Gorilla Gold Mines Ltd has disclosed significant updates from its exploration at the Lakeview Prospect, part of the Comet Vale Project in Western Australia. Recent reverse circulation drilling has extended high-grade mineralisation on the King Kong gold lode by 100 meters down dip. Notable intercepts include 16 meters at 3.8 g/t gold from a depth of 216 meters, 16 meters at 3.5 g/t from 280 meters, 6 meters at 4.4 g/t from just 8 meters, and 4 meters at 6.2 g/t from 148 meters. These results complement previous high-grade encounters, including a striking 19 meters at 18.1 g/t gold and 11 meters at 24.8 g/t from other holes, underlining robust discoveries along this significant structure. The Lakeview Prospect now shows thick, high-grade gold mineralisation defined over a 600-meter strike and extending to a depth of 350 meters, with the system remaining open in all directions. A newly completed soil geochemistry survey has revealed multiple parallel mineralised structures, delivering additional targets for upcoming drill programs. In response, drilling operations are set to ramp up to five rigs over the next few weeks, while drilling at the Mulwarrie Project continues with plans to finalise its maiden resource program in the coming weeks. Positioned 97 kilometers north of Kalgoorlie and adjacent to major mining infrastructure, the Comet Vale Project also benefits from historical production exceeding 200,000 ounces at high grades and a current resource estimate for Sovereign Prospect of around 95,710 ounces. Gorilla Gold Mines Ltd’s Chief Executive Officer expressed optimism by noting that recent intercepts on the King Kong structure and broader anomalies identified through the soil survey provide immediate exploration targets. The company is progressing with Phase 1 environmental surveys, metallurgical testing, and further mapping and sampling programs. Plans are also underway for a resource update at the Sovereign Prospect later this year and a maiden resource at Lakeview in the fourth quarter of 2025. Bullish sentiment is supported by the extension of high-grade mineralisation, the identification of multiple prospective targets through detailed soil geochemistry, and the rapid ramp-up of drilling activities. The company’s strategy to capitalise on historically proven production and its proximity to established mining infrastructure further underscore a positive outlook. Conversely, some bearish considerations remain due to the inherent risks of early-stage exploration, uncertainties surrounding the continuity and true widths of the intercepts, and the timeline required for upcoming drilling programs and resource updates. These factors highlight the typical challenges faced during exploration phases, tempered by the promising exploration indicators presented in the announcement.