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An update from Labyrinth Resources Limited ( (AU:GG8) ) is now available.
Gorilla Gold Mines Ltd has announced promising results from initial metallurgical testwork at the Comet Vale Gold Project, indicating exceptional gold recoveries using conventional extraction methods. The company plans to expand its testwork program across other prospects within the project, aiming to establish a maiden Mineral Resource Estimate by Q4 2025. This development is part of Gorilla Gold’s strategy to target high-grade gold at brownfields projects, leveraging existing infrastructure to enhance exploration potential.
More about Labyrinth Resources Limited
Gorilla Gold Mines Ltd is a company operating in the gold mining industry, focusing on high-grade gold exploration and production. The company is engaged in projects such as the Comet Vale Gold Project in Western Australia, which is located near multiple gold mills and has a history of significant gold production.
Average Trading Volume: 1,331,124
Technical Sentiment Signal: Buy
Current Market Cap: A$271.4M
For an in-depth examination of GG8 stock, go to TipRanks’ Overview page.