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GBM Resources Ltd

0.008

+0.00114.29%

Volume:1.16M

Turnover:10.18K

Market Cap:9.37M

PE:-2.41

High:0.009

Open:0.008

Low:0.008

Close:0.007

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Overview Company News Filings

Highlights – March Quarter 2025

GBM Resources Sells Queensland Project to Lithium Energy; Shares Hit All-Time Low

MT Newswires Live

Novo Resources Corp. Business Review

GBM Resources Hits Copper at Queensland Project, Partner Withdraws from Separate Farm-in Deal

MT Newswires Live

BUZZ-Australia's GBM Resources gains on copper find at Cloncurry project

Weekly wrap: shares take a breather as Wall Street finds caution

BRIEF-GBM Resources Posts Current Quarter To Date White Dam Gold Project Revenue Of A$1.9 Million

GBM Resources increases White Dam gold output as sale process continues

GBM Resources Ltd - Current Quarter to Date White Dam Gold Project Revenue a$1.9 Mln

THOMSON REUTERS

ASX Small-Cap Stocks to Watch

MT Newswires Live

GBM Resources Insiders Placed Bullish Bets Worth AU$944.6k

Simply Wall St.

BRIEF-GBM Resources Signs A$12 Mln Sale And Farm-In Agreement On Twin Hills

GBM signs $12M farm-in agreement to progress Twin Hills gold play

The Market Herald

GBM Resources Ltd - a$12 Mln Sale and Farm-in Agreement on Twin Hills Signed

THOMSON REUTERS

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The ~6,000 m program is testing priority target zones of structural complexity and splay faults proximal to the Sholl Shear Zone and is progressing well.Two three-week field campaigns were completed at the Tibooburra and John Bull Gold Projects in northern New South Wales.Results from the Tibooburra field program which focused on the Clone prospect include:. Rock chip sampling returned peak results of 89.6 g/t Au and 41.9 g/t Au2 from mullock dump samples associated with historical workings, and 31.4 g/t Au and 10.4 g/t Au2 from quartz vein outcrop over 700 m of strike, supporting previous high grade drill results.Soil sampling defined a ~ 600 m long and up to 250 m wide coherent anomaly > 30 ppb Au, with peak results of 1,585 ppb Au and 1,440 ppb Au2.Desktop review of regional geophysics and open file data continues at the Toolunga Project, which is located in the Onslow District of Western Austr","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/highlights-march-quarter-2025-142400858.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance_au","symbols":["BK7507","XAO.AU","LU0006061336.USD","BK7104","LU0106831901.USD","SCM","IE00B775SV38.USD","APO","BK7504","LU0787776722.HKD","BK4184","LU1791807156.HKD","XKO.AU","XJO.AU","BK7095","PLS.AU","LU1323610961.USD","BK4135","IE0002270589.USD","GBZ.AU","NSRPF","NVO.AU","BK4017","KM1.AU","MRE.AU","IE00B19Z3581.USD","KZR.AU","LU1668664300.SGD","IE00B3S45H60.SGD","IE00B19Z3B42.SGD","LU0683600562.USD"],"gpt_icon":0},{"id":"2519407950","title":"GBM Resources Sells Queensland Project to Lithium Energy; Shares Hit All-Time Low","url":"https://stock-news.laohu8.com/highlight/detail?id=2519407950","media":"MT Newswires Live","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2519407950?lang=en_us&edition=fundamental","pubTime":"2025-03-13 12:15","pubTimestamp":1741839303,"startTime":"0","endTime":"0","summary":"GBM Resources  executed a binding agreement for the sale of its Mt Morgan Gold-Copper Project in Queensland to Lithium Energy , according to a Thursday filing with the Australian bourse.The deal, which also includes additional tenements from Canada-based operator of gold and copper projects Great Southern Gold, is valued at AU$2 million in cash, payable over two years, along with up to AU$1.7 million in contingent payments tied to exploration and economic milestones, the filing said.Additionally, the agreement includes a 1.3% NSR royalty with a partial buyback option. Lithium Energy will also invest AU$4 million in exploration over two years, the filing added.GBM will now turn its focus to its Drummond Basin gold assets while retaining exposure to Mt Morgan through royalties and contingent payments.Shares of the company rose past 14% in recent Thursday trade, earlier hitting an all-time low.