Mr. John Timmons reports
GPM METALS ANNOUNCES THE COMMENCEMENT OF A 3,000-METRE DIAMOND DRILL CAMPAIGN AT THE WALKER GOSSAN PROJECT, NORTHERN TERRITORY, AUSTRALIA
GPM Metals Inc. has commenced drilling at the Walker Gossan project, Northern Territory, Australia. The 3,000-metre drill program is designed to test several large, coincident, gravity, radiometric and geochemical anomalies.
Kent Balas, GPM exploration manager, commented: "We are very encouraged by what we are seeing on the ground, we see striking similarities to the published geology at MacArthur River. The GPM exploration team has analyzed and sampled current and future target areas. Gossanous rocks have been located proximal to the drill targets which has given the company increased confidence in the current drill campaign."
The company wishes to thank the traditional owners who have approved this program and provided extensive cultural clearances across the current exploration targets. The company looks forward to working with cultural monitors throughout the drill campaign to address any cultural and environmental concerns. The company also wishes to thank the Northern Land Council for their continuing guidance and assistance. The Walker Gossan project has received additional support from the Northern Territory government by way of a $150,000 (Australian) grant via their "resourcing the territory" initiative.
John Timmons, chief executive officer, commented: "I want to thank our entire team and all stakeholders for the progress we have made over the past months after a late rainy season in East Arnhem Land, Northern Territory. The access road to site is in excellent condition and the drill is turning. After over a decade of challenges, we are excited to be drilling these large untested gravity anomalies and move the Walker Gossan project forward."
Qualified person
This press release has been reviewed and approved by Kent Balas (BSc, MAIG), a qualified person under National Instrument 43-101. Mr. Balas is the exploration manager for GPM Metals.
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About GPM Metals Inc.
GPM Metals is a mineral exploration company exploring for large base metals deposits in Australia. The company's wholly owned Walker Gossan project is a district-scale zinc-silver-lead project in East Arnhem Land, NT, Australia.
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