Gbm Resources Limited.

GBM.ASX

Materials

Mineral Exploration

Market Data

Price

$0.025

+0.1%
Market Cap

$112.9M

P/E Ratio

-100000.0x

EPS

$-0.006

Div. Yield

0.00%

52-Week Change

-0.3%

Latest Earnings

March 2026 Quarterly Report

30 April 2026

GBM Resources completed outstanding Stage 1 drilling at Twin Hills with exceptional results including 52m @ 2.77g/t Au and 37m @ 5.00g/t Au, and has commenced a large-scale 50,000m Stage 2 drilling program with three rigs operating. The company maintains a strong balance sheet with $37.6M cash and no debt, positioning it to significantly expand its ~1.84Moz Drummond Basin resource base. Key points: Outstanding Stage 1 drilling results with significant high-grade intersections at 309 deposit (37m @ 5.00g/t Au from 225m) and Lone Sister (52m @ 2.77g/t Au from 299m), with mineralisation outside existing MRE; Stage 2 multi-phased 50,000m drilling program commenced with three drill rigs operating; initial results post-quarter-end show continued high-grade zones (22m @ 3.65g/t Au and 115m @ 1.69g/t Au at Lone Sister); Excellent financial position with $37.6M cash, $1.4M listed investments, and zero debt providing substantial capacity to fund aggressive exploration and development programs

Recent Announcements

30 Apr 2026 Actual Results Positive

March 2026 Quarterly Report

GBM Resources completed outstanding Stage 1 drilling at Twin Hills with exceptional results including 52m @ 2.77g/t Au and 37m @ 5.00g/t Au, and has commenced a large-scale 50,000m Stage 2 drilling program with three rigs operating. The company maintains a strong balance sheet with $37.6M cash and no debt, positioning it to significantly expand its ~1.84Moz Drummond Basin resource base. Key points: Outstanding Stage 1 drilling results with significant high-grade intersections at 309 deposit (37m @ 5.00g/t Au from 225m) and Lone Sister (52m @ 2.77g/t Au from 299m), with mineralisation outside existing MRE; Stage 2 multi-phased 50,000m drilling program commenced with three drill rigs operating; initial results post-quarter-end show continued high-grade zones (22m @ 3.65g/t Au and 115m @ 1.69g/t Au at Lone Sister); Excellent financial position with $37.6M cash, $1.4M listed investments, and zero debt providing substantial capacity to fund aggressive exploration and development programs

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