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["LU1732799900.SGD","BK4504","LU0971096721.USD","IE00BZ1G4Q59.USD","BK4581","LU2133065610.SGD","BK7504","LEL.AU","BK4127","LU0158827781.USD","LU1989772923.USD","LU2028103732.USD","LU0320765646.SGD","LU1720051017.SGD","LU1548497426.USD","LU2023251221.USD","BK4534","LU2271345857.HKD","GBZ.AU","LU0106831901.USD","LU0225283273.USD","LU0098860793.USD","LU2347655156.SGD","BK7507","LU1720051108.HKD","LU2089284900.SGD","BK4585","LU0912757837.SGD","LU2357305700.SGD","LU1074936037.SGD","LU0314104364.USD","IE00BKVL7J92.USD","LU0267386448.USD","PLS.AU","LU1363072403.SGD","BK4516","LU1732800096.USD","BK7095","LU1989772840.SGD","LU1668664300.SGD","LU0795875086.SGD","LU0795875169.SGD","LU1162221912.USD","LU0006306889.USD","LU2111349929.HKD","LU0106261372.USD","BK7104","LU0158827948.USD","LU2089283258.USD","BK4588"],"gpt_icon":0},{"id":"2509287750","title":"Novo Resources Corp. Business Review","url":"https://stock-news.laohu8.com/highlight/detail?id=2509287750","media":"GlobeNewswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509287750?lang=en_us&edition=fundamental","pubTime":"2025-02-05 23:05","pubTimestamp":1738767900,"startTime":"0","endTime":"0","summary":"Gold in soil geochemistry and main prospects of the Tabba Tabba Shear Corridor. Balla Balla Project geology showing the Sholl Shear Zone and complex folded stratigraphy. Belltopper Gold Project location map with regional gold occurrences and major structures . Location of Priority Tenements adjacent to Azure Minerals’ Andover Lithium – Nickel Project.Three new high prospectivity farm-in/JV deals in December 2024, strengthening Novo’s high-quality, Australian based exploration portfolio.Direct pegging by Novo of six new exploration licenses .The Toolunga Project is underexplored with prospectivity for precious and base metal discovery and aligns with Novo’s exploration strategy targeting > 1 Moz Au potential.De Grey Mining  has satisfied it’s $7 million minimum expenditure commitment in September 2024 and have committed to a further spend of A$18 million by June 30, 2027, to earn 50% in the Becher Project. Egina is located near De Grey’s 13.6 Moz Hemi Gold Project5.Sale of remaining 20%","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/novo-resources-corp-business-review-150500126.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance_au","symbols":["BK4093","BK4135","SCM","AZS.AU","LU0072463663.USD","XKO.AU","SXG.AU","BK4096","IP","XJO.AU","LU1861214812.USD","MRE.AU","SQM","BK7095","TG1.AU","BK4585","BK4136","KM1.AU","AC","BK4588","BK7507","XAO.AU","GBZ.AU","MHC.AU","BK4545","BK7504","LU0572108347.SGD","LU1861219969.SGD","BK4109","BK7104","BK7506","EGC","KZR.AU","LU2463526074.USD","LU0505663152.USD","NST.AU","PLS.AU","NVO.AU","DEG.AU"],"gpt_icon":0},{"id":"2503960225","title":"GBM Resources Hits Copper at Queensland Project, Partner Withdraws from Separate Farm-in Deal","url":"https://stock-news.laohu8.com/highlight/detail?id=2503960225","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503960225?lang=en_us&edition=fundamental","pubTime":"2025-01-16 08:21","pubTimestamp":1736986903,"startTime":"0","endTime":"0","summary":"GBM Resources  said the reverse circulation drilling program at the Mt. Margaret copper-gold project in Queensland intersected anomalous copper mineralization in a number of holes, according to a Wednesday Australian bourse filing.The best intersection in the drilling program returned an intercept of 98 meters at 328 parts per million of copper and 247 ppm of nickel from 28 meters. It is considering a follow-up reverse circulation drilling program to test interpreted targets.The firm also said that Nippon Mining of Australia, a wholly-owned unit of JX Advanced Metals, that it will withdraw from a farm-in agreement at the Cloncurry project.It retains 100% ownership of the tenements previously covered by the agreement. It will move forward with the sale process of its Cloncurry assets in Queensland.