Gold Mountain Mines Its First Mineralized Material at the Elk Gold Project

VANCOUVER, BC / ACCESSWIRE / November 9, 2021 / Gold Mountain Mining Corp. ("Gold Mountain" or the "Company") (TSXV:GMTN)(OTCQB:GMTNF)(FRA:5XFA) is pleased to announce the Company has mined its first significant mineralized material at its 100% owned Elk Gold project near Merritt, BC.


  • The Company has exposed its 1100 vein system located on the footwall of historic pit 2.
  • This area was mined by previous operators in 2012 at an average grade of 16.60 g/t.
  • The Company will crush, weigh and assay the material prior to sending it to its Ore Purchase partners New Gold Inc.
  • Year 1 of Gold Mountain's mine plan contemplates mining some of the resource's highest-grade material, resulting in an expected annual after-tax profit of $10,000,000.