GBM Resources Limited (ASX: GBM) — Company Overview, News & Financial Data
GBM Resources Limited is an Australian mineral exploration and development company focused on gold discovery and resource expansion in Queensland's Drummond Basin.
GBM Resources Limited
GBM Resources Limited is an Australian mineral exploration and development company focused on gold discovery and resource expansion in Queensland's Drummond Basin. The company controls a portfolio of epithermal gold assets anchored by its flagship Twin Hills Gold Project, alongside the Yandan Gold Project and the Mt Coolon Gold Project. Together, these project areas encompass granted mining leases containing an estimated 1.84 million ounces of gold Mineral Resources. GBM Resources conducts targeted exploration and drilling programs to expand established gold systems and evaluate prospective regional targets across its consolidated tenement package in eastern Australia.
Snapshot
Operations
Products and/or services of GBM Resources Limited
- Flagship Gold Deposit Exploration: Active diamond and reverse-circulation drilling focused on expanding known high-grade epithermal gold mineralisation and defined resources across granted mining leases within a historic goldfield in the southern Drummond Basin region of Queensland.
- Secondary Epithermal Gold Development: Technical evaluation and resource expansion activities targeting shallow, low-sulphidation epithermal gold mineralisation, incorporating historical pit areas and surrounding open prospective structures within central Queensland tenement holdings.
- Regional Gold System Assessment: Regional exploration programs encompassing prospective strike extensions, historic mining centers, and multiple outlying satellite targets across consolidated tenure situated within a major gold-producing province in eastern Australia.
- Mineral Resource Estimation: Systematic resource modelling, geochemical sampling, and block model updates aimed at growing and upgrading the total estimated 1.84 million ounce gold resource base across granted mining leases and surrounding exploration permits.
- Geotechnical and Metallurgical Testing: Core logging, metallurgical test work, and hydrogeological assessments conducted on mineralised core samples to support preliminary economic evaluations, processing flowsheets, and future development study pathways for regional gold deposits.
- Tenement and Mining Lease Management: Environmental monitoring, land access negotiations, and regulatory compliance activities maintaining granted mining leases and exploration permits covering strategic landholdings in a well-established Australian mining district.
GBM Resources Limited executive team
- Daniel HastingsChief Executive Officer
- Andrew KrelleExecutive Director
- Kevin Ronald HartChief Financial Officer
- Lachlan LynchCompany Secretary
Latest news about GBM Resources Limited
Recent announcements
What GBM Resources Limited (GBM) has told the market, newest first.
- High Grade Gold Extends Beyond Twin Hills ResourcesPrice sensitive
- Appendix 4G and 2026 Corporate Governance Statement
- Annual Report to shareholders
Key financials
Reported results for GBM Resources Limited, in AUD.
- Market cap
- 88.4M
- Revenue (TTM)
- 2.9M
- P/E ratio
- —
- EPS (diluted, TTM)
- 0.0
- Dividend yield
- —
- Profit margin
- 0.0%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| — | -5.5M | -9M | |
| 330.7K | -5.4M | -3.9M | |
| 408.6K | -1.5M | -5.9M | |
| 2.6M | -426K | -2.1M |