GATEWAY MINING LIMITED — Management Reports 2009

Jul 15, 2009

ABN: 31 008 402 391 Level 7, Simpson House, 249 Pitt Street Sydney NSW 2000 PO Box A278 Sydney South NSW 1235 Tel: 61 2 9283 5711 Fax: 61 2 9283 5766 Email: gml8@bigpond.com Website: www.gatewaymining.com.au

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Review of Gidgee Project Highlights 102m low grade gold intercept at Rosie North 16 July 2009

HIGHLIGHTS

• Significant broad low grade gold intersections ( including 102m @ 0.42g/t Au in hole WRC012 ) highlighted at Rosie North, the significance of which were not recognized before the current review

• These intersections are largely open and point to an exciting exploration target in the Rosie North area

• Historic high-grade gold intersections to the north and east of the Whistler pit require follow-up, and there are indications that they occur along a common structural/alteration zone

REVIEW RESULTS

Summary

As reported previously the company has been undertaking a comprehensive review of the Gidgee Project. This review has largely concentrated on the Montague group of tenements (Figure1); which the Company considers as the most prospective area for further mineral discoveries. The results of the review will be used for planning ongoing exploration over the project area.

To date this review has recognised the significance of previous drilling results from Rosie North that were never fully assessed, with an intersection of 102m @ 0.42g/t Au being highlighted in hole WRC012. The review has also highlighted areas for follow up in the vicinity of the Whistler pit.

In addition the company has recently completed an aircore drilling programme in the vicinity of a number of current prospects, including The Cup (copper) and Julia’s Fault (gold), with results currently being collated and interpreted. These results will be released in the June 2009 Quarterly Report.

Gateway Mining Ltd Gidgee Update July 2009

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Montague Area

Airport Central Joint Venture – Rosie/S-Bend Area

Gateway 85%, Herald Resources 15%

The Airport Central area covers a number of previously mined shallow oxide open pits, with a past production in the order of 100,000oz of gold. These pits are largely sited along the western edge of the Montague Granodiorite, at the contact with greenstone basalts.

Past work by the company has resulted in significant gold intersections at the Rosie and S-Bend prospects, located to the north of the Rosie Castle open pit. A summary of this work is shown in figure 3. This work resulted in the delineation of two prospects, namely Rosie North and S Bend, each with a number of +0.1 and 1g/t gold intersections. In addition a hanging wall structure was intersected, approximately 90m east of the Rosie North trend. A summary of these intersections, including hole collar details is included as Appendix 1. Intersections were calculated using the following criteria:

0.1g/t intersections – 0.1g/t cutoff, minimum intersection grade 0.1g/t, minimum intersection width 10m, maximum 3m internal dilution

1.0g/t intersections – 1.0g/t cutoff, minimum intersection grade 1.0g/t, minimum intersection width 2m, maximum 1m internal dilution

Hole collar positions are presented in AGD84 Zone 50 UTM coordinates.

These include results from drilling carried out under a previous joint venture; however the significance of broad zones of low grade mineralisation has not been recognised until the current review.

These intersections include:

WRC012 – 23m @ 0.67g/t Au from 37-60m

Including 2m @ 4.79g/t Au from 54 to 56m

WRC012 – 102m @ 0.42g/t from 66 to 168m (EOH)

Including 3m @ 1.64g/t Au from 142m

WRC010 – 37m @ 0.31 g/t Au from 25 to 62m

Including 4m @ 1.04g/t Au from 36-40m

WRC010 – 14m @ 0.23g/t Au from 66 to 82m

These intersections are considered significant in that they are open, in the case of WRC012 in all directions, and in the case of WRC010 to the east, north and south. As can be seen in Figure 3, hole WRC012 is the easternmost RC hole in the area, however RAB holes to the east intersected +0.1g/t Au at the bottom of hole.

Interpretations of these results are ongoing; however a number of preliminary conclusions can be reached:

• These intersections may represent a halo to higher grade mineralisation, and, given the length of the intersections may indicate a substantial target

Gateway Mining Ltd Gidgee Update July 2009

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• Hole WRC012 is located in the vicinity of north and NE trending structures, which are considered important controls on mineralisation in the project area

• A gravity high to the east of WRC012 may indicate a flexure in, or an uplifted block of the basalt underlying the granite – the contact between the basalts and granite is another important control on mineralisation

• This interpretation is possibly supported by Hole WRC012 intersecting intervals of basalt higher than expected in the hole.

