Labyrinth Resources Limited ( (AU:GG8) ) has shared an announcement.
Gorilla Gold Mines Ltd announced significant exploration successes in the March 2025 quarter, including major discoveries at the Lakeview Prospect and new lode discoveries at the Sovereign North Prospect and Mulwarrie Project. The company also reported a maiden Mineral Resource Estimate for the Vivien Project and raised AUD$25 million through an oversubscribed placement, positioning itself to accelerate its growth strategy. The company’s operations have expanded with increased drilling activities and resource growth, further solidifying its position in the high-grade gold sector.
More about Labyrinth Resources Limited
Gorilla Gold Mines Ltd is a high-grade gold growth company operating in the Eastern Goldfields of Western Australia. The company focuses on exploring and developing gold projects, with a strategy to rapidly grow and advance high-grade gold assets.
YTD Price Performance: 82.69%
Average Trading Volume: 1,502,910
Technical Sentiment Signal: Sell
Current Market Cap: A$297.8M
For an in-depth examination of GG8 stock, go to TipRanks’ Stock Analysis page.