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Gateway Mining Limited (ASX:GML)

ALERT: Price-sensitive ASX Announcement for GML
Current share price for GML : $0.052 -0.022 (-29.73%)+
Announcement
Release
23 Feb 2026 8:53AM
Price at Release
$0.074
Full Release
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Summary
Gateway Mining Limited has announced significant new drill results from the Haflinger Prospect, located within its Yandal Gold Project in Western Australia. The latest aircore drilling has continued to delineate shallow, high-grade gold mineralisation, with notable results including 64 meters at 1.2 grams per tonne gold and 20 meters at 1.4 grams per tonne gold. The mineralisation remains open to the south, with further exploration underway to extend the defined system. The company is well-positioned financially to continue its exploration efforts, with substantial cash reserves and liquid assets.
Key Points
  • Gateway Mining Limited (ASX: GML) announces further high-grade gold intercepts at the Haflinger Prospect.
  • Significant drill results include 64m at 1.2g/t Au from 56m and 20m at 1.4g/t Au from 64m.
  • The high-grade mineralisation remains open to the south with potential for additional discoveries.
  • Gateway has conducted further drilling extending 1.2km south of the current footprint, with assays expected in Q2 2026.
  • The project is located within the Yandal Gold Project, Western Australia, on the Celia Shear Zone.
  • Gateway is financially stable with $19.4 million in cash and $9.3 million in liquid ASX securities as of December 2025.
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.