Given the above results and preliminary observations this area is considered an exciting prospect, and follow up work is now being planned. Initial work being considered includes SAM surveying (or other geophysical programmes). SAM is a cost effective geophysical prospecting tool that can be used for detailed mapping of structure and alteration zones. As mentioned previously structure is an important control on mineralisation in the project area.

As reported in the March 2009 Quarterly Report a non-JORC resource calculation is currently being carried out for the Rosie area as well as for the adjoining Central/Bullseye area. Preliminary results of this work are currently being reviewed, and if warranted may be upgraded to JORC status for release to the market.

Airport Central Joint Venture – Whistler

Gateway 85%, Herald Resources 15%

Recent work in the Whistler area has included SAM surveying, and as mentioned previously a non-JORC compliant resource estimation, of which the preliminary results of both are currently being reviewed. The prospect is considered prospective for high-grade sulphide gold mineralisation.

The sulphide potential has been confirmed by previously reported drilling carried out under a previous joint venture, with 22m @ 14.94g/t Au (including 9m @ 33.82 g/t Au) being intersected in hole WRC017 drilled into the known sulphide shoot below the existing open pit.

In addition, previously reported hole WRC018 intersected 5m @ 4.88g/t Au from 96m which has been interpreted as a hanging wall shoot to the Whistler mineralisation, and which requires follow up. A preliminary interpretation of the SAM survey indicates that this intersection may be associated with a NNW trending zone that also appears to be adjacent to intersections in historic holes 88MRD24 (3m @ 7.7g/t Au from 134m) and 86MORC35 (4m @ 12.65g/t Au from 16m).

Given the results, this area, and particularly the interpreted structure require further follow up.

For further information visit our website atwww.gatewaymining.com.au or contact: Bob Creelman, Director or Mark Gordon, Consultant on Tel: 02 9283 5711

The information in this report that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Mr. Mark Gordon, a Consultant to the company, a Member of the Australasian Institute of Mining and Metallurgy and a Member of The Australian Institute of Geoscientists. Mr Mark Gordon has a minimum of 5 years experience which is relevant to the style of mineralization and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the "Australian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves". Mr. Mark Gordon consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

Gateway Mining Ltd Gidgee Update July 2009

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Figure 1. Prospect locations, Gidgee Project, Western Australia

Gateway Mining Ltd Gidgee Update July 2009

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Figure 2. Airport Area, Gidgee, showing prospect areas

Gateway Mining Ltd Gidgee Update July 2009

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----- Start of picture text -----

Note: Collar positions of holes shown -
not intersection locations
6,965,200 mN
S BEND
These two RAB holes
ended in +0.1g/t Au,
however intersections
were <10m
6,965,000 mN
WRC012
Interpreted
Gravity High
ROSIE NORTH
WRC010
6,964,800 mN
Rosie
Castle
Pit
6,964,600 mN
WRC012- 751,455E, 6,965,000N, -60 to 270
23m @ 0.67g/t Au from 37m
GEOLOGY LEGEND 102m @ 0.42g/t Au from 66m
GranodioriteGranodioriteGranodioriteGranodiorite
WRC010 - 751,400E, 6,964,900N, -60 to 270
Granodiorite(diorite) Granodiorite(diorite) Granodiorite(diorite) Granodiorite(diorite) 37m @ 0.31g/t Au from 25m
BasaltBasaltBasaltBasalt 14m @ 0.23g/t Au from 66m
Interpreted StructureInterpreted StructureInterpreted StructureInterpreted Structure 200m Intersections calculated on a 0.1 g/t Au cutoff,
AGD84 UTM Zone 50 minimum width 10m, maximum dilution 3m
751,000 mE 751,200 mE 751,400 mE 751,600 mE
----- End of picture text -----

Intersections calculated on a 0.1 g/t Au cutoff, minimum width 10m, maximum dilution 3m

DRILLHOLE LEGEND

Symbol Shape - Grade

>2m @ 1 g/t Au intersection>2m @ 1 g/t Au intersection>2m @ 1 g/t Au intersection>2m @ 1 g/t Au intersection >10m @ 0.1 g/t Au intersection>10m @ 0.1 g/t Au intersection>10m @ 0.1 g/t Au intersection>10m @ 0.1 g/t Au intersection No significant intersectionsNo significant intersectionsNo significant intersectionsNo significant intersections

- Symbol Colour Hole Type

GML RABGML RABGML RABGML RAB GML RCGML RCGML RCGML RC WCP/GML JV RCWCP/GML JV RCWCP/GML JV RCWCP/GML JV RC OtherOtherOtherOther

