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