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Labyrinth Resources Limited ( (AU:GG8) ) has shared an update.
Gorilla Gold has reported multiple high-grade gold intercepts from growth drilling at the Sovereign Deposit within its Comet Vale Gold Project, part of the 1.2-million-ounce North Kalgoorlie Hub. The latest results, which include several thick and high-grade intervals, highlight the significant potential to expand resources at this cornerstone asset.
The company added 1.3 million ounces of new resources across its Western Australian projects in 2025 by drilling new targets, and now has five drill rigs operating across the North Kalgoorlie Hub plus one at the Vivien Project. This intensive drilling campaign is aimed at rapidly growing Gorilla Gold’s high-grade resource base and providing the foundation for future technical and economic studies, reinforcing its growth trajectory in the region.
The most recent analyst rating on (AU:GG8) stock is a Hold with a A$0.34 price target. To see the full list of analyst forecasts on Labyrinth Resources Limited stock, see the AU:GG8 Stock Forecast page.
More about Labyrinth Resources Limited
Gorilla Gold Mines Ltd is an Australian gold exploration and development company focused on high-grade projects within Western Australia’s North Kalgoorlie Hub. Its portfolio includes the 100%-owned Comet Vale Gold Project and the Vivien Project, where it is actively drilling to expand its resource base and support future development studies.
Average Trading Volume: 1,434,275
Technical Sentiment Signal: Sell
Current Market Cap: A$249.1M
Find detailed analytics on GG8 stock on TipRanks’ Stock Analysis page.