5m at 66.3g/t Au Boosts Comet Vale Resource Potential for Gorilla Gold

Gorilla Gold reports exceptional high-grade gold intercepts from step-out drilling at its Sovereign deposit, significantly extending mineralisation down-dip and along strike. This breakthrough sets the stage for a major resource upgrade at the Comet Vale Project later this year.

  • Bonanza-grade intercepts including 5m at 66.3g/t Au from 399m depth
  • Revised geological model shows high-grade shoots plunging north
  • Five rigs actively drilling multiple prospects at Comet Vale
  • Major Mineral Resource Estimate update planned for Q4 2025
  • Additional assay results and metallurgical testwork pending
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Exploration Breakthrough at Sovereign

Gorilla Gold Mines Ltd (ASX, GG8) has announced a significant exploration milestone at its 100%-owned Comet Vale Project in Western Australia. Recent step-out diamond drilling at the Sovereign deposit has delivered bonanza-grade gold intercepts, including a standout 5 metres at 66.3 grams per tonne gold from 399 metres downhole. This intercept extends the known high-grade mineralisation down-dip by 80 metres and along strike by 100 metres beyond previous drilling limits.

The results represent the best intercept recorded at Sovereign to date, substantially expanding the mineralised envelope and prompting a re-evaluation of the deposit’s geological framework. Gorilla’s geology team now interprets the high-grade shoots as plunging moderately to the north, overturning earlier assumptions of a southward plunge. This new understanding opens fresh targeting opportunities for further high-grade zones at depth.

Expanding Exploration Momentum

Beyond Sovereign, Gorilla Gold is aggressively advancing exploration across the Comet Vale Project with five rigs currently operating. Two reverse circulation rigs are testing the Silverback trend, including the Happy Jack and Cheer prospects, while three diamond rigs focus on the Lakeview discovery and extensions of the King Kong lode. The company anticipates assay results from these programs in the coming weeks, which could further enhance the project’s resource profile.

Comet Vale benefits from a rich historical production exceeding 200,000 ounces at an impressive average grade of 20 grams per tonne, with underground mining as recent as 2018. Gorilla’s recent discoveries and reinterpretations underscore the underexplored nature of the project, which hosts over 10 mineralised parallel structures extending more than one kilometre in strike length.

Looking Ahead to Resource Upgrade

The current Mineral Resource Estimate (MRE) for Comet Vale stands at approximately 96,000 ounces at 4.8 grams per tonne gold. The ongoing drilling campaign aims to underpin a substantial MRE update scheduled for the fourth quarter of 2025. This update will integrate new data from Sovereign, Sovereign North, Lakeview, and Cheer prospects, potentially reshaping the project’s economic outlook.

Additionally, metallurgical testwork is underway, and further mine studies including hydrogeology and permitting are planned to support development pathways. Gorilla Gold’s CEO, Charles Hughes, highlighted the strategic advantage of targeting high-grade gold at brownfields projects close to existing infrastructure and operating mills, positioning Comet Vale for efficient advancement.

Strategic Implications

These exploration results reinforce Gorilla Gold’s momentum in the prolific Western Australian Goldfields. The discovery of high-grade mineralisation in previously underexplored footwall positions and the revised geological model could unlock significant upside potential. With multiple rigs drilling and a major resource upgrade on the horizon, the company is well placed to enhance shareholder value and attract further market interest.

Bottom Line?

Gorilla Gold’s latest drilling success at Comet Vale sets a promising stage for a transformative resource upgrade and renewed exploration optimism.

Questions in the middle?

  • How will the revised geological model impact future drilling targets and resource classification?
  • What are the expected timelines and potential scale of the upcoming Mineral Resource Estimate update?
  • How might metallurgical testwork results influence project development and economics?