Gorilla Gold Mines (GG8) Q3 2026 TU earnings summary

Executive summary

• Six drill rigs operating in Western Australia, focusing on high-grade gold resource growth at Mulwarrie, Comet Vale, and Vivien projects.

• 21,200m of drilling completed in the quarter, with over 150,000m planned for 2026, 75% targeting growth.

• Aggressive exploration strategy aims to replicate 2025's 1.3Moz resource addition at an average grade of 3.8g/t Au.

Financial highlights

• Cash balance of $29.5 million as of 31 March 2026.

• Quarterly operating and investing cash outflows totaled $7.7 million, 98% related to exploration and development.

• 2,508,937 new shares issued during the quarter, including 508,937 for asset acquisition.

Outlook and guidance

• 150,000m of drilling planned for 2026, with the majority focused on resource growth.

• Ongoing and upcoming drilling at Comet Vale, Mulwarrie, and Vivien, with results expected in the June quarter.

• Additional feasibility and technical studies underway to advance projects toward development.