Gorilla Gold Mines Ltd Extends High-Grade Mineralisation at Comet Vale with Strong Down-Dip and Cheer Drill Results Ahead of Q4 Resource Update

Thursday, August 14, 2025
at
8:56 am
Article header image

Gorilla Gold Mines Ltd reports robust new drilling results at its Comet Vale Project in Western Australia. Significant high-grade intercepts at Lakeview and promising finds at the Cheer prospect extend the resource. Multiple rigs are active, with a key resource upgrade expected in Q4 2025, boosting growth prospects.

Gorilla Gold Mines Ltd has advanced its exploration program at the Comet Vale Project in the Goldfields region of Western Australia, reporting encouraging high‐grade assay results across its Lakeview and Cheer prospects. The drilling program, utilizing three diamond rigs targeting the down‐dip extension of the King Kong lode at Lakeview alongside two RC rigs along the Silverback trend, has returned notable intercepts. One diamond hole, LVEX124, recorded 11 meters at 5.5 grams per tonne gold from 366 meters, including an interval of 1.3 meters at 18.2 grams per tonne gold from 383.5 meters. At the Cheer prospect, drilling produced an 8.5‐meter intercept averaging 2.8 grams per tonne gold, bridging previous drill results to refine the broader structural interpretation. The recent results extend the mineralisation footprint by 100 meters down-dip and confirm a high-grade core within an overall strike length exceeding 1,200 meters. Historical production at Comet Vale has touched more than 200,000 ounces of gold, predominantly from the Sovereign area, and the current campaign builds on that legacy. Geological indicators point to a mineralised system associated with quartz veining, pyrrhotite, and chalcopyrite within altered ultramafic and mafic units. Metallurgical testwork further supports the project’s potential, demonstrating gold recoveries of approximately 55% via gravity methods and 97.5% by cyanide leach, processes common to regional milling operations. Company Chief Executive Officer Charles Hughes emphasized the significance of these results in understanding the full extent of the high-grade mineralisation at Lakeview, as well as the importance of incorporating structural and density data from Cheer into an updated Mineral Resource Estimate slated for release in the fourth quarter of 2025. With five drill rigs actively engaged across multiple targets, Gorilla Gold Mines Ltd is strategically positioning itself to expand its high-grade gold resource base as part of its broader development efforts across Comet Vale. From a bullish perspective, the strong assay results and the sustained drilling activity across key targets underpin the potential for significant resource expansion. The technical indicators suggest that high-grade mineralisation remains open along strike and at depth, which could enhance future resource estimates and shareholder value. However, from a bearish standpoint, there remain inherent exploration risks typical of brownfield projects, including the pending confirmation of resource extensions and the technical challenges of delineating complex mineralised zones. Investors should weigh the promising technical data against these exploration risks when considering the project’s near-term prospects.

Recent Articles