GBM adds to Mt Coolon resource

ASX-listed GBM Resources has updated the mineral resource estimate at its Mt Coolon gold project, in Western Australia, to include the Twin Hills gold deposits. A new Joint Ore Reserves Committee compliant mineral resource of 633 000 oz has been estimated for the two Twin Hill deposits, resulting in a 66% increase in the Mt Coolon gold resource, to 963 000 oz, at an average grade of 2.2 g/t gold.