Gateway Mining Extends Cowza Gold Strike to 4.5km with High-Grade Celia South Intercepts
Gateway Mining has stretched its Cowza gold mineralisation to 4.5 kilometres, unveiling continuous high-grade zones and reinforcing the Yandal Project’s emerging gold camp potential. Celia South also shines with a standout 9.7g/t intercept, as RC drilling ramps up to test mineralisation depth.
- Cowza gold strike extended to 4.5km with continuous mineralisation
- High-grade intercepts include 8m at 2.1g/t Au and 4m at 9.7g/t Au at Celia South
- Mineralisation remains open along strike and at depth
- RC drilling underway to test fresh rock continuity and depth
- Gateway holds $15.1 million cash and liquid securities for 2026 exploration
Cowza Gold System Expands to 4.5 Kilometres
Gateway Mining Limited (ASX:GML) has pushed the boundaries of its Cowza gold discovery within the Yandal Gold Project, extending the continuous strike length of gold mineralisation from 3.5km to approximately 4.5km. This extension, confirmed by recent aircore drilling, underscores the scale and continuity of the mineralised system, which remains open both along strike and at depth.
Key step-out drill results north of the previous footprint include intercepts such as 8 metres at 2.1 grams per tonne (g/t) gold from 84 metres (CSAC0066) and 8 metres at 1.6g/t from 80 metres (CSAC0073). These consistent grades are tied to a structurally complex mafic-intermediate contact, a geological setting Gateway associates with significant gold deposits throughout the Yandal Belt.
High-Grade Gold Confirmed at Celia South
Meanwhile, Celia South has emerged as a compelling high-grade target within the same Celia Shear Corridor, with mineralisation now defined over a 1.5km strike. The highlight here is a 4-metre intercept grading 9.7g/t gold from 60 metres (CSAC0101), confirming the presence of discrete high-grade shoots within the broader system.
This intercept, alongside other encouraging results, reinforces Gateway’s interpretation of the Celia Shear Corridor as a large-scale hydrothermal gold system marked by extensive alteration, quartz veining, and strong structural controls. The corridor is shaping up as a fertile ground for multiple gold discoveries.
Ongoing RC Drilling to Test Depth and Continuity
In parallel with the aircore success, Gateway is advancing a reverse circulation (RC) drilling program at Cowza aimed at testing the mineralisation’s continuity, geometry, and depth extent within fresh rock. These RC assays, expected next month, will provide critical insights into the grade distribution and scale beneath the extensive aircore footprint.
The company’s CEO, Richard Pugh, emphasised the significance of these results, noting that Cowza’s growth from initial discovery to a 4.5km continuous mineralised corridor is rare and highlights the emerging scale of the system. He also pointed to the geological characteristics consistent with major Yandal deposits, suggesting Gateway is only beginning to unlock the potential of this new gold camp.
Strong Financial Position Supports Exploration
Gateway enters this next phase of exploration well capitalised, with $15.1 million in cash and liquid securities at the end of the June 2026 quarter. This financial strength underpins the company’s ability to sustain its aggressive drilling programs and pursue further discoveries along the Celia Shear Corridor.
Bottom Line?
Gateway Mining’s extended Cowza strike and high-grade Celia South intercepts set the stage for a pivotal RC drilling campaign that could redefine the Yandal Project’s gold potential.
Questions in the middle?
- Will the upcoming RC assay results confirm the depth continuity and grade consistency of Cowza’s mineralisation?
- Could Celia South’s high-grade shoots translate into a new resource centre within the Yandal Project?
- How might Gateway prioritise follow-up drilling along the Celia Shear Corridor to maximise discovery potential?
