Gateway Mining Limited (ASX: GML) – $0.047
23 Feb 2015
Gateway Mining Limited (ASX: GML) has commenced a High Powered Moving Loop Electromagnetic Survey at the Gidgee Copper Gold Project located approximately 600km northeast of Perth in Western Australia (Figure 1).
Figure 1. Location of Gidgee area
The survey will focus on the volcanogenic massive sulphide system that is host to The Cup copper mineralisation. The company believes the system is extensive and fertile for volcanogenic massive sulphide mineralisation, which commonly occurs in clusters with exploration focussed on areas proximal to already identified mineralisation such as at The Cup and Julia’s Fault.
The company is currently planning to commence drilling in the next 4 to 6 weeks depending on obtaining approvals and rig availability. Results from the geophysical survey will be used in planning the next drill program.
For further information, visit www.gatewaymining.com.au
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