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Gateway announces encouraging drill results in NSW.

Asia Africa Intelligence Wire

| October 02, 2002 | COPYRIGHT 2002 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From AAP News)

PERTH, Oct 2 AAP - Gateway Mining NL has released encouraging drill results from its Cowra project in New South Wales. Grades as high as 25.3 grams per tonne were reported from the Nasdaq gold-copper prospect in the Lachlan Fold Belt, indicating Nasdaq is part of a larger system. "The results indicate that Nasdaq is part of a large system that warrants further drill testing at depth and along strike," Gateway said in a statement. Previously reported results from reverse circulation drilling that intersected gold and copper at shallow depths included 4 metres at 4.9 gpt gold and 0.17 per cent copper and 16m at 0.16 gpt gold and 0.16 per cent copper. Gateway said hard rock conditions prevented ...

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