Announcements 2017

Date Headline Pages PDF
28/4/2017 Change in Substantial Holding 2 PDF
28/4/2017 March 2017 Quarterly Activities Report  and Appendix 5B 16 PDF
27/4/2017 Koala Deposit Drilling Update 15 PDF
04/04/2017 Appendix 3B and Section 708 Notice - Share Issue Completed 14 PDF
29/03/2017 Change of Share Registry 1 PDF
22/03/2017 High grade gold mineralisation intersected at the Glen Eva Deposit, Mt Coolon Gold Project 13 PDF
13/03/2017 Financial Statements for the half-year ended 31st December 2016 18 PDF
06/03/2017 Positive Metallurgical Results for the Koala Deposit, Mt. Coolon Gold Project 6 PDF
01/03/2017 Mt Coolon Gold Project update 14 PDF
27/02/2017 Merger Investor Presentation - February 2017 22 PDF
16/02/2017 GBM Resources and WCB Resources merger to create a substantial gold development and exploration group 10 PDF
10/02/2017 AUD$10 Million Loan Agreement Update 1 PDF
31/01/2017 Report for the Quarter ended 31st December 2016 16  PDF
16/01/2017 AUD$ 10 Million Loan Agreement Update  1 PDF
04/01/2017 AUD$10 Million Loan Agreement Update  1 PDF 


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Latest News

GBM Acquires The Twin Hills Gold Project
• Binding Heads of Agreement signed with Minjar Gold Pty Ltd1 to acquire 100% interest in Twin Hills Gold Project proximate to GBM’s Mt Coolon Gold Project.
• Acquisition cost is $1.5m on a deferred settlement basis and the issue of 50m ordinary fully paid shares in the Company
• The acquisition further underwrites the development of the Mt Coolon Gold Project, potentially doubling its resource base and adding significant exploration potential.
• The Twin Hill Gold Project published inferred resource is estimated
at 398,000 ounces2 Executive
22 December 2017
Non Binding Ore Purchase Term Sheet With Pajingo Gold Mine
• GBM will sell its Mt Coolon high grade Glen Eva and Koala resources over a 2.5 year period.
• Mining is planned to commence in the September quarter 2018.
• GBM will mine and transport the material to the Pajingo Gold Mine and Pajingo will batch process.
• The commercial terms are based on open book approach and the nett proceeds from gold sales will be allocated 50:50 to the parties.
• This opportunity with Minjar1 can transform GBM from a capital dependent Company to cash flow generating.
19 December 2017
Mt Coolon Gold Project Scoping Study
Scoping Study Demonstrates the Potential Economic Viability of Recommencing the Mount Coolon Gold Project, Queensland
4 December 2017

Latest Reports

Report for the Quarter ended 30th September 2017
- Mount Coolon Gold Project
The Company has engaged Mining One Consultants to complete a scoping study in conjunction with a range of other specialists, on the Mount Coolon Gold Project.
23 October 2017
Annual Report
Dear Fellow Shareholders
GBM Resources continues to actively pursue its key objective of developing
and extending the known resources within the Company’s highly
prospective tenement holding in the Drummond Basin, Queensland.
6 October 2017
Report for the Quarter Ended 30th June 2017
Mount Coolon Gold Project
• The Company has engaged Mining One Consultants to complete a scoping study in conjunction with a range of other specialists, on the Mount Coolon Gold Project. The Scoping Study is scheduled for completion in August.
• The Company appointed mining engineer, Mr Ian Horton, to the newly created role of General Manager of the Mount Coolon Gold Project.
• Gold resource increased at the Glen Eva deposit by 77% to 0.9Mt averaging 2.2 g/t Au containing an estimated 66,000 ounces. Potential exists to extend the Glen Eva Resource along strike and down dip.
31 July 2017


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Contact Address

GBM Resources

ABN 91 124 752 745

Suite 8, 7 The Esplanade,

T: (08) 9316 9100

F: (08) 9315 5475



Exploration Office

10 Parker St, Castlemaine VIC 3450

T: (03) 5470 5033