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Gateway Mining Limited (ASX:GML)

ALERT: Price-sensitive ASX Announcement for GML
Current share price for GML : $0.096 0.044 (84.62%)+
Announcement
Release
27 Jul 2026 8:46AM
Price at Release
$0.052
Full Release
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Summary
Gateway Mining Limited has reported that the Cowza gold system has extended its continuous high-grade gold mineralisation to approximately 3.5 kilometres of strike length. The mineralisation is open in multiple directions and is located along a favourable structural contact between mafic and intermediate volcanic units. Recent drilling has consistently intersected favourable geological features indicative of a significant gold deposit. With further assays pending and an additional RC rig set to accelerate exploration, the company is optimistic about defining Cowza's full potential within the Yandal Project.
Key Points
  • Cowza gold system extends over approximately 3.5 kilometres of strike length.
  • Gold mineralisation remains open in all directions.
  • Mineralisation is hosted along the contact between mafic and intermediate volcanic units.
  • Drilling has encountered consistent shearing, veining, and alteration.
  • Additional assays extend the mineralised strike by 1 kilometre.
  • A second RC rig will accelerate drilling activities at Cowza.
  • Management aims to rapidly define the potential of the gold system.
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.