Gorilla Gold Mines Expected to Continue to Define High Grade Ounces at Western Australia Gold Project, Euroz Hartleys Says

MT Newswires Live

Apr 08

Gorilla Gold Mines (ASX:GG8) is expected to continue to define high-grade ounces, given growth at depth is clearly evident at the Comet Vale project in Western Australia, Euroz Hartleys said in a note on Wednesday.

It encountered high-grade gold mineralization at the project, with an intercept of 10.6 meters at 7.1 grams per tonne grade of gold from 353 meters.

Ore from the Comet Vale project could displace the majority of the ore currently being supplied to nearby mills located within a 100-kilometer radius.

The investment firm maintained its speculative buy rating on Gorilla Gold Mines and kept its AU$0.80 per share price target.

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