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GBM Resources Accelerates Exploration and Asset Sales with Key Milestones in Q1 2025

4:23am on Monday 2nd of June, 2025 AEST Mining
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GBM Resources Accelerates Exploration and Asset Sales with Key Milestones in Q1 2025

4:23am on Monday 2nd of June, 2025 AEST
Key Points
  • Reprocessing of Drummond Basin geophysical data with expert geophysicist David McInnes
  • Execution of Mt Morgan Gold-Copper Project sale agreement to Lithium Energy Limited with staged payments and royalties
  • Newmont completes minimum commitment under $25 million farm-in at Mt Coolon Gold Project with further drilling planned
  • GBM retains 100% ownership of Cloncurry Copper Gold Project after Nippon Mining withdrawal and considers sale proposals
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