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Labyrinth Resources Limited ( (AU:GG8) ) has provided an announcement.
Gorilla Gold Mines Ltd has announced a significant new shallow high-grade gold discovery at the Happy Jack Prospect within its Comet Vale Project. The discovery includes a notable intercept of 21m at 11.6g/t Au, marking a new structure parallel to historical workings. This discovery reinforces the camp-scale potential of the Comet Vale Project, which is currently undergoing extensive exploration with multiple drilling rigs. The company plans further drilling at Happy Jack and other prospects, with an updated Mineral Resource Estimate expected in Q4 2025. This development highlights the potential for a larger gold system in the area, offering significant upside for Gorilla Gold Mines.
More about Labyrinth Resources Limited
Gorilla Gold Mines Ltd (ASX: GG8) is a mining company focused on gold exploration and development. The company operates the Comet Vale Project, located in Western Australia’s Goldfields, and is engaged in a multi-rig drilling campaign to explore multiple prospects within this project.
Average Trading Volume: 1,132,905
Technical Sentiment Signal: Buy
Current Market Cap: A$242.3M
Learn more about GG8 stock on TipRanks’ Stock Analysis page.