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GBM Resources LimitedASX: GBM

Novo Resources Exercises 50% Option Over Malmsbury Project

Sep 24, 2020 at 11:17 PM EDT · Issued by GBM Resources Limited

Filed with ASX · Sep 24, 2020 at 11:17 PM EDT

On 6ix: 6ix.com/news/novo-resources-exercises-50percent-option-over-malmsbury-project

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Story so far

  • Retention Licence Approved at the Malmsbury ProjectJun 24, 2020
  • Malmsbury JV with Novo and $1m Share Placement with EuropacMar 31, 2020
  • New exploration targeting at MalmsburyMar 2, 2020

Earlier from GBM Resources

  • Commencement of Drilling at Mt Coolon Gold ProjectSep 9, 2020
  • Exploration Licence Applications in Drummond Gold BasinAug 18, 2020
  • White Dam Maiden JORC 2012 Resource of 102kozAug 9, 2020
  • White Dam Heap Leach JV Operations CommenceJul 23, 2020
  • Entitlement Issue Shortfall Notice and Share PlacementJul 1, 2020

Later from GBM Resources

  • First Gold Dore Produced at White DamOct 4, 2020
  • Acquisition of Yandan Gold Project and Conditional PlacementOct 19, 2020
  • Initial results from Glen Eva drilling at Mt CoolonOct 22, 2020
  • Resources to Total 852k ozs on Completion Yandan AcqnDec 22, 2020
  • Malmsbury Gold Project UpdateJan 15, 2021
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