Golden Globe Resources Ltd.
GGR.AX
Australian Securities Exchange0.15
AUD
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Golden Globe Resources Ltd.
GGR.AX
(Australian Securities Exchange)
Recent
price
0.15
P/E
ratio
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div
yld
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ROIC.AI
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- Business
- Golden Globe Resources Ltd (ASX:GGR) is an Australia-based minerals exploration company focused on identifying and developing prospective copper and gold assets. The company holds 100% interest in the Dooloo Creek Project, comprising two granted exploration permits covering 77.94 square kilometers in southeast Queensland; 100% interest in the Alma Project, comprising one granted exploration permit covering 294.6 square kilometers in central Queensland; and interests in the Neila Creek Prospect, comprising one exploration license covering 42.73 square kilometers in New South Wales. These projects target gold and associated copper mineralization through surface sampling, geochemical analysis, reverse circulation and diamond drilling, geophysical surveys, and resource evaluation activities. Founded in 2014 and headquartered in Sydney, Australia, the company operates primarily in the metals and mining sector, targeting institutional, high-net-worth, and retail investors in the gold and copper exploration segments. Previously known as Reckon Health Care Holdings Limited, it changed its name to Golden Globe Resources Ltd in July 2017 to reflect its strategic shift to minerals exploration. In late 2025, Golden Globe Resources completed an oversubscribed initial public offering of A$8.5 million and listed on the ASX, with proceeds funding an extensive maiden drilling program at Dooloo Creek, including 4,000 meters of diamond core and reverse circulation drilling across multiple prospects such as Northern Gold, Eastern Breccia, Silver Plain, Base Station Hill, and True Blue. The company commenced this drilling campaign following site preparations and contractor mobilization, building on prior high-grade surface rock sampling results up to 28.8 grams per tonne gold and historical intercepts. Exploration plans extend to Neila Creek for porphyry-related gold-copper systems and Alma for copper-gold targets identified via stream sediment and soil sampling.