GG8 recently raised approximately A$31.7 million.

On completion of the Placement, Gorilla will have an estimated pro-forma cash position of approximately A$42m1 ensuring it is well-funded to execute ongoing drilling campaigns across its key WA gold assets

The funds raised will allow Gorilla to maintain resource growth and exploration drilling momentum across its high-grade Comet Vale, Mulwarrie and Vivien gold projects which are strategically located in close proximity to a number of operating mills

A 4-rig drilling campaign is ongoing at Comet Vale to unlock the camp-scale opportunity across Gorilla’s Lakeview, Cheer, and Sovereign North prospects while also undertaking growth drilling at Lakeview, ahead of a project-wide Mineral Resource Estimate update in Q4 2025

A growth drilling program is scheduled to commence at Mulwarrie in November 2025, aimed at doubling the resource base, which currently stands at 350Koz at 3.6g/t Au

Initial mining studies and optimisation work programs at Comet Vale and Mulwarrie will also be undertaken in parallel with ongoing resource growth and exploration drilling