GBM Gold Ltd. Auditor Raises 'Going Concern' Doubt

GBM Gold Limited is focused on becoming a gold production company and building a gold production base in Central Victoria. The Company targets low-cost open pit gold projects to develop mining operation in Central Victoria, Australia. Its projects include Bendigo Goldfield, Goldsborough, Fiddlers Creek, Avoca and Beavis/ISG. The Bendigo Goldfield project consists of Greater Bendigo, which inlcludes the MIN 5344 tenement; Whip & Jersey, which includes MIN 4878 tenement; Woodvale, which consists of the MIN 5364 tenement; Bendigo Urban, which includes the EL 3327 tenement; West Bendigo, which consists of EL 5035 tenement, and Wilson Hill, which includes EL 5527 tenement. The Wilsons Hill project covers the Wilsons Hill Goldfield, approximately 20 kilometers west of Bendigo. The Goldsborough project consists of the Harvest home JV (MIN 5510) and Queen's Birthday (EL 5528). The Beavis-ISG project is centered on an Alluvial gold deposit at Beavis, and it consists of WA 1395 tenement.