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GBM GOLD LIMITED - ASX: GBM
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Description
GBM Gold Ltd (GBM) operates 5 distinct gold mining projects, each involving one or more tenements, resource blocks and/or exploration targets within the Central Victorian region.
At present GBM's main operational focus is on gold producion at the Inglewood Project where a growing team operates the Maxwells processing plant with ore from various surface deposits as well as from the adjacent Maxwells Mine. The mining team at the Maxwells mine is deployed to various high grade mineralized shoots with access from various existing levels within the Maxwell's Mine.
A significant geological and exploration program is underway to substantially lift the drill indicated resource levels.
Whilst GBM's focus is primarily on Central Victorian gold production, involvement in other activities. These include dealing in industrial materials, mainly sands and gravels, which are by-products derived from some of its gold operations and investing in other stand-alone gold operations elsewhere.
GBM Gold has highly focused, Bendigo based management and geology teams supporting its on site gold mining, production and exploraion activities.
Mine For
gold
Location of operation(s)
Victoria
Address
Unit 2, 8 Wood St, Long Gully
BENDIGO, VIC, AUSTRALIA
Phone
(61 3) 5445 2300
Website
Last Updated
13/7/2011
The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.
