# GBM: High Grade Gold Extends Beyond Twin Hills Resources

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/gbm-high-grade-gold-extends-beyond-twin-hills-resources--e56ed22c-81cd-4dbd-873d-595e200beef1

Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03148302

Publisher: asx

Original announcement: 2026-10-04T22:26:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-04T23:04:42.123Z

Atlas analysis updated: 2026-10-04T23:04:42.123Z

- Company: GBM Resources Limited

- Ticker: GBM

- Exchange: ASX

- Region: Queensland

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Drill results, Resource update

- Extracted: 2026-10-04 23:04:42 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

GBM Resources Limited announced high-grade gold drill results from its Stage 2 drilling program at the Twin Hills Gold Project in Queensland, Australia. Significant intercepts, including 18m at 12.01 g/t Au \(with 2m at 104.61 g/t Au\) at the 309 Deposit and 37m at 2.40 g/t Au \(with 4m at 7.77 g/t Au\) at Lone Sister, extend mineralization beyond current resource boundaries. These results strengthen the case for resource growth ahead of a planned Mineral Resource Estimate update.

Reasoning: The announcement reports multiple high-grade gold intercepts, including bonanza grades up to 104.61 g/t Au, that significantly extend mineralization beyond the current resource boundaries at both the 309 and Lone Sister deposits. These results strongly support potential resource growth and an upcoming MRE update.

- Positive factor: bonanza\_intercept

- Positive factor: high\_grade\_intercept

- Positive factor: step\_out\_extension

- Positive factor: qaqc\_disclosed

- Positive factor: compositing\_transparent

- Positive factor: jorc\_compliant

- Negative factor: apparent\_width\_only

Facts used in scoring: 21

## Classification and evidence

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: The release includes detailed QA/QC procedures, including the use of blanks, standards, duplicates, and certified laboratories \(ALS and Intertek\), with sign-off by a Competent Person.

Evidence · text

> Laboratory analysis is undertaken at ALS and Intertek in Townsville... GBM quality control procedures for sampling were implemented systematically; blanks \(coarse and pulp\), standards \(Certified Reference Materials\) and field duplicates \(quarter core\) were inserted; focused in mineralised zones... Mr Daniel Hastings, who is a Member of the Australasian Institute of Mining and Metallurgy \(AusIMM\)... to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’.

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: The document clearly states the cut-off grades \(0.4 g/t Au and 2.0 g/t Au\) and allowable internal dilution \(4m and 2m\) used for reporting intervals.

Evidence · text

> Significant assay results have been calculated using an Au cutoff grade of 0.4g/t Au... Allowable internal dilution is 4m. Where a significant assay result is referred to as being included as part of a larger interval, an Au cutoff grade of 2.0g/t Au has been used, and allowable internal dilution is 2m.

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The Competent Person's Statement confirms that the report is based on information compiled by a Member of the AusIMM and is compliant with the 2012 Edition of the JORC Code.

Evidence · text

> Mr Hastings has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’.

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: Mr Daniel Hastings, Chief Executive Officer and a Member of the AusIMM, is named as the Competent Person responsible for the Exploration Results.

Evidence · text

> The information in this report announcement that relates to Exploration Results is based on information compiled by Mr Daniel Hastings, who is a Member of the Australasian Institute of Mining and Metallurgy \(AusIMM\).

## Extracted facts

Stored fact records: 21. Some facts used in scoring do not have a stored record.

## Drill Results (21)

### TNDH048

[Link to this fact](https://atlas-staging.minestarters.com/news/gbm-high-grade-gold-extends-beyond-twin-hills-resources--e56ed22c-81cd-4dbd-873d-595e200beef1#fact-drill-facts-0)

Twin Hills · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: TNDH048
- Project: Twin Hills
- Commodity: gold
- Region: australia\_qld
- Reported Region: australia\_qld
- Ticker: GBM

#### Geometry

- Grade: 12.01
- Grade Unit: g/t
- Intercept: 18 m
- From: 247 m
- To: 265 m
- Intercept Depth: 247 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: drill
- Group ID: TNDH048:247-265
- Mining Method: underground

#### Location

- Location: 309 Deposit
- CRS: MGA Zone 55
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS and Intertek
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.4
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 4 m

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-10-04T00:00:00.000Z

Reasoning: High-grade intercept of 12.01 g/t Au over 18m extends mineralization beyond the current resource boundary at the 309 Deposit, indicating strong potential for resource growth.

- Positive factor: high\_grade\_intercept

- Positive factor: step\_out\_extension

- Negative factor: apparent\_width\_only

Evidence · text

> 18m @ 12.01g/t Au from 247m \(TNDH048\)

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "For personal use only ASX: GBM GBM RESOURCES LIMITED 3 309 Deposit At 309, drilling continues to identify high-grade min"

#### Rejected tags

**Bonanza Intercept** — Rejected; excluded from scoring

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Reason: 12.01 g/t Au is a strong grade for underground gold, and 18m width makes it a significant intercept \(GT = 216.18 g/t·m\).

