GBM Resources Enters Joint Venture With Novo Resources For Malmsbury Gold Project

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.

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