Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Labyrinth Resources Limited ( (AU:GG8) ) has shared an update.
Gorilla Gold Mines Ltd announced further successful drilling results at its Comet Vale Project, revealing a newly discovered high-grade gold zone north of the current Mineral Resource Estimate area. The extension drilling has shown significant gold mineralization, with results indicating a promising scale for this emerging discovery. The company currently operates four drill rigs at Comet Vale, with samples undergoing lab analysis and additional resource estimations underway, highlighting the project’s growth potential. This discovery is seen as a testament to Gorilla’s strategic vision and operational execution, potentially leading to significant growth opportunities in the region.
More about Labyrinth Resources Limited
Gorilla Gold Mines Ltd is a mining company focused on gold exploration and production. The company is engaged in drilling and expanding gold zones at its Comet Vale Project, located north of Kalgoorlie, Western Australia. Gorilla Gold aims to grow its high-grade gold resource base, particularly focusing on the Sovereign Prospect, which has a significant history of gold production.
YTD Price Performance: -5.77%
Average Trading Volume: 587,934
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$137.4M
Find detailed analytics on GG8 stock on TipRanks’ Stock Analysis page.
