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GPM Metals Selects Drill Contractor for Walker Gossan Project Exploration Program and Appoints Benn Whistler as Exploration Manager

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GPM Metals (TSXV: GPM) has selected DDH1 Drilling Pty as the drilling contractor for its Walker Gossan Project, aiming to complete a 3,000 m drill program. The drilling will target anomalies indicative of large polymetallic gossan systems like those at MacArthur River and Mount Isa. DDH1 operates over 70 multipurpose rigs across Australia.

Additionally, GPM has appointed Benn Whistler as Exploration Manager to oversee the project. Whistler brings 30 years of experience in geology and exploration, including significant discoveries like SolGold's Cascabel and Porvenir deposits.

GPM has also engaged Haywood Securities as a financial advisor to support its financing and corporate objectives.

GPM Metals (TSXV: GPM) ha selezionato DDH1 Drilling Pty come appaltatore per la perforazione del suo Walker Gossan Project, con l'obiettivo di completare un programma di perforazione di 3.000 m. La perforazione mirerà a anomalie indicative di grandi sistemi gossan polimetallici simili a quelli di MacArthur River e Mount Isa. DDH1 gestisce oltre 70 impianti multipurpose in tutta l'Australia.

Inoltre, GPM ha nominato Benn Whistler come Responsabile Esplorazione per supervisionare il progetto. Whistler porta con sé 30 anni di esperienza in geologia ed esplorazione, con scoperte significative come i depositi Cascabel e Porvenir di SolGold.

GPM ha inoltre coinvolto Haywood Securities come consulente finanziario per supportare i suoi obiettivi di finanziamento e aziendali.

GPM Metals (TSXV: GPM) ha seleccionado a DDH1 Drilling Pty como el contratista de perforación para su Walker Gossan Project, con el objetivo de completar un programa de perforación de 3,000 m. La perforación se dirigirá a anomalías indicativas de grandes sistemas de gossan polimetálico similares a los de MacArthur River y Mount Isa. DDH1 opera más de 70 plataformas multipropósito en toda Australia.

Además, GPM ha nombrado a Benn Whistler como Gerente de Exploración para supervisar el proyecto. Whistler aporta 30 años de experiencia en geología y exploración, incluyendo descubrimientos significativos como los depósitos Cascabel y Porvenir de SolGold.

GPM también ha contratado a Haywood Securities como asesor financiero para apoyar sus objetivos de financiamiento y corporativos.

GPM Metals (TSXV: GPM)은 Walker Gossan Project를 위해 DDH1 Drilling Pty를 시추 계약업체로 선정하였으며, 3,000m 시추 프로그램을 완료하는 것을 목표로 하고 있습니다. 시추 작업은 MacArthur River 및 Mount Isa와 같은 큰 다금속 고샨 시스템을 나타내는 이상 징후를 목표로 합니다. DDH1은 호주 전역에서 70개 이상의 다목적 기계를 운영하고 있습니다.

또한 GPM은 프로젝트를 감독할 탐사 관리자로 Benn Whistler를 임명했습니다. Whistler는 SolGold의 Cascabel과 Porvenir 광상과 같은 중요한 발견을 포함하여 30년의 지질학 및 탐사 경험을 가지고 있습니다.

GPM은 또한 재무 및 기업 목표를 지원하기 위해 Haywood Securities를 재무 고문으로 고용했습니다.

GPM Metals (TSXV: GPM) a sélectionné DDH1 Drilling Pty comme entrepreneur de forage pour son Walker Gossan Project, visant à compléter un programme de forage de 3 000 m. Le forage ciblera des anomalies indiquant de grands systèmes de gossan polymétalliques comme ceux de MacArthur River et Mount Isa. DDH1 exploite plus de 70 foreuses polyvalentes à travers l'Australie.

De plus, GPM a nommé Benn Whistler comme responsable de l'exploration pour superviser le projet. Whistler apporte 30 ans d'expérience en géologie et exploration, y compris des découvertes significatives telles que les gisements Cascabel et Porvenir de SolGold.

GPM a également engagé Haywood Securities en tant que conseiller financier pour soutenir ses objectifs de financement et d'entreprise.

GPM Metals (TSXV: GPM) hat DDH1 Drilling Pty als Bohrunternehmen für sein Walker Gossan Project ausgewählt, mit dem Ziel, ein 3.000 m Bohrprogramm abzuschließen. Die Bohrungen sollen Anomalien anvisieren, die auf große polymetallische Gossansysteme hinweisen, ähnlich denen von MacArthur River und Mount Isa. DDH1 betreibt über 70 Multiservice-Bohranlagen in ganz Australien.

