Sustainable Development

 

GBM is committed to safe and responsible development of Australia’s mineral resources.
 
GBM moved quickly after listing on the ASX in October 2007 to establish a working environment and culture that places the safety of all as the number one priority. Supporting key policies, the company has established an Occupational Health and safety Management plan and a range of management standards and operating procedures. These will be reviewed by staff and management as part of a process of continuous improvement in all aspects of the company’s operations.
 
GBM is encouraging a culture of awareness and respect for the environments in which we operate. Exploration activities include assessment of each site with all practicable measures taken to minimise any environmental impacts, and to implement rehabilitation in a timely manner.
 
During the year GBM became a member of the Mining Council of Australia (MCA), actively participating in the activities of the Victorian Branch. GBM is a signatory to the MCA’s Enduring Value, the Australian Minerals Industry framework for sustainable development.
 
Key achievements in our first year of operation were;
 
  • Adoption of key policies (Occupational Health and Safety Policy, Fit for Work Policy and Occupational Rehabilitation Policy).
  • Establishment of a safety management system including adoption of Safety Management Plan and Management Standards.
  • One LTI was sustained on our sites though out the year, however GBM has a target of zero injuries.
  • 100% of all drill sites have been rehabilitated satisfactorily
  • Zero significant environmental incidents.
 
GBM is committed to establishing a culture of understanding and respect for the communities in which we work. To this end consultation was conducted with our neighbours and is considered a key part of doing business. Periodic information updates are provided to all stakeholders.
 
 
 
Diamond drilling in progress
 
 
 

Same drill site rehabilitated

Current Share Price
1.1c
Visit ASX Website
Current Gold Price
US$1199.90

Latest News

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
Investment Sale
Australian Resources company GBM Resources Limited (ASX: GBZ) (“GBM” or “the Company”) is pleased to announce that it has completed the sale of 17,610,618 ordinary shares in Anchor Resources Pte Ltd (Anchor), a company listed on the Catalist Board of the Singapore Stock Exchange, for a total amount of $1.257 million.
11 July 2017
Scoping Study Commisioned on the Mount Coolon Gold Project, QLD
Australian Resources company GBM Resources Limited (ASX: GBZ) (“GBM” or “the Company”) is pleased to announce that it has engaged Mining One Consultants to complete a scoping study on the Mount Coolon Gold Project.
6 July 2017

Latest Reports

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
Report for the Quarter ended 31st December 2016
Highlights

Mount Coolon Gold Project:

Koala Gold deposit:
• Stage 1 of drilling programme has been completed at the Koala Gold Mine with 23 diamond holes drilled for a total of 1,303 metres
• Results have confirmed the presence of remnant high-grade gold mineralisation in quartz vein and breccia style settings throughout the old stope areas tested.
• The Company has commenced Stage 2 drilling in January 2017 and the program forms part of the Study to evaluate recommencement of mining operations at the Koala Gold Mine.
31 January 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