Gorilla Gold Mines Ltd · ASX:GG8
Gorilla Gold Mines — Investor Presentation (February 2025)
27 slides from Gorilla Gold Mines's investor presentation, Feb 11, 2025
Slide 1: Grow High Grade Gold in WA
For personal use only GROW HIGH GRADE GOLD IN WA Investor Presentation 11 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 ▪ Drill high grade gold projects in WA’s world class gold corridor For personal use only ▪ Granted mining lease tenure with proximity to gold mills ▪ Pursue accretive acquisitions that complement this strategy ▪ Interpret high-grade orebodies with a renewed perspective to targe
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 (10 Feb 25) $/sh 0.215 0.3 0.25 Market capitalisation $m 123.4 0.2 Cash & investments $m $18 0.15 Unlisted Options m 9.0 0.1 0.05 Performance Righ
Slide 5: 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 6: Portfolio of High Grade Gold Assets in WA
Portfolio of High Grade Gold Assets in WA Comet Vale Vivien and Vivien Gem 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 Ram
Slide 7: 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 7
Slide 8: Comet Vale – Overview
Comet Vale – Overview High grade historical production │ Very close to major infrastructure│ Open high grade mineralisation ▪ Located 97km north of Kalgoorlie, 32km south of Menzies For personal use only next to the Goldfields Highway ▪ Granted mining leases ▪ Mining has been undertaken in multiple
Slide 9: Comet Vale – Sovereign trend
Comet Vale – Sovereign trend New lode emerging │ High grade historical production │ Open high grade mineralisation ▪ Previous owners prioritised mining as recently as 2021 For personal use only ahead of drilling to define additional resources ▪ New high grade lode is emerging to the north of and out
Slide 10: Comet Vale – Cheer trend
Comet Vale – Cheer trend Shallow, high grade gold│ Previously overlooked│ Deepest drilling is ~140m below surface ▪ 2km strike of under explored mineralised For personal use only shear zone ▪ Cheer prospect historically constrained to a 2.40ha mining lease that has since been consolidated ▪ Initial
Slide 11: 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 11
Slide 12: Vivien – Location
Vivien – Location 15km west of Leinster in WA │ 6km from Gold Fields Agnew Mine │ Large Mining Lease package For personal use only ▪ Historical high grade open cut and underground gold mine ▪ Operated by Ramelius over the period 2015- 2023 who produced 1.5Mt at 5.68g/t Au for 260koz1 ▪ Five separate
Slide 13: Vivien – Vivien Main
Vivien – Vivien Main Exploration to test the foot wall or along strike positions to Vivien main lode ▪ Focus of previous owners was limited to following the For personal use only Vivien main and Vivien east lodes ▪ Significant upside exists in footwall and hanging wall positions to Vivien Main as we
Slide 14: Vivien – Gem prospect
Vivien – Gem prospect High grade prospect from surface with attractive geometry For personal use only ▪ ~2.5km north of Vivien Main / historic mining area ▪ 4.5km strike of under explored mineralised structures ▪ Gem and other regional prospects have significant historical drill intercepts ▪ 6m @ 6.
Slide 15: Mulwarrie Project
Image: Open pit at Mulwarrie Project For personal use only Mulwarrie Project: High grade growth potential previously constrained by tenure 15
Slide 16: Mulwarrie Gold Project
Mulwarrie Gold Project High grade gold │ 10km from Ora Banda infrastructure │ Historically tenure constrained ✓ Acquired from Genesis Minerals in For personal use only November 2024, and consolidated with acquisition from Olympio ✓ Exceptional high grade growth potential historically constrained by
Slide 17: Mulwarrie Gold Project
Mulwarrie Gold Project On granted MLs │ Multiple high grade opportunities ▪ Multiple high grade lodes. The bulk of mineralisation was For personal use only discovered in 2017, growth constrained by tenure and corporate activity ▪ The Company is excited to test extensions to historical drill intercep
Slide 18: Mulwarrie Gold Project
Mulwarrie Gold Project Strategic addition of shallow ounces near regional milling infrastructure │ High grade growth upside For personal use only 18
Slide 19: Labyrinth Gold Project
Image: Labyrinth Gold Project For personal use only Labyrinth Gold Project: High grade deposit with low annual holding costs making the asset a low-cost option on further exploration success 19
Slide 20: 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 ▪ Located in the world-class Abitibi gold belt ▪ JORC of 500koz at 5.0g/t (100% basis) ▪ Approved minin
Slide 21: 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 21
Slide 22: Appendix
Image: Comet Vale For personal use only Appendix 22
Slide 23: 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 24: 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 25: 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 26: 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 27: Contact
For personal use only Contact Charles Hughes | CEO admin@gg8.com.au www.gorillagold8.com.au 27
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