Gold Mountain Mining Corp T.GMTN

GMTN Encounters High-Grade Gold Intercepts in Down-Dip Drill

[CADInvestor33]

Gold Mountain Mining Corp announced gold results from the down-dip portion of its Phase 1 drill program at its 100% owned Elk Gold Project located near Merritt, BC. These high-grade asay reuslts continue to expand known veins down-dip indicating a clear path growth of the project. 

Highlights:

• Assay results from down-dip drilling confirm the presence of high-grade vein extensions:
  • SND20-029 intercepted 1.42m averaging 37.00 g/t Au (including 0.42m averaging 124.00 g/t Au)
  • SND20-032 intercepted 1.22m averaging 16.23 g/t Au (including 0.30m averaging 62.20 g/t Au)
  • SND20-032 intercepted 1.30m averaging 7.95 g/t Au (including 0.30m averaging 31.30 g/t Au)
• The assay results of the down-dip drilling continue to demonstrate the potential to expand the current resource at depth.
• 100% of all drill holes have encountered significant mineralized intercepts.

Read the PR here:

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2907-tsx-venture/gmtn/97087-gold-mountain-encounters-high-grade-gold-intercepts-in-down-dip-drill-program.html

[Acre10]

What a news release! 41/41 holes hitting Gold! TSX.v's best kept secret here.

[techguy12]

I'm more impressed with the 124 g/t mineralization! These guys are hitting these grades WHILE going into mining in a politically safe area. I just don't see what the downside of this story is.