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4 stories mentioning ASX:GBMUpdated 21d ago

Every FINWIRES story that references ASX:GBM, newest first.

Asia

GBM Resources Starts Stage One Drilling at Queensland Project

GBM Resources (ASX:GBM) started the first stage of the drilling program at the Yandan project in Queensland, according to a Tuesday filing with the Australian bourse.The program includes 4,000 meters of reverse circulation and 4,000 meters of diamond drilling across four high-priority resource growth targets, the filing said.Drill holes at the East Hill area will be prioritized to enable an updated mineral resource estimate to be delivered in the first half of 2027, per the filing.

ASX:GBM
Asia

GBM Resources Says Drilling at Queensland Gold Project Confirms Extension of Mineralization Beyond Current Resource

GBM Resources (ASX:GBM) said stage two drilling at the Twin Hill gold project in Queensland confirmed that mineralization beyond the existing mineral resource estimate, while also confirming stronger grades and higher-grade continuity within the current resource, according to a Monday Australian bourse filing.It encountered an intercept of 45 meters at 2.21 grams per tonne grade of gold from 346 meters from within the existing mineral resource, as well as 35 meters at 2.29 g/t grade of gold from 242 meters, and 25 meters at 1.09 g/t grade of gold from 213 meters.Around 23,000 meters of the planned 50,000 meters for the stage two drill program have been completed. The firm will begin a regional exploration program, with one drill rig to be redeployed to drill high-priority targets.

ASX:GBM
Asia

GBM Resources Extends Gold Mineralization East of Queensland Deposit

GBM Resources' (ASX:GBM) stage two drilling program extended gold mineralization east of the 309 deposit, within the Twin Hills gold project in Queensland, according to a Wednesday Australian bourse filing.It hit intercepts of 21 meters at 2.50 grams per tonne grade of gold from 158 meters, as well as 14 meters at 2.99 g/t grade of gold from 194 meters.Three drill rigs are operating across Lone Sister and 309 deposits at the project. Preparation to drill the Yandan deposit is underway.

ASX:GBM
Asia

GBM Resources Says Drilling at Queensland Deposit Hits High-Grade Gold Intercepts; Shares Down 3%

GBM Resources (ASX:GBM) said the first three drill holes of the stage two drilling program at the Lone Sister deposit, within the Twin Hills gold project in Queensland, hit high-grade gold intercepts outside of the existing mineral resource estimate, according to a Wednesday Australian bourse filing.The company encountered intercepts of 22 meters at 3.7 grams per tonnes (g/t) grade of gold from 149 meters and 115 meters at 1.7 g/t grade of gold from 73 meters.Three drill rigs now operating across the Lone Sister and 309 deposits.GBM Resources' shares were 3% lower in recent Wednesday trade.

ASX:GBM

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