Targeting world classTargeting world classGold and Copper-gold Gold and Copper-gold

systemssystems

Resources Victoria Conference- Presentation

25 August 2008

gbgbmm

RESOURCES LTD

DisclaimerDisclaimer 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.

gbgbmm

RESOURCES LTD

About GBM 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.augbgbmm

RESOURCES LTD

StrategyStrategy

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.

gbgbmm

RESOURCES LTD

gbgbmm

RESOURCES LTD

ProjectsProjects Snap Shot 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.

Project LocationsProject Locations

gbgbmm

RESOURCES LTD

Grassy BoreTalawanta

Dee Range

Malmsbury

Willaura

Mt MargaretBrightlandsBungalienHorsecreek

Gold

Gold / Copper

Mt Isa Copper Gold ProjectsMt Isa Copper Gold Projects

‘nowhere else on earth measures up’

gbgbmm

RESOURCES LTD

gbgbmm

RESOURCES LTD

Mt Isa Copper Gold ProjectsMt 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

gbgbmm

RESOURCES LTD

Rocklands Project Cu

Mary Kathleen• 8,882t U3O8

Tiger •Rock chip samples to 1.97ppm Au and 17.5% Cu

Fine Gold Gully•Coherent soil anomaly >100ppb, peak 720ppb•Major regional structure

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

EPM 14416 Southern Gold •Extensive breccia hosting widespread anomalous base metal and gold values at surface

The Range•43 anomalous rock chips over 1.3km2 •Samples between 0.5 and 21.1 g/tAu, 25% contain >1% Cu

BrightlandsBrightlands

gbgbmm

RESOURCES LTD

Talawanta -Grassy BoreTalawanta -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

gbgbmm

RESOURCES LTD

Mount MargaretMount Margaret

Ernest Henry127Mt @ 1.1% Cu, 0.6g/t Au

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 16622

EPM 16398

EPM 16398

gbgbmm

RESOURCES LTD

Bungalien – Horse Creek Bungalien – Horse Creek

IOCG target•Discrete, intense magnetic high•Proximal to Wimberu Granite 1550ma

IOCG target•Several discrete magnetic highs•Associated soil geochemical anomaly

EPM 14120

EPM 15150

EPM 14355

gbgbmm

RESOURCES LTD

Bungalien – Horse CreekBungalien – Horse Creek

Georgina Basin Margin•Largely obscured by recent cover in EPM 15150

Previous Drilling•Confirm presence of Beetle Creek Formation•Phosphatic sediments logged, no analyses

EPM 14120

EPM 15150

EPM 14355

Radiometric anomaly •corresponding to outcrop of Beetle Creek Formation.

gbgbmm

RESOURCES LTD

Georgina BasinGeorgina Basin

PHOSPHATE HILL1115 17.2%P205

HIGHLAND PLAINS84 MT @13.4%P205

LADY ANNIE PHOSPHATE293 MT @ 16.6%P205

D-TREE450 MT @15.9%P205

LILY CREEK191 MT @14.9%P205

WONARAH72 MT @23%P205

Georgina Basin

MT Isa Inlier

An Emerging An Emerging Phosphate ProvincePhosphate 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)

GBM Tenements

Mt. Isa SummaryMt. Isa Summary

Short term targets 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 targetsLong term targets• Discover bulk mineable high value Cu-Au IOCG• Evaluate alternative deposit styles (ie. Tick Hill) gbgb

mmRESOURCES LTD

Malmsbury Gold ProjectMalmsbury Gold Project

Intrusive Related Gold In Central Victoria

gbgbmm

RESOURCES LTD

gbgbmm

RESOURCES LTD

Malmsbury Gold ProjectMalmsbury Gold Project

ELA5120

EL4515

Malmsbury

Tara

dale

Fau

lt

DrummondNorth

Goldfield91K ozs

Lauriston Goldfield83k ozs

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

Drummond North 91,000 oz’s historic hardrock production

Missing Link

Panama

Leven Star

Queen’s Birthday4.1m @ 13.1 g/t Au - Most southern hole

Intrusive TargetIntrusive Target

4.0m @ 9.5 g/t Au - Deepest hole

Malmsbury Gold ProjectMalmsbury Gold Project

gbgbmm

RESOURCES LTDMalmsbury Gold ProjectMalmsbury Gold Project

Gold Endowment recognised to date 0.15M ozs.

