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Gorilla Gold Mines Ltd (ASX:GG8)

ALERT: Price-sensitive ASX Announcement for GG8
Current share price for GG8 : $0.320 -0.04 (-11.11%)+
Announcement
Release
4 May 2026 9:10AM
Price at Release
$0.360
Full Release
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Summary
Gorilla Gold Mines Ltd (GG8) has announced a significant new high-grade gold discovery at the Sovereign Deposit within its Comet Vale project, part of the North Kalgoorlie Gold Hub in Western Australia. A notable intercept of 9.3 meters grading at 20.6 grams per tonne of gold was discovered in the footwall position, which is distinct from typical mineralization in the area. This discovery is part of GG8's strategy to expand the resource base, which has grown significantly in recent years. The Comet Vale Project is strategically located with access to established infrastructure, facilitating rapid development and resource definition.
Key Points
  • Significant high-grade gold discovery at Sovereign Deposit
  • 9.3 meters at 20.6g/t Au found in a new footwall position
  • Part of the Comet Vale Project in the North Kalgoorlie Gold Hub
  • Resource base at the hub is 1.2 million ounces at 3.7 g/t Au
  • Sovereign mineralization distinct from typical styles
  • GG8's aggressive strategy to discover, define, and develop resources
  • Comet Vale strategically located near infrastructure
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.