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. (GMTNF) announced significant drilling results at the Elk Gold project. The Phase II Siwash North drill program yielded one of the widest intercepts ever recorded, with a notable result of 2.4m grading 20.2 g/t Au, including a high of 127.0 g/t Au. The company has drilled approximately 13,900m across various zones and anticipates updated resource estimates shortly. With successful results in both the Siwash North and potential in satellite zones, Gold Mountain is optimistic about further resource expansion.
Gold Mountain Mining Corp. (TSX:GMTN, OTCQB:GMTNF) announced additional high-grade assay results from its Phase II drill program at the Elk Gold Project. Key drilling highlights included intercepts of 1.10m grading 10.05 g/t Au and 1.30m grading 12.00 g/t Au. The program totaled 13,900m, with focus on the Siwash North zone. The company aims to explore eight additional satellite zones and plans to drill the Elusive Zone, previously untested. These developments may enhance the project’s resource potential and scalability.
Gold Mountain Mining Corp (OTC:GMTNF) announces impressive assay results from its Phase II drill program at the Elk Gold Project. Key highlights include high-grade gold intercepts, such as 1.10m grading 10.05 g/t Au and 1.30m grading 12.00 g/t Au. Drilling targeted the Siwash North zone, with a total of 13,900m drilled, revealing strong grade continuity in mineralization. The company is also exploring satellite zones to develop new resources, and all drilling activity is concluded, awaiting further assay results.
Gold Mountain Mining Corp. has received final approval to up-list its shares to the Toronto Stock Exchange (TSX) from the TSX Venture Exchange (TSXV), effective November 23, 2021. This milestone follows 11 months of trading on the Venture and reflects the company's commitment to shareholder value. CEO Kevin Smith stated the company will enter production with 70 million shares outstanding, targeting steady cash flow and a multi-phased exploration program in 2022. The transition will not require any action from shareholders and includes an updated escrow release schedule.
Gold Mountain Mining Corp. has announced the final approval for the listing of its common shares on the Toronto Stock Exchange (TSX), transitioning from the TSX Venture Exchange (TSXV). Trading under the ticker symbol GMTN will commence on November 23, 2021. CEO Kevin Smith expressed optimism about the company’s growth, highlighting a clear path to revenue with only 70 million shares outstanding and an updated resource estimate expected soon. The announcement also includes an update to the escrow release schedule related to this graduation.
Gold Mountain Mining Corp. reported positive assay results from its Phase 2 drill program at the Elk Gold Project, further confirming high-grade mineralization in the Siwash North zone. Key highlights include:
- 1.30m scoring 10.59 g/t Au and 0.30m at 45.60 g/t Au.
- Increased total drilling meterage by 30% to 13,000m due to strong intercepts.
- Successful exploration of three additional mineralized satellite zones.
These results bolster the company’s resource expansion strategy and enhance prospects for increased future resource estimates.
Gold Mountain Mining Corp. has mined its first significant mineralized material at the Elk Gold project in British Columbia. The company has exposed its 1100 vein system, historically yielding an average grade of 16.60 g/t. With plans to deliver material to New Gold Inc., Gold Mountain anticipates an after-tax profit of $10 million in Year 1 of its mining plan. The company aims to ramp up operations and engage with Indigenous Communities while ensuring revenue generation in Q4 2021.
Gold Mountain Mining Corp. has announced the successful mining of its first significant mineralized material at the Elk Gold project in British Columbia. Located along the 1100 vein system previously mined at an average grade of 16.60 g/t, this milestone indicates a transition to commercial production. The company anticipates an annual after-tax profit of $10 million for the first year, backed by a streamlined capital expenditure of $9 million. Mining operations are set to ramp up, with deliveries scheduled to its ore purchase partner, New Gold Inc., to generate revenue by Q4 2021.
Gold Mountain Mining Corp. has received conditional approval from the Toronto Stock Exchange (TSX) to list its common shares, planning to voluntarily delist from the TSX Venture Exchange (TSXV). The transition aims to enhance liquidity and attract institutional investors. The Company also filed a preliminary base shelf prospectus allowing offerings up to C$50 million over 25 months, with a current cash position of $14.9 million. This positive momentum follows a shift from being an exploration company to a near-term gold producer, with expectations for commercial production shortly.
Gold Mountain Mining Corp has received conditional approval to list its common shares on the Toronto Stock Exchange (TSX) following a productive 10 months on the TSXV. The company plans to voluntarily delist from the TSXV, enhancing liquidity and accessibility for institutional investors. Additionally, a preliminary base shelf prospectus has been filed, allowing potential offerings up to C$50 million over 25 months, though no immediate fundraising is planned. The company reported a healthy cash position of C$14,931,106.
