Company Announcement: GBM Resources commences exploration at Mt Morgan Gold-Copper Project in Central Queensland
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Australian resources company GBM Resources Limited is pleased to advise it has recommenced exploration activities on the Mount Morgan Project as the Queensland wet season abates. The Mount Morgan Project is located 40km south west of Rockhampton in Queensland in close proximity to the world class Mt Morgan Copper-Gold mine which produced in excess of 8.0M ounces of gold (Au) and 400,000 tonnes of copper (Cu) metal. The Mount Morgan mine retains the largest gold production of any individual mine in Eastern Australia. The results of field work completed last year reinforces GBM’s decision to focus exploration on the Mount Morgan gold-copper project area and further supports its strategy of acquiring a significant footprint (applications and licenses over 900km2) in close proximity to the old Mount Morgan mine.
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