m @ 2.9g/t Au from 64m; GRC503: 4m @ 1.5g/t Au from 105m; GRC510: 4m @ 1.0g/t Au from 23m; GRC502: 2m @ 1.2g/t Au from 36m. These new intersections have continued to extend the known near-surface mineralisation at Achilles to the north of the previously mined Rosie open pit. Previous near-surface results returned from Achilles include: GRC446: 21m @ 2.1g/t Au from 32m; GRC447: 13m @ 3.4g/t Au from 5m; and GRC430: 11m @ 3.0g/t Au from 32m. The mineralisation is located within moderately east-dipping shear zones, which are interpreted to be part of a large-scale thrust structure on the margin of the granodiorite that separates it from the western basalt sequence. Mineralisation is hosted predominantly within the granodiorite, in a thrust surface sub-parallel to the contact, as well as an interpreted steeper splay. The mineralisation at Achilles between the historical Rosie and NE Caledonian Open Pits has never been mined historically and is largely hosted within the oxide zone. The success of RC drilling along this trend, beneath previous ineffective historical RAB drilling, has highlighted the potential to delineate significant oxide gold mineralisation close to the Company's existing Mineral Resources in the north-western contact zone of the Montague Dome, the 120,000oz Inferred Resources each at Whistler and Montague-Boulder. The structural trend that hosts Achilles can be traced in aeromagnetic and ground-gravity datasets south of the Rosie Open Pit for a further 3.5km to the edge of Gateway's tenure. This southern strike extent has mainly been tested in the past with largely ineffective near-surface RAB drilling. Where deeper drilling (>50m depth) has been completed, evidence of mineralisation has been identified on this trend. A traverse of drilling (GRC504-506) was also completed to test the northern extension of the S-Bend mineralized trend. The drilling intersected two narrow shear zones with sub-grade mineralisation. Potential remains for the structure to open up again to the north. Drilling of the southern extensions remains to be completed. The first 1km of the structural trend south of the Rosie pit has recently been tested by Gateway via a systematic air-core drilling program where hole depths were successfully pushed to a >50m average depth. This program has recently been completed, with samples submitted to the commercial laboratory in Perth and results awaited. In addition to the RC drilling at Achilles, a small program of three RC holes for 300m was completed at Caledonian North, to follow up on historical high-grade intercepts in shallow RC drilling which were untested by deeper drilling. The three holes were completed as a single traverse of 40m spaced holes. While the holes intersected a significant shear-zone with associated quartz veining and alteration, only slightly anomalous assays were returned. A single intercept of 1m @ 3.2g/t Au was returned from the most westerly hole, GRC515. The context of this result will be investigated to determine if further work is required in this area. Gateway has now completed a major air-core drilling program at Gidgee, focusing on the southern continuation of the Rosie trend south of the Rosie open pit, within the Montague Dome. A total of 305 holes were drilled for 15,015m. Excellent drilling conditions were encountered, which enabled complete coverage of the target area. All samples have now been submitted to a commercial laboratory in Perth for analysis. A Reverse Circulation rig has now mobilised to site and drilling has commenced. It is envisaged that this rig will continue operations until field activities are suspended for the Christmas break in December. The rig will initially drill both a program of in-fill and extensional holes around the Montague-Boulder Mineral Resource, as well as a series of systematic traverses covering the entire north-western contact of the Montague Dome between the Montague-Boulder pit and the recently reported Whistler West RC traverse, where RC drilling intersected 6m @ 6.0g/t Au from 54m on the continuation of the Boulder lode structure, 1.1km north of the Montague-Boulder pit. Tillkännagivande • Aug 28
Gateway Mining Limited announced that it has received AUD 7 million in funding from Harman Family Trust, and other investors On August 27, 2020, Gateway Mining Limited (ASX:GML) closed the transaction. The company issued 105,436,901 shares for gross proceeds of AUD 1,686,990.416 in its second and final tranche closing. The transaction included participation from institutional, professional, sophisticated investors and directors of the company, Peter Langworthy for 9,375,000 shares, Mark Cossom for 1,875,000 shares, Scott Brown for 9,375,000 shares, and Trent Franklin for 4,687,500 shares. The transaction also included participation from returning investor, Harman Family Trust for AUD 1,007,235. Tillkännagivande • Aug 19
Gateway Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 2 million. Gateway Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 2 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 125,000,000
Price\Range: AUD 0.016 Tillkännagivande • Jul 17
Gateway Mining Limited announced that it expects to receive AUD 7 million in funding Gateway Mining Limited (ASX:GML) announced a private placement of 437,500,000 common shares at a price of AUD 0.016 per share for gross proceeds of AUD 7,000,000 on July 14, 2020. The company will raise the funding in 2 tranches by issuing 332,063,099 shares in its first tranche to institutional, professional and sophisticated investors on July 21, 2020, and 105,436,901 shares in its second tranche on August 31, 2020, subject to shareholder approval to be obtained at a general meeting expected to be held on August 31, 2020. In second tranche, 86,374,401 shares will be issued to institutional, professional and sophisticated directors, including company's largest shareholder Kerry Harmanis for AUD 1,000,000, and 19,062,500 shares to directors of the company or their nominees. The company will pay nominal administrative, legal, share registry and ASX fees in the transaction.