Bulls N' Bears with Matt Birney
Sep 3, 2026 · 3 min · 4 segments
**Gateway Mining: Bingo – it extends into the fresh rock…in a big way!** ASX-listed **Gateway Mining Chief Executive Officer Richard Pugh** talks to Matt Birney on Bulls N’ Bears about Gateway’s…
Matt BirneyHost
Richard PughGuest
Okay, so Gateway Mining is chasing gold in the Yandul Belt of WA on a big regional structure called the Celia Shear, an area that appears to have been misinterpreted geologically for some years, but not anymore.
Gateway has been poking air core holes into the Celia Shear since June with some solid success, and now, in its very first attempt to drill into the fresh rocket depth with an RC rig, the bingo light has gone off at a prospect called Okay, Richard, we'll get into that big RC drill hit in a minute.
Yeah, so historically at Cowza, a lot of the drilling was drilled in the 90s and it sort of tested the footwall position.
So our understanding from our drilling that we did at Horsewell, which is our resource base to the north, really sort of pointed that we needed to test the mafic and intermediate contact to the east.
And as you quite rightly pointed out, we've defined over four and a half kilometres of high-grade oxide gold mineralisation.
Yeah, so it's a fantastic result from the first results we got back from the RC.
So it's 41 metres at two grams per tonne gold from 104 metres, including nine metres at seven and a half grams per tonne gold in fresh rock.
So how did that RC hole correlate with the air core drilling? Does it help solve the overall geological puzzle or is it a completely new zone?
So the drilling above it, from one of the air core holes, intersected 16 metres at 1.3.
So this really sort of reaffirms and shows the true width of the shear zone and demonstrates that for the rest of the four and a half kilometres of strike, it's sort of likely to intersect sort of similar high-grade mineralisation at depth.
About two kilometres to the north of that big RC hole, I see you hit a 52 metre stretch of gold mineralisation, but only very low grade at 0.3.
Okay, so Gateway Mining is chasing gold in the Yandul Belt of WA on a big regional structure called the Celia Shear, an area that appears to have been misinterpreted geologically for some years, but not anymore.
Gateway has been poking air core holes into the Celia Shear since June with some solid success, and now, in its very first attempt to drill into the fresh rocket depth with an RC rig, the bingo light has gone off at a prospect called Okay, Richard, we'll get into that big RC drill hit in a minute.
Yeah, so historically at Cowza, a lot of the drilling was drilled in the 90s and it sort of tested the footwall position.
So our understanding from our drilling that we did at Horsewell, which is our resource base to the north, really sort of pointed that we needed to test the mafic and intermediate contact to the east.
And as you quite rightly pointed out, we've defined over four and a half kilometres of high-grade oxide gold mineralisation.
Yeah, so it's a fantastic result from the first results we got back from the RC.
So it's 41 metres at two grams per tonne gold from 104 metres, including nine metres at seven and a half grams per tonne gold in fresh rock.
So how did that RC hole correlate with the air core drilling? Does it help solve the overall geological puzzle or is it a completely new zone?
So the drilling above it, from one of the air core holes, intersected 16 metres at 1.3.
So this really sort of reaffirms and shows the true width of the shear zone and demonstrates that for the rest of the four and a half kilometres of strike, it's sort of likely to intersect sort of similar high-grade mineralisation at depth.
About two kilometres to the north of that big RC hole, I see you hit a 52 metre stretch of gold mineralisation, but only very low grade at 0.3.
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