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Labyrinth Resources Limited ( (AU:GG8) ) has issued an update.
Gorilla Gold Mines Ltd has identified significant new gold-in-soil anomalies at its Comet Vale and Mulwarrie projects, strengthening its growth pipeline. The anomalies, discovered through ongoing soil sampling programs, highlight the potential for resource expansion and have prompted plans for further drilling. The company aims to update its Mineral Resource Estimate by Q4 2025, with a focus on doubling the resource base at Mulwarrie and unlocking camp-scale opportunities at Comet Vale.
More about Labyrinth Resources Limited
Gorilla Gold Mines Ltd is a company operating in the gold mining industry, focusing on exploration and development of gold projects. The company owns the Comet Vale and Mulwarrie Gold Projects in Western Australia’s Goldfields, strategically located near existing mining operations and infrastructure.
Average Trading Volume: 1,018,990
Technical Sentiment Signal: Buy
Current Market Cap: A$287.6M
See more data about GG8 stock on TipRanks’ Stock Analysis page.