Resource Upgrade Looms as Mulwarrie Drilling Confirms High-Grade Gold Zones

Mulwarrie’s Growing Gold Potential

Gorilla Gold Mines Ltd has delivered another round of encouraging results from its Mulwarrie Gold Project in Western Australia, reinforcing the project's reputation as a high-grade gold system with substantial upside. Recent diamond drilling has returned multiple significant gold intercepts, including standout grades reaching 29.2 grams per tonne, well beyond the boundaries of the current Mineral Resource Estimate (MRE) of 78,700 ounces at 2.8g/t.

The latest assays, notably from hole MWEX042, reveal a series of high-grade zones over a 50-metre strike length, highlighting the multi-lode nature of the deposit. These results underscore the extensive mineralisation that starts from surface and extends over a 200-300 metre wide zone with a strike length exceeding 2.5 kilometres, remaining open to further expansion both north and south.

Strategic Location and Infrastructure Advantage

Mulwarrie’s proximity to established gold processing facilities, including the Davyhurst Mill just 10 kilometres away and the Comet Vale Project 60 kilometres distant, positions Gorilla Gold advantageously for potential near-term development. The project sits on granted mining leases, providing tenure security and operational readiness that many exploration projects lack.

Since acquiring Mulwarrie in late 2024, Gorilla Gold has consolidated tenure and accelerated exploration efforts, aiming to significantly increase both the size and grade of the resource. The current drilling campaign is part of a rapid resource growth strategy, with the imminent MRE update expected to reflect these recent high-grade intercepts and potentially elevate the project’s valuation.

Looking Ahead, Resource Upgrade and Continued Exploration

The company anticipates releasing the updated Mineral Resource Estimate within the current quarter, incorporating this final batch of assay results. However, drilling is ongoing, with 10 to 15 holes still awaiting assay results. These will target deeper extensions of the mineralisation and are expected to feed into a subsequent resource update, suggesting that the current upgrade may only capture part of Mulwarrie’s full potential.

CEO Charles Hughes expressed optimism about the project’s future, emphasizing the high-grade, multi-lode character of the deposit and the likelihood of further growth beyond the upcoming resource update. Concurrently, Gorilla Gold is advancing exploration at its Comet Vale Project, deploying multiple rigs to accelerate discovery and development efforts.

Overall, the Mulwarrie Project continues to demonstrate robust geological characteristics, including multiple stacked quartz reefs with associated sulphide mineralisation and alteration, typical of economically viable gold deposits in the region. The combination of strong assay results, strategic location, and ongoing exploration activity paints a promising picture for Gorilla Gold’s near-term growth trajectory.