
Gateway Mining starts RC drilling at Yandal Project
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- Gateway Mining has commenced reverse circulation drilling at its Yandal Gold Project in Western Australia.
- The company share price remained unchanged at $0.048 following the announcement.
- Drilling aims to establish the mineralisation footprint before initiating resource growth programmes later this year.
Gateway Mining (ASX:GML) has started reverse circulation drilling at its Yandal Gold Project in Western Australia.
The programme follows extensive aircore drilling across key structural targets that will wrap up by late July.
"One RC rig is currently drilling on site," said Gateway Mining CEO Richard Pugh.
Initial drilling targets the Haflinger prospect, following a previous result of 64m at 1.2 grammes per tonne of gold.
Following the announcement, the Gateway Mining share price was unchanged at $0.048.
The company stated that a third drilling rig may be added this quarter to expedite exploration plans.
Gateway reported holding $5.6 million in liquid securities as of March.