Gateway Mining Limited Figure 3 Gidgee Project Airport Gold Trend Rosie-S Bend Prospects Geology, Drillhole Details

752,000 mE 6,967,600 mN 6,967,800 mN 6,968,000 mN 6,968,200 mN 6,968,400 mN 751,600 mE 751,800 mE 751,200 mE 751,400 mE Whistler Pit - Sulphide shoot below 86MORC31 86MORC35 88MRD24 WRC018 Note - Holes with intersections in sulphide shoot below Whistler pit not annotated, nor are intersections shown ~~C~~ollar positions of holes shown - not intersection locations	752,000 mE 6,967,600 mN 6,967,800 mN 6,968,000 mN 6,968,200 mN 6,968,400 mN 751,600 mE 751,800 mE 751,200 mE 751,400 mE Whistler Pit - Sulphide shoot below 86MORC31 86MORC35 88MRD24 WRC018 Note - Holes with intersections in sulphide shoot below Whistler pit not annotated, nor are intersections shown ~~C~~ollar positions of holes shown - not intersection locations

APPENDIX 1 ROSIE NORTH AREA DRILL INTERCEPT DETAILS (INCLUDES GATEWAY and WCP HOLES ONLY, ALL OF WHICH ARE OUTSIDE THE MINED PITS)

TABLE 1: +1 g/t Au intercepts TABLE 2: +0.1 g/t Au intercepts

Holes grouped by prospect, and sorted on northings and teastings “EOH” indicates whether intersection is at the end of the drillhole

Gateway Mining Ltd Gidgee Update July 2009

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Table 1

HOLE	Prospect	AGD84E	AGD84N	RL	TDepth	Type	Dip	Azimuth	From	To	Interval	Au_ppm	EOH
GRB1662	S Bend	751075	6965200	503.55	24	RAB	-60	90	5	15	10	10.48
GRB1778	S Bend	751092	6965200	503.65	39	RAB	-60	270	18	23	5	6.86
GRB1975	S Bend	751100	6965125	503.72	53	RAB	-60	270	30	40	10	7.78
GRC143	S Bend	751125.1	6965126	503.77	100	RC	-60	270	59	62	3	8.29
GRC142	S Bend	751093	6965124	503.7	60	RC	-60	270	17	24	7	2.40
GRB1812	S Bend	751100	6965100	503.7	55	RAB	-60	270	35	40	5	3.32
GRC141	S Bend	751129.4	6965101	503.7	100	RC	-60	270	96	100	4	1.33	Y
GRB2068	Rosie Nth	751225	6965060	500	39	RAB	-60	180	10	15	5	2.80
GRB3006	Rosie Nth	751250	6965060	500	46	RAB	-60	360	33	38	5	3.48
GRC118	Rosie Nth	751238.7	6965048	503.96	70	RC	-60	270	45	48	3	2.89
GRC118	Rosie Nth	751238.7	6965048	503.96	70	RC	-60	270	52	57	5	6.35
GRB2006	Rosie Nth	751250	6965050	500	41	RAB	-60	360	30	35	5	2.26
GRB3062	Rosie Nth	751215	6965025	500	50	RAB	-60	270	30	35	5	1.20
GRB3063	Rosie Nth	751235	6965025	500	41	RAB	-60	270	15	20	5	1.72
GRB1909	Rosie Nth	751225	6965000	503.78	25	RAB	-60	270	20	25	5	2.28	Y
GRC116	Rosie Nth	751233.1	6965001	503.78	55	RC	-60	270	29	35	6	1.80
GRB3066	Rosie Nth	751230	6964975	500	49	RAB	-60	270	15	20	5	1.47
GRC112	Rosie Nth	751215.3	6964951	503.78	45	RC	-60	270	18	23	5	1.56
GRB1823	Rosie Nth	751225	6964950	503.8	45	RAB	-60	270	30	35	5	6.15
GRC113	Rosie Nth	751230.9	6964950	503.82	55	RC	-60	270	29	31	2	2.50
GRC114	Rosie Nth	751245.9	6964950	503.8	70	RC	-60	270	17	22	5	4.08
GRB1824	Rosie Nth	751250	6964950	503.8	38	RAB	-60	270	33	38	5	1.67	Y
GRC129	Rosie Nth	751261.4	6964950	503.81	75	RC	-60	270	26	28	2	1.13
GRB3071	Rosie Nth	751255	6964925	500	35	RAB	-60	270	25	30	5	1.02
GRC131	Rosie Nth	751280	6964905	503.74	85	RC	-60	270	49	51	2	2.38