Evidence · text

> 18m @ 12.01g/t Au from 247m \(TNDH048\)

**Step-Out Extension** — Rejected; excluded from scoring

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Reason: The intersection is approximately 85m from a previously reported intercept, indicating an extension of mineralization beyond the current resource.

Evidence · text

> Intersection is ~85m from the previously reported 37m @ 5.00g/t Au \(TNDH012\) identifying a compelling area for further drilling and potential resource growth.

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The document explicitly states that intercepts are downhole lengths and true widths are not known.

Evidence · text

> Intercepts are downhole lengths and true widths are not known.

### TNDH048

[Link to this fact](https://atlas-staging.minestarters.com/news/gbm-high-grade-gold-extends-beyond-twin-hills-resources--e56ed22c-81cd-4dbd-873d-595e200beef1#fact-drill-facts-1)

Twin Hills · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: TNDH048
- Project: Twin Hills
- Commodity: gold
- Region: australia\_qld
- Reported Region: australia\_qld
- Ticker: GBM

#### Geometry

- Grade: 104.61
- Grade Unit: g/t
- Intercept: 2 m
- From: 247 m
- To: 249 m
- Intercept Depth: 247 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: drill
- Group ID: TNDH048:247-249
- Mining Method: underground

#### Location

- Location: 309 Deposit
- CRS: MGA Zone 55
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS and Intertek
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 2
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 2 m

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-10-04T00:00:00.000Z

Reasoning: Exceptional bonanza-grade intercept of 104.61 g/t Au over 2m, indicating very high-grade mineralization within a larger zone and contributing significantly to resource growth potential.

- Positive factor: bonanza\_intercept

- Positive factor: high\_grade\_intercept

- Negative factor: apparent\_width\_only

Evidence · text

> 2m @ 104.61g/t Au from 247m

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "For personal use only ASX: GBM GBM RESOURCES LIMITED 3 309 Deposit At 309, drilling continues to identify high-grade min"

#### Rejected tags

**Bonanza Intercept** — Rejected; excluded from scoring

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Reason: 104.61 g/t Au is an exceptionally high grade for underground gold, well above the 15 g/t Au exceptional threshold.

Evidence · text

> 2m @ 104.61g/t Au from 247m

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The document explicitly states that intercepts are downhole lengths and true widths are not known.

Evidence · text

> Intercepts are downhole lengths and true widths are not known.

### TNDH048

[Link to this fact](https://atlas-staging.minestarters.com/news/gbm-high-grade-gold-extends-beyond-twin-hills-resources--e56ed22c-81cd-4dbd-873d-595e200beef1#fact-drill-facts-2)

Twin Hills · gold

#### Identity

- Hole ID: TNDH048
- Project: Twin Hills
- Commodity: gold
- Region: australia\_qld
- Reported Region: australia\_qld
- Ticker: GBM

#### Geometry

- Grade: 6.66
- Grade Unit: g/t
- Intercept: 5 m
- From: 189 m
- To: 194 m
- Intercept Depth: 189 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: drill
- Group ID: TNDH048:189-194
- Mining Method: underground

#### Location

- Location: 309 Deposit
- CRS: MGA Zone 55
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS and Intertek
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.4
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 4 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-04T00:00:00.000Z

Reasoning: Strong high-grade intercept of 6.66 g/t Au over 5m, further extending mineralization outside the current resource at 309.

- Positive factor: high\_grade\_intercept

- Positive factor: step\_out\_extension

- Negative factor: apparent\_width\_only

Evidence · text

> 5m @ 6.66g/t Au from 189m \(TNDH048\)

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "For personal use only ASX: GBM GBM RESOURCES LIMITED 3 309 Deposit At 309, drilling continues to identify high-grade min"

#### Rejected tags

**Bonanza Intercept** — Rejected; excluded from scoring

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Reason: 6.66 g/t Au is a strong grade for underground gold, exceeding the 4 g/t Au moderate threshold.

Evidence · text

> 5m @ 6.66g/t Au from 189m \(TNDH048\)

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The document explicitly states that intercepts are downhole lengths and true widths are not known.

Evidence · text

> Intercepts are downhole lengths and true widths are not known.

### TNDH048

[Link to this fact](https://atlas-staging.minestarters.com/news/gbm-high-grade-gold-extends-beyond-twin-hills-resources--e56ed22c-81cd-4dbd-873d-595e200beef1#fact-drill-facts-3)

Twin Hills · gold

#### Identity

- Hole ID: TNDH048
- Project: Twin Hills
- Commodity: gold
- Region: australia\_qld
- Reported Region: australia\_qld
- Ticker: GBM

#### Geometry

- Grade: 16.2
- Grade Unit: g/t
- Intercept: 2 m
- From: 189 m
- To: 191 m
- Intercept Depth: 189 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: drill
- Group ID: TNDH048:189-191
- Mining Method: underground

#### Location

- Location: 309 Deposit
- CRS: MGA Zone 55
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS and Intertek
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 2
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 2 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-04T00:00:00.000Z

Reasoning: Very high-grade intercept of 16.20 g/t Au over 2m, contributing to the overall strong result and indicating significant mineralization.

