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Targeting world class Gold and Copper-gold systems

Targeting world class Gold and Copper-gold systems. Resources Victoria Conference- Presentation 25 August 2008. gb m. RESOURCES LTD. Disclaimer. This Document is Confidential and may not be reproduced, redistributed or passed on, directly or indirectly.

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Targeting world class Gold and Copper-gold systems

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  1. Targeting world classGold and Copper-gold systems Resources Victoria Conference- Presentation 25 August 2008 gbm RESOURCES LTD

  2. Disclaimer This Document is Confidential and may not be reproduced, redistributed or passed on, directly or indirectly. This Document is not a Prospectus nor an Offer to Subscribe for Shares. GBM and its Directors, employees and consultants make no representations or warranty as to the accuracy, reliability or completeness of this document, and have no liability, including liability to any person by reason of negligence of, or contained in or derived from, or for any omissions from this document, except liability under statue that cannot be excluded. This document contains reference to certain targets and plans of GBM which may or may not be achieved. The performance of GBM may be influenced by a number of factors, uncertainties and contingencies many of which are outside the control of GBM and its directors , staff and consultants. gbm RESOURCES LTD

  3. About GBM ASX code: GBZ Listed : Oct 07 Activities :Gold and Copper exploration Issued capital: quoted 34.2 million shares ( unquoted 31.6 million) quoted 40.4 million options ( unquoted 23.0 million) Cash : $2.7million Board : Peter May - Chairman – banking, corporate finance and advisory services. Peter Thompson – Managing Director- over 30 years in the resource sector. Cameron Switzer – non Executive Director- over 20 years as a geologist. Management : Neil Norris – Exploration Manager with over 30 years experience. Web page: www.gbmr.com.au gbm RESOURCES LTD

  4. Discover a new deposit in our portfolio of assets which has the potential to be commercially developed- adding significant value to the company and shareholders. Our current exploration assets are on the way to achieving this outcome. Strategy gbm RESOURCES LTD

  5. Projects Snap Shot • 10 titles in the Mount Isa/ Cloncurry region . World’s most prolific producer of base metals. Key gold copper/gold targets plus potential for uranium and phosphate. • Malmsbury gold project has a resource of 59,000 ounces and drilling to date confirms the potential to extend the resource and gold mineralisation over 2.5km strike. Interpreted as IRGD. • Consolidation of the Dee Range copper gold project which lies near the Mt Morgan mine ( produced 8M ounces Au and 400K Cu). Gold and copper mineralistion is widespread. • Willaura project is targeting the potential for a significant copper –gold system. Results from the adjacent tenement demonstrates the prospectivity of the Mt Stavely volcanic area. gbm RESOURCES LTD

  6. Grassy Bore Talawanta Project Locations Mt Margaret Brightlands Bungalien Horsecreek Dee Range Malmsbury Gold Willaura gbm Gold / Copper RESOURCES LTD

  7. Mt Isa Copper Gold Projects ‘nowhere else on earth measures up’ gbm RESOURCES LTD

  8. Mt Isa Copper Gold Projects • Ten Titles, • Four Major Projects; • Talawanta & Grassy Bore: IOCG • Mt Margaret Group: IOCG • Brightlands: Au, Cu-Au-U • Bungalien, Malbon2 • & Horse Creek: IOCG, P gbm RESOURCES LTD

  9. Brightlands Rocklands Project Cu • Mary Kathleen • 8,882t U3O8 • Tiger • Rock chip samples to 1.97ppm Au and 17.5% Cu EPM 14416 • Southern Gold • Extensive breccia hosting widespread anomalous base metal and gold values at surface • Milo & Milo West • Historical rock chip samples to 4.4g/t Au, 6.1% Cu, 2,700g/t Ag, 0.39% U • Historical drilling includes 7.6m @ 2.2% Cu, 25.9m @0.5% Cu and 39.6m @ 0.3% Cu , no Au assays • Fine Gold Gully • Coherent soil anomaly >100ppb, peak 720ppb • Major regional structure • The Range • 43 anomalous rock chips over 1.3km2 • Samples between 0.5 and 21.1 g/tAu, 25% contain >1% Cu gbm RESOURCES LTD

