
GBM Resources Limited will commence its drilling program tomorrow on the Brightlands Copper Gold Project in North West Queensland.
The drilling program is scheduled to run to November 2010 and will target the Milo Prospect, T2 on the Tiger Prospect and under the open pit on the Magpie Mining Lease.
Program Overview:
1. Milo Prospect - Initial drilling at Milo Prospect has returned significant polymetallic intersections containing copper, gold, uranium, cobalt and molybdenum. Drilling has confirmed that this is an IOCG system with significant size potential. Interpretation of results to date is that it is a halo enveloping a large mineralizing system. Three 500 meters deep diamond holes are planned to target this system.
2. Tiger T2 Prospect - Soil sampling over the T2 target has defined large areas of anomalous copper with highest values coincident with the significant T2 SAM conductivity anomaly. A series of shallow RC holes are planned to identify the coincident SAM conductivity and high order copper anomalism in soils.
3. Magpie Mining Lease - Magpie Mining Lease provides a strategic holding for GBM as it lies on the southeast continuation of the geological trend hosting the Rocklands Cu Co deposit and consolidates the Company’s exploration activities in the Tiger Prospect area.
Historically the Magpie mining lease was shallow pit mined for high grade copper and shipped to Mt Isa by road for processing in the 1980’s. The mining lease has high potential as an oxide copper deposit. Initially, it is planned to drill three 150m RC holes under the shallow pit area.










