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Labyrinth Resources Limited ( (AU:GG8) ) has provided an update.
Gorilla Gold Mines Ltd has announced positive metallurgical test results from its Mulwarrie Gold Project, achieving an average gold recovery of 93% from recent drilling samples. The company is advancing its resource growth drilling with two rigs at Mulwarrie and three at Comet Vale, aiming to expand its mineral resource estimates and increase the indicated resource component, which could significantly enhance its industry positioning and stakeholder value.
More about Labyrinth Resources Limited
Gorilla Gold Mines Ltd is a company operating in the gold mining industry, focusing on exploration and development projects. Its primary projects include the Mulwarrie and Comet Vale projects located in Western Australia’s Goldfields, with a market focus on expanding its mineral resource estimates and increasing gold production.
Average Trading Volume: 1,265,986
Technical Sentiment Signal: Hold
Current Market Cap: A$269.7M
For detailed information about GG8 stock, go to TipRanks’ Stock Analysis page.