  10. Talawanta -Grassy Bore • Talawanta • Extensive, intense magnetic high, IOCG targets • Younger Carpentaria Basin cover >300m • Previous drilling only three holes to bedrock • peak values 0.5m @ 5.1 g/t Au, • 1.83% Cu • Extensive hydrothermal alteration in core • Grassy Bore • Multiple intense magnetic highs, IOCG targets • Younger Carpentaria Basin cover >200m • Limited previous drilling • Drilling confirms hydrothermal alteration gbm RESOURCES LTD

  11. Mount Margaret • Mount Margaret Project • Extensive surficial cover • Complex magnetic response with variable IOCG targets • Located on extensive metasomatised roof zone of prospective granitic intrusives • Previous exploration appears to have ignored hematite and sulphide IOCG target styles EPM 16227 EPM 14614 EPM 16398 EPM 16622 Ernest Henry 127Mt @ 1.1% Cu, 0.6g/t Au EPM 16398 gbm RESOURCES LTD

  12. Bungalien – Horse Creek EPM 14120 • IOCG target • Several discrete magnetic highs • Associated soil geochemical anomaly EPM 14355 EPM 15150 • IOCG target • Discrete, intense magnetic high • Proximal to Wimberu Granite 1550ma gbm RESOURCES LTD

  13. Bungalien – Horse Creek EPM 14120 • Radiometric anomaly • corresponding to outcrop of Beetle Creek Formation. EPM 15150 EPM 14355 • Previous Drilling • Confirm presence of Beetle Creek Formation • Phosphatic sediments logged, no analyses • Georgina Basin Margin • Largely obscured by recent cover in EPM 15150 gbm RESOURCES LTD

  14. Georgina Basin LADY ANNIE PHOSPHATE 293 MT @ 16.6%P205 • An Emerging Phosphate Province • 3.3Bt identified resources • Grade ranges from 7.5 to 18% P2O5 • Price increased from US$50 to US$350 per tonne in year to March 2008 • Bungalien tenement immediately along strike from Phosphate Hill Mine (1.1Bt P2O5) HIGHLAND PLAINS 84 MT @13.4%P205 D-TREE 450 MT @15.9%P205 WONARAH 72 MT @23%P205 MT Isa Inlier LILY CREEK 191 MT @14.9%P205 Georgina Basin PHOSPHATE HILL 1115 17.2%P205 GBM Tenements gbm RESOURCES LTD

  15. Mt. Isa Summary Short term targets Define P potential on Bungalien – Horse Creek Upgrade Cu-Au-U targets on Brightlands Review targets on Mt Margaret and Talawanta-Grassy Bore Long term targets Discover bulk mineable high value Cu-Au IOCG Evaluate alternative deposit styles (ie. Tick Hill) gbm RESOURCES LTD

  16. Malmsbury Gold Project Intrusive Related Gold In Central Victoria gbm RESOURCES LTD

  17. Malmsbury Gold Project • Adjacent to major regional structure • Granite related mineral assemblage • Disseminated Au distribution • Au located in shears, fractures and stockworks • Multiple gold bearing structures • Shears provide good short term exploration targets • Geology indicating large scale IRGD at depth ? • Extensive tenement coverage Drummond North Goldfield Taradale Fault Malmsbury Drummond North Goldfield 91K ozs EL 4515 Lauriston Goldfield 83k ozs ELA5120 gbm RESOURCES LTD

  18. Malmsbury Gold Project Panama Missing Link Leven Star Intrusive Target 4.0m @ 9.5 g/t Au - Deepest hole Queen’s Birthday 4.1m @ 13.1 g/t Au - Most southern hole Drummond North 91,000 oz’s historic hardrock production

