Gateway Mining holds interests in approximately 140km2 of tenements in the Gidgee area, located 600km northeast of Perth. These tenements are located over a world class mineral deposit setting- a Volcanic Arc Extensional Basin in the Gum Creek Greenstone Belt of the Archean Yilgarn Craton. The Yilgarn Craton is one of the worlds premiere terrains for Orogenic gold.
Historically the Gidgee area has produced around 1.5million ournces of gold, including production from shallow oxide open pits within the Company’s Airport Central tenements. To date Gateway has enjoyed significant exploration success in the project area, predominantly on shallow gold targets which was the original focus by Gateway.
The discovery of The Cup copper mineralisation changed the focus of Gateway from a gold explorer to base metals. Additional indentification of the Gossans Galore and Gravel Pit areas has confirmed the area’s prospectivity for Volcanogenic Massive Sulphide (VMS) deposits.
Some historic exploration success for Gateway includes:
- The Cup, Copper zone – e.g. 27m @ 1.55% Cu fr 87m
- Julia’s fault, gold zone – e.g. 17m @ 1.28g/t Au fr 54m
- Bevan, VMS – e.g. 10m @ 1.32% Cu, 0.65% Zn & 9.31g/t Ag fr 43m
- Multiple mineralised trends identified & extents traced