Articles On GBM Resources (ASX:GBZ)

ShareCafeStocks of the Hour: STM, GBZ, VR1                    Sunstone Metals (ASX:STM) announced that their drilling has intersected more visible gold at the Limon target within the Bramaderos project in southern Ecuador. Sunstone Ma...

GBM Resources says a new geological model has provided a ‘significant high-grade’ vein target at its Yandan gold project. The model for the East Hill deposit and the broader Yandan mineral system demonstrates that the known mineralisation i...

The ASX is set to rise again on Wednesday Wall Street rallied on the back of bank stocks as Yellen eased concerns Fed interest rates decision ahead   The ASX is set to rise for a second straight day. At 7.30am AEDT, the ASX 200 April futu...

GBM has substantially improved the confidence and quality of gold resources at its Yandan project within the Drummond Basin following a key update. Almost half (47%) of the resource of 15.9Mt grading 1 gram per tonne (g/t) gold, or 514,500o...

Kalamazoo Resources (KZR) sells its 50 per cent stake in the Queens project in Victoria to joint venture partner Novo Resources for $1.5 million The sale comprises A$750,000 in cash and A$750,000 in Novo stock Kalamazoo says the sale...

GBM Resources (GBZ) sells its remaining 50 per cent interest in the Malmsbury gold project within the Victorian Goldfields The company will receive $1 million from TSX-listed Novo Resources as part of the deal, plus the issue of more tha...

RockTalk is a Stockhead video series featuring a roundtable of resources experts discussing a new macro topic each week.   In this episode, host Peter Strachan sits down with two emerging gold exploration and development companies to take a...

Its quarterlies season again as the ASX market announcements page becomes increasingly flooded with earnings lodgements. To save you the trouble of trudging through it all, we’ve wrapped up the highlights from some of the reports that caugh...

GBM has upgraded resources at its Twin Hills gold project in the Drummond Basin, northern Queensland to within a hair of the magic million ounce mark. The project is now assessed to have 999,200oz of contained gold, up 31% from the previous...

GBM’s intersection of high-grade gold has underscored its belief that the Malmsbury joint venture project in Victoria is highly prospective for gold mineralisation. Drilling at the Queens Birthday (MD20) and Leven Star (MD21) reefs returned...

Its quarterlies season again as the ASX market announcements page becomes increasingly flooded with earnings lodgements. To save you the trouble of trudging through it all, we’ve wrapped up the highlights from some of the reports that caugh...

Since reaching its peak in the summer of 2020, silver has fallen ~35% Smart money is going net long on silver, speculators almost net short; a good sign for silver outlook say Goehring & Rozencwajg This week’s top ASX precious metals s...

GBM Resources (GBZ) signs a farm-in agreement with Newcrest Operations, a subsidiary of Newcrest Mining (NCM), to advance its Mount Coolon Gold project in QueenslandNewcrest can acquire an interest of up to 75 per cent in the Mount Coolon t...

USD gold price continues to fall, currently $US1,621/oz Mixed bag of results for gold producers in Q1: Perseus, Northern Star outperformers so far Weekly small cap standouts: Strickland metals, Medallion Metals. GBM Resources Our Gold Dig...

GBM’s belief in the potential of its Mount Coolon gold project (and the wider Drummond Basin) has been validated in a big way with Newcrest signing up for a $25m farm-in agreement. Under the agreement, Newcrest will have the right to earn u...

21 Oct 2022 - A snapshot of the stocks on the move featuring Podium Minerals (ASX:POD), Life360 (ASX:360), GBM Resources (ASX:GBZ).

ShareCafeGrim start to last trading day for the week: ASX down 0.8% by Peter Milios   Energy and Information Technology are the only sectors up at noon, as the ASX looks to close out a pretty moderate week. The energy sector got a boost fro...

ShareCafeStocks of the Hour: POD, 360, GBZ                    Podium Minerals Limited (ASX:POD) announced 5E PGM1 results have been received for all outstanding drill holes, including the Central Ore Zone and the diamond core tailed h...

GBM Resources inks $25m farm in agreement with Newcrest over 330,000oz Mount Coolon project Strickland to spin out its Iroquois zinc-lead, Bryah Basin copper-gold projects into a new ASX company Resource update for Podium’s 3Moz Parkes Ree...

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

British PM Liz Truss quits, paving the way for Boris Johnson to come back Wall St fell overnight on higher rates outlook Yen breached 150 for the first time in 30 years   Local shares are set to fall on Friday, tracking the losses in New...

GBM Resources has entered into funding arrangements to continue exploration and mineral resource upgrade activities at its highly prospective Drummond Basin tenements in Queensland. The funds will come from the issue of secured convertible...

GBM’s exploration of its highly prospective Drummond Basin assets will shift into overdrive after the company raised $10m at a substantial premium. The funds will be raised through the issue of two $5m convertible notes to Collins Street Co...

GBM Resources (GBZ) secures a funding package to support exploration and development activities at its Drummond Basin tenements in QueenslandThis package includes a notes raise to issue Collins Street Convertible Note Fund up to $10 million...

ASX 200 jumps 1.8%  Small Caps index adds 0.8% TYR and AQC lead small cap wins   The ASX Emerging Companies index (XEC) has risen 0.7% on Thursday. The benchmark 200 index climbed 1.8% on heavy late trade following quasi-dovish language...

