Gateway Mining (ASX: GML) is preparing to undertake its first significant exploration activity at its newly acquired Glenburgh South gold project in Western Australia.
The company has engaged MAGSPEC Airborne Surveys to undertake a high-resolution airborne magnetic and radiometric survey across 46,728 line kilometres at a 50m spacing, covering a total of approximately 620 sq km.
The survey will examine the whole project, with the subsequent data to support mapping of key structural trends and zones of alteration in the lead-up to the conducting of geological and surface geochemical programs in 2026.
Identical Structures
The company moved to acquire an 80% in the project in mid-September in an area garnering much recent interest—in particular Benz Mining’s (ASX: BNZ) neighbouring 510,100-ounce Glenburgh gold project.
Gateway believes Glenburgh South hosts an identical structure to the Benz project, along with a 13km historical gold surface geochemistry anomaly that it plans to follow up.
Previous exploration of the area by Normandy in 1994-95 confirmed the area’s potential, and identified a series of significant gold anomalies from stream sediment samples.
Samples with gold grades up to 6.6 parts per billion are similar to those from stream sediment samples at the Glenburgh deposit.
Yandal Holes Completed
Meanwhile, Gateway has completed around 9,000m of its panned 44,000m aircore drilling program at the Mustang-Pony target within its Yandal project, also in WA.
The company is searching for a lithological contact similar to the one that hosts high-grade gold mineralisation at the nearby Horse Well project, with drilling is also chasing intrusive contacts at Pony, Colt, and Haflinger.
Gateway has also drilled the first diamond hole out of a total 4,600m program at the Comanche target, and expects to complete a second hole there before the end of the year.
The diamond rig has now moved to Haflinger, where two scissor holes will target a 1km-wide induced polarisation anomaly.