  19. Gold Endowment recognised to date 0.15M ozs. gbm Malmsbury Gold Project RESOURCES LTD

  20. Leven Star Deposit DDH9 7m @ 6.4 g/t Au DDH8 4.1m @ 13.1 g/t Au MD 01 4.0m @ 9.5 g/t Au • Inferred Resource • 305,000T @ 6.0g/t Au, 59,000ozs Au • Evidence of depth continuation

  21. Short term targets • Define the geological potential of major structural zones (Drummond north - NNW trending reef systems extending 2.5kms. Historical workings extracted 91,000 ounces). • Map and sample extensive additional structures/shears identified but not explored to date • System has never been adequately drilled • Long term targets • Bulk mineable high value IRGD • potentially located at depth Malmsbury Gold Project Summary gbm RESOURCES LTD

  22. Dee Range copper goldProject Growing Presence in major Cu-Au Province gbm RESOURCES LTD

  23. Dee Range Project gbm RESOURCES LTD

  24. Mt Gordon • porphyry Cu-Au-Mo • 23.0m @ 0.3% Cu, 0.2 g/t Au • 4km magnetic low Mt Morgan Mine 8.0M ozs Au 400KT Cu • Westwood Gold Mine • High grade quartz veins • Intrusive host? • ULAM • Extensive workings on shears and veins • Zonation toward magnetic low • Restricted exploration • Smelter Return • 300 x 400m skarn identified • Shallow drilling only • 8m @ 0.3% Cu, 0.8g/t Au • Kyle Mohr • Intrusive hosted • Au in stockwork • Dee Copper Mine • High grade Cu-Au veins system • Not tested to depth • Black Range • 4.5km stream sediment anomaly • Au values 50 to 171ppb Dee Range Project gbm 50 km RESOURCES LTD

  25. Copper mineralisation is widespread throughout the area. • The Dee Range and Smelter Returns Prospects cover an aeromagnetic anomaly suggesting an intrusive complex with features similar to Mt Morgan. • Mt Morgan lies 20km north-east and produced 8 million ounces of gold and 420,000 tonnes of copper. • Black range has a 4.5km anomalous zone with stream samples up to 171 ppb of gold. • There has been no drill activity since 1966 on the old Dee Copper mine. • Major structures transect the project. • The Smelter Return Prospect is associated with a significant skarn development hosting shallow intersections of 8m @ 0.8 g/t Au and 0.3% Cu in last drilling completed over 25 years ago. Dee Range Project gbm RESOURCES LTD

  26. Willaura Project Cu-Au Intrusive Related Deposits gbm RESOURCES LTD

  27. Target - Porphyry Cu Au deposit (Geologically similar to Cadia, Mt Lyell and North Parkes) • Targets defined by geochemical, geological, structural and geophysical data • This area is one of the most under explored volcanic area in Australia • Adjacent tenement results include 6m@3%Cu and 1.1g/t Au and 7.7m @ 4.2%Cu and 1.1g/t Au associated with the serpentinite which trends through EL4631 Willaura – Project Summary gbm RESOURCES LTD

  28. Exploration Activity Isa Projects • Bungalien & Horse Creek -Establish phosphate potential • Brightlands – upgrade Cu-Au-U targets • Mount Margaret – upgrade and rank IOCG targets • Talawanta & Grassy Bore – significant magnetic anomalies, IOCG targets Malmsbury Gold Project • Complete data base interpretation to further define the IRGD potential • Design and execute drilling, extend and upgrade resource base Dee Range copper gold Project • Upgrade and rank Cu-Au targets, soils and IP follow-up Willaura copper gold Project • Soil, ground magnetic and IP definition +/or drilling of targets. Key Targets to achieve Strategy gbm RESOURCES LTD

  29. GBM Resources Targeting world classGold and Copper-gold systems Thankyou gbm RESOURCES LTD

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