Brightlands and Milo Iron-Oxide Copper-Gold (IOCG) Ree Project
(100% owned by GBM)
The Milo Project on Brightlands EPM14416 is located due east of Mount Isa, approximately 20km west of Cloncurry on the Barkly Highway, far northwest Queensland. Brightland contains numerous targets for structurally hosted and IOCG style copper and gold copper mineralisation.
The Milo IOCG system (within Brightlands) has an estimated resource containing 97,000 tonnes of copper, 14 million pounds of U3O8 and 108,000 tonnes of TREEYO and shows significant exploration upside.
Malmsbury Gold Project
(100% owned by GBM)
The Malmsbury Gold Project is part of a large Intrusive Related Gold System (IRGS) centred on Belltopper Hill. IRGS systems are known to persist to much greater depths in other regions and GBM considers the Malmsbury Project (located in Central Victoria) has the potential to host a large IRGS in a world class gold province. The project has 91,000 ounces of historical production and 104,000 ounces of the current resources.
Mayfield IOCG Project
(100% owned by GBM)
The Mayfield Project is located approximately 150 kilometres south east of Mount Isa within the Mary Kathleen Zone of the Eastern Succession.
The project has significant exploration potential with high order copper-gold geochemical and drilling anomalies adjacent to the high-grade Tick Hill Gold Mine and Trekelano Copper Mine in Queensland’s North West Mineral Province.
At either end of the project sit the Trekelano Cu-Au mine with a resource (2006) of 3.1 million tonnes @ 2.1% Cu and 0.64g/t Au, and the Tick Hill mine which produced 470,000 tonnes averaging 28g/t Au.
Yea W-Mo-Au IRGS Project, Queensland
(100% owned by GBM)
Work by GBM has focussed on the Monkey Gully and Mumbil Mines prospects near Yea in the north-west of the lease area.
Exploration in this area has included extensive ridge, spur and grid soil sampling, prospect-scale mapping and a small diamond drilling program.
- Economic W-Mo drill intercepts and large geochemical corridor requiring testing.
- Seven other defined prospects all with minimal exploration
- Numerous high-tenor Au stream sediment anomalies for follow-up
