Gorilla Gold Mines (GG8) Q1 2027 TU earnings summary
Event summary combining transcript, slides, and related documents.
Q1 2027 TU earnings summary
30 Oct, 2026Executive summary
Sovereign’s high-grade footwall lode now extends over 1km of strike, outside the existing 410koz resource; Val at Vivien spans over 400m of strike and 400m down-dip.
A new high-grade discovery at Vince and ongoing growth at Lakeview and Mulwarrie support planned Mineral Resource updates across WA projects by year-end 2026.
Financial highlights
Cash was $9.5m at 30 September 2026; operating and investing cash outflows totalled $10.2m, with 95% attributed to exploration and development.
Appendix cash flow figures show $564k used in operating activities and $9.647m used in investing activities, including $9.744m of capitalised exploration and evaluation payments.
Outlook and guidance
December-quarter drilling will expand and infill Comet Vale resources, test Sovereign over more than 1km of strike, and continue Lakeview depth drilling.
Mineral Resource updates for Comet Vale, Mulwarrie and Vivien are expected by year-end 2026; Vivien drilling will target Val and Vince, supported by DHEM surveys.
Mulwarrie RC drilling in newly approved areas is planned for 2027, following heritage surveys; internal feasibility work and permitting continue across WA projects.
Latest events from Gorilla Gold Mines
- Resources rose 109% to 2.0Moz as FY26 exploration investment drove a $2.764m loss.GG8
H2 2026 - Aggressive drilling and high-grade discoveries fuel rapid gold resource growth and expansion.GG8
Resources Rising Stars Gold Coast Conference - Over 1.3 million ounces added through high-grade discoveries and efficient exploration.GG8
Diggers & Dealers Mining Forum 2026 - Aggressive drilling in WA targets major gold resource growth, backed by strong cash reserves.GG8
Q3 2026 TU - Gold resource base expanded and liquidity improved, supporting accelerated project development.GG8
H1 2026 - Rapid resource growth and aggressive development position for significant upside in 2026.GG8
RIU Explorers Conference 2026 - Rapid high-grade gold resource growth in WA, with 1.5Moz @ 3.8g/t Au and strong expansion plans.GG8
Investor presentation - Acquisitions of Vivien and Comet Vale gold projects advance, backed by a $4M equity raise.GG8
Q4 2024 TU - Loss narrows, WA gold focus intensifies, equity raised, and Canadian asset sale terminated.GG8
H2 2024