Gold Mountain Mining Corp T.GMTN

Alternate Symbol(s): GMTNF

Metals & Mining Industrial Metals & Minerals

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.

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Gold Mountain Mining Corp

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Post by TELEMARKERon Jul 15, 2023 4:10pm

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Post# 35542780

New Gold Q2 nr (April 1 - June 30)

Q2 2023

Q2 2022

H1 2023

H1 2022

Ore Purchase Agreements
Gold Production (ounces)	941	1,096	3,492	1,637

Key performance indicator data is inclusive of ounces from ore purchase agreements for New Afton. The New Afton Mine purchases small amounts of ore from local operations, subject to certain grade and other criteria. These ounces represented approximately 6% of total ounces produced at New Afton during the quarter, using New Afton's excess mill capacity. All other ounces are mined and produced at New Afton.