JUNIORMETRICS

Gateway Mining Limited

GML·US$0.044 (AUD 0.063)·US$102.5M cap
GoldYandal Gold Project (Yilgarn) and Barrelmaker Project (East Murchison), Western Australia Map

Gateway Mining Limited is a Western Australian gold explorer focused on the 100%-owned, 1,780 sq km Yandal Gold Project on the eastern flank of the Yandal Greenstone Belt in the northeastern Yilgarn (JORC 2012 MRE of 8.17 Mt at 1.52 g/t Au for 400,400 oz, 100% Inferred, across the Horse Well Gold Camp and Dusk 'til Dawn centres), acquired from Strickland Metals Ltd for A$45 million in shares per the 2 Jul 2025 announcement. The company also holds the Barrelmaker Project (formerly the gold-focused Montague Project's western portion, East Murchison Mineral Field), now explored for copper-nickel-PGE and lithium potential with no disclosed gold resource -- Gateway sold Montague's gold-bearing eastern portion (~507,000-526,000 oz Au JORC resource including the Julias deposit) to Brightstar Resources for A$14 million, completed 1 Oct 2024. The company finished the March 2026 quarter with A$15.7 million in cash plus a further A$5.6 million in liquid ASX-listed securities, sufficient to fund its planned 2026 exploration program without an immediate capital raise. Andrew Bray is Executive Chairman and Richard Pugh is Chief Executive Officer.

Lifecycle Milestones

Grassroots
Resource Def.Current
PEA
PFS
Feasibility
Permitting
Construction
Production
6/10
Weak track recordStrong track record
6/10 vs.
4/10
Thin runwayWell-capitalized
4/10 vs.
How this is calculated
Not yet researched
Weaker depositStronger deposit
How this is calculated
6.6/10
Harder place to buildEasier place to build
6.6/10 vs.
What goes into it
  • Jurisdiction (40%)9/10

    Western Australia: Fraser PPI 2025 is 88.53 of 100 (rank 13 of 68), which maps to 9 on this site's scale. Western Australia -- Tier-1 mining jurisdiction.

  • Infrastructure (40%)No verified figure

    Researched with nothing found: no source we could cite confirms or rules out an existing mill, road access, grid power, or tailings facility at Yandal Gold Project, Yandal Greenstone Belt, Western Australia (checked Sep 30, 2026; recheck due Mar 29, 2027). Counts at a neutral 5/10 until one does.

  • Nearby producing mine (20%)Not yet researched

    No project coordinates on file yet, so distance to a producing mine can't be measured.

5.4/10
Weaker profileStronger profile
5.4/10 vs.
Price Chart
$0.019$0.055$0.043$0.036$0.048AugDecMarJulOct
Aug 12, 2025 – Oct 20, 2026
News
$0.044
+54.3%from low-45%from high
$0.029$0.08
$102.5M
Far belowFar above
$102.5M vs. $21.9M peer median
Price (USD - Local)
US$0.044 (AUD 0.063)
Cash Position (USD)
$7.2M
Far belowFar above
$7.2M vs. $3.3M peer median
Debt (USD)
Far aboveFar below
$0 vs. $0 peer median
$95.4M
Far belowFar above
$95.4M vs. $19.4M peer median
2.3B
Far aboveFar below
2.3B vs. 153.6M peer median
Jurisdiction
Australia
Resource-definition stage, no active mine
43.7%
0%100%
43.7% vs. 12.1% peer median
-$10.8M
Far belowFar above
-$10.8M vs. -$3.3M peer median
-$0.005
Far belowFar above
-$0.005 vs. -$0.018 peer median

Acquisition Susceptibility

How this is calculated
6/10
Unlikely bolt-onFits the takeout profile

A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.

How this score is built

  • Disclosed pending deal
    Sub-score: Not scored

    No pending acquisition or merger disclosed (checked)

    Not scored: having no deal in flight isn't held against a company.

    Weight 26.25%
  • Producer's strategic stake
    Sub-score: Not scored

    No producer holds a disclosed stake on file (holder register researched) See holders

    Not scored: most juniors that do get bought had no prior toehold, so a missing stake says little either way.

    Weight 25%
  • Distance to a producing mine
    Sub-score: Not yet researched

    Distance not yet researched: no project coordinates on file

    Distance can't be measured without coordinates, so excluded rather than counted as far.

    Weight 22.5%
  • Lifecycle stage
    Sub-score:
    3.5/10

    Stage: Resource Definition

    Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.

    Weight 15% · 57% here
  • Jurisdiction
    Sub-score:
    9/10

    Australia: jurisdiction score 9/10

    Our jurisdiction score, used as is: higher means lower political and permitting risk.

    Weight 6.75% · 26% here
  • Commodity
    Sub-score:
    10/10

    Primary commodity: Gold

    Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.

    Weight 4.5% · 17% here

Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.

Overall Score Trend
-23.9% since 2026-08-09 · -33.3% from peak

Your Rankings

Community Sentiment
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CategoryCommunityYour Ranking
Overall— (0) 
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Management Team

Executive Chairman of Gateway Mining Limited; also a non-executive director of Norfolk Metals Ltd.

Chief Executive Officer of Gateway Mining Limited.

Insiders, Investors & Smart Money

Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.

Smart money
1/10

No producer, strategic investor, or resource-specialist fund holds a disclosed stake. The company's Executive Chairman bought stock on the open market twice in the past year -- a modest, single-insider purchase.

No notable insiders tracked for this miner yet.

Reports, Presentations & Documents

Technical Report Takeaways

Gateway Mining is a Western Australian gold explorer focused on the 100%-owned Yandal gold project, about 1,780 sq km on the eastern flank of the Yandal greenstone belt, which it bought from Strickland Metals for shares in 2025. Yandal's JORC resource is entirely inferred: 8.17 Mt at 1.52 g/t for 400,400 oz of gold across the Horse Well gold camp (291,500 oz) and Dusk 'til Dawn (108,900 oz), with no measured or indicated category. In September 2026 its first reverse-circulation drilling into fresh rock at the Cowza discovery returned 41 m at 2.0 g/t gold, including 9 m at 7.5 g/t, extending Cowza's continuous high-grade strike to 4.5 km, and resource estimation work is planned. Gateway also holds the Barrelmaker project in the East Murchison, now explored for copper-nickel-PGE and lithium, after selling the gold-bearing eastern part of its Montague project to Brightstar Resources in 2024.