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Gorilla Gold Secures Full Control of Comet Vale with $3M Option Exercise
6:37am on Monday 2nd of June, 2025 AEST
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Mining
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Gorilla Gold Secures Full Control of Comet Vale with $3M Option Exercise
6:37am on Monday 2nd of June, 2025 AEST
Key Points
Gorilla Gold increases ownership in Comet Vale Project from 51% to 100%
Acquisition involves a $3 million cash payment expected to complete within weeks
Comet Vale hosts a mineral resource estimate of approximately 96,000 ounces at 4.8 g/t gold
Recent drilling at Sovereign and Lakeview prospects has yielded new discoveries
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Gorilla Gold Mines (ASX:GG8)
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