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News Focus
Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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Bullboard - Stock Discussion Forum 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... see more

TSX:GMTN - Post Discussion

Gold Mountain Mining Corp > Payment for shipments to NGD
View:
Post by TELEMARKER on Feb 03, 2022 12:26pm

Payment for shipments to NGD

details on $ split ?
Comment by Elliot on Feb 03, 2022 1:43pm
The ore will be sampled and weighed at the Elk Gold Mine to determine the contained ounces of gold and silver. Following delivery, New Gold will pay Gold Mountain at the end of each calendar month based on the value of the gold and silver in the ore, net of the agreed metallurgical recovery and concentrate selling costs. The terms of the Ore Purchase Agreement mitigate the variance and volatility ...more  
Comment by TELEMARKER on Feb 03, 2022 2:51pm
how much cut does NGD take for milling?
Comment by Acre10 on Feb 03, 2022 6:07pm
GMTN 89% NGD 11% I'd watch the video, its pretty informative.
Comment by TELEMARKER on Feb 03, 2022 8:16pm
right Revenue  89% x 200 tons / day x US$900 / ton = US$160,200 / day = US$4.8 million / month = US$60 million / year 70 million shares
Gold Mountain Mining Corp