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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 considers itself to operate in a single segment, being the production of crushed ore, containing both gold and silver, mineral exploration, and development of precious metal resources. The Elk Mine is in south central British Columbia, Canada, approximately 325-km northeast of Vancouver and 55-km west of Okanagan Lake, midway between the cities of Merritt and West Kelowna and hosts a number of known mineralized zones which the Company continues to investigate, develop, and mine. The project consists of approximately 32 contiguous mineral claims covering 22,152-hectare (ha) and two mining leases covering 646-ha.


TSX:GMTN - Post by User

Gold Mountain Mining Corp
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Post by Golddetectoron Apr 29, 2023 10:51am
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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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