Tag: Gold Mountain Mining
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Gold Mountain (GMTN.V) tags high-grade gold at flagship Elk Gold Project near mining-friendly Merritt, B.C.
Earlier this morn, Gold Mountain (GMTN.V), a Company well on its way to distinguishing itself as BC’s Next Gold producer, released highly anticipated assays from a set of drill holes designed to test the down dip, high-grade vein extensions below the current resource envelope of its 100% owned Elk Gold Project near Merritt, B.C. When…
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Gold Mountain (GMTN.V) to probe the underground mining potential at flagship Elk Gold Project in mining-friendly B.C.
Gold Mountain’s (GMTN.V) flagship Elk Gold Project, a historically productive mine located in the heart of B.C. mining country, is being fast-tracked to production. The pace the Company has set for itself fits the “fast track” definition neatly. Location, always an important consideration when shortlisting buy-candidates in this wild west of a sector, doesn’t get…
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Gold Mountain (GMTN.V) tags high-grade gold at flagship Elk project – announces appointment of Quinton Hennigh to advisory board
On Monday, March 9th, Gold staged a dramatic rally in what may prove to be a major reversal off of key support. Tuesday’s price action in the metal cemented those gains. Is this a watershed event? A close above resistance at $1750 will go a long way towards restoring confidence in the sector. Looking at…
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Gold Mountain Mining (GMTN.V) raises $10 million to go ahead with Elk Gold Project
Gold Mountain Mining (GMTN.V) closed a brokered private placement, lead by Cannacord Genuity and Gravitas Securities, issuing 10,310,000 units at $0.97 per unit, and pulled in $10,000,700. The company intends on using the cash raised to advance their Elk Gold Project and for working capital and general corporate purposes. “Through successfully completing this offering, we…
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Gold Mountain Mining (GMTN.V) is starting to bore me with all this effective management and kept promises
Do you ever get that feeling that you’ve written a story before? Weeks before and months before, and five times before and eight times before that? Whenever I see a Gold Mountain Mining (GMTN.V) news release come out, I get that sinking feeling in the base of my heart because I’ve got to do this…
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Gold Mountain Mining (GMTN.V) signs ore purchase agreement, continues move towards production
For weeks, we’ve been talking about how Gold Mountain Mining (GMTN.V) CEO Kevin Smith (not my old movie writer/director boss Kevin Smith, but the ‘dig ore out of the ground’ Kevin Smith) has his head set on getting GMTN to low level production sooner rather than later. It’s a different business model from many in…
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Gold Mountain (GMTN.V) ties knot with key partner – destined to become BC’s next gold producer with a 6-month target to production
“Over the next six months our goal is to finalize the details required to bring the Elk Gold Project into production, as well as look to continue onto Phase 2 of our drill program.“ Gold Mountain (GMTN.V), having made its market debut only a few weeks back, has set this aggressive timeline for its flagship…
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Gold Mountain Mining (GMTN.V) plans to be near production in just six months
Never ruin a good mining promotion by drilling it, the old Canadian public markets adage goes. Alas, it looks like Gold Mountain Mining (GMTN.V) is hellbent on killing the joke. They’re not just doing work on their gold property, they’re setting timelines for having all the necessary pieces in play to move toward production, within…
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Gold Mountain Mining (GMTN.V): What if you could dig up gold a short rip from downtown Kelowna?
Dig up rocks all day, commute home for dinner. Fill trucks with rocks to mill, have the trucks back later that day. Mill your ore, have it arrive in downtown Vancouver before the end of your shift. This sort of mining scenario isn’t one that we hear about a lot in Canada. Usually, if you…