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Gateway Mining Limited (ASX:GML)

ALERT: Price-sensitive ASX Announcement for GML
Current share price for GML : $0.076 -0.001 (-1.30%)+
Announcement
Release
27 Nov 2025 9:43AM
Price at Release
$0.077
Full Release
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Summary
Gateway Mining Limited has reported significant progress in its exploration activities at the Yandal Gold Project and Glenburgh South Gold Project in Western Australia. A second diamond drilling rig has been deployed to advance the Yandal project, with a focus on promising sites such as the Great Western Splay Structure. The ongoing ground gravity survey complements these drilling efforts. The discovery of further gold nuggets, totaling 23.2 grams, underscores the area's potential. Meanwhile, an aeromagnetic survey is being conducted at Glenburgh South to map key structural trends over a large area. These developments highlight Gateway's commitment to unlocking the mineral potential of its assets.
Key Points
  • Gateway Mining Limited provides an update on its Yandal Gold Project and Glenburgh South Gold Project.
  • A second diamond rig arrived at the Yandal site to complete planned drilling.
  • A high-resolution ground gravity survey is 60% complete at the Great Western Splay Structure.
  • Further gold nuggets were found at the Great Western prospect.
  • Results from prospecting include 19 gold nuggets with a total weight of 23.2 grams.
  • An aeromagnetic survey is underway for the Glenburgh South project, covering 620km².
  • Gateway Mining Limited's CEO, Richard Pugh, is involved in the project.
  • The announcement contains a forward-looking statement about the project prospects.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.