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GBM Resources: Expands gold mineralisation at Twin Hills

GBM Resources Expands gold mineralisation at Twin Hills

  • GBM Resources (GBZ) receives further results from drilling at the 309 deposit within its Twin Hills project in Queensland
  • Latest results come from two holes of the 7000-metre program, one of which intersected gold 254 metres outside of the existing resource boundary
  • The company says in addition to seeing high grades and broad gold zones, intersecting gold outside the current resource is encouraging and will be followed up
  • Once drilling has finished up at the 309 deposit, GBMResources will complete another 7000 metres of drilling at the nearby Lone Sister deposit
  • Company shares are down 14.9 per cent to trade at 7.4 cents at 1:24 pm AEST
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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