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Gold Mountain Mining Corp T.GMTN

Alternate Symbol(s):  GMTNF

Gold Mountain Mining Corp. is a Canada-based gold and silver exploration and development company. The Company is focused on resource expansion at the Elk Gold Project, a producing mine located approximately 57 kilometers (km) from Merritt in South Central British Columbia. The Company is engaged in the production of crushed ore, containing both gold and silver, mineral exploration, and development of precious metal resources. The Company’s principal product is crushed ore produced from the Elk Mine. The Elk Gold Property is a 21,187-hectare (ha) land package. The Elk Gold Project hosts multiple gold mineralized zones within the 21,187-ha property boundary. The Elk Gold is a mesothermal, intrusive related, gold vein system. The Elk Gold Project is a past producing high grade gold mine.


TSX:GMTN - Post by User

Post by austrochrison Feb 04, 2022 5:19am
224 Views
Post# 34396297

newest gold producer in BC !

newest gold producer in BC !Made a little research here : The PEA includes about 570 000 ounces of gold - 1800 Dollar gold price - 280 Million US Dollar NPV . ( 355 Million Candollar ) . The current resource is just over 1 Million ounces . So the economics are much better now as mentioned in the PEA ! ( nearer to 500 Million Candollar NPV ) !

Great management and great future .
Under 600 Dollar all in costs / ounce is worldclass
and the capex is very low ! Great capex / NPV ratio !
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