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

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Latest News

Mt Coolon Gold Project Scoping Study
Scoping Study Demonstrates the Potential Economic Viability of Recommencing the Mount Coolon Gold Project, Queensland
4 December 2017
Community Engagement Strategy Malmsbury Project
Under section 39 of the MRSD Act, all licensees have a duty to consult with the community throughout the period of the licence. This involves sharing information about any authorised activities that may affect the community and giving members of the community a reasonable opportunity to express their views about those activities. The type and level of consultation needed depends on the type of tenement, the complexity of the project, the potential risks and who may be affected.
28 November 2017
Notice of Retention Licence Application 2017
The Victorian Department of State Development, Business and Innovation (DSDBI) notified Belltopper Hill Pty. Ltd., a wholly owned subsidiary of GBM Resources Ltd. on the 17th November 2017 that it has been granted priority over the Retention Licence Application RLA006587 covering the Drummond Project in Central Victoria.
28 November 2017

Latest Reports

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
Report for the Quarter Ended 30th June 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. 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


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Contact Address

GBM Resources

ABN 91 124 752 745

Suite 8, 7 The Esplanade,

T: (08) 9316 9100

F: (08) 9315 5475



Exploration Office

10 Parker St, Castlemaine VIC 3450

T: (03) 5470 5033