CFO Resignation and High-Grade Hits Pose Strategic Crossroads for Gorilla Gold
Gorilla Gold reports exceptional high-grade drill results extending beyond its recent 350,000-ounce Mulwarrie resource estimate, setting the stage for a significant resource upgrade later this year.
- High-grade drill intercepts beyond current 350koz resource
- Notable assays include 4.2m at 54g/t and 7.8m at 5g/t gold
- Mulwarrie system remains open along strike and at depth
- Next resource update planned incorporating new results
- CFO Mark Rozlapa to resign with transition underway
Exploration Breakthrough at Mulwarrie
Gorilla Gold Mines Ltd has announced a series of high-grade assay results from its extensional drilling program at the Mulwarrie Gold Project in Western Australia. These results reveal significant mineralisation beyond the boundaries of the company’s recently updated Mineral Resource Estimate (MRE) of 350,000 ounces at 3.6 grams per tonne gold, underscoring the project’s robust potential for resource growth.
The standout intercepts include a remarkable 4.2 metres grading 54 grams per tonne gold and a 7.8-metre interval at 5 grams per tonne, both drilled well beyond the current resource envelope. These assays, which were not included in the August 2025 MRE due to timing, will be incorporated into the next resource update, anticipated later this year.
Geological Context and Project Scale
Mulwarrie features multiple stacked lodes extending from surface over a 200 to 300-metre width and at least 2.5 kilometres along strike, with mineralisation remaining open to the north and south. The project lies within granted mining leases close to established gold processing infrastructure, including the Davyhurst Mill, enhancing its development prospects.
Gorilla Gold’s CEO, Charles Hughes, highlighted the significance of these extensional results, noting that they demonstrate the deposit’s continuity and high-grade nature. He emphasized that while the company’s current drilling focus is on the nearby Comet Vale Project, Mulwarrie remains a priority for further exploration and resource expansion.
Strategic Outlook and Next Steps
Gorilla Gold is planning an extensive follow-up drilling campaign at Mulwarrie to further delineate and expand the resource base. Complementary metallurgical testing and engineering studies are also underway to support future development planning. Meanwhile, assay results from remaining drill holes are expected in the coming weeks, potentially adding further value to the project.
In parallel, the company announced the resignation of its Chief Financial Officer, Mark Rozlapa, who will remain in his role until mid-November 2025 to ensure a smooth transition. The search for a new CFO is underway, signaling a period of corporate change alongside operational progress.
Overall, these developments at Mulwarrie reinforce Gorilla Gold’s position as an emerging player in the Western Australian goldfields, with multiple projects advancing towards meaningful resource upgrades and potential production growth.
Bottom Line?
Mulwarrie’s high-grade extensions could redefine Gorilla Gold’s resource profile, but investors will watch closely for the next update and CFO transition.
Questions in the middle?
- How will the new assay results quantitatively impact the next Mulwarrie resource estimate?
- What is the timeline and strategy for integrating Mulwarrie’s growth with Comet Vale’s development plans?
- Who will be appointed as the new CFO, and how might this affect Gorilla Gold’s financial strategy?