- Positive factor: bonanza\_intercept

- Positive factor: high\_grade\_intercept

- Negative factor: apparent\_width\_only

Evidence · text

> 2m @ 16.20g/t Au from 189m

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "For personal use only ASX: GBM GBM RESOURCES LIMITED 3 309 Deposit At 309, drilling continues to identify high-grade min"

#### Rejected tags

**Bonanza Intercept** — Rejected; excluded from scoring

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Reason: 16.20 g/t Au is an exceptionally high grade for underground gold, exceeding the 15 g/t Au exceptional threshold.

Evidence · text

> 2m @ 16.20g/t Au from 189m

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The document explicitly states that intercepts are downhole lengths and true widths are not known.

Evidence · text

> Intercepts are downhole lengths and true widths are not known.

### TNDH050

[Link to this fact](https://atlas-staging.minestarters.com/news/gbm-high-grade-gold-extends-beyond-twin-hills-resources--e56ed22c-81cd-4dbd-873d-595e200beef1#fact-drill-facts-4)

Twin Hills · gold

#### Identity

- Hole ID: TNDH050
- Project: Twin Hills
- Commodity: gold
- Region: australia\_qld
- Reported Region: australia\_qld
- Ticker: GBM

#### Geometry

- Grade: 5.8
- Grade Unit: g/t
- Intercept: 5 m
- From: 118 m
- To: 123 m
- Intercept Depth: 118 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: drill
- Group ID: TNDH050:118-123
- Mining Method: underground

#### Location

- Location: 309 Deposit
- CRS: MGA Zone 55
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS and Intertek
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.4
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 4 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-04T00:00:00.000Z

Reasoning: Strong high-grade intercept of 5.80 g/t Au over 5m, further extending mineralization outside the current resource at 309.

- Positive factor: high\_grade\_intercept

- Positive factor: step\_out\_extension

- Negative factor: apparent\_width\_only

Evidence · text

> 5m @ 5.80g/t Au from 118m in TNDH050

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "For personal use only ASX: GBM GBM RESOURCES LIMITED 3 309 Deposit At 309, drilling continues to identify high-grade min"

#### Rejected tags

**Bonanza Intercept** — Rejected; excluded from scoring

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Reason: 5.80 g/t Au is a strong grade for underground gold, exceeding the 4 g/t Au moderate threshold.

Evidence · text

> 5m @ 5.80g/t Au from 118m in TNDH050

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The document explicitly states that intercepts are downhole lengths and true widths are not known.

Evidence · text

> Intercepts are downhole lengths and true widths are not known.

### TNDH050

[Link to this fact](https://atlas-staging.minestarters.com/news/gbm-high-grade-gold-extends-beyond-twin-hills-resources--e56ed22c-81cd-4dbd-873d-595e200beef1#fact-drill-facts-5)

Twin Hills · gold

#### Identity

- Hole ID: TNDH050
- Project: Twin Hills
- Commodity: gold
- Region: australia\_qld
- Reported Region: australia\_qld
- Ticker: GBM

#### Geometry

- Grade: 9.44
- Grade Unit: g/t
- Intercept: 3 m
- From: 120 m
- To: 123 m
- Intercept Depth: 120 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: drill
- Group ID: TNDH050:120-123
- Mining Method: underground

#### Location

- Location: 309 Deposit
- CRS: MGA Zone 55
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS and Intertek
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 2
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 2 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-04T00:00:00.000Z

Reasoning: Very high-grade intercept of 9.44 g/t Au over 3m, contributing to the overall strong result and indicating significant mineralization.

- Positive factor: bonanza\_intercept

- Positive factor: high\_grade\_intercept

- Negative factor: apparent\_width\_only

Evidence · text

> 3m @ 9.44g/t Au from 120m

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "For personal use only ASX: GBM GBM RESOURCES LIMITED 3 309 Deposit At 309, drilling continues to identify high-grade min"

#### Rejected tags

**Bonanza Intercept** — Rejected; excluded from scoring

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Reason: 9.44 g/t Au is a strong grade for underground gold, exceeding the 7 g/t Au strong threshold.

Evidence · text

> 3m @ 9.44g/t Au from 120m

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The document explicitly states that intercepts are downhole lengths and true widths are not known.

Evidence · text

> Intercepts are downhole lengths and true widths are not known.