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["GBZ.AU","BK7104","XAO.AU","XKO.AU","XJO.AU"],"gpt_icon":0},{"id":"2503655825","title":"BUZZ-Australia's GBM Resources gains on copper find at Cloncurry project","url":"https://stock-news.laohu8.com/highlight/detail?id=2503655825","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503655825?lang=en_us&edition=fundamental","pubTime":"2025-01-15 10:20","pubTimestamp":1736907620,"startTime":"0","endTime":"0","summary":"BUZZ-Australia's GBM Resources gains on copper find at Cloncurry project** Shares of GBM Resources GBZ.AX rise 14.3% to A$0.008, highest level since Jan 8** Miner reports copper mineralisation at Mt M","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250115:nL4N3OB059:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK7104","GBZ.AU"],"gpt_icon":0},{"id":"2489029866","title":"Weekly wrap: shares take a breather as Wall Street finds caution","url":"https://stock-news.laohu8.com/highlight/detail?id=2489029866","media":"Small Caps","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2489029866?lang=en_us&edition=fundamental","pubTime":"2024-12-07 07:09","pubTimestamp":1733526545,"startTime":"0","endTime":"0","summary":"Australia’s share market took a breather on Friday as Wall Street turned cautious about whether the Federal Reserve will continue to cut interest rates this month.By the close of trade the ASX 200 had dropped 0.6% or 54 points to 8420.9 points with only one of the 11 sectors closing up.The fall meant that the ASX 200 has lost 0.2% for the week after reaching a record high of 8514.5 points on Tuesday.The utilities index was up almost 0.4%, driven higher by a 1.4% share price rise to $7.27 for Australia’s biggest natural gas pipeline company APA Group , which jumped after the energy regulator confirmed it would not subject the company’s South West Queensland Gas Pipeline to full price regulation.An underperform rating attributed to Domino’s Pizza  by Macquarie cut the share price by 2.3% to $32.48, with the broker saying that a decline in franchisee profitability was jeopardising the chain’s new store openings.","market":"hk","thumbnail":"https://cdn.shortpixel.ai/client/w_868,q_lossy,to_auto,ret_wait/https://150309019.v2.pressablecdn.com/wp-content/uploads/2024/12/Dec-2024-ASX.jpg","type":0,"news_type":0,"thumbnails":["https://cdn.shortpixel.ai/client/w_868,q_lossy,to_auto,ret_wait/https://150309019.v2.pressablecdn.com/wp-content/uploads/2024/12/Dec-2024-ASX.jpg"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://smallcaps.com.au/weekly-wrap-shares-take-breather-wall-street-finds-caution/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"smallcap_stock","symbols":["BK7137","GBZ.AU","IVX.AU","BK7011","BK7129","NAB.AU","BK7095","STO.AU","BK7148","ARN.AU","ALL.AU","BK7104","ATA.AU","XAO.AU","BK7507","PDT","WDS.AU","BK7016","BK7508","DMP.AU","BK7511","WBC.AU","BK7142","NVQ.AU","ILU.AU","BK7096","CBA.AU","APA.AU","ANZ.AU","XJO.AU","BK7135","GRR.AU","LU7.AU","XKO.AU","BK7509","29M.AU","GRR","BK7061","BK7078"],"gpt_icon":0},{"id":"2489470214","title":"BRIEF-GBM Resources Posts Current Quarter To Date White Dam Gold Project Revenue Of A$1.9 Million","url":"https://stock-news.laohu8.com/highlight/detail?id=2489470214","media":"Reuters","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2489470214?lang=en_us&edition=fundamental","pubTime":"2024-12-06 09:46","pubTimestamp":1733449601,"startTime":"0","endTime":"0","summary":"BRIEF-GBM Resources Posts Current Quarter To Date White Dam Gold Project Revenue Of A$1.9 MillionDec 6 (Reuters) - GBM Resources Ltd GBZ.AX:CURRENT QUARTER TO DATE WHITE DAM GOLD PROJECT REVENUE A$1.9 MILLIONFurther company coverage: GBZ.AX ((Reuters.Briefs@thomsonreuters.com))","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241206:nFWN3N60JB:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["GBZ.AU"],"gpt_icon":0},{"id":"2489288634","title":"GBM Resources