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GBM Resources Limited (ASX:GBM)

ALERT: Price-sensitive ASX Announcement for GBM
Current share price for GBM : $0.017 -0.024 (-58.54%)+
Announcement
Release
22 Jan 2026 9:07AM
Price at Release
$0.041
Full Release
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Summary
GBM Resources Limited has announced successful assay results from Stage 1 drilling at the 309 deposit within the Twin Hills Gold Project. These results have materially enhanced the geological and mineralisation model, showing significant high-grade mineralisation outside the existing Mineral Resource Estimate (MRE). Notable results include a 29m intersection at 3.13g/t Au, and a 13m intersection at 2.14g/t Au, among others. The drilling program has provided valuable structural information and insight into targeting deeper mineralised structures, leading to an expedited Stage 2 drilling program. The company, guided by epithermal specialist Greg Corbett, has improved exploration targeting and is poised to further define resources for quicker development progress.
Key Points
  • Stage 1 drilling at 309 enhances geological and mineralisation model.
  • Significant assay results include 29m at 3.13g/t and 13m at 2.14g/t of gold.
  • High-grade mineralisation found outside existing MRE.
  • Greg Corbett engaged for paragenesis and control insights.
  • Stage 2 drilling program expedited.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.