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 with significant growth potential, 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 105,000m 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.

Management Profile:
Richard Pugh - CEO - Richard is a geologist with over 20 years of experience for several ASX mineral exploration companies. He was the former Technical Director of Strickland Metals Ltd and as of August last year, established himself as Chief Executive Office for Gateway Mining Ltd.

Andrew Bray - Executive Chairman - Andrew has +15 years' experience in formation, financing and development of natural resources companies, including Strickland Metals Ltd, Silver Mines Ltd, Futura Resources Ltd, amongst others. He was the former Chief Executive Officer of Strickland Metals Ltd (previous owner of Yandal Gold Project).

What are your key goals for the next 3 months?:
Define the extents of the high-grade gold mineralisation at Cowza and commence drill target testing our new Pewy target.

What are your key goals for the next 6 months?:
Resource growth across both Cowza, Pewy and our existing 400K oz Horse Well Gold Camp.

What are your key goals for the next 12 months?:
Significant resource upgrade across the entire Yandal Gold Project.

What do you think makes your company such a compelling investment?:
An experienced technical team that has delivered on multiple fronts across this project over the last several years. We have a proven exploration strategy to make new high grade gold discoveries, all within striking distance (50 kilometres) of an active mill. We have an existing resource base of 400Koz (from surface) that has significant growth potential at depth. We recently completed a capital raise for existing and new institutional professional and sophisticated investors and successfully raised $45 million (AUD). With +$60 million (AUD) now secured, we can aggressively and strategically map out this emerging multi-million-ounce gold system.