increases White Dam gold output as sale process continues","url":"https://stock-news.laohu8.com/highlight/detail?id=2489288634","media":"Small Caps","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2489288634?lang=en_us&edition=fundamental","pubTime":"2024-12-06 09:05","pubTimestamp":1733447124,"startTime":"0","endTime":"0","summary":"GBM Resources  continues to ramp up production at the White Dam gold project in South Australia as it waits for the completion of the mine’s sale.Still under GBM’s control, production at White Dam has been boosted by the introduction of new heap leach material into the circuit.The company has sold approximately 466 ounces of gold from White Dam in the current quarter, with revenue of approximately $1.9 million received.Chief executive officer Peter Rohner said access to new heap leach material under irrigation had boosted gold production and revenue, along with mineralised material recovered from around the gold room and elution circuits.The rising Australian dollar gold price also played a part.Mr Rohner also noted the potential for higher gold production again next quarter as a result of ongoing maintenance programs.GBM announced the sale of its 100% interest in White Dam to Olary Gold Mines in July, in an effort to refine its portfolio—however, the deal is still to be completed.“Whi","market":"hk","thumbnail":"https://cdn.shortpixel.ai/client/w_868,q_lossy,to_auto,ret_wait/https://150309019.v2.pressablecdn.com/wp-content/uploads/2024/12/GBM-Resources-ASX-GBZ-White-Dam-Gold-Project-Update.jpg","type":0,"news_type":0,"thumbnails":["https://cdn.shortpixel.ai/client/w_868,q_lossy,to_auto,ret_wait/https://150309019.v2.pressablecdn.com/wp-content/uploads/2024/12/GBM-Resources-ASX-GBZ-White-Dam-Gold-Project-Update.jpg"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://smallcaps.com.au/gbm-resources-increases-white-dam-gold-output-sale-process-continues/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"smallcap_stock","symbols":["BK7104","GBZ.AU"],"gpt_icon":0},{"id":"2489415688","title":"GBM Resources Ltd - Current Quarter to Date White Dam Gold Project Revenue a$1.9 Mln","url":"https://stock-news.laohu8.com/highlight/detail?id=2489415688","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2489415688?lang=en_us&edition=fundamental","pubTime":"2024-12-06 05:21","pubTimestamp":1733433678,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241205:nFWN3N60JB:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["GBZ.AU","BK7104"],"gpt_icon":0},{"id":"2484688926","title":"ASX Small-Cap Stocks to Watch","url":"https://stock-news.laohu8.com/highlight/detail?id=2484688926","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2484688926?lang=en_us&edition=fundamental","pubTime":"2024-11-18 07:47","pubTimestamp":1731887264,"startTime":"0","endTime":"0","summary":"Investors are likely to keep an eye on the following small-cap stocks listed on the Australian Securities Exchange.Memphasys The biotechnology company reached 95% of the target patient pool in its clinical trial for the Felix system, a sperm separation technology for assisted reproductive treatments, with recruitment expected to finish by year-end.Many Peaks Minerals Many Peaks Minerals named Francis Harper independent non-executive chairman, effective Dec. 1, succeeding Executive Chairman Travis Schwertfeger, who will transition to the managing director role.Spectur The technology company's subsidiary, 3 Crowns Technologies, secured a three-year contract with New South Wales Government agency Transport for NSW to provide cameras and analytic services, with a minimum value of AU$787,428 and optional extensions of up to nine years.GBM Resources GBM Resources' White Dam Gold project in South Australia shipped roughly 500 ounces of gold in the current quarter to date, valued at about AU$2","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["MPK.AU","GMN.AU","SP3.AU","BK7084","MEM","GBZ.AU","BK7048","MEM.AU","XKO.AU","BK7104","XAO.AU","BK7095","XJO.AU"],"gpt_icon":0},{"id":"2477840012","title":"GBM