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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 Golddetectoron Apr 29, 2023 10:51am
170 Views
Post# 35420738

Results out

Results outIt looks like they made money finally. 2000oz of gold 4.2 million with small profit. Forecasting more improvement. Grade above 5 gm per ton compared with last q of 3.4 gm per ton. Not bad at all. Let's keep in mind that gold went up 10% after that q. So  more $$$ next q if same production but most likely even production will increase. 
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