Welcome to our dedicated page for Gold Mtn Mng news (Ticker: GMTNF), a resource for investors and traders seeking the latest updates and insights on Gold Mtn Mng stock.
Gold Mountain Mining Corp (GMTNF) is a British Columbia-based precious metals company focused on gold and silver production at its flagship Elk Gold Mine. This page provides investors and industry observers with timely updates on corporate developments, operational milestones, and strategic initiatives.
Access official press releases, financial disclosures, and exploration updates in one centralized location. Track key activities including production results, resource estimates, debt management progress, and partnership announcements. Our news collection enables informed analysis of GMTNF's operational performance and market positioning.
Content spans quarterly financials, mine expansion plans, drilling results, and management commentary. Regular updates cover metallurgical testing outcomes, permitting developments, and capital structure changes. All information is sourced directly from company filings and verified announcements.
Bookmark this page for streamlined monitoring of GMTNF's progress in British Columbia's mining sector. Combine real-time market data with fundamental operational updates to stay informed about this developing precious metals producer.
Gold Mountain Mining Corp. has successfully intercepted additional mineralization at the Elk Gold project during its Phase III drill campaign in the Siwash North Zone. Notable results include high-grade gold intercepts such as 1.50 m grading 42.39 g/t Au and 0.30 m of 207.00 g/t Au. These findings will enhance geological confidence in the adjacent veins and potentially accelerate their incorporation into the mining plan. The company aims to publish an updated resource estimate in late 2022.
Gold Mountain Mining Corp. (TSX:GMTN) has announced successful drilling results from its Phase III campaign at the Elk Gold project, revealing high-grade mineralization in the Siwash North Zone.
Key intercepts include 1.50 m at 42.39 g/t Au and significant findings from other drill holes. These results enhance geological confidence and aim to expand the resource base. The company anticipates releasing an updated resource estimate later in 2022. CEO Kevin Smith highlighted plans for integrating new high-grade discoveries into their mining operations, aiming for a production profile of 19,000 oz.
Gold Mountain Mining has announced a revenue of $548,862 for February ore deliveries to New Gold's New Afton Mine. The company's first month of operation involved delivering 2,500 tonnes of ore with an average gold grade of 3.9 g/t. In March, Gold Mountain expects to deliver approximately 1,650 ounces of gold, projecting revenues of about $3 million. The company is ramping up production from its high-grade 1300 vein and anticipates continued growth with further deliveries planned for April.
Gold Mountain Mining Corp. has announced a new high-grade gold discovery in the Elusive Zone, located 5km southwest of the Siwash North gold resource at their Elk Gold Project. The initial drill results, including an impressive intercept of 51.15 g/t Au over 2.07m, confirm substantial high-grade zones and significant exploration potential. This discovery may enable Gold Mountain to upscale its resource and enhance production capabilities significantly. The Phase III drill program is underway, with plans for further exploration to follow.
Gold Mountain Mining Corp. has announced a significant discovery of a new high-grade gold system in the Elusive Zone, located 5km southwest of its Siwash North gold resource. Recent diamond drill results include a highlight of 2.07m grading 51.15 g/t Au and significant mineralization, showcasing the exploration potential of the Elk Gold Project. This marks the first drilling in the Elusive Zone, indicating promising scalability and a clear path for resource expansion as the company advances its Phase III drill program.
Gold Mountain Mining Corp. has successfully completed its first ore delivery to New Gold Inc. at the New Afton Mine, marking a significant step in its transition to revenue generation. Mined from the 1300 vein, this high-grade ore will be shipped regularly, with ownership transferring upon delivery, thus mitigating recovery risks for Gold Mountain. The company plans to ramp up deliveries and initiate drilling for further resource expansion, anticipating a production profile of 19,000 oz annually for the first three years.
The Ore Purchase Agreement entails a commitment to deliver 70,000 tonnes of ore per year.
Gold Mountain Mining has successfully completed its first delivery of high-grade ore to New Gold Inc. at the New Afton Mine in British Columbia, marking a significant step towards cash flow and revenue generation. The ore was sourced from the 1300 vein, previously mined between 2012 and 2014 at an average grade of 16.7 g/t. Under the Ore Purchase Agreement, Gold Mountain will deliver 70,000 tonnes of ore per year, with ownership transferring upon delivery, thus minimizing recovery risks. Future plans include ramping up deliveries and expanding production operations.
Gold Mountain Mining Corp. has announced an updated National Instrument 43-101 Mineral Resource Estimate for the Elk Gold Project, reflecting a 24% increase in Measured and Indicated Resources to 806,000 oz at 5.8 g/t AuEq, and a 65% increase in Inferred Resources to 262,000 oz at 5.4 g/t AuEq.
The update follows a successful Phase 2 drill program comprising 13,900 meters, revealing significant mineralization in new and existing zones, including the Siwash North, Gold Creek, Lake, and South Zones.
Gold Mountain Mining Corp. announced a significant update to its resource estimate at the Elk Gold Project, revealing 806,000 oz of Measured & Indicated Resources at 5.8 g/t AuEq and 262,000 oz Inferred at 5.4 g/t AuEq. This marks a 24% increase in Measured and Indicated ounces and a 65% increase in Inferred ounces, following a successful Phase 2 drill program with 13,900 metres drilled and all holes hitting mineralization. The project exhibited strong geological potential, merging the Siwash North and Gold Creek Zones.
Gold Mountain Mining Corp. (TSX:GMTN)(OTCQB:GMTNF) announced a major drilling success at the Elk Gold Project, achieving one of the widest intercepts ever recorded during its Phase II drilling program. Significant assay results include a 2.4m intercept grading 20.2 g/t Au and a high of 127.0 g/t Au over 0.4m. The company plans to transition into Phase III exploration, aiming to further explore high-grade mineralization and develop maiden resources in previously tested satellite zones. Results from this program will inform an updated resource estimate expected soon.
