MAYFIELD GOLD COPPER LEAD ZINC PROJECT

EPM19483

Granted licence EPM19483, located to the south of Cloncurry, surrounds the Trekelano copper mine and extends southwards to within close proximity of the Tick Hill gold mine.

The Trekelano copper mine is a high grade, structurally hosted copper gold deposit with a known metal inventory*1 (production and resources) of 63,000tonnes of copper and 73,000 ounces of gold.

Trekelano is currently being explored by Ivanhoe Australia which recently reported high grade copper intersections, including 44metres @ 5.7% Cu and 1.4 g/t Au (TRNQ53, Presentation to Global Resources Conference 26-27 September 2011). The Tick Hill gold mine has produced*2 513,333 ounces from 705,000 tonnes of ore at an average grade of 22.6 g/t Au, ranking it as one of the most significant, high grade gold producers in Australia’s modern mining era.

Preliminary research by GBM Resources has identified a number of promising results in data obtained from open file exploration reports. These include significant copper intersections from the Clarries Prospect and base metal intervals from drilling at Maiden Creek. In addition, a soil geochemical survey at Kiama indentified a semi-circular feature at plus 100ppm Cu.

This 1.2 kilometre long, 120 metres wide prospect is located immediately south of an untested magnetic high.

 

                                           Mayfield tenement plan

Current Share Price
1.0c
Visit ASX Website
Current Gold Price
US$1285.50

Latest News

Notice of Annual General Meeting & Explanatory Statement
Dear Fellow GBM Resources Shareholder,
Please find enclosed the Notice of Annual General Meeting for the Shareholders’ Meeting to be held at HLB Mann Judd, Level
4, 130 Stirling Street, Perth, Western Australia at 11.00am on Thursday, 9th November 2017.
9 November 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
CORPORATE GOVERNANCE STATEMENT Financial Year Ended 30 June 2017
The Board of Directors (“Board”) is responsible for the overall corporate governance of the Company, including the establishing and monitoring of key performance goals.
6 October 2017

Latest Reports

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
Report for the Quarter Ended 30th June 2017
HIGHLIGHTS:
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. The Scoping Study is scheduled for completion in August.
• The Company appointed mining engineer, Mr Ian Horton, to the newly created role of General Manager of the Mount Coolon Gold Project.
• Gold resource increased at the Glen Eva deposit by 77% to 0.9Mt averaging 2.2 g/t Au containing an estimated 66,000 ounces. Potential exists to extend the Glen Eva Resource along strike and down dip.
31 July 2017
Report for the Quarter ended 31st March 2017
March Quarter Report 2017
31 March 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