Gateway Mining (ASX:GML) has resumed exploration at its Yandal Gold Project in Western Australia, with two aircore rigs now on site.
The company is accelerating drilling to define the Haflinger discovery ahead of follow-up RC programs.
Early results from Haflinger include 2m at 3.4 g/t Au and 4m at 2.9 g/t Au in the first two holes, while a third hole returned 52m at 1.4 g/t Au, including 12m at 3.1 g/t Au
Mineralisation remains open to the south, where geology is increasingly favorable.
Gateway’s Executive Chairman, Andrew Bray, said the first aircore rig will carry out closer-spaced drilling along the known structure, while the second rig tests the Mustang trend southwards, a structurally complex area with historical anomalism.
The company aims to complete first-pass drilling at Mustang before beginning RC drilling in just over six weeks, initially targeting the Great Western area, which shows extensive surface gold anomalism and abundant nuggets.
Following the receipt of aircore assay results from the Mustang-Celia shear corridor, RC programs will move to Haflinger and any other promising discoveries.
At the time of reporting, Gateway Mining’s share price was $0.072.