GBM Resources Begins Stage Two Drilling Program at Queensland Project, Shares Jump 8%
MT Newswires Live
Feb 12
GBM Resources (ASX:GBM) began a multi-rig 50,000-meter stage two drilling program at the Twin Hills project in Queensland, according to a Thursday Australian bourse filing.
The program consists of around 20,000 meters of reverse circulation and 30,000 meters of diamond drilling. The drilling will prioritise the definition and expansion of near-surface mineralisation suitable for open-pit mining.
Its shares climbed 8% in recent trading on Thursday.
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