tiprankstipranks
GBM Resources Reports Promising Mining Progress
Company Announcements

GBM Resources Reports Promising Mining Progress

GBM Resources Limited (AU:GBZ) has released an update.

Don't Miss Our Christmas Offers:

GBM Resources Limited has announced notable advancements in its mineral projects, including the expansion of its Drummond Basin Processing Hub to over 1.8 million ounces of gold and a lucrative $12 million sale and farm-in agreement with Wise Walkers Limited for the Twin Hills Gold Project. Additionally, the company reported substantial exploration activities and future plans, such as the completion of a drilling program at the Mt Margaret FC4 Prospect and a partnership with Newmont for a $25 million farm-in at the Mt Coolon Gold Project.

For further insights into AU:GBZ stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskGBM Resources Boosts Financial Position with Strategic Asset Sales
TipRanks Australian Auto-Generated NewsdeskGBM Resources Announces Director Departure and Shareholdings
TipRanks Australian Auto-Generated NewsdeskGBM Resources AGM: Key Resolutions and a ‘First Strike’
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App