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GATEWAY MINING LIMITED — Capital/Financing Update 2019
Feb 25, 2019
64999_rns_2019-02-25_c88dc83c-f1ca-49b1-aec6-5320de1d27b5.pdf
Capital/Financing Update
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ABN: 31 008 402 391 Level 11, 52 Phillips Street Sydney NSW 2000 GPO Box 225 Sydney NSW 2001 Tel: 61 2 8316 3998 Fax: 61 2 8316 3999 Website: www.gatewaymining.com.au
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ASX Announcement: 26 February 2019
DRILLING RE-COMMENCES AT GIDGEE GOLD PROJECT
New program of Reverse Circulation and diamond drilling underway to test extensions at the Whistler and Montague Gold Deposits
Further to its announcement of 4 February 2019, Gateway Mining Limited (ASX: GML) ( Gateway or Company ) is pleased to advise that drilling has re-commenced at the Company’s 100%-owned Gidgee Gold Project, Western Australia (Figure 1).
The new program will consist of 9 holes of Reverse Circulation (RC) drilling (~2,000m) at Montague and a series of diamond drill tails at both the Whistler and Montague Gold Deposits (5 holes for 350m). The drilling is targeting depth extensions of the high-grade mineralised zones at both the Whistler and Montague Gold Deposits.
Drilling is expected to be completed within a month and results will be reported as they come to hand.
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Figure (1): Gidgee Gold Project Location Plan
Peter Langworthy Managing Director
For and on behalf of GATEWAY MINING LIMITED
Competent Person Statement
The information in this report that relates to Exploration Results or Mineral Resources is based on information compiled or reviewed by Mr Peter Langworthy who is a full-time employee of Gateway Mining Ltd and is a current Member of the Australian Institute of Mining and Metallurgy. Mr Peter Langworthy has sufficient experience, which is relevant to the style of mineralisation and types of deposit under consideration and to the activities undertaken, to qualify as a Competent Person as defined in the 2012 Edition of the “Australasian Code of Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr Langworthy consents to the inclusion in the report of the matters based on the information in the form and context in which it appears.