Resources Insiders Placed Bullish Bets Worth AU$944.6k","url":"https://stock-news.laohu8.com/highlight/detail?id=2477840012","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2477840012?lang=en_us&edition=fundamental","pubTime":"2024-10-22 06:42","pubTimestamp":1729550523,"startTime":"0","endTime":"0","summary":"Usually, when one insider buys stock, it might not be a monumental event. But when multiple insiders are buying like...","market":"nz","thumbnail":"https://images.simplywall.st/asset/industry/2053000-choice1-main-header/1585186555515","type":0,"news_type":0,"thumbnails":["https://images.simplywall.st/asset/industry/2053000-choice1-main-header/1585186555515"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://simplywall.st/stocks/au/materials/asx-gbz/gbm-resources-shares/news/gbm-resources-insiders-placed-bullish-bets-worth-au9446k","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"simplywall_highlight","symbols":["GBZ.AU","BK7104"],"gpt_icon":0},{"id":"2477041324","title":"BRIEF-GBM Resources Signs A$12 Mln Sale And Farm-In Agreement On Twin Hills","url":"https://stock-news.laohu8.com/highlight/detail?id=2477041324","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2477041324?lang=en_us&edition=fundamental","pubTime":"2024-10-21 08:31","pubTimestamp":1729470668,"startTime":"0","endTime":"0","summary":"Oct 21 (Reuters) - GBM Resources Ltd   :   * A$12 MILLION SALE AND FARM-IN AGREEMENT ON TWIN HILLS SIGNEDFurther company coverage:    ((Reuters.Briefs@thomsonreuters.com;))","market":null,"thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["GBZ.AU","BK7104"],"gpt_icon":0},{"id":"2477017369","title":"GBM signs $12M farm-in agreement to progress Twin Hills gold play","url":"https://stock-news.laohu8.com/highlight/detail?id=2477017369","media":"The Market Herald","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2477017369?lang=en_us&edition=fundamental","pubTime":"2024-10-21 06:35","pubTimestamp":1729463700,"startTime":"0","endTime":"0","summary":"GBM Resources Ltd  has signed a $12 million agreement with significant shareholder Wise Walkers to advance the Twin Hills gold project in Queensland’s Drummond Basin.According to the long form farm-in agreement signed between the two companies, GBM will receive $6 million in cash. Wise Walkers will sole fund further exploration at the play – to the tune of another $6M – over an 18-month period to earn a 70% interest in it.GBM would continue to hold a 30% interest up to the decision to mine Twin Hills, which holds a combined resource of 23.11 million tonnes at 1.3 grams per tonne (g/t) gold and 6.5 g/t silver for 999,200 ounces of gold and 4,824,600 ounces of silver.Managing Director and CEO Peter Rohner said the agreement reflected GBM’s desire to advance its assets while realising value for shareholders.Join the discussion. See what HotCopper users are saying about GBM Resources and be part of the conversations that move the markets.","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://themarketonline.com.au/gbm-signs-12m-farm-in-agreement-to-progress-twin-hills-gold-play-2024-10-21/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"markerherald_stock","symbols":["BK7104","GBZ.AU"],"gpt_icon":0},{"id":"2477013250","title":"GBM Resources Ltd -  a$12 Mln Sale and Farm-in Agreement on Twin Hills Signed","url":"https://stock-news.laohu8.com/highlight/detail?id=2477013250","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2477013250?lang=en_us&edition=fundamental","pubTime":"2024-10-21 05:19","pubTimestamp":1729459169,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241020:nFWN3LU1A0:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK7104","GBZ.AU"],"gpt_icon":0}],"pageSize":20,"totalPage":1,"pageCount":1,"totalSize":14,"code":"91000000","status":"200"}],"@#url:\"https://hq.skytigris.cn/fundamental/corporate_actions/details/GBZ.AU\",params:#limit:5,,,undefined,":[],"@#url:\"https://hq.skytigris.cn/fundamental/dividend/history\",params:#symbol:\"GBZ.AU\",market:\"AU\",,,undefined,":[]}}