GBM Resources - GBZ (ASX) News & Expert Insights from Stockhead

Its 100% owned flagship project in the Drummond Basin (QLD) holds ~1.5 Moz of gold in JORC resources (Mt Coolon, Yandan and Twin Hills). 2022 will see an expanded drilling program which is aiming to define 2-3 Moz and support GBM’s transition into a mid-tier Australian gold company.

Separately it also holds tenements in the Mt Morgan district (subject to a vend into a TSX company) and in the Mt Isa Inlier in Queensland (JV with Nippon Mining Australia – 54%). This is complemented by the cash generating White Dam Gold-Copper Project in South Australia in which GBM now holds a 100% interest.

KEY PEOPLE

Mr Rohner has over 30 years’ experience in the mining industry. In particular, he has been heavily involved in mineral process technology development including development of the Jameson flotation cell, IsaMill fine grinding and, more recently, significant involvement in further development of Glencore’s Albion Process (fine grind oxidative leach) technology.

Mr Rohner is currently a Technical Director of both the Core Group, which provides metallurgical processing solutions to its global clients, and Stibium China Holdings Ltd, which owns a producing gold asset in South Africa. He is also a director of Stibium Mining Pty Ltd and Tartana Resources Limited.

Mr Mullens has over 35 years’ experience in the mining industry from early exploration to development and mine production. He has been involved with major companies having worked for Rio Tinto and Mt Isa Mines at world class Broken Hill and Mt Isa Ag, Pb, Zn mines located in Australia.

Peter Mullens has been involved with Junior exploration and development companies for the past 25 years and is currently Non Executive Chairman of E2 Metals who are exploring for gold in Argentina.

He has had a history of success with junior exploration companies over the last 20 years including:

Acquiring Aquiline Resources’ Argentinean projects and the resulting sale to Pan American Silver for CAD $ 630 million in 2009.
Chief Geologist and director for Laramide Resources, and saw the stock rise from CAD 7 cents in 2002 to a peak of CAD $ 15.00. The number 1 company on the Toronto Venture Exchange in 2005.
Co-Founder and director of Lydian Resources who discovered and are developing the 4 million-ounce Amulsar Gold Deposit located in Armenia. He was involved with the company from prelisting to completion of the feasibility study.