Gorilla Gold Mines Ltd · ASX:GG8
Gorilla Gold Mines — RIU Explorers Conference 2026
29 slides from Gorilla Gold Mines's conference presentation, Feb 17, 2026
Slide 1: RIU Investor Presentation
RIU INVESTOR PRESENTATION • High-grade assays received from extensional drill-holes not included in the recently updated Gorilla Gold Mines Ltd (‘Gorilla’, ‘GG8’ or ‘the Company’) advises of its participation at the RIU Explorers Conference held at the Esplanade Hotel Fremantle. Chief Executive Offi
Slide 2: High-Grade Gold – Discover, Define, Develop
HIGH-GRADE GOLD – DISCOVER, DEFINE, DEVELOP Presentation 17 February 2026 ASX:GG8
Slide 3: Disclaimer
Disclaimer Nature of Document: This presentation has been prepared and issued by Gorilla Gold Mines Ltd (Company) to provide general information about the Company. The information in this document is in summary form and should not be relied upon as a complete and accurate representation of any matte
Slide 4: Four great reasons to invest in Gorilla
Four great reasons to invest in Gorilla High-grade gold on granted mining leases in WA – 1.5Moz @ 3.8 g/t Au 1 Projects are close to infrastructure, close to multiple operating mills, projects recently operated and on Care & Maintenance with some permitting in place. Aggressive strategy to significa
Slide 5: A high-grade & aggressive growth and development strategy
A high-grade & aggressive growth and development strategy gorillagold8.com | ASX:GG8 4
Slide 6: Proven ability to Deliver – Quality team
Proven ability to Deliver – Quality team Dean Hely - Non-Executive Chair Charles Hughes - Chief Executive Officer Simon Lawson - Non-Executive Director Daniel Kendall - Chief Financial Officer Alex Hewlett - Non-Executive Director Matt Crowe - Exploration Manager Kelvin Flynn - Non-Executive Directo
Slide 7: Proven ability to Deliver – Rapid and efficient deployment of capital
Proven ability to Deliver – Rapid and efficient deployment of capital • 2026 - 120,000m of RC and DD drilling • WA resource base increased from 130,000oz to 1,500,000oz = 1500% increase in resources after 1 year of drilling. • Delivered for $20/oz • 2026 WILL BE EVEN BETTER! gorillagold8.com | ASX:G
Slide 8: Corporate Snapshot
Corporate Snapshot SHARES ON ISSUE 730M CORPORATE SUPPORT AND COVERAGE CASH as at 31 Dec 25 $37M MARKET CAP as at 16 Feb, $0.40 $292M SHAREPRICE ASX:GG8 SIGNIFICANT GORILLAS Board & Management 19% Institutional 49% Genesis 17% 1832 7% 9% Balance of shareholders gorillagold8.com | ASX:GG8 7
Slide 9: Significant value upside – High grade compared to peers
Significant value upside – High grade compared to peers Average EV/contained resource for ASX gold ASX Gold Peers – EV/Contained Resource & Grade peers >3 g/t trading at an average of $249/oz EV/Resource AU (g/t) $600 6.0 $536 5.6 $500 $458 5.0 $400 $358 4.0 3.3 3.3 3.8 $300 3.0 3.0 $238 2.9 $220 $2
Slide 10: The Projects
The Projects gorillagold8.com | ASX:GG8 9
Slide 11: Comet Vale Project
Comet Vale Project • 860,000oz @ 3.7 g/t Au resource updated in December 2025. • 95,000oz to 860,000oz = 900% increase in resources after 1 year of drilling. • Major Growth potential for 2026 – more undrilled Lakeview style prospects awaiting permits to begin exploration drilling - imminent • Grante
Slide 12: Comet Vale – Resource 7.3Mt @ 3.7 g/t Au for 860,000oz
Comet Vale – Resource 7.3Mt @ 3.7 g/t Au for 860,000oz - 900% increase in 2025 3 Simple targeting criteria to do this – 1. Strong surface geochemical anomaly (rock chips, soils, historical working) 2. Understood structural framework. 3. Major resource growth potential for 2026. gorillagold8.com | AS
Slide 13: Comet Vale – poised for another year of record growth
Comet Vale – poised for another year of record growth, <20% of targets tested This is how we’ll do it: gorillagold8.com | ASX:GG8 12
Slide 14: Comet Vale – Sovereign trend
Comet Vale – Sovereign trend 410,000oz @ 4.3 g/t Au, 200,000oz @ 20g/t produced, obvious growth upside. • Demonstrated shallow mineralisation at Target 5 - Sovereign south • Significant resource increase potential from within the 2025 resource area. • Simple metallurgy • Mining lease in place, minin
Slide 15: Comet Vale – Lakeview-Cheer trend, clear growth upside
