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GBM Resources Reports Promising Mining Progress
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GBM Resources Reports Promising Mining Progress

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

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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.

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