### TNDH050

[Link to this fact](https://atlas-staging.minestarters.com/news/gbm-high-grade-gold-extends-beyond-twin-hills-resources--e56ed22c-81cd-4dbd-873d-595e200beef1#fact-drill-facts-6)

Twin Hills · gold

#### Identity

- Hole ID: TNDH050
- Project: Twin Hills
- Commodity: gold
- Region: australia\_qld
- Reported Region: australia\_qld
- Ticker: GBM

#### Geometry

- Grade: 2.02
- Grade Unit: g/t
- Intercept: 5 m
- From: 169 m
- To: 174 m
- Intercept Depth: 169 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: drill
- Group ID: TNDH050:169-174
- Mining Method: underground

#### Location

- Location: 309 Deposit
- CRS: MGA Zone 55
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS and Intertek
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.4
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 4 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-04T00:00:00.000Z

Reasoning: Moderate-grade intercept of 2.02 g/t Au over 5m, contributing to the extension of mineralization outside the current resource at 309.

- Positive factor: moderate\_grade\_intercept

- Positive factor: step\_out\_extension

- Negative factor: apparent\_width\_only

Evidence · text

> 5m @ 2.02g/t Au from 169m

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "For personal use only ASX: GBM GBM RESOURCES LIMITED 3 309 Deposit At 309, drilling continues to identify high-grade min"

#### Rejected tags

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The document explicitly states that intercepts are downhole lengths and true widths are not known.

Evidence · text

> Intercepts are downhole lengths and true widths are not known.

### TNDH050

[Link to this fact](https://atlas-staging.minestarters.com/news/gbm-high-grade-gold-extends-beyond-twin-hills-resources--e56ed22c-81cd-4dbd-873d-595e200beef1#fact-drill-facts-7)

Twin Hills · gold

#### Identity

- Hole ID: TNDH050
- Project: Twin Hills
- Commodity: gold
- Region: australia\_qld
- Reported Region: australia\_qld
- Ticker: GBM

#### Geometry

- Grade: 7.32
- Grade Unit: g/t
- Intercept: 1 m
- From: 169 m
- To: 170 m
- Intercept Depth: 169 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: drill
- Group ID: TNDH050:169-170
- Mining Method: underground

#### Location

- Location: 309 Deposit
- CRS: MGA Zone 55
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS and Intertek
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 2
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 2 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-04T00:00:00.000Z

Reasoning: High-grade sub-interval of 7.32 g/t Au over 1m within a broader mineralized zone, indicating significant mineralization.

- Positive factor: high\_grade\_intercept

- Negative factor: apparent\_width\_only

Evidence · text

> 1m @ 7.32g/t Au

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "For personal use only ASX: GBM GBM RESOURCES LIMITED 3 309 Deposit At 309, drilling continues to identify high-grade min"

#### Rejected tags

**Bonanza Intercept** — Rejected; excluded from scoring

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Reason: 7.32 g/t Au is a strong grade for underground gold, exceeding the 7 g/t Au strong threshold.

Evidence · text

> 1m @ 7.32g/t Au

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The document explicitly states that intercepts are downhole lengths and true widths are not known.

Evidence · text

> Intercepts are downhole lengths and true widths are not known.

### TNDH021

[Link to this fact](https://atlas-staging.minestarters.com/news/gbm-high-grade-gold-extends-beyond-twin-hills-resources--e56ed22c-81cd-4dbd-873d-595e200beef1#fact-drill-facts-8)

Twin Hills · gold

#### Identity

- Hole ID: TNDH021
- Project: Twin Hills
- Commodity: gold
- Region: australia\_qld
- Reported Region: australia\_qld
- Ticker: GBM

#### Geometry

- Grade: 1.29
- Grade Unit: g/t
- Intercept: 21 m
- From: 221 m
- To: 242 m
- Intercept Depth: 221 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: drill
- Group ID: TNDH021:221-242
- Mining Method: underground

#### Location

- Location: 309 Deposit
- CRS: MGA Zone 55
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS and Intertek
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.4
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 4 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-04T00:00:00.000Z

Reasoning: Moderate-grade intercept of 1.29 g/t Au over 21m, contributing to the extension of mineralization outside the current resource at 309.

- Positive factor: moderate\_grade\_intercept

- Positive factor: step\_out\_extension

- Negative factor: apparent\_width\_only

Evidence · text

> 21m @ 1.29g/t Au from 221m in TNDH021

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "For personal use only ASX: GBM GBM RESOURCES LIMITED 3 309 Deposit At 309, drilling continues to identify high-grade min"

#### Rejected tags

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The document explicitly states that intercepts are downhole lengths and true widths are not known.

Evidence · text

> Intercepts are downhole lengths and true widths are not known.