Gateway Mining Ltd Gidgee Update July 2009

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HOLE	Prospect	AGD84E	AGD84N	RL	TDepth	Type	Dip	Azimuth	From	To	Interval	Au_ppm	EOH
GRB1770	Rosie Nth	751250	6964900	503.57	31	RAB	-60	270	25	31	6	1.09	Y
GRC111	Rosie Nth	751265.6	6964905	503.71	70	RC	-60	270	23	26	3	3.83
GRC111	Rosie Nth	751265.6	6964905	503.71	70	RC	-60	270	38	42	4	1.30
GRB1773	Rosie Nth	751260	6964875	503.57	41	RAB	-60	270	27	32	5	1.12
GRC107	Rosie Nth	751267.6	6964877	503.6	40	RC	-60	270	29	36	7	2.68
GRB1659	Rosie Nth	751272	6964875	503.59	43	RAB	-60	270	25	30	5	1.34
GRB1659	Rosie Nth	751272	6964875	503.59	43	RAB	-60	270	35	40	5	2.20
GRC108	Rosie Nth	751280.2	6964877	503.59	55	RC	-60	270	45	47	2	10.95
GRC109	Rosie Nth	751293.2	6964877	503.61	80	RC	-60	270	30	32	2	1.31
GRC109	Rosie Nth	751293.2	6964877	503.61	80	RC	-60	270	37	41	4	1.10
GRC109	Rosie Nth	751293.2	6964877	503.61	80	RC	-60	270	65	68	3	4.30
GRC105	Rosie Nth	751272.9	6964857	503.55	40	RC	-60	270	29	32	3	5.99
GRC106	Rosie Nth	751284.3	6964857	503.59	60	RC	-60	270	49	51	2	9.83
GRB1551	Rosie Nth	751240	6964850	503.55	33	RAB	-60	90	25	33	8	6.97	Y
GRB1450	Rosie Nth	751257	6964853	503.6	41	RAB	-60	90	15	20	5	19.12
GRC104	Rosie Nth	751219.1	6964826	503.38	90	RC	-55	90	82	84	2	12.76
GRB1611	Rosie Nth	751250	6964827	503.5	31	RAB	-60	180	15	21	6	8.02
GRC143		751125.1	6965126	503.77	100	RC	-60	270	97	100	3	1.22	Y
GRC177		751325	6965100	500	169	RC	-60	270	87	89	2	20.18
GRC127		751358.7	6965099	504.39	126	RC	-60	270	27	31	4	1.17
GRC127		751358.7	6965099	504.39	126	RC	-60	270	100	105	5	1.58
GRB2123		751300	6965090	500	33	RAB	-60	180	10	15	5	3.07
GRB3003		751350	6965080	500	36	RAB	-60	360	23	28	5	1.00
GRB3057		751175	6965070	500	33	RAB	-60	360	18	23	5	2.13
GRC123		751279.6	6965002	504.02	120	RC	-60	270	41	43	2	1.55
WRC011		751312	6965000	504	150	RC	-60	270	78	80	2	2.92
WRC011		751312	6965000	504	150	RC	-60	270	112	116	4	2.13

Gateway Mining Ltd Gidgee Update July 2009

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HOLE	Prospect	AGD84E	AGD84N	RL	TDepth	Type	Dip	Azimuth	From	To	Interval	Au_ppm	EOH
WRC011		751312	6965000	504	150	RC	-60	270	120	122	2	1.27
GRB2311		751375	6965000	500	56	RAB	-60	270	20	25	5	1.44
GRB2312		751400	6965000	500	34	RAB	-60	270	25	30	5	1.03
WRC012		751455	6965000	504	168	RC	-60	270	54	56	2	4.79
WRC012		751455	6965000	504	168	RC	-60	270	142	145	3	1.64
GRC130		751306.9	6964950	503.94	132	RC	-60	270	96	98	2	3.43
GRB2386		751350	6964900	500	36	RAB	-60	270	30	36	6	8.17	Y
WRC010		751400	6964900	504	246	RC	-60	270	36	40	4	1.04
GRC134		751343.9	6964875	503.72	150	RC	-60	270	86	88	2	1.41
GRB1542		751407	6964825	503.52	35	RAB	-60	90	22	25	3	1.01
GRB1541		751433	6964825	503.52	33	RAB	-60	90	30	33	3	1.09	Y
GRB1446		751453	6964800	503.42	30	RAB	-60	90	15	20	5	1.92
GRB1444		751550	6964800	503.47	33	RAB	-60	90	25	30	5	2.95
GRB1563		751553	6964775	503.29	40	RAB	-60	90	35	40	5	5.56	Y
GRC178		751500	6964730	500	177	RC	-60	270	95	100	5	5.80
GRB1430		751450	6964700	502.68	44	RAB	-60	270	25	35	10	3.02
GRB2320		751570	6964700	500	35	RAB	-60	270	30	35	5	1.02	Y

