Gateway Mining (ASX: GML) is a well-credentialed Australian gold company undertaking a super-charged exploration program across its camp-scale 1000km2 Gidgee Gold Project, located 800km north-east of Perth in the North Murchison region of WA.
The Gidgee Project is located central to several operating gold mines, and is well serviced by existing infrastructure.
Gateway recently delivered an updated Mineral Resource Estimate for Gidgee totaling 8.165Mt @ 1.7g/t Au for 449,000oz of contained gold in December 2021, representing an 87% increase in contained gold compared with the previous Resource estimate announced in October 2019. The Resource includes a high-grade Indicated component of 81,000oz grading 3.4g/t Au.
The updated Gidgee Resource is located predominantly within 100m from surface, representing high-quality, shallow ounces with a significant oxide component. A significant portion of the new ounces delivered in the December Resource update came from recent discoveries at the Achilles North/Airport (99,000oz) and Evermore (67,000oz) deposits, all three of which were uncovered by Gateway in completely new areas.