### TNDH021

[Link to this fact](https://atlas-staging.minestarters.com/news/gbm-high-grade-gold-extends-beyond-twin-hills-resources--e56ed22c-81cd-4dbd-873d-595e200beef1#fact-drill-facts-9)

Twin Hills · gold

#### Identity

- Hole ID: TNDH021
- Project: Twin Hills
- Commodity: gold
- Region: australia\_qld
- Reported Region: australia\_qld
- Ticker: GBM

#### Geometry

- Grade: 2.35
- Grade Unit: g/t
- Intercept: 3 m
- From: 238 m
- To: 241 m
- Intercept Depth: 238 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: drill
- Group ID: TNDH021:238-241
- Mining Method: underground

#### Location

- Location: 309 Deposit
- CRS: MGA Zone 55
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS and Intertek
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 2
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 2 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-04T00:00:00.000Z

Reasoning: Moderate-grade sub-interval of 2.35 g/t Au over 3m within a broader mineralized zone.

- Positive factor: moderate\_grade\_intercept

- Negative factor: apparent\_width\_only

Evidence · text

> 3m @ 2.35g/t Au from 238m

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "For personal use only ASX: GBM GBM RESOURCES LIMITED 3 309 Deposit At 309, drilling continues to identify high-grade min"

#### Rejected tags

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The document explicitly states that intercepts are downhole lengths and true widths are not known.

Evidence · text

> Intercepts are downhole lengths and true widths are not known.

### TNDH040

[Link to this fact](https://atlas-staging.minestarters.com/news/gbm-high-grade-gold-extends-beyond-twin-hills-resources--e56ed22c-81cd-4dbd-873d-595e200beef1#fact-drill-facts-10)

Twin Hills · gold

#### Identity

- Hole ID: TNDH040
- Project: Twin Hills
- Commodity: gold
- Region: australia\_qld
- Reported Region: australia\_qld
- Ticker: GBM

#### Geometry

- Grade: 1.26
- Grade Unit: g/t
- Intercept: 10 m
- From: 327 m
- To: 337 m
- Intercept Depth: 327 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: drill
- Group ID: TNDH040:327-337
- Mining Method: underground

#### Location

- Location: 309 Deposit
- CRS: MGA Zone 55
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS and Intertek
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.4
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 4 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-04T00:00:00.000Z

Reasoning: Moderate-grade intercept of 1.26 g/t Au over 10m, contributing to the extension of mineralization outside the current resource at 309.

- Positive factor: moderate\_grade\_intercept

- Positive factor: step\_out\_extension

- Negative factor: apparent\_width\_only

Evidence · text

> 10m @ 1.26g/t Au from 327m in TNDH040

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "For personal use only ASX: GBM GBM RESOURCES LIMITED 3 309 Deposit At 309, drilling continues to identify high-grade min"

#### Rejected tags

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The document explicitly states that intercepts are downhole lengths and true widths are not known.

Evidence · text

> Intercepts are downhole lengths and true widths are not known.

### TNDH040

[Link to this fact](https://atlas-staging.minestarters.com/news/gbm-high-grade-gold-extends-beyond-twin-hills-resources--e56ed22c-81cd-4dbd-873d-595e200beef1#fact-drill-facts-11)

Twin Hills · gold

#### Identity

- Hole ID: TNDH040
- Project: Twin Hills
- Commodity: gold
- Region: australia\_qld
- Reported Region: australia\_qld
- Ticker: GBM

#### Geometry

- Grade: 9.18
- Grade Unit: g/t
- Intercept: 1 m
- From: 327 m
- To: 328 m
- Intercept Depth: 327 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: drill
- Group ID: TNDH040:327-328
- Mining Method: underground

#### Location

- Location: 309 Deposit
- CRS: MGA Zone 55
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS and Intertek
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 2
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 2 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-04T00:00:00.000Z

Reasoning: Very high-grade sub-interval of 9.18 g/t Au over 1m within a broader mineralized zone, indicating significant mineralization.

- Positive factor: bonanza\_intercept

- Positive factor: high\_grade\_intercept

- Negative factor: apparent\_width\_only

Evidence · text

> 1m @ 9.18g/t Au

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "For personal use only ASX: GBM GBM RESOURCES LIMITED 3 309 Deposit At 309, drilling continues to identify high-grade min"

#### Rejected tags

**Bonanza Intercept** — Rejected; excluded from scoring

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Reason: 9.18 g/t Au is a strong grade for underground gold, exceeding the 7 g/t Au strong threshold.

Evidence · text

> 1m @ 9.18g/t Au

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The document explicitly states that intercepts are downhole lengths and true widths are not known.

Evidence · text

> Intercepts are downhole lengths and true widths are not known.

### TNDH063

[Link to this fact](https://atlas-staging.minestarters.com/news/gbm-high-grade-gold-extends-beyond-twin-hills-resources--e56ed22c-81cd-4dbd-873d-595e200beef1#fact-drill-facts-12)

Twin Hills · gold

#### Identity

- Hole ID: TNDH063
- Project: Twin Hills
- Commodity: gold
- Region: australia\_qld
- Reported Region: australia\_qld
- Ticker: GBM

#### Geometry

- Grade: 0.78
- Grade Unit: g/t
- Intercept: 22 m
- From: 277 m
- To: 299 m
- Intercept Depth: 277 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: drill
- Group ID: TNDH063:277-299
- Mining Method: underground

#### Location

- Location: 309 Deposit
- CRS: MGA Zone 55
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS and Intertek
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.4
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 4 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-04T00:00:00.000Z

Reasoning: Weak-grade intercept of 0.78 g/t Au over 22m, contributing to the extension of mineralization outside the current resource at 309, but at a lower grade.

