Gorilla Gold Mines (GG8) Q4 2025 TU earnings summary

Executive summary

• Achieved major drilling success at Comet Vale and Mulwarrie, expanding high-grade gold resources and making new discoveries at Lakeview and Sovereign North.

• Completed 40,000m of drilling across projects with no safety incidents, accelerating exploration and resource growth.

• Exercised option to acquire the remaining 49% of Comet Vale, moving to 100% ownership for $3 million cash.

Financial highlights

• Cash on hand at 30 June 2025 was $25.1 million.

• Quarterly cash outflows totaled $11.2 million, including $7.8 million for exploration and $3.0 million for the Comet Vale acquisition.

• No substantive mining production or development activities during the quarter.

Outlook and guidance

• Maiden Mineral Resource Estimate (MRE) for Lakeview expected in Q4 2025; Mulwarrie MRE update planned for Q3 2025.

• Ongoing drilling at Comet Vale and Mulwarrie to drive further resource growth in the second half of 2025.

• Exploration drilling at Vivien scheduled to commence in December Quarter 2025.