Gateway Mining has again stretched the boundaries of its rapidly emerging Cowza gold discovery, adding another kilometre of high-grade strike to deliver an impressive 3.5-kilometre mineralised system at its Yandal gold project in Western Australia.

The latest wide-spaced air-core drilling has confirmed strong continuity of gold mineralisation along every drill traverse completed to date, with standout intercepts including 4 metres grading 11.1 grams per tonne (g/t) gold from 72m, 8m at 3.1g/t gold from 76m and 4m at 3.3g/t gold from 80m.

Barely a week after tripling the strike to 2.5 kilometres, Gateway has already pushed Cowza another kilometre farther, reinforcing the view that the discovery is still in rapid growth mode. Cowza’s strike is expanding almost as quickly as Gateway can drill it.

Cowza sits on the contact between mafic and intermediate volcanic rocks within a 4.5km structural corridor showing strong demagnetisation, shearing and alteration – all classic hallmarks of a fertile gold system. Management believes the consistency of the geological signatures presents as a blueprint for further discoveries with the prospect of contacts and major regional shears repeatedly combining to host additional gold mineralisation across the project.

‘The growing body of evidence suggests Cowza has the potential to become a significant gold discovery within the Yandal Project.’Gateway Mining chief executive officer Richard Pugh

Adding to the intrigue, a further 1km of drilling north of the current assay area has already intersected the same favourable shearing, veining and alteration, suggesting the discovery could continue its march northwards. Assays for those holes are pending as Gateway continues testing extensions to the rapidly growing system.

Gateway Mining chief executive officer Richard Pugh said: “The rapid growth of the Cowza system continues to exceed expectations, with gold mineralisation now defined over an impressive 3.5 kilometre strike length and remaining open in multiple directions.”

Gateway is now stepping on the accelerator. A second reverse-circulation (RC) rig is arriving on site this week and will be dedicated entirely to Cowza as the company moves to define the rapidly expanding scale and continuity of the fresh-rock mineralisation. The first RC rig is already drilling at the Haflinger discovery, further north within the project area.

Cowza is joining a rapidly expanding pipeline of discoveries across Gateway’s almost 100 kilometres of prospective gold trends, including Haflinger, Hummer, Mustang, Rubicon and Celia South, creating one of the more compelling exploration stories in the Yandal belt.

Several discoveries are now advancing into fresh-rock RC drilling, reflecting Gateway’s shift from making new discoveries to defining their scale and potential.

The company’s flagship Yandal project, about 85km north-east of Wiluna in the state’s prolific Yandal Greenstone Belt, already hosts a JORC resource of 8.17 million tonnes grading 1.52 grams per tonne (g/t) gold for 400,400 ounces centred on the Horse Well gold camp and Dusk ’til Dawn deposit.

The project sits 30km south of Northern Star Resources’ long-running Jundee gold operation, highlighting both the district’s capacity to host long-life, high-grade gold systems and the strategic advantages of exploring in an established mining province.

Gateway is well funded to aggressively pursue its exploration strategy, reporting $15.7M in cash and $5.6M in liquid ASX-listed securities at the end of the March quarter.

Cowza has already evolved from an encouraging aircore anomaly into one of the fastest-growing discoveries in Gateway’s Yandal portfolio. With another kilometre of drilling awaiting assays, two RC rigs chasing fresh-rock mineralisation and the system still open in multiple directions, it has given itself every opportunity to keep expanding what is increasingly shaping up as a significant new gold system.

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