InvestSMART

Gorilla Gold Mines Ltd (ASX:GG8)

ALERT: Price-sensitive ASX Announcement for GG8
Current share price for GG8 : $0.310 -0.015 (-4.62%)+
Announcement
Release
23 Jun 2026 9:00AM
Price at Release
$0.325
Full Release
download
Summary
Gorilla Gold Mines Ltd (GG8) has reported significant progress in its exploration activities at the Comet Vale Gold Project, part of the North Kalgoorlie Hub in Western Australia. The company has been executing a robust drilling campaign that has delivered high-grade growth results, particularly at the Sovereign Deposit. Recent drilling results include several high-grade gold intersections, such as 7.6 meters at 5.1 g/t Au and 1.2 meters at 31.5 g/t Au. A new shallow gold discovery at the Lady Margaret Prospect has also been announced. The exploration strategy focuses on expanding mineral resources at Comet Vale and other areas within the hub, leveraging its aggressive approach to discovering, defining, and developing gold resources. The mineralization at Sovereign is mainly found within quartz veins associated with various sulphides and visible gold. The company plans to continue its exploration efforts with multiple drill rigs active across the site, targeting further resource growth and new discoveries.
Key Points
  • Significant high-grade growth results at Comet Vale Gold Project.
  • Ongoing drilling at Sovereign Deposit has delivered outstanding results.
  • Recent significant intersections include 7.6m at 5.1 g/t Au and 1.2m at 31.5 g/t Au.
  • New shallow gold discovery at Lady Margaret Prospect.
  • Focused on expanding resources at North Kalgoorlie Hub.
  • Mineralization associated with quartz veins, sulphides, and visible gold.
  • Multiple drill rigs active targeting resource growth and new discoveries.
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.