Gorilla Gold Mines Ltd
Gorilla Gold Mines (renamed from Labyrinth Resources Limited in February 2025) is a Western Australian gold explorer that has grown its Western Australian JORC resources to about 1.5 million oz at 3.8 g/t Au since early 2025 (2.0 million oz company-wide, including its Labyrinth deposit in Quebec), anchored by the Comet Vale/Mulwarrie 'North Kalgoorlie Hub' (~1.2 million oz) and the past-producing, permit-ready Vivien underground project. Recent high-grade drill hits include 1.1m at 60.2 g/t Au at Comet Vale, and the company has arranged de-watering of Vivien's underground workings with a Gold Fields subsidiary to enable renewed underground drilling.
Notable vs. Peers
- Trading within 1% of its 52-week low — weak recent price momentum.
Lifecycle Milestones
Jurisdiction (40%)9/10
Western Australia: Fraser PPI 2025 is 88.53 of 100 (rank 13 of 68), which maps to 9 on this site's scale. Western Australia is consistently ranked among the world's top mining jurisdictions (Fraser Institute Investment Attractiveness Index), with strong rule of law and established permitting.
Infrastructure (40%)No verified figure
Researched with nothing found: no source we could cite confirms or rules out an existing mill, road access, grid power, or tailings facility at Vivien Gold Project (and North Kalgoorlie Hub: Comet Vale/Mulwarrie), Western Australia (checked Sep 26, 2026; recheck due Mar 25, 2027). Counts at a neutral 5/10 until one does.
Nearby producing mine (20%)9.3/10
East Menzies (Granny Venn vat leach) (Resources & Energy Group Limited) is 31 km away -- within regional-platform range.
Acquisition Susceptibility
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.
How this score is built
- Disclosed pending dealSub-score: Not scored
No pending acquisition or merger disclosed (checked)
Not scored: having no deal in flight isn't held against a company.
Weight 26.25% - Producer's strategic stakeSub-score: Not scored
No producer holds a disclosed stake on file (holder register researched) See holders
Not scored: most juniors that do get bought had no prior toehold, so a missing stake says little either way.
Weight 25% - Distance to a producing mineSub-score:6.9/10
Nearest producing mine: East Menzies (Granny Venn vat leach) (Resources & Energy Group Limited), 31 km
10 next to a producing mine, 8 at 20 km, 5 at 50 km, 0 beyond 200 km.
Weight 22.5% · 46% here - Lifecycle stageSub-score:3.5/10
Stage: Resource Definition
Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.
Weight 15% · 31% here - JurisdictionSub-score:9/10
Australia: jurisdiction score 9/10
Our jurisdiction score, used as is: higher means lower political and permitting risk.
Weight 6.75% · 14% here - CommoditySub-score:10/10
Primary commodity: Gold
Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.
Weight 4.5% · 9% here
Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.
Your Rankings
Management Team
Chief Executive Officer of Gorilla Gold Mines Ltd. Professional geologist with 17 years of experience; executive roles at Delta Lithium, and senior roles at Bellevue Gold, Northern Star and Saracen.
Chief Financial Officer of Gorilla Gold Mines Ltd. Around 20 years of senior finance roles; former CFO at Delta Lithium, where he led $100M+ capital raisings. Chartered Accountant, Bachelor of Commerce.
Exploration Manager at Gorilla Gold Mines Ltd. 20 years of experience; former Principal Geologist at BHP and COO/Exploration Manager at Dreadnought Resources. Recipient of the AMEC Prospector Award 2023.
Company Secretary of Gorilla Gold Mines Ltd. Chartered Accountant and Chartered Company Secretary, and Director at Meridian Corporate Consultants; prior audit/assurance experience at PwC Perth.
Principal Mining Engineer and Studies Manager at Gorilla Gold Mines Ltd. 16+ years of experience, Mining Engineering degree, and WA First Class Mine Manager's Certificate; led the startup of the Penny, Riverina and Sand King gold operations.
Heritage & Environmental Studies at Gorilla Gold Mines Ltd. Land access professional specializing in WA gold mining environmental approvals and Native Title negotiations; former GM Environment & Heritage at Spartan Resources.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
Genesis Minerals, a major ASX-listed operating gold producer, is a substantial strategic shareholder that subscribed cash to maintain its position in a March 2025 placement. 1832 Asset Management, portfolio manager of the specialist Dynamic Precious Metals Fund, separately holds just under 10%.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
Gorilla Gold Mines, renamed from Labyrinth Resources in February 2025, is a Western Australian gold explorer whose main assets are the Comet Vale and Mulwarrie deposits of its North Kalgoorlie Hub and the past-producing, permit-ready Vivien underground project; it also holds the Labyrinth deposit in Quebec. Company-wide indicated resources total 354,000 oz of gold, with no measured category, plus 1,634,000 oz inferred, including 500,000 oz inferred at Labyrinth. In July 2026 drilling extended mineralisation at Vivien beyond its existing resource, including 2.1 m at 55.4 g/t gold at the new Vince discovery 400 m north of the historic Vivien Main mine. The company has also arranged with a Gold Fields subsidiary to de-water the Vivien underground workings so that underground drilling and a redevelopment assessment can proceed.
Gorilla Gold Mines' own company website states a current global JORC Mineral Resource of 1.5 Moz gold at 3.8 g/t, aggregated across its Western Australian and Canadian projects: Comet Vale 0.86 Moz at 3.7 g/t (7.3 Mt, updated 15 Dec 2025 -- Indicated 1.7 Mt at 4.1 g/t / ~220 koz, Inferred 5.6 Mt at 3.5 g/t / ~640 koz), Vivien 278 koz (2.1 Mt at 4.1 g/t), Mulwarrie 350 koz (3.0 Mt at 3.6 g/t, Aug 2025), and the Canadian Labyrinth Gold project 500 koz at 5.0 g/t. The North Kalgoorlie Hub (Comet Vale + Mulwarrie combined) is separately described as hosting over 1.2 Moz at 3.7 g/t. Yalgoo-Lang Well has no resource estimate disclosed yet. No company-wide Measured/Indicated-only split is published; the 1.5 Moz figure is a Resource total across all categories.