Gateway Mining Ltd Gidgee Update July 2009

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Table 2

HOLE	Prospect	AGD84E	AGD84N	RL	TDepth	Type	Dip	Azimuth	From	To	Interval	Au_ppm	EOH
GRB1662	S Bend	751075	6965200	503.55	24	RAB	-60	90	0	15	15	7.07
GRB1778	S Bend	751092	6965200	503.65	39	RAB	-60	270	18	28	10	3.54
GRB1779	S Bend	751105	6965200	503.71	47	RAB	-60	270	32	47	15	0.69	Y
GRB1776	S Bend	751100	6965175	503.71	44	RAB	-60	270	18	28	10	0.13
GRB1776	S Bend	751100	6965175	503.71	44	RAB	-60	270	33	44	11	0.43	Y
GRB1895	S Bend	751100	6965150	503.72	47	RAB	-60	270	27	37	10	0.33
GRC144	S Bend	751130.3	6965152	503.77	100	RC	-60	270	29	39	10	0.25
GRB1975	S Bend	751100	6965125	503.72	53	RAB	-60	270	25	53	28	3.13	Y
GRC143	S Bend	751125.1	6965126	503.77	100	RC	-60	270	54	77	23	1.33
GRC142	S Bend	751093	6965124	503.7	60	RC	-60	270	16	29	13	1.43
GRB1812	S Bend	751100	6965100	503.7	55	RAB	-60	270	30	55	25	0.86	Y
GRB3005	Rosie Nth	751250	6965080	500	43	RAB	-60	360	23	33	10	0.28
GRB2068	Rosie Nth	751225	6965060	500	39	RAB	-60	180	20	35	15	0.22
GRB3006	Rosie Nth	751250	6965060	500	46	RAB	-60	360	18	46	28	0.90	Y
GRC124	Rosie Nth	751218.1	6965048	503.92	78	RC	-60	270	17	75	58	0.35
GRB2067	Rosie Nth	751225	6965050	500	43	RAB	-60	180	15	30	15	0.22
GRC118	Rosie Nth	751238.7	6965048	503.96	70	RC	-60	270	19	32	13	0.30
GRC118	Rosie Nth	751238.7	6965048	503.96	70	RC	-60	270	40	62	22	2.07
GRB1903	Rosie Nth	751250	6965050	504	38	RAB	-60	270	25	38	13	0.28	Y
GRB2006	Rosie Nth	751250	6965050	500	41	RAB	-60	360	30	41	11	1.20	Y
GRB2066	Rosie Nth	751225	6965040	500	40	RAB	-60	180	20	40	20	0.25	Y
GRB3007	Rosie Nth	751250	6965040	500	41	RAB	-60	360	27	41	14	0.62	Y
GRB3061	Rosie Nth	751200	6965025	500	39	RAB	-60	270	3	25	22	0.27
GRB3062	Rosie Nth	751215	6965025	500	50	RAB	-60	270	20	50	30	0.76	Y
GRB3063	Rosie Nth	751235	6965025	500	41	RAB	-60	270	10	25	15	0.74

