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Gold Mountain Mining (GMTN) - Payment Received for 1st Gold Production

01 Apr 2022

Description

Gold Mountain Mining Corp. is a BC based exploration and development company focused on the Elk Gold Project, a past producing mine located approximately 57 km from Merritt, BC. The claims and leases comprising the Elk Gold Project cover over 21,000 hectares offering both exploration upside and a clear path to near term production. The proposed multi phase production plan will see a Phase 1 – 19,000 Oz. production profile beginning in Q4 2021, which will fund our proposed ramp up to 65,000 Oz. by 2025. Concurrently with developing the mine, Management plans to continue drilling the nine known high grade mineralized zones, while continuing to explore other areas showing exciting potential.

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