Brought to you by BULLS N’ BEARS
Andrew Todd
Gateway Mining has unveiled a substantial new gold discovery at its Yandal gold project near Wiluna in Western Australia, revealing a broad 52 metre aircore hit at its Haflinger prospect running 1.4 grams per tonne (g/t) gold from a depth of just 64 metres.
The Haflinger discovery emerged from wide-spaced, shallow aircore along the company’s regional-scale Celia Shear structure, tapping into the same fertile structure that hosts the company’s existing 400,400-ounce, high-grade gold resource.
The broad hit included a higher-grade section of 12m going 3.1g/t gold from the mafic contact structure, confirming a consistent high-grade gold zone of at least 500m of strike.
The mineralisation remains open to the south, where the contact appears to flex, generating dilation zones that are ideal for trapping gold-bearing fluids.
The company says its magnetic data shows the flexure extends another 400m south of the 52m hit and will be tested in upcoming drill lines as the rigs mobilise.
‘The result of 52m @ 1.4g/t gold, including 12m @ 3.1g/t gold, is an outstanding new discovery from the aircore drilling.’
Gateway Mining Executive Chairman Andrew Bray
Haflinger lies within the broader Mustang-Pony trend, where Gateway says previous rotary air blast drilling had halted by transported cover in the top 50m, missing the underlying sheared contact and leaving the system effectively untested.
Gateway’s aircore blitz, however, did push into the top of the fresh rock in the area, with assays pending from another hole at Haflinger that probed deeper below the discovery intercept and finished squarely in the target.
Two rigs are gearing up to restart shortly, with one focused on infill drilling at Haflinger to map the contact more precisely ahead of a reverse circulation follow-up. At the same time, the second rig will step out systematically to the south along the Mustang shear.
Gateway Mining executive chairman Andrew Bray said: “The result of 52m @ 1.4g/t gold, including 12m @ 3.1g/t gold, is an outstanding new discovery from the aircore drilling. Most importantly, this isn’t an isolated result – it builds substantially on the two bottom-of-hole results we released earlier in the week, both of which returned high-grade gold within the key mafic-intermediate contact structure.”
Bray believes that the geology is becoming more favourable as drilling moves southwards, with gold mineralisation sitting in a highly promising setting created by flexures along the mafic-intermediate contact.
The Yandal project covers a stonking 1780 square kilometres of prime Yandal greenstones, 85km northeast of Wiluna and just 40km from Northern Star’s prolific multi-million-ounce Jundee operation.
The project already hosts an 8.17 million tonne resource grading 1.52g/t gold for 400,400 ounces across the company’s Horse Well and Dusk ’til Dawn deposits.
Drilling along more than 8km of the known Mustang-Pony trend has consistently bracketed the key shear zone that connects Horse Well and Dusk ’til Dawn.
The Mustang shear’s flexures and structural complexity – especially in the underexplored southern area where it converges with the Celia Shear – appear to have created prime structural traps ripe for hosting large-scale gold systems.
With some $13 million in cash and liquids, topped up by a $22.5 million capital raise last year, Gateway’s 2026 exploration blitz is already off to a barnstorming start.
Gateway’s stars seem to be aligning for a big year, with broad discoveries already emerging at Haflinger and from the 90km of unexplored new gold trends expanding across the company’s ground.
Is your ASX-listed company doing something interesting? Contact: mattbirney@bullsnbears.com.au
