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 > Officially a penny mining stock

<< Previous

Bullboard Posts

Next >>

Comment by TELEMARKERon Jan 17, 2024 1:23am

87 Views

Post# 35830534

RE:Officially a penny mining stock

this will be on TMX venture exchange soon.
The deposit is very difficult to mine profitably. Perhaps its complexity was underestimated from the start. It may have been inevitable that it would be unfrofiable depite their best efforts.

<< Previous

Bullboard Posts

Next >>

Shopify stock hits year-high on Q3 results