Gateway Mining Unveils 52m @ 1.4g/t Au at Haflinger, Drilling Expands

Gateway Mining Revives Exploration at Yandal

Gateway Mining Limited (ASX – GML) has reignited its exploration efforts at the Yandal Gold Project in Western Australia, deploying two aircore rigs to probe key shear structures known as Celia and Mustang. This move follows encouraging early results from the Haflinger discovery, where gold mineralisation has been intersected over an impressive 500-metre strike length.

Executive Chairman Andrew Bray highlighted the strategic acceleration of drilling activities to better define the Haflinger zone ahead of planned reverse circulation (RC) drilling. Notably, recent aircore holes have returned standout intercepts, including a 52-metre section grading 1.4 grams per tonne gold, with a higher-grade 12-metre segment at 3.1 grams per tonne. These results suggest a robust mineralised system that remains open to the south, indicating further upside potential.

Systematic Testing of Mustang and Great Western

While one rig focuses on infill drilling around Haflinger to tighten the understanding of the mineralised structure, the second rig is systematically exploring the Mustang shear zone. Mustang shares geological similarities with Haflinger, including complex deformation and historic anomalous gold results, though previous drilling struggled to penetrate the depletion zone effectively. Gateway is optimistic about uncovering new discoveries here that could mirror Haflinger’s promise.

Looking ahead, Gateway plans to commence RC drilling in just over six weeks, initially targeting the Great Western area. This site has shown widespread surface gold anomalies and abundant gold nuggets, underscoring its potential as a significant new zone. Once aircore assay results from Mustang and the broader Celia shear corridor are received, the company intends to extend RC drilling to Haflinger and any other promising targets.

Financial Position Supports Aggressive Exploration

Gateway Mining enters this phase of exploration well funded, with approximately $13.1 million in cash and liquid ASX securities at the end of the September quarter, supplemented by a $22.5 million capital raise completed thereafter. This strong financial footing provides the company with the flexibility to pursue its 2026 drilling programs aggressively and respond swiftly to emerging opportunities.

The renewed drilling campaign at Yandal underscores Gateway’s commitment to unlocking value from its extensive landholding in a prolific gold region. With multiple shear zones under active investigation and high-grade intercepts already in hand, the company is positioning itself for a potentially transformative year ahead.