GPM METALS INC. Announces Filing of Initial Technical Report for the Walker Gossan Lead-Zinc-Silver Project, Northern Territory, Australia
Published : October 01, 2014
( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  

GPM METALS INC. Announces Filing of Initial Technical Report for the Walker Gossan Lead-Zinc-Silver Project, Northern Territory, Australia

TORONTO, Oct. 1, 2014 /CNW/ - GPM METALS INC. (TSXV:GPM) (the "Company") announces the filing of the initial technical report for the Company's Walker Gossan Project in Northern Territory, Australia entitled "Technical Report on the Walker Gossan Project in Arnhem Land, Northern Territory, Australia" dated effective September 16, 2014 (the "Technical Report").

The Technical Report was prepared by Mr. David G. Jones (BSc., MSc., FAusIMM, FAIG); a "Qualified Person" as defined in National Instrument 43-101.

A copy of the Technical Report is available under the Company's profile on and on the Company's web site at

The Company has the right to acquire up to a 75% interest in the Walker Gossan Project pursuant to an Earn-in / Joint Venture Agreement with Rio Tinto Exploration Pty Limited.  The Company's wholly owned Australian subsidiary (DPG Resources Australia Pty Limited) is the project operator.


The 166,000 hectare Walker Gossan project is located within the Walker Trough, a package of Middle Proterozoic carbonate sediments, situated in Arnhem Land in the Northern Territory of Australia.

Geographical maps and geological setting illustrations are available on the Company's web site.

The primary area of interest is the Walker Gossan. Gossanous outcrops with highly anomalous lead values were discovered by CRA – Conzinc RioTinto of Australia (predecessor to Rio Tinto Limited) in 1970 and a tenement application was made to the Government of the Northern Territory in 1972. An agreement under the Aboriginal Land Rights Act is required prior to grant of the tenement. To date the area has been held under tenement application and no exploration has been undertaken within the 40 years which have followed the discovery of the gossan.

The Walker Trough is part of an extensive Middle Proterozoic carbonate sequence which occurs from South of Mount Isa through to Darwin over an area of approximately 600,000 square kilometres which hosts one of the great metallogenic belts of the world.

The region includes a number of major silver, lead, zinc and copper deposits. These include the Mount Isa, George Fisher and MacArthur River mines owned by Xstrata; the Cannington Silver Mine,  regarded as the largest silver mine in the world, owned by BHP; the Century zinc deposit, one of the largest zinc mines in the world and owned by MMG Mining of China; and several other deposits.

The Walker Trough region was identified by the Northern Territory Geological Survey team as being a direct analogy of the Pb-Zn endowed Batten Fault trough which contains the MacArthur River Zinc mine. Further, it was considered the "hottest untested exploration play in The Northern Territory" in a 2004 publication of the Northern Territory Geological Survey.

All scientific and technical information in this press release has been prepared under the supervision of Peter Mullens, President, DPG Resources (Australian subsidiary of GPM Metals Inc.), a "qualified person" within the meaning of National Instrument 43-101. Mr. Mullens (B.Sc Geology) is a member of the Australian Institute of Mines and Metallurgy.

GPM Metals Inc. is led by an experienced management and technical team with demonstrable skills and experience in all facets of mineral development, from grass roots exploration to capital markets and mine builds globally. The Company maintains offices in Brisbane and Toronto.

Forward Looking Statements

Completion of an interest in the Walker Gossan Project by the Company remains subject to a number of conditions. There can be no assurance that an interest in such property will be acquired by the Company, as proposed or at all.  All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding the potential acquisition by the Company of an interest in the Walker Gossan Project are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are exploration risks detailed herein and from time to time in the filings made by the Company with securities regulators.

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

SOURCE GPM Metals Inc.

For further information: GPM Metals Inc., Att: John Patrick Sheridan, CEO, Suite 301 - 141 Adelaide Street West, Toronto, Ontario M5H 3L5, Telephone : (416) 628-5904, Telefax : (416) 628-6835, Email:
Data and Statistics for these countries : Australia | China | All
Gold and Silver Prices for these countries : Australia | China | All

GPM Metals Inc.

ISIN : CA36198C2085
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
Projects & res.
Asset profile
Contact Cpy

GPM Metals is a silver and copper development stage company based in Canada.

GPM Metals holds various exploration projects in Canada.

Its main exploration properties are KUGLUKTUK (FORMERLY COPPERMINE) and COPPERMINE RIVER (CORONATION GULF) in Canada.

GPM Metals is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 8.1 millions as of today (US$ 6.4 millions, € 5.4 millions).

Its stock quote reached its highest recent level on November 14, 2003 at CA$ 3.72, and its lowest recent point on March 27, 2020 at CA$ 0.03.

