Sale of White Dam Gold-Copper Project
Filed with ASX · · 6 pages · English
• GBM Resources Limited (GBM or Company) has entered into a conditional term sheet with Olary Gold Mines Limited (Olary) in relation to the sale of the White Dam gold-copper heap leach project (White Dam). • Total consideration of $2.95 million in cash and a 1.5% net smelter royalty (capped at $2.5 million). • GBM to provide ongoing management, technical and administrative support for a period of
Story so far
Earlier from GBM Resources
- Share Placement and Non-Renounceable Entitlement Issue
- Reinstatement to Quotation
- Voluntary Suspension
- Pause in Trading
- Farm-In Agreement - White Dam Project Area
Later from GBM Resources
- Binding $12 Million Sale and Farm-in Agreement on Twin Hills
- GBM Resources Limited - Asset Divestments Update
- $12 Million Sale and Farm-in Agreement on Twin Hills Signed
- Newmont Intersects Mineralised Epithermal Veining - Glen Eva
- White Dam Gold Project Update
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