Gateway Mining Ltd Gidgee Update July 2009

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HOLE	Prospect	AGD84E	AGD84N	RL	TDepth	Type	Dip	Azimuth	From	To	Interval	Au_ppm	EOH
GRB3063	Rosie Nth	751235	6965025	500	41	RAB	-60	270	30	41	11	0.21	Y
GRB1908	Rosie Nth	751200	6965000	503.76	33	RAB	-60	270	16	26	10	0.18
GRC115	Rosie Nth	751219	6965002	503.78	35	RC	-60	270	5	17	12	0.25
GRC115	Rosie Nth	751219	6965002	503.78	35	RC	-60	270	21	35	14	0.38	Y
GRB1909	Rosie Nth	751225	6965000	503.78	25	RAB	-60	270	15	25	10	1.30	Y
GRC116	Rosie Nth	751233.1	6965001	503.78	55	RC	-60	270	20	45	25	1.23
GRC117	Rosie Nth	751248.7	6965002	503.86	80	RC	-60	270	21	34	13	0.30
GRC117	Rosie Nth	751248.7	6965002	503.86	80	RC	-60	270	46	61	15	1.28
GRB1910	Rosie Nth	751250	6965000	503.86	35	RAB	-60	270	25	35	10	0.24	Y
GRB3064	Rosie Nth	751200	6964975	500	41	RAB	-60	270	25	41	16	0.21	Y
GRB3065	Rosie Nth	751215	6964975	500	44	RAB	-60	270	15	25	10	0.16
GRB3066	Rosie Nth	751230	6964975	500	49	RAB	-60	270	10	25	15	0.68
GRB3067	Rosie Nth	751245	6964975	500	38	RAB	-60	270	15	38	23	0.38	Y
GRC112	Rosie Nth	751215.3	6964951	503.78	45	RC	-60	270	17	35	18	0.62
GRB1823	Rosie Nth	751225	6964950	503.8	45	RAB	-60	270	30	45	15	2.48	Y
GRC114	Rosie Nth	751245.9	6964950	503.8	70	RC	-60	270	17	40	23	1.18
GRB1824	Rosie Nth	751250	6964950	503.8	38	RAB	-60	270	18	38	20	0.67	Y
GRC129	Rosie Nth	751261.4	6964950	503.81	75	RC	-60	270	13	28	15	0.27
GRC129	Rosie Nth	751261.4	6964950	503.81	75	RC	-60	270	32	52	20	0.33
GRB3070	Rosie Nth	751240	6964925	500	44	RAB	-60	270	20	30	10	0.13
GRB3071	Rosie Nth	751255	6964925	500	35	RAB	-60	270	15	35	20	0.73	Y
GRC131	Rosie Nth	751280	6964905	503.74	85	RC	-60	270	22	56	34	0.43
GRB1771	Rosie Nth	751265	6964900	503.69	32	RAB	-60	270	20	32	12	0.23	Y
GRC111	Rosie Nth	751265.6	6964905	503.71	70	RC	-60	270	22	55	33	0.78
GRB1772	Rosie Nth	751280	6964900	503.71	32	RAB	-60	270	22	32	10	0.27	Y
GRB1773	Rosie Nth	751260	6964875	503.57	41	RAB	-60	270	22	41	19	0.48	Y
GRC107	Rosie Nth	751267.6	6964877	503.6	40	RC	-60	270	20	40	20	1.09	Y

Gateway Mining Ltd Gidgee Update July 2009

13

HOLE	Prospect	AGD84E	AGD84N	RL	TDepth	Type	Dip	Azimuth	From	To	Interval	Au_ppm	EOH
GRB1659	Rosie Nth	751272	6964875	503.59	43	RAB	-60	270	20	42	22	1.02
GRC108	Rosie Nth	751280.2	6964877	503.59	55	RC	-60	270	40	50	10	2.39
GRB1660	Rosie Nth	751287	6964875	503.6	45	RAB	-60	270	25	45	20	0.57	Y
GRC109	Rosie Nth	751293.2	6964877	503.61	80	RC	-60	270	24	42	18	0.59
GRB1547	Rosie Nth	751252	6964872	503.54	41	RAB	-60	90	20	41	21	0.58	Y
GRC105	Rosie Nth	751272.9	6964857	503.55	40	RC	-60	270	20	40	20	1.35	Y
GRC085	Rosie Nth	751234.5	6964850	503.54	70	RC	-60	90	15	35	20	0.27
GRB1551	Rosie Nth	751240	6964850	503.55	33	RAB	-60	90	20	33	13	4.34	Y
GRB1450	Rosie Nth	751257	6964853	503.6	41	RAB	-60	90	15	41	26	4.02	Y
GRC104	Rosie Nth	751219.1	6964826	503.38	90	RC	-55	90	50	70	20	0.32
GRB1611	Rosie Nth	751250	6964827	503.5	31	RAB	-60	180	6	21	15	3.39
GRB1656	Rosie Nth	751250	6964832	503.5	35	RAB	-60	180	25	35	10	0.18	Y
GRC136	Rosie Nth	751235.5	6964825	503.27	75	RC	-60	90	21	31	10	0.26
GRC136	Rosie Nth	751235.5	6964825	503.27	75	RC	-60	90	50	60	10	0.21
GRB1515		751000	6965200	503.09	20	RAB	-60	90	10	20	10	0.25	Y
GRB2306		751350	6965200	500	15	RAB	-60	270	3	15	12	0.47	Y
GRC144		751130.3	6965152	503.77	100	RC	-60	270	60	75	15	0.42
GRB1899		751200	6965150	503.94	38	RAB	-60	270	25	35	10	0.23
GRB1815		751175	6965100	503.81	36	RAB	-60	270	20	30	10	0.14
GRB1816		751200	6965100	503.87	41	RAB	-60	270	20	35	15	0.20
GRC126		751255.6	6965100	504.02	125	RC	-60	270	22	32	10	0.27
GRC126		751255.6	6965100	504.02	125	RC	-60	270	53	65	12	0.15
GRC126		751255.6	6965100	504.02	125	RC	-60	270	76	90	14	0.58
GRB1819		751275	6965100	504.09	47	RAB	-60	270	35	47	12	0.18	Y
GRC177		751325	6965100	500	169	RC	-60	270	20	35	15	0.22
GRC177		751325	6965100	500	169	RC	-60	270	84	95	11	5.73
GRC177		751325	6965100	500	169	RC	-60	270	120	135	15	0.44

