Gold Mountain Mining Corp T.GMTN

Alternate Symbol(s): GMTNF

Metals & Mining Gold

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

Gold Mountain Mining Corp

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Post by TELEMARKERon Apr 14, 2024 8:00pm

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Post# 35988562

News release Aprii 12

number of shares summary
original 89 milliion
Nhweln 166.5 million
Hedge 165.5 million
Unsecured vendors 166 million
Private placement 100 million
Total 687 million
Also some payables 18% interest rate
4 month hold on all the new shares, August 12 d-day
share price will be ugly monday April 15

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Ivanhoe Mines initiates Phase 3 concentrator construction