- Positive factor: step\_out\_extension

- Negative factor: apparent\_width\_only

- Negative factor: weak\_grade\_intercept

Evidence · text

> 22m @ 0.78g/t Au from 277m in TNDH063

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "For personal use only ASX: GBM GBM RESOURCES LIMITED 3 309 Deposit At 309, drilling continues to identify high-grade min"

#### Rejected tags

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The document explicitly states that intercepts are downhole lengths and true widths are not known.

Evidence · text

> Intercepts are downhole lengths and true widths are not known.

### TNDH063

[Link to this fact](https://atlas-staging.minestarters.com/news/gbm-high-grade-gold-extends-beyond-twin-hills-resources--e56ed22c-81cd-4dbd-873d-595e200beef1#fact-drill-facts-13)

Twin Hills · gold

#### Identity

- Hole ID: TNDH063
- Project: Twin Hills
- Commodity: gold
- Region: australia\_qld
- Reported Region: australia\_qld
- Ticker: GBM

#### Geometry

- Grade: 8.68
- Grade Unit: g/t
- Intercept: 1 m
- From: 277 m
- To: 278 m
- Intercept Depth: 277 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: drill
- Group ID: TNDH063:277-278
- Mining Method: underground

#### Location

- Location: 309 Deposit
- CRS: MGA Zone 55
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS and Intertek
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 2
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 2 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-04T00:00:00.000Z

Reasoning: Very high-grade sub-interval of 8.68 g/t Au over 1m within a broader mineralized zone, indicating significant mineralization.

- Positive factor: bonanza\_intercept

- Positive factor: high\_grade\_intercept

- Negative factor: apparent\_width\_only

Evidence · text

> 1m @ 8.68g/t Au

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "For personal use only ASX: GBM GBM RESOURCES LIMITED 3 309 Deposit At 309, drilling continues to identify high-grade min"

#### Rejected tags

**Bonanza Intercept** — Rejected; excluded from scoring

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Reason: 8.68 g/t Au is a strong grade for underground gold, exceeding the 7 g/t Au strong threshold.

Evidence · text

> 1m @ 8.68g/t Au

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The document explicitly states that intercepts are downhole lengths and true widths are not known.

Evidence · text

> Intercepts are downhole lengths and true widths are not known.

### LSDH011

[Link to this fact](https://atlas-staging.minestarters.com/news/gbm-high-grade-gold-extends-beyond-twin-hills-resources--e56ed22c-81cd-4dbd-873d-595e200beef1#fact-drill-facts-14)

Twin Hills · gold

#### Identity

- Hole ID: LSDH011
- Project: Twin Hills
- Commodity: gold
- Region: australia\_qld
- Reported Region: australia\_qld
- Ticker: GBM

#### Geometry

- Grade: 2.4
- Grade Unit: g/t
- Intercept: 37 m
- From: 285 m
- To: 322 m
- Intercept Depth: 285 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: drill
- Group ID: LSDH011:285-322
- Mining Method: underground

#### Location

- Location: Lone Sister Deposit
- CRS: MGA Zone 55
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS and Intertek
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.4
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 4 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-04T00:00:00.000Z

Reasoning: Strong intercept of 2.40 g/t Au over 37m, extending mineralization outside the current resource at Lone Sister, indicating good continuity and potential for resource growth.

- Positive factor: strong\_continuity

- Positive factor: step\_out\_extension

- Negative factor: apparent\_width\_only

Evidence · text

> 37m @ 2.40g/t Au from 285m \(LSDH011\)

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "For personal use only ASX: GBM GBM RESOURCES LIMITED 3 309 Deposit At 309, drilling continues to identify high-grade min"

#### Rejected tags

**Step-Out Extension** — Rejected; excluded from scoring

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Reason: The 37m intersection lies outside the current Lone Sister MRE in the same area as a previously reported intercept, indicating an extension of mineralization.

Evidence · text

> The 37m intersection lies outside the current Lone Sister MRE in the same area as the previously reported 52m @ 2.77g/t Au from 299m in LSDH002.

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The document explicitly states that intercepts are downhole lengths and true widths are not known.

Evidence · text

> Intercepts are downhole lengths and true widths are not known.

