Gold Mountain Provides Exploration Update and Appoints Dr. Quinton Hennigh to Advisory Board

VANCOUVER, BC / ACCESSWIRE / March 11, 2021 / Gold Mountain Mining Corp. ("Gold Mountain" or the "Company" ) (TSXV:GMTN)(Frankfurt:5XFA) is pleased to announce initial results from the Company's Phase 1 exploration program at its 100% owned Elk Gold Project located near Merritt, BC. The initial assay results incrementally expand the strike of known mineralized zones beyond the current resource model. The Company also wishes to welcome Dr. Quinton Hennigh, a renowned economic geologist, to its Advisory Board.

Highlights:

  • The initial gold results from Phase 1 drilling incrementally expand the strike of known mineralization which infills and steps-out from the current resource model. Drill results include the following:
    • SND20-004 intercepted 1.5m averaging 7.3 g/t Au (including 0.30m averaging 21.7 g/t Au)
    • SND20-001 intercepted 1.3m averaging 7.2 g/t Au (including 0.30m averaging 30.5 g/t Au)
    • SND20-020 intercepted 1.3m averaging 5.1 g/t Au (including 0.30m averaging 22.1 g/t Au)
  • Relogging and sampling program uncovered a new vein intercept in historic hole:
    • SND11-132, yielding 1.2m averaging 52.3 g/t Au (including 0.30m averaging 216 g/t Au)
  • Current drilling targets down dip continuations of mineralization. Visual indications from recent diamond core intercepts suggest promise for significant mineralization.
  • Dr. Quinton Hennigh, an industry expert with previous experience in high grade vein systems, joins the Company's advisory board.