Gateway Mining Ltd Gidgee Update July 2009

14

HOLE	Prospect	AGD84E	AGD84N	RL	TDepth	Type	Dip	Azimuth	From	To	Interval	Au_ppm	EOH
GRC177		751325	6965100	500	169	RC	-60	270	150	169	19	0.37	Y
GRB1905		751350	6965100	504.36	38	RAB	-60	270	20	38	18	0.42	Y
GRC127		751358.7	6965099	504.39	126	RC	-60	270	22	47	25	0.40
GRC127		751358.7	6965099	504.39	126	RC	-60	270	57	106	49	0.35
GRB1981		751375	6965100	504.45	40	RAB	-60	270	30	40	10	0.21	Y
WRC013		751400	6965100	504.5	306	RC	-60	270	65	80	15	0.38
WRC013		751400	6965100	504.5	306	RC	-60	270	155	165	10	0.32
GRB1979		751100	6965075	503.71	45	RAB	-60	270	25	45	20	0.28	Y
GRB1983		751350	6965075	504.32	37	RAB	-60	270	22	37	15	0.37	Y
GRB3003		751350	6965080	500	36	RAB	-60	360	18	36	18	0.46	Y
GRB3057		751175	6965070	500	33	RAB	-60	360	18	33	15	0.84	Y
GRB2072		751275	6965070	500	27	RAB	-60	180	15	27	12	0.36	Y
GRB2071		751275	6965060	500	18	RAB	-60	180	0	18	18	0.34	Y
GRB1902		751200	6965050	503.85	26	RAB	-60	270	6	26	20	0.19	Y
GRC125		751264.1	6965048	504.04	110	RC	-60	270	21	46	25	0.45
GRB2070		751275	6965050	500	42	RAB	-60	180	15	35	20	0.39
GRB3060		751185	6965025	500	47	RAB	-60	270	20	35	15	0.19
GRC123		751279.6	6965002	504.02	120	RC	-60	270	27	64	37	0.29
GRB1911		751300	6965000	504.05	32	RAB	-60	270	20	30	10	0.20
WRC011		751312	6965000	504	150	RC	-60	270	88	102	14	1.08
WRC011		751312	6965000	504	150	RC	-60	270	112	123	11	1.17
GRB2311		751375	6965000	500	56	RAB	-60	270	20	40	20	0.53
GRB2313		751425	6965000	500	36	RAB	-60	270	20	30	10	0.50
WRC012		751455	6965000	504	168	RC	-60	270	37	60	23	0.67
WRC012		751455	6965000	504	168	RC	-60	270	66	168	102	0.42	Y
GRB2315		751475	6965000	500	44	RAB	-60	270	30	44	14	0.50	Y
GRB2318		751550	6965000	500	35	RAB	-60	270	20	30	10	0.25