Zusätzlich hat GPM Benn Whistler zum Explorationsleiter ernannt, um das Projekt zu überwachen. Whistler bringt 30 Jahre Erfahrung in Geologie und Exploration mit, einschließlich bedeutender Entdeckungen wie die Lagerstätten Cascabel und Porvenir von SolGold.

GPM hat auch Haywood Securities als Finanzberater engagiert, um seine Finanzierungs- und Unternehmensziele zu unterstützen.

Positive
  • Appointment of DDH1 Drilling Pty for a 3,000 m drill program at the Walker Gossan Project.
  • Selection of Benn Whistler, an experienced geologist with a track record of significant discoveries, as Exploration Manager.
  • Engagement of Haywood Securities to support financing and corporate objectives.
Negative
  • None.

Toronto, Ontario--(Newsfile Corp. - August 23, 2024) - GPM Metals Inc. (TSXV: GPM) ("GPM" or the "Company") is pleased to announce that it has selected DDH1 Drilling Pty Ltd as the drilling contractor for its Walker Gossan Project. GPM plans to complete a 3,000 m drill program to test several large, coincident, gravity, radiometric and geochemical anomalies, which are indicative of the giant polymetallic gossan systems located on the Eastern Australian Cratonic Edge such as MacArthur River, Century and Mount Isa.

DDH1 Drilling currently operates a fleet of over 70 multi-purpose surface and underground Diamond Core drilling rigs on mine sites and remote locations across Australia including Western Australia, Northern Territory, Queensland, New South Wales, South Australia and Victoria.

Additionally, GPM is pleased to appoint Benn Whistler as Exploration Manager with the responsibility of overseeing the exploration program at the Walker Gossan Project.

Benn is a geologist with 30 years' experience across multiple commodities in Australia, PNG, New Caledonia, Fiji, Solomon Islands and Ecuador. Benn is an experienced geologist and explorationist, bringing expertise in remote operations, geology, management of drilling programs and the design and management of complex geological models. Benn led teams responsible for significant discoveries at SolGold's world class Cascabel and Porvenir porphyry deposits which together comprise over 15 Mt Cu, 25 Moz Au, and 100 Moz Ag. Previous to this, Benn was integral in resource additions at the Emperor Gold Mine in Vatukoula, Fiji, and was a part of the discovery team at the George Fisher Lead-Zinc Deposit, near Mount Isa, Australia.

Daniel Noone, Chairman, commented, "We are excited to be kicking off our drill program, and appointing Benn Whistler as Exploration Manager to oversee the program. DDH1 Drilling has a strong track record of achieving drill targets while Benn has a strong track record for world class discoveries, being credited with SolGold's Cascabel discovery in Ecuador."

Furthermore, GPM is pleased to announce that it has engaged Haywood Securities Inc. ("Haywood") to act as financial advisor to the Company to support its financing, marketing, and corporate objectives.

For further information please contact:

Daniel Noone
Executive Chairman
Telephone: 416 997 7507
Email: info@gpmmetals.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

Information set forth in this news release involves forward-looking statements under applicable securities laws. The forward-looking statements contained herein include, but are not limited to, the anticipated size and completion the Offering and the receipt of applicable regulatory approvals, and all such forward-looking statements are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this news release are made as of the date hereof and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although the Company believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct and, accordingly, undue reliance should not be put on such forward-looking statements. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/220894

FAQ

Who has GPM Metals appointed as the drilling contractor for the Walker Gossan Project?

GPM Metals has appointed DDH1 Drilling Pty as the drilling contractor for the Walker Gossan Project.

What is the planned drill program for GPM Metals' Walker Gossan Project?

GPM Metals plans to complete a 3,000 m drill program at the Walker Gossan Project.

Who is overseeing the exploration program at GPM Metals' Walker Gossan Project?

Benn Whistler has been appointed as the Exploration Manager to oversee the program.

What experience does Benn Whistler bring to GPM Metals as the new Exploration Manager?

Benn Whistler has 30 years of experience in geology and exploration, including significant discoveries like SolGold's Cascabel and Porvenir deposits.

What additional support has GPM Metals secured for its corporate objectives?

GPM Metals has engaged Haywood Securities as a financial advisor to support its financing and corporate objectives.

GPM METALS INC

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