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The latest announcement is out from GBM Resources Limited ( (AU:GBZ) ).
GBM Resources Limited has commenced a 9,510-meter drilling program at its Twin Hills Gold Project in Queensland, aiming to expand its current mineral resource of approximately 1.0 million ounces of gold. The Stage 1 drilling campaign targets the 309 and Lone Sister deposits, with plans to explore new regional targets. This initiative marks a significant step in unlocking resource growth and enhancing the company’s exploration efforts, potentially increasing its market positioning and value for stakeholders.
More about GBM Resources Limited
GBM Resources Limited is a company operating in the mining industry, focusing primarily on gold exploration and development. The company is actively engaged in advancing its projects in Queensland, Australia, with a significant focus on the Twin Hills Gold Project.
Average Trading Volume: 15,275,343
Technical Sentiment Signal: Hold
Current Market Cap: A$131.8M
See more insights into GBZ stock on TipRanks’ Stock Analysis page.