Hatherly couldn't hang with the pace set by Gaze, who pumped his fists as he crossed the line after an hour and 17 minutes out on course.
Gaze's victory was supplemented by a strong performance by fellow Kiwi rider Ben Oliver, who hung with the leaders throughout the first half of the race, before eventually finishing 2.12 back in ninth place. His brother, Craig Oliver, finished in 37th, while the other New Zealander in the race, Jack Compton, did not finish.
The man who beat Gaze at the 2014 Commonwealth Games, Anton Cooper, is the only New Zealander in action in tomorrow's men's elite cross-country race, while Samara Sheppard is the sole Kiwi representative in the women's field.
The world championships end on Sunday with the elite and junior downhill event, with 17 Kiwi riders set to take part.