Comet Vale – Lakeview-Cheer trend, clear growth upside • Happy Jack Target 3 most urgent target, following up HJEX005 – start drilling in February • Major growth potential on this trend, virtually all drilling was done by GG8 in 2025 • Simple metallurgy from Lakeview so far • Mining lease in place,
Slide 16: Mulwarrie Gold Project – High grade strategically located
Mulwarrie Gold Project – High grade strategically located • Major MRE update in August 2025 – 350,000oz @ 3.6 g/t Au. • Multiple lodes from surface in a > 3km long gold system, drilled <20% of target area. • Major growth upside in a very poorly explored project • GG8 have 2 rigs extending this resou
Slide 17: Mulwarrie – New drilling outside of the August resource
Mulwarrie – New drilling outside of the August resource – targeting major resource extension • Simple targeting 1. Ida falut 2. Major strat changes 3. Intersecting porphyries • Multiple lodes from surface in a > 3km long gold system, drilled <20% of target area. • Simple metallurgy • Targeting open
Slide 18: Vivien Project
Image: Vivien Gold Project Vivien Project: • 278koz @ 4.1 g/t Au in resource. • High grade gold mine 10km west of Leinster, WA - last operated in 2023 • Prior focus on high-grade production, excellent ore bodies - underexplored. • Granted Mining Leases very close to mills. PLAN – FIND ANOTHER VIVIEN
Slide 19: Vivien – Growth upside
Vivien – Growth upside Exploration to test the footwall or along strike positions to Vivien main lode gorillagold8.com | ASX:GG8 18
Slide 20: Why invest with Gorilla?
Why invest with Gorilla? High-Grade Strategy Great Jurisdiction Quality Projects x3 Delivery Team Very Active Grade is king. The best WA’s Eastern Goldfields is Former high-grade gold Experienced Board and Gorilla is doing what it place to find a new the best place to mine in mines where the focus m
Slide 21: Appendices
Image: Comet Vale Appendices gorillagold8.com | ASX:GG8 20
Slide 22: Gorilla Gold – Mineral Resources
Gorilla Gold – Mineral Resources Table 1: Gorilla Gold – Mineral Resource Indicated Inferred Total Tonnage Au Grade Tonnage Au Grade Tonnage Au Grade Category Au Moz Au Moz Au Moz (Mt) (g/t) (Mt) (g/t) (Mt) (g/t) Comet 1.7 4.1 0.22 5.6 3.5 0.64 7.3 3.7 0.86 Vale Mulwarrie 1.3 2.8 0.11 1.8 4.2 0.24 3
Slide 23: Mineral Resources – Comet Vale
Mineral Resources – Comet Vale Table 1: Comet Vale Mineral Resource Estimate Summary The Company confirms that it is not aware of any new information or data that materially affects the information as previously released on 15 December 2025 and all material assumptions and technical parameters under
Slide 24: Mineral Resources – Mulwarrie Gold Project
Mineral Resources – Mulwarrie Gold Project Existing total JORC Resource at Mulwarrie of 350koz at 3.6g/t Table 1: Mulwarrie Mineral Resource Estimate Summary Mulwarrie Mineral Resource Estimate Summary (0.5g/t cut-off Open pit, 1.1 g/t Underground) Category Tonnage (Mt) Au Grade (g/t) Au Ounces Infe
Slide 25: Mineral Resources – Vivien Gold Project
Mineral Resources – Vivien Gold Project Existing total JORC Resource at Vivien of 278koz at 4.1g/t Table 1: Vivien Mineral Resource Estimate Summary Comet Vale March 2023 Depleted Open Pit Resource (Au>=0.5g/t OP) Category Tonnage (Mt) Au Grade (g/t) Au Ounces Indicated 0.15 4.9 24,000 Inferred 1.95
Slide 26: 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 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 McDowell 1.0 4.5 150,000 Talu
Slide 27: Peer comparisons – source data
Peer comparisons – source data Peer Company Financial Resource Sources Measured Indicated Inferred Grade Contained Code Name Stage Market Cap Cash Enterprise Value Resource (Mt) (Mt) (Mt) (Mt) (g/t) Ounces (koz) Financial Resource BNZ Benz Mining Resource $920m $94m $825m 21.7 2.2 29/01/2026 - TRANS
Slide 28: Previous Announcements
Previous Announcements This presentation refers to historic press releases: This presentation refers to historic press releases: • Major Resource Upgrade for Comet Vale (refer ASX Announcement 15 December • Lakeview high-grade Intercepts Grow Mineralisation (refer ASX Announcement 28 February 2025)
Slide 29: Charles Hughes | CEO
Contact Charles Hughes|CEO admin@gg8.com.au gorillagold8.com | ASX:GG8