GBM Resources Announces High-Grade Gold Results at Twin Hills
Key points
- 101m @ 2.63g/t Gold at Lone Sister
- Significant intersections within existing resource
- Mineralisation extends beyond current resource boundaries
Full summary
GBM Resources Limited has released further assay results from its Stage 2 drilling program at the Twin Hills Gold Project in Queensland. The drilling aims to expand the existing Mineral Resource Estimate (MRE) of 23.1Mt @ 1.3g/t Au. Significant results include 101m @ 2.63g/t Au from 256m at Lone Sister, with notable high-grade intersections. The program also confirms mineralisation within the existing resource and extends it beyond current boundaries, indicating potential for resource growth. Approximately 8,400m of assays remain pending, which will contribute to the next MRE update expected in the December quarter.
Outlook
The ongoing drilling program is expected to improve confidence in the existing resource, expand mineralisation, and refine geological understanding, supporting the next Mineral Resource Estimate update.
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