Brief: ABM Resources

ABM Resources (ABU) is preparing to drill 20 targets in 2010 and has a long-term strategy to test a total of up to 100 targets over five years with the aim to discover Tier One deposits greater than 5 million ozs of gold. Following the recent acquisition of certain exploration licences and licence applications from Tanami Gold NL (TAM), ABM says it is now one of the largest landholders in Australia exploring for gold and gold-copper deposits.