AN outstanding result in high grade aircore results, plus a promising regional review, reveal a significant new exploration at the Gateway Mining Gidgee Gold Project near Kalgoorlie in WA.
Four gold corridors have been defined, covering a cumulative strike length of approximately 20km.
This discovery opens up a major new exploration opportunity for Gateway within its high-quality operation, beyond the currently defined resources.
Reconnaissance aircore drilling, supported by a regional assessment outside the Montague Granodiorite, was instrumental in identifying the series of prospective gold corridors.
These new discoveries present a major opportunity, specifically for shallow oxide gold deposits.
Gateway managing director Peter Langworthy said that the company’s core focus remains to unlock the significant potential that exists around the margin of the Montague Granodiorite.
“The outcomes of the aircore program and our recent regional work have highlighted the enormous opportunity to make major new discoveries in completely new areas,” he said.
Part of an interpreted 8km long gold-base metal corridor, the Flametree Project has already demonstrated potential for near-surface oxide gold.
The new results extend the current mineralisation defined by previous RC drilling from 2019 and confirm the free-milling nature of the oxide gold.
Further drilling at the Ashes Prospect has intersected ferruginous quartz veining in sandstones with anomalous results, including [email protected]/t Au from 24m.
