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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 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

Post by GoldenPolarBearon Apr 04, 2024 10:35pm
119 Views
Post# 35971850

“… BRICS looks to bullion to challenge dollar dominance 🇺🇸

“… BRICS looks to bullion to challenge dollar dominance 🇺🇸

"... 

Is gold becoming a global battlefield? BRICS looks to bullion to challenge dollar dominance..."

"... Throughout the early months of 2024, the BRICS has been gaining a great deal of attention, first and foremost, by doubling in size. The intergovernmental organization uniting Brazil, Russia, India,  China , and South Africa welcomed Egypt, Ethiopia, Iran, and the United Arab Emirates into the fold on Jan. 1, with the confirmation of Saudi Arabia’s formal ascension on Jan. 31 bringing the total number of member states from five to 10. Recent reports have 34 more countries expressing interest in joining this year.

Russia has assumed the chairmanship of the bloc, with the next BRICS summit taking place in the southwestern city of Kazan from Oct. 22 to 24, 2024. Since the invasion of Ukraine in February 2022, Russia has been operating under punitive sanctions that have frozen sovereign assets, restricted key imports, and locked the country out of the SWIFT international banking system. No state has a stronger incentive to push back against the existing financial order than Russia...."



https://www.kitco.com/news/article/2024-04-04/gold-becoming-global-battlefield-brics-looks-bullion-challenge-dollar

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