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GBM Resources Limited enters joint venture with Novo Resources for Malmsbury Gold Project


GBM Resources enters joint venture with Novo Resources for Malmsbury Gold Project
Both companies view Malmsbury as one of the most prospective and underexplored high-grade gold projects in the Victorian Goldfields, displaying many of the geological characteristics of the Fosterville epizonal orogenic gold deposit.
A diamond drilling program is expected to start in the June quarter 2021.
GBM Resources Limited (ASX:GBZ) has executed a formal purchase and joint venture agreement with Novo Resources Corp (TSE:NVO) for the Malmsbury Gold Project in the prolific Victorian Goldfields.
The Foreign Investment Review Board (FIRB) and Department of Jobs, Precincts and Regions (DJPR) approvals remain as the final steps of the formation of the joint venture (JV) and are expected within the March quarter of 2021. ....

Peter Rohner , Quinton Hennigh , Department Of Jobs , Malmsbury Gold Project , Foreign Investment Review Board , Malmsbury Gold , Victorian Goldfields , Malmsbury Project , Small Caps , General Mining Base Metals , Gbm Resources , Asx Gbz , பீட்டர் ரோஹ்னர் , துறை ஆஃப் வேலைகள் , மழ்ம்ஸ்பூரி தங்கம் ப்ராஜெக்ட் , வெளிநாட்டு முதலீடு விமர்சனம் பலகை , மழ்ம்ஸ்பூரி தங்கம் , விக்டோரியன் தங்க புலங்கள் , மழ்ம்ஸ்பூரி ப்ராஜெக்ட் , சிறிய தொப்பிகள் , ஜநரல் சுரங்க அடித்தளம் உலோகங்கள் , க்ப்ம் வளங்கள் ,