Gateway Mining Ltd Gidgee Update July 2009

15

HOLE	Prospect	AGD84E	AGD84N	RL	TDepth	Type	Dip	Azimuth	From	To	Interval	Au_ppm	EOH
GRB1825		751300	6964950	503.92	43	RAB	-60	270	25	35	10	0.15
GRC130		751306.9	6964950	503.94	132	RC	-60	270	67	78	11	1.09
GRC130		751306.9	6964950	503.94	132	RC	-60	270	95	114	19	1.05
GRB2392		751350	6964950	500	39	RAB	-60	270	20	30	10	0.56
WRC09		751350	6964950	504	198	RC	-60	270	17	28	11	0.24
WRC09		751350	6964950	504	198	RC	-60	270	86	103	17	0.28
GRB2393		751375	6964950	500	45	RAB	-60	270	30	45	15	0.47	Y
GRC132		751305.9	6964905	503.74	115	RC	-60	270	77	90	13	1.22
GRB2389		751325	6964900	500	44	RAB	-60	270	15	40	25	0.16
GRB2407		751340	6964900	500	44	RAB	-60	270	5	20	15	0.26
GRB2407		751340	6964900	500	44	RAB	-60	270	25	44	19	0.50	Y
GRB2386		751350	6964900	500	36	RAB	-60	270	25	36	11	4.57	Y
GRB2387		751375	6964900	500	46	RAB	-60	270	30	46	16	0.39	Y
GRB2388		751400	6964900	500	35	RAB	-60	270	25	35	10	0.20	Y
WRC010		751400	6964900	504	246	RC	-60	270	25	62	37	0.31
WRC010		751400	6964900	504	246	RC	-60	270	66	80	14	0.23
GRC134		751343.9	6964875	503.72	150	RC	-60	270	31	47	16	0.30
GRC094		751304.1	6964855	503.62	80	RC	-60	270	30	45	15	0.21
WRC08		751350	6964850	504	156	RC	-60	270	52	63	11	0.34
GRB1448		751353	6964852	503.63	45	RAB	-60	90	20	45	25	0.24	Y
GRB1545		751406	6964850	503.61	37	RAB	-60	90	20	37	17	0.31	Y
GRB1544		751456	6964850	503.59	35	RAB	-60	90	15	26	11	0.15
GRB1609		751371	6964825	503.52	44	RAB	-60	360	25	44	19	0.19	Y
GRB1542		751407	6964825	503.52	35	RAB	-60	90	18	35	17	0.44	Y
GRB1541		751433	6964825	503.52	33	RAB	-60	90	20	33	13	0.57	Y
GRB1540		751458	6964825	503.51	35	RAB	-60	90	25	35	10	0.30	Y
GRB1538		751510	6964825	503.48	39	RAB	-60	90	15	25	10	0.13

Gateway Mining Ltd Gidgee Update July 2009

16

HOLE	Prospect	AGD84E	AGD84N	RL	TDepth	Type	Dip	Azimuth	From	To	Interval	Au_ppm	EOH
GRC103		751243.4	6964798	503.32	80	RC	-55	90	21	45	24	0.37
GRB1610		751386	6964800	503.42	37	RAB	-60	360	7	17	10	0.11
GRB1610		751386	6964800	503.42	37	RAB	-60	360	27	37	10	0.19	Y
GRB1447		751403	6964800	503.42	41	RAB	-60	90	30	41	11	0.50	Y
GRB1560		751419	6964800	503.42	38	RAB	-60	90	20	38	18	0.32	Y
GRB1559		751438	6964800	503.42	30	RAB	-60	90	20	30	10	0.50	Y
GRB1446		751453	6964800	503.42	30	RAB	-60	90	15	30	15	0.95	Y
GRB1558		751468	6964800	503.42	35	RAB	-60	90	20	30	10	0.34
GRC122		751377.7	6964783	503.35	125	RC	-60	270	59	69	10	0.20
GRB1567		751429	6964775	503.31	33	RAB	-60	90	23	33	10	0.36	Y
GRC084		751540.1	6964775	503.31	65	RC	-60	90	50	60	10	0.17
GRB1563		751553	6964775	503.29	40	RAB	-60	90	30	40	10	2.85	Y
GRB1626		751588	6964775	503.42	33	RAB	-60	270	20	33	13	0.26	Y
GRC095		751560	6964775	503.38	50	RC	-60	90	25	40	15	0.27
GRC121		751387.5	6964744	503.17	125	RC	-60	270	57	71	14	0.57
GRB1571		751475	6964725	502.87	39	RAB	-60	270	25	39	14	0.27	Y
GRC178		751500	6964730	500	177	RC	-60	270	20	30	10	0.17
GRC178		751500	6964730	500	177	RC	-60	270	45	105	60	0.68
GRB1429		751400	6964700	502.5	50	RAB	-60	270	40	50	10	0.13	Y
GRB1430		751450	6964700	502.68	44	RAB	-60	270	25	44	19	1.86	Y
GRB1573		751465	6964700	502.74	50	RAB	-60	270	25	50	25	0.38	Y
GRB2320		751570	6964700	500	35	RAB	-60	270	20	35	15	0.55	Y
GRB1575		751450	6964675	502.58	46	RAB	-60	270	32	46	14	0.23	Y
GRB1576		751475	6964675	502.67	41	RAB	-60	270	31	41	10	0.50	Y

Gateway Mining Ltd Gidgee Update July 2009

17