GBM Resources Expands gold mineralisation at Twin Hills
- 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 existing resource boundary
- The company says in addition to seeing high grades and broad gold zones, intersecting gold outside the current resource is encouraging and will be followed up
- Once drilling has finished up at the 309 deposit, GBMResources will complete another 7000 metres of drilling at the nearby Lone Sister deposit
- Company shares are down 14.9 per cent to trade at 7.4 cents at 1:24 pm AEST