Australia's GBM Resources climbs on further gold find at Twin Hills
08/07/2022 03:23
** Shares of gold miner GBM Resources GBZ.AX rise as much
as 8.8% to A$0.062, set for their biggest intraday percentage
gain since June 24
** Says drilling at Twin Hills project in Queensland
continues to discover additional high grade gold mineralization,
which have the potential to increase the mineral resource
estimate of 501,000 ounces of gold for co urn:newsml:reuters.com:*:nASXc37xtG
** Twin Hills total mineral resource estimate is currently
760,700 ounces
** Stock down 50.4% this year, as of last close
(Reporting by Tejaswi Marthi in Bengaluru)
((tejaswi.marthi@thomsonreuters.com))
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