High Grade Zone at Sovereign Grows

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Stock GG8.ASX (GG8.ASX)
Release Time 29 May 2026, 9:58 a.m.
Price Sensitive Yes
 GG8.ASX Announces High-Grade Gold Hits at Sovereign Deposit
Key Points
  • Multiple high-grade gold intercepts at Sovereign Deposit
  • Significant extension of high-grade zones
  • Ongoing growth drilling across North Kalgoorlie Hub
Full Summary

Gorilla Gold Mines Ltd (GG8.ASX) has reported significant high-grade gold intercepts from ongoing drilling at the Sovereign Deposit within its Comet Vale Gold Project in Western Australia. The results include multiple high-grade zones, such as 3.8m @ 21.0g/t Au and 2.1m @ 24.8g/t Au, which extend the existing mineralisation zones. The company is optimistic about the potential for further resource growth as drilling continues. The North Kalgoorlie Hub, which includes the Comet Vale Project, has a current resource of 1.2Moz @ 3.7g/t Au and is rapidly expanding with ongoing exploration and drilling activities.

Outlook

The company anticipates further significant resource growth in 2026, with five rigs operating across the North Kalgoorlie Hub and one rig at the Vivien Project.