Labyrinth Resources Limited ( (AU:GG8) ) has issued an update.
Gorilla Gold Mines Ltd is advancing its exploration efforts at the Comet Vale Project, located 97km north of Kalgoorlie, Western Australia. The company focuses on high-grade gold mineralization, with ongoing drilling at the Lakeview and Sovereign Prospects, part of a larger strategy to expand its gold resource base. Recent drilling results have shown promising high-grade gold intercepts, indicating continuity of mineralization at these sites. The Comet Vale Project, historically productive, offers significant growth potential, with Gorilla Gold aiming to enhance its resource estimates and capitalize on the favorable geology and existing infrastructure.
More about Labyrinth Resources Limited
YTD Price Performance: 50.0%
Average Trading Volume: 788,579
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$218.9M
See more data about GG8 stock on TipRanks’ Stock Analysis page.