Near Term production in British Columbia, a politically stable jurisdiction

Gold Mountain acquired Bayshore Minerals in September 2020, with 100% ownership of the Elk Gold Project in the Merritt area of British Columbia, Canada. The Company has a strong treasury and is fully funded to execute on its growth objectives and rapidly achieve its vision of becoming a million-ounce company. With a strong mix of Capital Markets, Mine Builders and Operators, the Gold Mountain team is well positioned to transition The Elk Gold Project from development into production. The team will continue to focus on expanding both the resource and revenue opportunities with a goal of continuing to reward loyal, long term shareholders.

Strong growth profile

Abundant opportunities for major discoveries: the Siwash North resource remains open along strike and down dip. Phase 1 Exploration program added 197,000 oz (M&I) + 64,000 oz (Inferred) to the Siwash Resource and Phase 2’s, 13,900m drill program increased the resource by 155,000 oz (M&I) + 103,000 oz (Inferred) while establishing 2 maiden resources.

Serious Upside Potential

The Phase 1 exploration program added 197,000 oz (M&I) + 64,000 oz (Inferred)  to the Siwash North resource, which was followed by an increase of 155,000 oz (M&I) + 103,000 oz (Inferred)  in Phase 2, allowing management to uphold its commitment of a 1M oz resource. The 15,500m Phase 3 drill program will continue to drill along the Elk’s well established high-grade and explore the massive potential throughout the rest of the 21,187 ha land package.

Peer-leading insider ownership

Gold Mountain has a broad shareholder base with strategic long-term shareholders and a mix of retail, high-net-worth and institutional investors. Many of Gold Mountain’s leadership group have personally invested in the company, bridging the interests of investors and Gold Mountain executive team.

Exploration Program and Mining Permit Awarded

$3M Multi Drill program across zones to delineate further resources and add to exploration targets. With our Mining Permit of Phase 1 – 19,000 Oz. per year scenario awarded we will will immediately transition into production. Shortly thereafter, we will enter into the Environmental Assessment process with a goal of onsite Milling and Phase 2 – 65,000 Oz. per year production profile by 2025. Near term production gives Gold Mountain the unique ability to help fund exploration and development ambitions, which is rare amongst its peers.

Latest News

12
April 

Gold Mountain Closes Debt Settlements and Private Placement and Announces 2024 Annual Meeting of Shareholders Details

10
April 

Gold Mountain Announces Chief Financial Officer Appointment

25
March 

Gold Mountain Announces Reliance on Financial Hardship Exemption in Connection with Debt Settlements and Deferrals and Private Placement Offering up to $750,000

8
March 

Gold Mountain Receives Notice of Default & Breach of Contract

16
Jan 

Gold Mountain Announces Notices of Demand Update & Resignation of a Board Member

10
Jan 

Gold Mountain Received Demand for Payment

14
Sep 

Gold Mountain Reports its Q2 2024 Financial and Operating Results

13
Sep 

Gold Mountain Enters into Secured Loan Agreement

09
Aug 

Gold Mountain names Wilkinson as director nominee

24
July 

Gold Mountain receives $500K production bonus payment

20
July 

Gold Mountain Appoints New Board Member and Chief Financial Officer

20
July 

Gold Mountain Appoints new Chief Executive Officer

26
June

Gold Mountain Announces Management and Board Update

14
June

Gold Mountain Reports its Q1 2024 Financial and Operating Results

25
May 

Silver Crown Royalties Exercises Top Up Option on Royalty Purchase

17
May 

Gold Mountain Completes its Final Property Payment

12
May 
Gold Mountain Enters into a Silver Royalty Agreement with Silver Crown Royalties Inc.
 
28
Apr 
Gold Mountain Reports Q4 and Full Year Ended January 31, 2023 Results
 
02
Mar 
Gold Mountain Provides Operational and Corporate Update
 
15
Dec 
Gold Mountain Provides Corporate Update 
 
14
Sep 
Gold Mountain Provides Corporate Update 
 
14
Jun
Gold Mountain Provides Corporate Update 
 
21
Apr
Gold Mountain Closes $18.5 Million Bought Deal Public Offering
 
07
Apr
Gold Mountain Intercepts 207 g/t at the Elk Gold Project
 
22
Mar
Gold Mountain Receives First Payment from New Gold for February Ore Delivery
 
15
Feb
Gold Mountain Confirms New High-Grade Gold Discovery in the Elusive Zone at the Elk Gold Project
 
03
Feb
Gold Mountain Delivers First Shipment of Ore to New Gold Inc.
 
07
Dec
 Gold Mountain Updates Mineral Resource Estimate at the Elk Gold Property
 
01
Dec
 Gold Mountain Hits One of the Widest Recorded High-Grade Intercepts at the Elk Property
 
22
Nov
Gold Mountain Announces Graduation to the Toronto Stock Exchange
 
16
Nov
Gold Mountain Hits Additional High-Grade Intercepts in its Phase 2 Drill Program
 
09
Nov
Gold Mountain Mines First Mineralized Material at the Elk Gold Project
 
05
Nov
Gold Mountain Receives Conditional Approval to List on the Toronto Stock Exchange
 
01
Nov
Gold Mountain Receives Its Mining Permit from The Ministry of Mines
 
12
July
Gold Mountain Receives Update from the Ministry of Mines
 
30
Jun 
Gold Mountain Hits Additional High-Grade Intercepts in its Phase 2, 10,000m Drill Program
 
24
Jun 
Gold Mountain Closes $12 Million Bought Deal Private Placement

All News