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Labyrinth Resources Limited ( (AU:GG8) ) just unveiled an update.
Gorilla Gold Mines Ltd has announced significant findings from its exploration and drilling activities at the Mulwarrie Project. The company discovered new parallel gold lodes and extended high-grade gold mineralization to a 2.5km strike. These developments are expected to increase the resource estimate in the upcoming Q3 update. Gorilla is also accelerating its exploration and permitting activities at Lakeview and the Comet Vale project, with plans to deploy additional drilling rigs.
More about Labyrinth Resources Limited
Gorilla Gold Mines Ltd, also known as Gorilla, operates in the mining industry, focusing on gold exploration and extraction. The company is engaged in projects such as the Mulwarrie Project and the Comet Vale Project, located in the Eastern Goldfields of Western Australia. Gorilla is actively involved in drilling and exploration activities to expand its mineral resources.
Average Trading Volume: 1,875,228
Technical Sentiment Signal: Hold
Current Market Cap: A$316.7M
For a thorough assessment of GG8 stock, go to TipRanks’ Stock Analysis page.