Gateway Mining Strikes 366g Gold Nugget Haul at Untested Great Western Trend
Gateway Mining Ltd has discovered 134 gold nuggets totaling 366 grams along a 1.2km strike at its Great Western prospect, revealing a promising new gold mineralisation corridor within the Yandal Gold Project.
- 134 gold nuggets weighing 366 grams found over 1.2km at Great Western
- Nuggets coincide with a significant soil gold anomaly and new shear zone
- Gold nuggets exhibit angular shapes suggesting in situ mineralisation
- No prior drilling conducted on this historically overlooked corridor
- Gateway well funded with $12.1 million for ongoing 2025-26 exploration
Discovery Highlights New Exploration Target
Gateway Mining Limited (ASX – GML) has announced a significant find at its Great Western prospect within the Yandal Gold Project in Western Australia. The company recovered 134 gold nuggets, collectively weighing 366 grams, spread along a 1.2-kilometre strike of a previously untested structural corridor known as the Great Western splay. This haul coincides with a strong soil gold anomaly and a newly identified shear zone, bolstering the prospect’s potential for hosting substantial gold mineralisation.
Geological Context and Significance
The nuggets were primarily found along the contact between mafic and intermediate rock types, the same geological setting that hosts high-grade gold mineralisation at Gateway’s nearby Horse Well deposit. Notably, the nuggets display an angular habit and are associated with angular quartz fragments, which suggests that the gold is relatively undisturbed and likely formed in situ rather than being transported from elsewhere. This geological evidence supports the theory that the Great Western splay corridor could be a significant host for gold mineralisation near surface.
Untapped Potential in a Historically Overlooked Area
Despite its promising characteristics, this corridor has never been sampled or drilled before, largely due to extensive quartz and sheet wash cover obscuring the area. Gateway’s discovery of a large number of nuggets in this previously overlooked zone highlights a compelling new target for exploration. The company plans to undertake further soil sampling, detailed mapping, and geophysical surveys to better define the extent and grade of mineralisation before advancing to drilling.
Financial Position and Next Steps
Gateway remains well capitalised with approximately $12.1 million in cash and liquid ASX-listed securities, positioning it strongly to fund its planned exploration activities through 2025 and 2026. Upcoming work includes a wider soil sampling program to extend the anomalous gold trend towards Horse Well, and a trial 2D induced polarization (IP) geophysical survey across the peak gold anomaly. Drilling plans will be announced once these results are received and analysed.
Caution and Forward Outlook
While the visual identification of gold nuggets is encouraging, the company has not yet assayed the nuggets to confirm purity or detect trace elements. As such, the true economic potential remains to be quantified through further exploration and assay work. Nevertheless, the discovery marks a pivotal step in unlocking the gold potential of the Great Western corridor and could materially enhance the value of Gateway’s Yandal Gold Project.
Bottom Line?
Gateway’s Great Western nugget discovery opens a new chapter in Yandal exploration, with drilling results eagerly awaited.
Questions in the middle?
- What will assay results reveal about the purity and grade of the gold nuggets?
- How extensive is the mineralisation along the Great Western splay beyond the initial 1.2km strike?
- When will Gateway commence drilling to test the newly identified gold corridor?
