GBM Resources Limited (ASX:GBM) is a Queensland based mineral exploration and development company focused on the discovery of world-class gold deposits in Queensland, Australia. The Company has a high calibre project portfolio, hosting district scale mineral systems located within the Drummond Basin (QLD). GBM's flagship projects in the Drummond Basin (QLD) holds ~1.84 Moz of gold in JORC resources (Twin Hills, Yandan and Mt Coolon).
GBM Resources Limited (ASX:GBM) (FRA:36G) (OTCMKTS:GBMRF) announced assay results for a further three of thirteen drillholes from Stage 1 drilling at 309, within the Company's Twin Hills Gold Project (~1.0Moz Mineral Resource Estimate ("MRE")) in the Drummond Basin, Queensland.
GBM Resources Limited (ASX:GBZ) (FRA:36G) (OTCMKTS:GBMRF) is pleased to announce that it has successfully secured commitments from both new and existing domestic and offshore institutional and sophisticated investors to subscribe for approx. 752 million new fully paid ordinary share.
The Australian Gold Conference 2024 hosted a special event to introduce Australians to the potential of investing in gold beyond traditional avenues, focusing on the shift from culturally influenced jewellery to modern bullion, shares and digital gold products.
Australian resources company GBM Resources (ASX:GBZ) announced it has entered into a Share Acquisition Framework Agreement with state-owned enterprise Jiangxi Centre Mining Co Ltd (JCM), an entity owned by Jiangxi Provincial Bureau of Coal Geology, formalising an investment in GBM for strategic investment and partnership.
Asian Activities Report for November 28, 2011 includes: Toyota Motor Corporation (TYO:7203) has unveiled its newest model of sports car "86"; United Company Rusal Plc ("UC RUSAL") (HKG:0486), the world's largest aluminium producer, has signed an agreement to purchase a 33% stake in Shenzhen North Investments Corporation Limited; Bathurst Resources Limited (ASX:BTU) announces its first export shipment of coal from the Buller Project; Australian resources company GBM Resources Limited (ASX:GBZ) has discovered broad zone of Rare Earth Element and Yttrium mineralisation at the Milo Project.
Asian Activities Report for September 2, 2011 includes: Investigator Resources Limited (ASX:IVR) today announced a significant upgrade to its Paris Prospect in South Australia; Apollo Minerals Limited (ASX:AON) has identified strong potential for large volumes of iron mineralisation on the Company's 100% owned Commonwealth Hill property in South Australia; Venturex Resources Limited (ASX:VXR) announced a 45% increase in the JORC Reserve to 5.7 million tonnes at the Sulphur Springs Copper-Zinc Deposit; GBM Resources Limited (ASX:GBZ) said today that the first drillhole completed on the Bungalien project farm-in area in Queensland has returned a broad interval of copper mineralisation.
Asian Activities Report for July 7, 2011 includes: CuDeco Limited (ASX:CDU) said today that FIRB has approved Oceanwide International Resources Investment Co. Limited to increase its shareholding in CuDeco to 19.9%; Aston Resources Limited (ASX:AZT) announced the completion of its definitive feasibility study for the Maules Creek coal project; GBM Resources Limited (ASX:GBZ) has identified previously undiscovered Rare Earth Element and Yttrium mineralisation at the Milo Prospect in northwest Queensland; Aguia Resources Limited (ASX:AGR) has signed an Option Agreement to acquire 100% of two potentially large-scale phosphate projects in southeast Brazil.
Asian Activities Report for June 14, 2011 includes: GBM Resources Limited (ASX:GBZ) reported significant results of copper, gold, silver, cobalt, molybdenum and uranium from the Milo Prospect in Queensland; Kidman Resources Limited (ASX:KDR) reported further copper results from the Phase 3 drilling program at Blind Calf in central NSW; African Iron Limited (ASX:AKI) will mobilise two additional drill rigs to accelerate the resource definition drilling at the Mayoko iron ore project in Congo; Dampier Gold Limited (ASX:DAU) received further impressive results from recent RC holes completed at Cinnamon, K1 and Keillor East gold deposits.
The Australian sharemarket gave up early gains on Wednesday after the GDP figures released by Australian Bureau of Statistics showed a disappointing result in economy growth. At the close, the benchmark S&P/ASX200 index was 11.6 points lower, or 0.2 per cent, at 4661.9, while the broader All Ordinaries slashed 11.7 points, or 0.2 per cent, at 4676.1
