Key points
- High-grade Lakeview extension with 7.0m @ 12.6g/t Au from 392.7m in LVEX173
- Underground mining permit received for the Sovereign Deposit
- Excellent metallurgical test results with 94.6% average gold recovery
Full summary
Gorilla Gold Mines Ltd has announced significant updates from its Comet Vale Gold Project in Western Australia. Drilling at the Lakeview deposit has intersected high-grade mineralisation with 7.0m @ 12.6g/t Au from 392.7m in LVEX173, extending the deposit at depth. The company has also received the final permit for underground mining at the Sovereign Deposit, which contains 410,000 oz of gold at 4.2 g/t Au. Additionally, metallurgical test work results from all deposits at Comet Vale have shown excellent recoveries, with an average of 94.6% gold recovery after 48 hours of leaching. Drilling continues across the North Kalgoorlie Hub and Vivien Project targeting further resource growth.
Outlook
The company continues to explore and develop its North Kalgoorlie Hub, with ongoing drilling expected to provide further positive results.