DDH8 4.1m @ 13.1 g/t AuDDH9 7m @ 6.4 g/t Au

Inferred ResourceInferred Resource• 305,000T @ 6.0g/t Au, 59,000ozs

Au• Evidence of depth continuation

Leven Star DepositLeven Star Deposit

MD 01 4.0m @ 9.5 g/t Au

Malmsbury Gold Project SummaryMalmsbury Gold Project Summary

gbgbmm

RESOURCES LTD

Short term targets 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 targetsLong term targets• Bulk mineable high value IRGD potentially located at depth

Dee Range copper goldDee Range copper gold

ProjectProject

Growing Presence in major Cu-Au Province

gbgbmm

RESOURCES LTD

gbgbmm

RESOURCES LTD

Dee Range ProjectDee Range Project

gbgbmm

RESOURCES LTD

Dee Range ProjectDee Range Project

Mt Morgan Mine8.0M ozs Au400KT Cu

Dee Copper Dee Copper MineMine•High grade Cu-Au veins High grade Cu-Au veins systemsystem•Not tested to depthNot tested to depth

Dee Copper Dee Copper MineMine•High grade Cu-Au veins High grade Cu-Au veins systemsystem•Not tested to depthNot tested to depth

ULAMULAM•Extensive workings Extensive workings on shears and veinson shears and veins•Zonation toward Zonation toward magnetic lowmagnetic low•Restricted Restricted explorationexploration

ULAMULAM•Extensive workings Extensive workings on shears and veinson shears and veins•Zonation toward Zonation toward magnetic lowmagnetic low•Restricted Restricted explorationexploration

Black RangeBlack Range•4.5km stream sediment 4.5km stream sediment anomalyanomaly•Au values 50 to 171ppb Au values 50 to 171ppb

Black RangeBlack Range•4.5km stream sediment 4.5km stream sediment anomalyanomaly•Au values 50 to 171ppb Au values 50 to 171ppb

Westwood Gold Westwood Gold MineMine

•High grade quartz veinsHigh grade quartz veins•Intrusive host?Intrusive host?

Westwood Gold Westwood Gold MineMine

•High grade quartz veinsHigh grade quartz veins•Intrusive host?Intrusive host?

Smelter ReturnSmelter Return•300 x 400m skarn identified300 x 400m skarn identified•Shallow drilling onlyShallow drilling only•8m @ 0.3% Cu, 0.8g/t Au8m @ 0.3% Cu, 0.8g/t Au

Smelter ReturnSmelter Return•300 x 400m skarn identified300 x 400m skarn identified•Shallow drilling onlyShallow drilling only•8m @ 0.3% Cu, 0.8g/t Au8m @ 0.3% Cu, 0.8g/t Au

Kyle MohrKyle Mohr•Intrusive hosted Intrusive hosted

•Au in stockworkAu in stockwork

Kyle MohrKyle Mohr•Intrusive hosted Intrusive hosted

•Au in stockworkAu in stockwork

50 km

Mt GordonMt Gordon• porphyry Cu-Au-Moporphyry Cu-Au-Mo

•23.0m @ 0.3% Cu, 0.2 g/t Au23.0m @ 0.3% Cu, 0.2 g/t Au•4km magnetic low 4km magnetic low

Mt GordonMt Gordon• porphyry Cu-Au-Moporphyry Cu-Au-Mo

•23.0m @ 0.3% Cu, 0.2 g/t Au23.0m @ 0.3% Cu, 0.2 g/t Au•4km magnetic low 4km magnetic low

gbgbmm

RESOURCES LTD

Dee Range ProjectDee Range Project 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.

Willaura ProjectWillaura Project

Cu-Au Intrusive Related Deposits

gbgbmm

RESOURCES LTD

Willaura – Project SummaryWillaura – Project Summary 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 EL4631gbgb

mmRESOURCES LTD

Key Targets to achieve Key Targets to achieve Strategy Strategy

Exploration Activity

Isa ProjectsIsa 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 ProjectMalmsbury 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 ProjectDee Range copper gold Project Upgrade and rank Cu-Au targets, soils and IP follow-up

Willaura copper gold ProjectWillaura copper gold Project Soil, ground magnetic and IP definition +/or drilling of targets.

gbgbmm

RESOURCES LTD

GBM ResourcesGBM Resources

Targeting world classGold and Copper-gold systems

gbgbmm

RESOURCES LTD

Thankyou