Lakeview King Kong Lode Extended 150m with 10.3g/t Gold Intercept

Exploration Momentum Builds at Comet Vale

Gorilla Gold Mines Ltd (ASX, GG8) has reported a significant step forward in its exploration program at the Comet Vale Gold Project in Western Australia. The company has successfully extended the high-grade King Kong lode at the Lakeview Prospect by 150 metres down-dip, confirming the continuity of a robust gold mineralised system. This extension was highlighted by a standout intercept of 6 metres grading 10.3 grams per tonne gold, reinforcing the prospect’s potential as a key growth driver within the project.

Alongside this, drilling has revealed new mineralised structures adjacent to the main lode, with hanging-wall and footwall zones returning encouraging grades. These findings suggest the presence of multiple parallel mineralised veins, which could substantially increase the overall resource footprint as further drilling progresses.

Silverback Trend Emerges as a New Focus

Beyond Lakeview, Gorilla Gold’s maiden regional drilling along the 5-kilometre Silverback Trend has uncovered shallow gold mineralisation between the Cheer and Happy Jack prospects. Intercepts such as 2 metres at 4.8 grams per tonne gold demonstrate the trend’s promise as a continuous mineralised corridor. Given the Silverback Trend’s underexplored status and favourable structural setting, it represents a compelling target for future resource expansion.

The Silverback shear zone is part of a broader 10 by 3 kilometre structurally complex and mineralised zone at Comet Vale, which hosts multiple prospects including Sovereign and Lakeway. Historical mining activity has largely focused on the Sovereign deposit, leaving significant exploration upside across the project’s extensive landholding.

Multi-Rig Drilling Campaign Accelerates Resource Growth

Gorilla Gold is currently operating four drill rigs across Comet Vale, targeting both resource growth and new discovery opportunities. Three diamond rigs are focused on extending the Lakeview King Kong lode at depth, while reverse circulation drilling is testing the Silverback Trend and other prospects such as Cheer, Sovereign North, and Happy Jack. The company anticipates a steady flow of assay results in the coming weeks, which will feed into a comprehensive Mineral Resource Estimate update scheduled for the fourth quarter of 2025.

Metallurgical testwork from Lakeview has confirmed excellent gold recoveries using standard gravity and cyanide leach processes, supporting the project’s development potential. Additionally, ongoing geophysical and geochemical programs aim to refine drill targets and unlock further mineralised zones within the camp-scale system.

Strategic Outlook and Market Implications

CEO Charles Hughes emphasised the scale and quality of the Comet Vale system, noting that recent drilling successes are just the beginning of what could be a substantial resource growth phase. The company’s methodical approach to expanding known deposits while exploring new structural corridors positions Comet Vale as a potentially significant gold camp in the Eastern Goldfields region.

With historical production exceeding 200,000 ounces at high grades and multiple prospects still open at depth and along strike, Gorilla Gold’s ongoing exploration could materially enhance the project’s value. Investors will be watching closely as the company advances towards its Q4 resource update and further assay results.