Directors

Peter Thompson

Managing Director/Executive Chairman

 

Mr Thompson is a CPA qualified accountant and Fellow of Chartered Secretaries Australia with more than 30 years’ experience in the mining industry both  in Australia and internationally.

 

Mr Thompson has held senior executive roles with a number of major   mining companies including Mt Edon Gold Mines, MIM Holdings Ltd and Xstrata Plc.

 

Since 2000, Mr Thompson has been involved in the development of various infrastructure projects, including mine and refinery expansions and establishment of infrastructure including roads, rail, port and power utilities.

 

Mr Thompson was previously a director of Western Australian iron ore producer Golden West Resources Limited and Queensland based mining and civil contractor JJ McDonald & Sons Group.

 

Mr Thompson has held no other directorships of listed companies in the last 3 years.

 

 

Neil Norris

Exploration Director - Executive

 

Mr Norris is a geologist with over 25 years’ experience in the resource industry in Australia and internationally.

 

Most recently he was Group Exploration Manager for Perseverance Corporation Limited and spent over ten years with Newmont Australia Limited holding senior executive positions in both the mining and exploration area. One of  Neil’s key achievements during his career  was the development of the geological models which contributed to the discovery of the Phoenix ore body at Fosterville, owned by TSX listed Crocodile Gold. Mr Norris was also involved in the discovery of Newcrest Mining’s world class Cadia and Ridgeway gold-copper Deposit in Australia.

 

Mr Norris has a solid track record in successful identification of mineral deposits and his experience will significant advance GBM's exploration efforts.

 

Mr Norris has held no other directorships of listed companies in the last 3 years.

 

 

Hung Seng Tan

Non - Executive Director

 

Mr Tan has over 30 years' experience in the process engineering sector both in China and Singapore. He was founder of BMS Technology PL, a manufacturer for the hard disk industry in Singapore and China. Mr Tan led BMS Technology in a successful merger and later 100% acquisition of that company by Nidec Corporation of Japan which is listed on both New York and Tokyo stock excharges.

Mr Tan holds a Master of Business Administration from University of Hull, United Kingdom and obteined his Advanced Diploma in Management Study and Production Engineering. Mr Tan has a proven track record in business development and extensive business relations in China and the Asia capital markets.

Current Share Price
1.0c
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Current Gold Price
US$1332.00

Latest News

Report for the Quarter ended 31st December 2017
The December Quarter represents a pivotal period for the Company withkey activities together marking a major step forward in realising nearterm gold production from the Mt Coolon Gold Project while at the sametime providing the opportunity for a longer mine life by incorporating significant additional gold resources from the Twin Hills Gold Project.
31 January 2018
GBM Acquires The Twin Hills Gold Project
• Binding Heads of Agreement signed with Minjar Gold Pty Ltd1 to acquire 100% interest in Twin Hills Gold Project proximate to GBM’s Mt Coolon Gold Project.
• Acquisition cost is $1.5m on a deferred settlement basis and the issue of 50m ordinary fully paid shares in the Company
• The acquisition further underwrites the development of the Mt Coolon Gold Project, potentially doubling its resource base and adding significant exploration potential.
• The Twin Hill Gold Project published inferred resource is estimated
at 398,000 ounces2 Executive
22 December 2017
Non Binding Ore Purchase Term Sheet With Pajingo Gold Mine
• GBM will sell its Mt Coolon high grade Glen Eva and Koala resources over a 2.5 year period.
• Mining is planned to commence in the September quarter 2018.
• GBM will mine and transport the material to the Pajingo Gold Mine and Pajingo will batch process.
• The commercial terms are based on open book approach and the nett proceeds from gold sales will be allocated 50:50 to the parties.
• This opportunity with Minjar1 can transform GBM from a capital dependent Company to cash flow generating.
19 December 2017

Latest Reports

Report for the Quarter ended 31st December 2017
The December Quarter represents a pivotal period for the Company withkey activities together marking a major step forward in realising nearterm gold production from the Mt Coolon Gold Project while at the sametime providing the opportunity for a longer mine life by incorporating significant additional gold resources from the Twin Hills Gold Project
31 January 2018
Report for the Quarter ended 30th September 2017
- Mount Coolon Gold Project
The Company has engaged Mining One Consultants to complete a scoping study in conjunction with a range of other specialists, on the Mount Coolon Gold Project.
23 October 2017
Annual Report
Dear Fellow Shareholders
GBM Resources continues to actively pursue its key objective of developing
and extending the known resources within the Company’s highly
prospective tenement holding in the Drummond Basin, Queensland.
6 October 2017

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Contact Address

GBM Resources

ABN 91 124 752 745

Suite 8, 7 The Esplanade,
MT PLEASANT WA 6153

T: (08) 9316 9100

F: (08) 9315 5475

E: info@gbmr.com.au

 

Exploration Office

10 Parker St, Castlemaine VIC 3450

T: (03) 5470 5033