ASX:GBM

2 stories mentioning ASX:GBMUpdated 34d ago

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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

Asia62d ago

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.

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