Gorilla Gold has reported further high-grade gold intercepts from extensional drilling at its Lakeview Prospect, revealing shallow mineralisation extending over 1000 metres along strike. Diamond drilling and environmental surveys are underway to support resource growth at the Comet Vale Project.
- High-grade shallow gold intercepts up to 11m @ 24.8 g/t Au
- Mineralisation extended over 1000m along strike at Lakeview
- Diamond drilling commenced to target shallow zones
- Multiple mineralised structures identified beyond main zone
- Environmental and metallurgical studies progressing for permitting
Extending the High-Grade Gold Footprint
Gorilla Gold Mines Ltd (ASX: GG8) has announced encouraging results from its ongoing extensional drilling program at the Lakeview Prospect, part of the Comet Vale Project located 97km north of Kalgoorlie, Western Australia. The latest reverse circulation (RC) drilling has intercepted further high-grade gold mineralisation, including shallow zones that enhance the prospect’s potential for near-surface mining.
Notably, hole LVEX041 returned 8 metres at 5.8 grams per tonne (g/t) gold from just 68 metres depth, extending mineralisation 75 metres up-dip from a previous intercept of 11 metres at 24.8 g/t Au in LVEX017. This shallow continuity is a promising development, as it opens up opportunities for more accessible extraction compared to deeper targets.
Broadening the Strike and Structural Complexity
The drilling results also demonstrate mineralisation extending over 1000 metres along strike, with intercepts such as 7 metres at 1.3 g/t Au from 201 metres in LVEX002 and 19 metres at 18.1 g/t Au in LVEX018, located 400 metres west along strike. These findings confirm the presence of multiple mineralised structures beyond the main discovery zone, suggesting a complex and extensive gold system.
Gorilla Gold has commenced diamond drilling at Lakeview, which allows for angled holes to better target shallow and structurally complex zones previously inaccessible by RC drilling. This strategic move aims to refine the geological understanding and support resource definition.
Supporting Studies and Project Context
Environmental baseline surveys and soil sampling are underway to facilitate future permitting and drill targeting. Metallurgical testwork and hydrogeological studies are also in progress, underpinning the company’s commitment to responsible development and resource optimisation.
The Comet Vale Project has a rich history, with historical production exceeding 200,000 ounces at grades above 20 g/t Au, including underground mining as recently as 2018. Gorilla Gold holds granted mining leases and is focused on rapidly expanding the high-grade resource base leveraging both historical data and new drilling results.
Outlook and Next Steps
With ongoing drilling at Lakeview and the nearby Mulwarrie Project, Gorilla Gold is poised to accelerate resource growth. Additional rigs will be deployed to Lakeview once current programs conclude, reflecting its status as the company’s priority target. The company also plans resource updates for Lakeview and Sovereign prospects later in 2025.
CEO Charles Hughes highlighted the significance of intercepting shallow mineralisation near surface and the potential for further discovery along multiple parallel structures. Pending assay results and continued drilling will be key to confirming the scale and grade continuity of this emerging gold system.
Bottom Line?
Gorilla Gold’s expanding shallow high-grade intercepts at Lakeview signal a promising path toward resource growth and potential near-term development.
Questions in the middle?
- How will pending assay results influence the updated resource model for Lakeview?
- What is the timeline for environmental permitting and potential mine development?
- Can diamond drilling confirm the true widths and structural controls of the mineralisation?