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Business

Gateway adds huge 7km-long gold trend to existing WA gold zone

Sydney Morning Herald - Business ·
Gateway adds huge 7km-long gold trend to existing WA gold zone

Gateway Mining has kicked down the door at its historic Ward prospect, with aircore drilling defining a massive gold anomaly stretching for more than 7 kilometres along the regional-scale Celia Shear. Ward sits in the southern reaches of the company’s Yandal gold project and just 6km south of its rapidly growing Cowza discovery in WA’s highly prospective Yandal greenstone belt.

Results from the reconnaissance aircore campaign delivered high-grade hits including a best run of 4 metres assaying four grams per tonne (g/t) gold from 88m. Notably, the discovery hints strongly at a likely strike continuity between Ward and the company’s nearby 4.5km-long Cowza gold trend and its 1.5km-long Celia South gold trend along the Celia Shear, adding up to an impressive combined anomalous strike of at least 13km.

The Yandal greenstone belt sits between 40 and 80 kilometres east-northeast of the richly-endowed Wiluna-Agnew greenstone belt. In addition to Gateway’s Yilgarn ground, the belt also hosts major gold systems such as those at the Jundee, Bronzewing and Darlot gold projects.

The company’s latest aircore program at Ward was designed to test a key structural contact and its mineralisation controls. The drilling met with notable success, delivering a string of impressive results from the 7km trend. In addition to the best 4m hit at 4g/t gold, other meaningful results included 4m at 3.7g/t gold from 96m depth and 4m at 3.2g/t gold from 60m.

If the 6km-long intervening and only partially tested part of the Celia Shear between Ward and Cowza also comes up with the goods in future drilling, Gateway could be looking at a potentially continuous 19km-long mineralised trend along the Celia Shear.

What makes the discovery particularly compelling is the geological detective work behind it. Management says a review of historical drilling showed previous explorers at Ward had focused on secondary “footwall splay” structures. While those structures hosted gold, including a solid historic hit of 34m at 1.7g/t gold from 41m, Gateway believed the main prize lay in a different interpretation elsewhere.

Armed with geological insights from its recent success at the nearby Cowza discovery, the company redirected its drilling to target the primary mafic-intermediate volcanic contact, a structure it now believes is the main control on gold mineralisation in the area. Gateway’s early success in defining the 7km-long anomaly at Ward looks like solid vindication of the revised theory.

Gateway Mining chief executive officer Richard Pugh said: “Ward is developing into a compelling new gold target within our Yandal gold project, with aircore drilling now defining a 7-kilometre-long mineralised corridor supported by multiple new high-grade gold intersections and strong historic drill results.”

The Ward prospect lies just south of and along strike from Cowza, where Gateway has been busy defining what it calls a “rapidly growing gold system” over some 4.5km of strike that remains open in all directions.

Read the full article on Sydney Morning Herald - Business ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.smh.com.au — the content belongs to Sydney Morning Herald - Business.

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