Gateway Mining Ltd

Underpinned by a large strategic landholding in one of Australia’s premier gold belts (Yandal), a rapidly growing pipeline of new discoveries and a strong balance sheet, Gateway Mining (ASX: GML) has emerged as one of the most active gold explorers in Western Australia. The company’s transformation followed its acquisition of the Yandal Gold Project from Strickland Metals (ASX: STK) in 2025, giving Gateway control of approximately 1,780km² on the eastern flank of the world-class Yandal Greenstone Belt – just 50km from Northern Star’s Jundee operations. While the Yandal acquisition came with an existing 400koz Mineral Resource at 1.52g/t Au (oxide and transitional material) with significant growth potential (underground), it was the broader opportunity presented by a Tier-1 exploration package in the heart of one of Australia’s best known gold districts that really attracted the Gateway team to the project. Less than 6km of the prospective greenstone strike within the Yandal Project – which totals more than 70km – has previously been subjected to modern exploration. Gateway has wasted no time in unlocking this opportunity. The company completed more than 160,000m of air-core drilling across the Yandal Project in the first half of 2026, resulting in a string of new discoveries including Haflinger, Hummer, Rubicon, Mustang, Great Western, Celia South and, most recently, Cowza. Following the fresh rock gold discovery at Cowza (41 metres @ 2g/t Au incl. 9 metres @ 7.5g/t Au from 105 metres), the company successfully raised $45 million AUD in capital. With the addition of it’s existing $15 million AUD bank balance, this additional capital has now allowed Gateway to attack it’s Yandal Project on several fronts. With multiple drill rigs on site, Gateway is undertaking aggressive exploration, resource growth and resource definition, with the aim of a company re-rate in 2027. Given the pipeline of targets, a proven exploration strategy and a bank balance to undertake this work, Gateway is now in a prime position to fully unlock the potential of it’s Yandal Gold Project