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Labyrinth Resources Limited ( (AU:GG8) ) has provided an announcement.
Gorilla Gold Mines Ltd has completed its maiden drilling program at the Mulwarrie Project and is now focusing on updating the Mineral Resource Estimate (MRE) with expectations of a significant upgrade in contained ounces and grade. The company is also accelerating exploration and growth drilling at the Comet Vale Project, with multiple rigs deployed to extend mineralization and update the MRE by Q4. These efforts are aimed at enhancing Gorilla Gold’s operational capacity and strategic positioning within the gold mining industry.
More about Labyrinth Resources Limited
Gorilla Gold Mines Ltd (ASX: GG8) is a company operating in the mining industry, focusing on gold exploration and development projects. Its primary projects include the Mulwarrie and Comet Vale Projects located in Western Australia, with a strategic focus on increasing mineral resource estimates and enhancing exploration activities.
Average Trading Volume: 1,561,235
Technical Sentiment Signal: Hold
Current Market Cap: A$257.5M
See more insights into GG8 stock on TipRanks’ Stock Analysis page.