GPM Metals starts drilling at Walker Gossan

Executive Summary

• GPM Metals has begun a 3,000‑metre diamond drill program at the Walker Gossan project in the Northern Territory, Australia.
• The drill campaign targets multiple large gravity, radiometric and geochemical anomalies that are analogous to known mineralization at MacArthur River.
• The company received a A$150,000 grant from the Northern Territory government under the “Resourcing the Territory” initiative to support the project.

Key Details

• Program Scope: 3,000 m of diamond drilling designed to test several coincident gravity, radiometric and geochemical anomalies across the Walker Gossan district‑scale zinc‑silver‑lead target.
• Exploration Manager Comment: Kent Balas noted striking geological similarities to MacArthur River and highlighted the presence of gossanous rocks proximal to drill targets, increasing confidence in the campaign.
• CEO Comment: John Timmons emphasized progress after a delayed rainy season, confirming that access roads are in excellent condition and drilling is underway.
• Cultural & Environmental Compliance: The program has received cultural clearances from traditional owners and ongoing monitoring arrangements with cultural monitors; support also acknowledged from the Northern Land Council.
• Government Support: A grant of A$150,000 was provided by the Northern Territory government through its “Resourcing the Territory” initiative to assist exploration activities.
• Qualified Person: Kent Balas (BSc, MAIG), Exploration Manager, reviewed and approved the release in accordance with NI 43‑101.

Notable Quotes

“We are very encouraged by what we are seeing on the ground… Gossanous rocks have been located proximal to the drill targets which has given the company increased confidence in the current drill campaign.” – Kent Balas, Exploration Manager

“After over a decade of challenges, we are excited to be drilling these large untested gravity anomalies and move the Walker Gossan project forward.” – John Timmons, CEO