ASX 200 ends 1.4% lower Emerging Co’s index sheds 0.7% I knew IRIS Metals would do well today The S&P/ASX Emerging Companies index (XEC) fell by abut 0.7% on Wednesday. The benchmark 200 index was down 1.4%. Across the bourse (and th...

GBM Resources (GBZ) enters a trading halt ahead of a capital raiseTrading of GBZ shares will be paused until Friday, September 9, or until the company releases further details about the funds it is looking to raiseWhilst it is not yet known...

GBM has clearly demonstrated why it is so keen to focus on its Drummond Basin assets with the final holes at its Twin Hills project spitting out thick, significant zones of gold. Excellent results such as 81m grading 2.5 grams per tonne (g/...

GBM has completed its sale of the Mayfield copper-gold project in Queensland to C29 Metals for $210,000 in cash and 1.56 million C29 shares. It follows C29 exercising the option agreement from February and GBM executing a binding agreement...

GBM Resources has sold its Mt Morgan gold-copper project in Queensland to Canadian company Smartset Services. GBM had received shareholder approval at the 2021 Annual General Meeting to proceed with the transaction. The agreement sees GBM v...

GBM has executed a binding agreement to sell its non-core Mt Morgan gold-copper project to Smartset Services, allowing it to focus on its flagship Drummond Basin gold assets. The company will receive 20,459,545 shares in Smartset for the pr...

GBM Resources (GBZ) executes a binding agreement for the sale of its Mt Morgan project in Queensland to TSXV-listed Smartset Services In exchange for the Mt Morgan tenements, GBM will receive more than 20.45 million Smartset shares as well...

GBM’s run of gold hits at the 309 Deposit is continuing with more high-grade mineralisation identified outside of the existing resource model. This is highlighted by the 19m zone grading 5.22 grams per tonne (g/t) gold from a down-hole dept...

The ASX is set to open higher on Friday Wall Street and European stock markets rallied overnight Oil and Bitcoin have also climbed back up The ASX 200 is set to extend Thursday’s gains, with the July futures index pointing higher by 0.80%...

GBM Resources (GBZ) reports “excellent” results from its initial diamond drill program at the Twin Hills Project in Queensland The company undertook a roughly 7000 metre diamond drilling program at the 309 Deposit, completing 15 of its pla...

The ASX 200 and XEC small cap indices rise Attention turns to Tuesday’s date with RBA destiny Celsius Resources is hot   The ASX 200 and the Emerging Markets (XEC) indices are both trading higher on Monday up about 1.2%, ahead of tomorrow...

Drilling at GBM’s Malmsbury joint venture gold project has now defined the Missing Link Monzogranite target over 340m of strike and 40m width. Hole MD17 intersected a 65m zone of strongly altered and mineralised Missing Link Monzogranite fr...

GBM Resources (GBZ) is progressing the sale of its Mayfield project, in north-west Queensland, to copper explorer C29 Metals (C29) C29 has exercised its option to acquire a 100 per cent interest in the copper project which it says compleme...

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...

GBM’s goal of increased resources at the 309 Deposit at its Twin Hills project continues to gain momentum with drilling confirming the extension of gold mineralisation. Assays from a further two holes have returned thick zones of mineralisa...

GBM Resources (GBZ) is nearing completion of the phase one diamond drilling program at the Malmsbury Project joint venture (JV) in Victoria Seven diamond holes have been drilled to date with one hole remaining and results have been receive...

GBM has intersected a significant, high-grade gold zone at its Malmsbury joint venture project in Victoria with Canada’s Novo Resources. Notable results from the first three holes received to date are 14m at 6.1 grams per tonne (g/t) gold f...

GBM has already seen some great drill results at its Twin Hills project, however the latest assays really take the cake with a top 49m intersection grading 5.18g/t gold. Adding further interest, this top hit in hole 309DD22005 from a depth...

GBM Resources (GBZ) unveils a new round of “excellent” results from a diamond drilling program at its flagship Twin Hills project in Queensland. Drilling is progressing well, with 12 of the planned 17 holes drilled under the program, which...

GBM has sold the Brightlands Milo project in Queensland as part of its ongoing divestment of non-core assets to focus on gold exploration in the Drummond Basin. The sale of the IOCG, uranium and rare earths project to Canada’s Consolidated...

Initial results from diamond drilling at GBM’s Twin Hills project in the Drummond Basin, QLD have reinforced the potential of the 309 gold deposit to be a large, near-surface bulk mining play. The first two holes returned outstanding assays...

GBM Resources (GBZ) intersects up to 21.75 g/t gold from the first two holes of its maiden drill program at the 309 deposit in Queensland The company is drilling 17 diamond holes to confirm historical drilling results and data as well as...

The ASX200 closed lower Tuesday, shedding 72 points or 1.0%. The ASX Emerging Companies index (XEC) fell 3.3% to its lowest ebb since September last year. Tech stocks were hammered, most sectors fell hard. That’s largely because the confus...

The Mayfield project complements C29 Metals’ core projects and provides the opportunity to further expand its copper-gold inventory. 

GBM Resources (GBZ) starts phase one of the diamond core drilling program at the Twin Hills Project in Drummond Basin, Queensland The program will be undertaken at the 309 Deposit and is testing a series of high grade shoots at depth and d...