Latest Gateway Mining (ASX:GML) News

Gateway Mining Ltd has agreed to acquire Strickland Metals’ Yandal Gold Project for $45 million in shares, significantly expanding its gold resource base and exploration potential in Western Australia.

Strickland Metals has agreed to sell its Yandal Gold Project to Gateway Mining for A$45 million in equity, enabling a strategic pivot to its substantial Rogozna Project in Serbia. Shareholders will receive most of the Gateway shares through an in-specie distribution, maintaining exposure to Yandal’s future potential.

Gateway Mining Limited has agreed to acquire Strickland Metals’ Yandal Gold Project for $45 million in shares, adding a 400,400-ounce inferred gold resource to its portfolio. The acquisition, pending shareholder approvals, positions Gateway for significant exploration and development in Western Australia’s prolific goldfields.

Gateway Mining Limited has completed comprehensive airborne magnetic and geochemical surveys at its Barrelmaker Gold Project, setting the stage for targeted drilling and further exploration in Western Australia’s Sandstone region.

Gateway Mining Ltd has fortified its balance sheet through the sale of its Eastern Montague Gold Project, positioning itself for an aggressive exploration campaign in 2025 focused on the Barrelmaker Gold and Montague Range Base Metals projects in Western Australia.