GPM Metals has 90 230 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
Financings of GPM Metals Inc.
7/29/2011Frontier Announces Private Placement
Nominations of GPM Metals Inc.
1/8/2013Frontier Reports Appointment of New President & CEO
10/17/2011Frontier Reports Resignation of Director
7/26/2011Frontier Reports Appointment of New Chief Financial Officer
4/11/2011Announces the Appointment of the Hon. Doug Lewis to the ...
Project news of GPM Metals Inc.
9/1/2015GPM METALS INC. provides an exploration update of The Weebig...
7/11/2012Frontier Receives Exploration Program and Budget for Five St...
6/6/2012Frontier Provides Review of Marudi Mountain Historical Resou...
5/2/2012Frontier Provides Initial Results from Marudi Mountain Proje...
4/17/2012Frontier Receives Notice of Option Exercise for Five Star Pr...
3/21/2012Frontier Receives Notice of Option Exercise for Sardine Hill...
3/16/2012Frontier Provides Update on Marudi Mountain Drilling
2/15/2012Frontier Commences Drilling Program at Marudi Mountain Gold ...
12/22/2011Frontier Signs Contract for 2012 Drilling at Marudi Mountain...
5/13/2011Frontier receives TSX-V Acceptance for Five Star Property Op...
5/5/2011Frontier Provides Update on Sardine Hill Project
4/26/2011Takara Commissions Airborne Magnetics and Radiometrics Surv...
4/21/2011Frontier Exercises Option to Acquire Five Star - Case Proper...
3/15/2011Frontier Commences Drilling at Favourable Lake Project
3/4/2011Frontier Exploration Update
Corporate news of GPM Metals Inc.
7/27/2016GPM Metals Inc. announces the grant of stock options
7/24/2016GPM Metals Inc. and Sandy Lake Gold Inc. (formerly Lago Dour...
5/24/2016GPM Metals Inc. Announces Closing of Private Placement
5/16/2016Lago Dourado Minerals Ltd. and GPM Metals Inc. Announce Exec...
5/8/2016GPM Metals Inc. Announces Increased Private Placement
4/30/2016GPM Metals Inc. Announces Amended Private Placement
4/28/2016GPM Metals Inc. Announces Amendment to Record Date for Distr...
4/25/2016GPM Metals Inc. and Lago Dourado Minerals Ltd. Respond to Go...
4/19/2016GPM Metals Inc. Announces Private Placement Financing and Re...
4/14/2016GPM Metals announces the discovery of significant Zinc anoma...
3/30/2016GPM Metals Inc. and Lago Dourado Minerals Ltd Announce Prope...
11/19/2015GPM METALS INC. Announces Initial Exploration Results from T...
9/8/2015GPM Metals Inc. announces the grant of stock options
9/3/2015GPM Metals Inc. Announces Acquisition of Pasco Property
7/22/2015GPM Metals Inc. provides an update of The Walker Gossan Proj...
7/16/2015GPM Metals Inc. Announces Share Consolidation
6/25/2015GPM METALS INC. announces Results of 2015 Annual Meeting
4/15/2015GPM Metals Inc. and Goldeye Explorations Limited Announce Si...
10/1/2014GPM METALS INC. Announces Filing of Initial Technical Report...
6/13/2014GPM Metals Inc. Signs Agreement to Sell Guyana Properties
2/18/2014GPM Metals Inc. announces the grant of stock options
1/27/2014GPM Metals Inc. announces signing of Earn-in / Joint Venture...
12/24/2013Frontier Announces Results of 2013 Annual and Special Meetin...
8/28/2013announces name change
8/22/2013acquires DPG Resources Inc.
7/17/2013Frontier Provides Corporate Update
5/28/2013signs agreement to acquire DPG Resources Inc.
1/15/2013Frontier Reports Resignation of VP, Exploration
11/6/2012Frontier Property Acquisition and Private Placement Agreemen...
10/31/2012Exploration Update
10/12/2012announces the grant of stock options
7/25/2012Frontier Amends the Terms of Share Purchase Warrants
7/5/2012Frontier Announces Corporate and Administrative Changes
6/22/2012Frontier Provides Final 2012 Drilling Results from Marudi Mo...
6/5/2012Frontier Reports Appointment of Vice-President, Exploration
5/24/2012Frontier Provides Additional Drilling Results from Marudi Mo...
4/19/2012Arrowhead Intersects 19.9gpt silver over 10.0m at Puruni Gol...
4/16/2012Frontier Comments on Recent Trading Activity
2/16/2012Frontier Announces Granting of Incentive Stock Options
2/2/2012Frontier Announces Warrants Exercise
1/13/2012Frontier to Defend Claim by Capital Street Group Investment ...
12/20/2011Frontier Announces Sardine Hill Injunction Discharged
8/24/2011Frontier Reports Re-Sampling of Marudi Mountain Historical D...
5/17/2011Frontier Provides Update on Sardine Hill Dispute
5/4/2011Frontier Extends Warrants
4/28/2011Frontier Proposes to Extend Warrants
3/4/2011Frontier Closes Private Placement and Guyana Properties Agre...
2/25/2011Frontier Announces Private Placement of Flow-Through Units
Comments closed
Latest comment posted for this article
Be the first to comment
Add your comment
CA$ 0.090
03/04 09:30 -
Prev close Open
0.090 0.090
Low High
0.090 0.090
Year l/h YTD var.
0.065 -  0.095 50.00%
52 week l/h 52 week var.
0.035 -  0.095 100.00%
Volume 1 month var.
13,000 38.46%
24hGold TrendPower© : -27
Explores for
Interactive chart Add to compare
Print Compare Export
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
Annual variation
5 years chart
3 months chart
3 months volume chart
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
announces expected non-cash impairment
AU$ 7.76+4.72%Trend Power :
Oceana Gold(Au)OGC.AX
AU$ 1.84-1.86%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 2.36-2.88%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
US$ 1.08+0.00%Trend Power :
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
Reduced Funding Requirement
GBX 1.98+0.51%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.06+0.00%Trend Power :
Closes Bridge Loan Financing
CA$ 4.11+0.24%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 14.39+3.75%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.45-2.17%Trend Power :
Q A April 2017 Quarterly Report
AU$ 0.21-8.70%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 4.62-2.74%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 25.61+8.43%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
2nd Quarter Report
AU$ 0.05+0.00%Trend Power :