### LSDH011

[Link to this fact](https://atlas-staging.minestarters.com/news/gbm-high-grade-gold-extends-beyond-twin-hills-resources--e56ed22c-81cd-4dbd-873d-595e200beef1#fact-drill-facts-15)

Twin Hills · gold

#### Identity

- Hole ID: LSDH011
- Project: Twin Hills
- Commodity: gold
- Region: australia\_qld
- Reported Region: australia\_qld
- Ticker: GBM

#### Geometry

- Grade: 6.75
- Grade Unit: g/t
- Intercept: 2 m
- From: 286 m
- To: 288 m
- Intercept Depth: 286 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: drill
- Group ID: LSDH011:286-288
- Mining Method: underground

#### Location

- Location: Lone Sister Deposit
- CRS: MGA Zone 55
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS and Intertek
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 2
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 2 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-04T00:00:00.000Z

Reasoning: High-grade sub-interval of 6.75 g/t Au over 2m within a broader mineralized zone, indicating significant mineralization.

- Positive factor: high\_grade\_intercept

- Negative factor: apparent\_width\_only

Evidence · text

> 2m @ 6.75g/t Au from 286m

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "For personal use only ASX: GBM GBM RESOURCES LIMITED 3 309 Deposit At 309, drilling continues to identify high-grade min"

#### Rejected tags

**Bonanza Intercept** — Rejected; excluded from scoring

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Reason: 6.75 g/t Au is a strong grade for underground gold, exceeding the 4 g/t Au moderate threshold.

Evidence · text

> 2m @ 6.75g/t Au from 286m

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The document explicitly states that intercepts are downhole lengths and true widths are not known.

Evidence · text

> Intercepts are downhole lengths and true widths are not known.

### LSDH011

[Link to this fact](https://atlas-staging.minestarters.com/news/gbm-high-grade-gold-extends-beyond-twin-hills-resources--e56ed22c-81cd-4dbd-873d-595e200beef1#fact-drill-facts-16)

Twin Hills · gold

#### Identity

- Hole ID: LSDH011
- Project: Twin Hills
- Commodity: gold
- Region: australia\_qld
- Reported Region: australia\_qld
- Ticker: GBM

#### Geometry

- Grade: 16.65
- Grade Unit: g/t
- Intercept: 1 m
- From: 302 m
- To: 303 m
- Intercept Depth: 302 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: drill
- Group ID: LSDH011:302-303
- Mining Method: underground

#### Location

- Location: Lone Sister Deposit
- CRS: MGA Zone 55
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS and Intertek
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 2
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 2 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-04T00:00:00.000Z

Reasoning: Very high-grade sub-interval of 16.65 g/t Au over 1m within a broader mineralized zone, indicating significant mineralization.

- Positive factor: bonanza\_intercept

- Positive factor: high\_grade\_intercept

- Negative factor: apparent\_width\_only

Evidence · text

> 1m @ 16.65g/t Au from 302m

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "For personal use only ASX: GBM GBM RESOURCES LIMITED 3 309 Deposit At 309, drilling continues to identify high-grade min"

#### Rejected tags

**Bonanza Intercept** — Rejected; excluded from scoring

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Reason: 16.65 g/t Au is an exceptionally high grade for underground gold, exceeding the 15 g/t Au exceptional threshold.

Evidence · text

> 1m @ 16.65g/t Au from 302m

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The document explicitly states that intercepts are downhole lengths and true widths are not known.

Evidence · text

> Intercepts are downhole lengths and true widths are not known.

### LSDH011

[Link to this fact](https://atlas-staging.minestarters.com/news/gbm-high-grade-gold-extends-beyond-twin-hills-resources--e56ed22c-81cd-4dbd-873d-595e200beef1#fact-drill-facts-17)

Twin Hills · gold

#### Identity

- Hole ID: LSDH011
- Project: Twin Hills
- Commodity: gold
- Region: australia\_qld
- Reported Region: australia\_qld
- Ticker: GBM

#### Geometry

- Grade: 9.53
- Grade Unit: g/t
- Intercept: 1 m
- From: 308 m
- To: 309 m
- Intercept Depth: 308 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: drill
- Group ID: LSDH011:308-309
- Mining Method: underground

#### Location

- Location: Lone Sister Deposit
- CRS: MGA Zone 55
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS and Intertek
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 2
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 2 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-04T00:00:00.000Z

Reasoning: Very high-grade sub-interval of 9.53 g/t Au over 1m within a broader mineralized zone, indicating significant mineralization.

- Positive factor: bonanza\_intercept

- Positive factor: high\_grade\_intercept

- Negative factor: apparent\_width\_only

Evidence · text

> 1m @ 9.53g/t Au from 308m

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "For personal use only ASX: GBM GBM RESOURCES LIMITED 3 309 Deposit At 309, drilling continues to identify high-grade min"

#### Rejected tags

**Bonanza Intercept** — Rejected; excluded from scoring

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Reason: 9.53 g/t Au is a strong grade for underground gold, exceeding the 7 g/t Au strong threshold.

