Gold Mountain Mining Corp. is pleased to announce an updated National Instrument 43-101 Mineral Resource Estimate following the conclusion of its Phase1 drill program at the Elk Gold Project. An updated technical report will be filed on the Company's website and SEDAR within 45 calendar days of this disclosure. Highlights: Gold Mountain increases its resource estimate at its flagship Elk Gold Project to: 651,000 oz of [...]
Gold Mountain Mining Corp. is pleased to announce it has received its Notice of Work permit, allowing it to expand its 2021 exploration program at its 100% owned Elk Gold Project. The NoW permits Gold Mountain to continue chasing it's deep, high-grade mineralization while exploring additional satellite zones throughout the property. Highlights: Gold Mountain receives authorization for an expanded Phase 2 exploration [...]
Gold Mountain Mining Corp. is pleased to announce that it has received its Notice of Departure to begin mine construction at its 100% owned Elk Gold Project located near Merritt. The Company anticipates construction to begin in May 2021 and is the first major operating catalyst to ore delivery in Q4 2021. Highlights On April 29, the Company received authorization from the Ministry of Mines to begin construction and [...]
Gold Mountain Mining Corp. is pleased to announce results from the Company's latest drill hole intercepts located at its 100% owned Elk Gold Project located near Merritt. These assay results extend known high-grade mineralization of the 2600 and 2700 vein systems and showcase near-surface gold grades consistent with the Company's successful deep drilling results announced on April 14th, 2021. Additionally, the Company's [...]
Gold Mountain Mining is pleased to announce that after successfully completing the application process it has been approved by FINRA for quotation in the U.S. The Company's common shares began being quoted on the OTCQB today, April 15, 2021, at the opening of the market under the stock symbol "GMTNF" and will remain listed on the TSX Venture Exchange under the ticker symbol "GMTN." The Company has also completed the [...]
Gold Mountain Mining Corp. is pleased to announce gold results from the Company's down-dip portion of its Phase 1 drill program at its 100% owned Elk Gold Project located near Merritt. These high-grade assay results continue to expand known veins down dip indicating a clear path growth of the project. Highlights: Assay results from down-dip drilling confirm the presence of high-grade vein extensions: SND20-029 intercepted [...]
Gold Mountain Mining Corp. is pleased to announce that after completing several trade-off studies, JDS Mining & Energy Inc. has concluded that the Prefeasibility Study should include a component examining underground mining at the Company's 100% controlled Elk Gold Project. "Our ability to demonstrate resource and mine plan scalability has been a recurring theme in our conversations with institutional investors. With [...]
Gold Mountain Mining Corp. is pleased to announce initial results from the Company's Phase 1 exploration program at its 100% owned Elk Gold Project located near Merritt. The initial assay results incrementally expand the strike of known mineralized zones beyond the current resource model. The Company also wishes to welcome Dr. Quinton Hennigh, a renowned economic geologist, to its Advisory Board. Highlights: The initial [...]
Gold Mountain Mining Corp. is pleased to announce that it has closed its brokered private placement of units and has issued 10,310,000 Units at a price of $0.97 per Unit for aggregate gross proceeds of $10,000,700. The Offering was led by Canaccord Genuity Corp. and Gravitas Securities, as co-lead agents. Kevin Smith, CEO & Director of Gold Mountain, commented, "Through successfully completing this offering, we have [...]
Gold Mountain Mining Corp. is pleased to announce that it has engaged JDS Energy & Mining Inc. to complete the Pre-Feasibility Study at the Elk Gold Project located in British Columbia. The PFS was commissioned to reflect the recent advancements the Company has made to the Elk Gold Project, most notably, the signing of both the Contract Mining Agreement and the Ore Purchase Agreement. These key inputs provide Gold [...]
Gold Mounting Mining is pleased to announce today that, due to strong demand, the Company has agreed with Canaccord Genuity Corp. and Gravitas Securities Inc. to increase the size of the agents' option on the Company's previously announced private placement of units. The Agents' Option has been increased from 3,100,000 to 5,155,000 Units, which if exercised in full would provide the Company with additional proceeds of [...]
Gold Mountain Mining Corp. is pleased to announce that it has entered into an engagement letter with Canaccord Genuity Corp. and Gravitas Securities Inc. in connection with a private placement of up to 5,155,000 units of the Company at a price of $0.97 per Unit for gross proceeds to the Company of $5,000,350. Each Unit consists of one common share of Gold Mountain and one-half of one Common Share purchase warrant. Each [...]