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Labyrinth Resources Limited ( (AU:GG8) ) has shared an update.
Gorilla Gold Mines Ltd has announced a significant discovery at its Lakeview Prospect, part of the Comet Vale Project, with the identification of a new mineralised structure named the Jambo Structure. This discovery, located 200 meters north of the main King Kong structure, has shown promising gold mineralisation results, with drilling ongoing to further explore and expand these findings. The company is also planning comprehensive resource discovery and growth programs to test additional structures, which could enhance its operational capabilities and market positioning.
More about Labyrinth Resources Limited
Gorilla Gold Mines Ltd (ASX: GG8) is a mining company focused on gold exploration and development. The company operates primarily in Western Australia, with significant projects including the Lakeview Prospect and the Comet Vale Project. Gorilla Gold is actively engaged in drilling and exploration activities to identify and expand mineral resources.
Average Trading Volume: 1,810,248
Technical Sentiment Signal: Hold
Current Market Cap: A$310.5M
See more insights into GG8 stock on TipRanks’ Stock Analysis page.