Evidence · text

> 1m @ 9.53g/t Au from 308m

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The document explicitly states that intercepts are downhole lengths and true widths are not known.

Evidence · text

> Intercepts are downhole lengths and true widths are not known.

### LSDH011

[Link to this fact](https://atlas-staging.minestarters.com/news/gbm-high-grade-gold-extends-beyond-twin-hills-resources--e56ed22c-81cd-4dbd-873d-595e200beef1#fact-drill-facts-18)

Twin Hills · gold

#### Identity

- Hole ID: LSDH011
- Project: Twin Hills
- Commodity: gold
- Region: australia\_qld
- Reported Region: australia\_qld
- Ticker: GBM

#### Geometry

- Grade: 7.77
- Grade Unit: g/t
- Intercept: 4 m
- From: 314 m
- To: 318 m
- Intercept Depth: 314 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: drill
- Group ID: LSDH011:314-318
- Mining Method: underground

#### Location

- Location: Lone Sister Deposit
- CRS: MGA Zone 55
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS and Intertek
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 2
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 2 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-04T00:00:00.000Z

Reasoning: Very high-grade sub-interval of 7.77 g/t Au over 4m within a broader mineralized zone, indicating significant mineralization.

- Positive factor: bonanza\_intercept

- Positive factor: high\_grade\_intercept

- Negative factor: apparent\_width\_only

Evidence · text

> 4m @ 7.77g/t Au from 314m

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "For personal use only ASX: GBM GBM RESOURCES LIMITED 3 309 Deposit At 309, drilling continues to identify high-grade min"

#### Rejected tags

**Bonanza Intercept** — Rejected; excluded from scoring

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Reason: 7.77 g/t Au is a strong grade for underground gold, exceeding the 7 g/t Au strong threshold.

Evidence · text

> 4m @ 7.77g/t Au from 314m

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The document explicitly states that intercepts are downhole lengths and true widths are not known.

Evidence · text

> Intercepts are downhole lengths and true widths are not known.

### LSDH011

[Link to this fact](https://atlas-staging.minestarters.com/news/gbm-high-grade-gold-extends-beyond-twin-hills-resources--e56ed22c-81cd-4dbd-873d-595e200beef1#fact-drill-facts-19)

Twin Hills · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: LSDH011
- Project: Twin Hills
- Commodity: gold
- Region: australia\_qld
- Reported Region: australia\_qld
- Ticker: GBM

#### Geometry

- Grade: 1.4
- Grade Unit: g/t
- Intercept: 18 m
- From: 328 m
- To: 346 m
- Intercept Depth: 328 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: drill
- Group ID: LSDH011:328-346
- Mining Method: underground

#### Location

- Location: Lone Sister Deposit
- CRS: MGA Zone 55
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS and Intertek
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.4
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 4 m

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-10-04T00:00:00.000Z

Reasoning: Moderate-grade intercept of 1.40 g/t Au over 18m, further extending mineralization outside the current resource at Lone Sister.

- Positive factor: moderate\_grade\_intercept

- Positive factor: step\_out\_extension

- Negative factor: apparent\_width\_only

Evidence · text

> 18m @ 1.40g/t Au from 328m

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "For personal use only ASX: GBM GBM RESOURCES LIMITED 3 309 Deposit At 309, drilling continues to identify high-grade min"

#### Rejected tags

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The document explicitly states that intercepts are downhole lengths and true widths are not known.

Evidence · text

> Intercepts are downhole lengths and true widths are not known.

### LSDH011

[Link to this fact](https://atlas-staging.minestarters.com/news/gbm-high-grade-gold-extends-beyond-twin-hills-resources--e56ed22c-81cd-4dbd-873d-595e200beef1#fact-drill-facts-20)

Twin Hills · gold

#### Identity

- Hole ID: LSDH011
- Project: Twin Hills
- Commodity: gold
- Region: australia\_qld
- Reported Region: australia\_qld
- Ticker: GBM

#### Geometry

- Grade: 2.43
- Grade Unit: g/t
- Intercept: 8 m
- From: 338 m
- To: 346 m
- Intercept Depth: 338 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: drill
- Group ID: LSDH011:338-346
- Mining Method: underground

#### Location

- Location: Lone Sister Deposit
- CRS: MGA Zone 55
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS and Intertek
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 2
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 2 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-04T00:00:00.000Z

Reasoning: Moderate-grade sub-interval of 2.43 g/t Au over 8m within a broader mineralized zone.

- Positive factor: moderate\_grade\_intercept

- Negative factor: apparent\_width\_only

Evidence · text

> 8m @ 2.43g/t Au from 338m

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "For personal use only ASX: GBM GBM RESOURCES LIMITED 3 309 Deposit At 309, drilling continues to identify high-grade min"

#### Rejected tags

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The document explicitly states that intercepts are downhole lengths and true widths are not known.

Evidence · text

> Intercepts are downhole lengths and true widths are not known.

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
