Gorilla Gold Mines Ltd · ASX:GG8
Gorilla Gold Mines — RIU Presentation February 2025
25 slides from Gorilla Gold Mines's conference presentation, Feb 19, 2025
Slide 1: Grow High Grade Gold in WA
For personal use only GROW HIGH GRADE GOLD IN WA RIU Presentation 19 February 2025
Slide 2: Disclaimer
Disclaimer Nature of Document: This presentation has been prepared and issued by Gorilla Gold Mines Ltd This presentation refers to historic press releases: (Company) to provide general information about the Company. The information in this document is in summary form and should not be relied upon a
Slide 3: Gorilla Gold strategy
Gorilla Gold strategy ▪ Rapidly drill, advance and consolidate high grade For personal use only WA projects on granted Mining Leases, close to mills ▪ Leverage skill set and track record of board and management, as well as their shareholder support base ▪ 674koz contained ounces @ 4.7 g/t Au JORC Re
Slide 4: Corporate Overview
Corporate Overview Capital structure Units Current GG8 Share Price – Last 12 Months ($/sh) Ordinary shares m 560.7 0.35 For personal use only Share price (18 Feb 25) $/sh 0.25 0.3 0.25 Market capitalisation $m $140 0.2 Cash & investments $m $18 0.15 Unlisted Options m 9.0 0.1 0.05 Performance Rights
Slide 5: Portfolio of High Grade Gold Assets in WA
Portfolio of High Grade Gold Assets in WA Comet Vale Vivien Mulwarrie For personal use only 51% GG8 with call option to acquire remaining 49% 100% GG8 100% GG8 Eastern Goldfields, WA Leinster, WA Eastern Goldfields, WA 213koz @ 20g/t Au historical production Previously operated by Ramelius (from 201
Slide 6: Comet Vale Project
Image: Historic Comet Vale ore drive (6m width) For personal use only Comet Vale Project: Exceptional high grade historic gold mine with regional scale upside 6
Slide 7: Comet Vale – Overview
Comet Vale – Overview High grade historical production │ Very close to major infrastructure│ Open high grade mineralisation For personal use only ▪ Historical production of >200,000oz Au at >20g/t of Au1 last operated in 2018 ▪ New high grade lode is emerging, outside and to the north of the existin
Slide 8: Comet Vale – Sovereign trend – emerging discovery
Comet Vale – Sovereign trend – emerging discovery New lode emerging │ High grade historical production │ Open high grade mineralisation For personal use only 8
Slide 9: Vivien Gold Project
Image: Vivien Gold Project For personal use only Vivien Gold Project: High grade and profitable historic gold mine with excellent exploration upside 9
Slide 10: Vivien – Location
Vivien – Location 15km west of Leinster in WA │ 6km from Gold Fields Agnew Mine │ Large Mining Lease package For personal use only ▪ Operated by Ramelius over the period 2015-2023 who produced 1.5Mt at 5.68g/t Au for 260koz1 ▪ Five separate gold processing mills within 100km of Vivien ▪ Significant
Slide 11: Vivien – Growth upside
Vivien – Growth upside Exploration to test the foot wall or along strike positions to Vivien main lode For personal use only 11
Slide 12: Vivien – Growth upside regionally
Vivien – Growth upside regionally Multiple targets throughout the project tenure For personal use only 12
Slide 13: Mulwarrie Project
Image: Open pit at Mulwarrie Project For personal use only Mulwarrie Project: High grade growth potential previously constrained by tenure 13
Slide 14: Mulwarrie Gold Project
Mulwarrie Gold Project High grade gold │ 10km from Ora Banda infrastructure │ Historically tenure constrained For personal use only ✓ High grade growth potential historically constrained by tenure ✓ Consolidated Project unlocks it’s value ✓ MRE of 79koz @ 2.8g/t Au a platform to build upon 1 ✓ Drill
Slide 15: Mulwarrie Gold Project
Mulwarrie Gold Project Strategic addition of shallow ounces near regional milling infrastructure │ High grade growth upside For personal use only 15
Slide 16: Labyrinth Gold Project
Image: Labyrinth Gold Project For personal use only Labyrinth Gold Project: High grade deposit with low annual holding costs 16
Slide 17: Labyrinth Gold Project – Canada (100% GG8)
Labyrinth Gold Project – Canada (100% GG8) Existing 500koz at 5.0 g/t represents a low cost option on further exploration success For personal use only ▪ 100% owned project located in Quebec Canda ▪ JORC MRE of 500koz at 5.0g/t open in all directions ▪ Approved mining lease, last operated in 2018 ▪
Slide 18: Labyrinth Gold Project – Canada (100% GG8)
Labyrinth Gold Project – Canada (100% GG8) The Resource is open in all directions, supporting substantial Mineral Resource growth potential through both near mine and regional drilling For personal use only 18
Slide 19: What Gorilla is doing
What Gorilla is doing Workstream Nov-24 Dec-24 Q1 CY25 Q2 CY25 For personal use only Continued RC drilling at Comet Vale Diamond drilling planned at Comet Vale Drilling results from Comet Vale Mineral Resource update Comet Vale Vivien drilling permitting Start drilling at Vivien Maiden Mineral Resou
Slide 20: Appendix
Image: Comet Vale For personal use only Appendix 20
Slide 21: Mineral Resources – Comet Vale
Mineral Resources – Comet Vale Existing total JORC Resource at Comet Vale of 96koz at 4.8g/t (100% basis) Table 1: Comet Vale March 2023 Depleted Open Pit Resource (Au>=0.5g/t OP) For personal use only Comet Vale March 2023 Depleted Open Pit Resource (Au>=0.5g/t OP) Category Tonnage (Mt) Au Grade (g
Slide 22: Mineral Resources – Labyrinth Gold Project
Mineral Resources – Labyrinth Gold Project Existing 500koz at 5.0 g/t and represents a low-cost option on further exploration success For personal use only Table 1: Labyrinth Mineral Resource Estimate Summary by Lode Inferred Lode Tonnage (Mt) Au Grade (g/t) Au Ounces Boucher 1.0 5.7 190,000 McDowel
Slide 23: Mineral Resources – Mulwarrie Gold Project
Mineral Resources – Mulwarrie Gold Project Existing total JORC Resource at Mulwarrie of 79koz at 2.8g/t For personal use only Table 1: Mulwarrie Mineral Resource Estimate Summary Mulwarrie Mineral Resource Estimate Summary (0.5g/t cut-off) Category Tonnage (Mt) Au Grade (g/t) Au Ounces Inferred 0.88
Slide 24: Gorilla Gold – Mineral Resources
Gorilla Gold – Mineral Resources 674koz contained ounces @ 4.7 g/t Au JORC Resource Table 1: Gorilla Gold – Mineral Resource1,2 For personal use only Measured Indicated Inferred Total Tonnage Au Grade Au Tonnage Au Grade Au Tonnage Au Grade Au Tonnage Au Grade Au Category (Mt) (g/t) Ounces (Mt) (g/t
Slide 25: Contact
For personal use only Contact Charles Hughes | CEO admin@gg8.com.au www.gorillagold8.com.au 25