Announcement Date: 2021-11-16
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Gold Mountain Mining Corp.
Project name: Elk
Location: Canada
Commodities: Gold
Highlight: Drilling results incl. 1.1m @ 17.54g/t Au from 415.5m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: VANCOUVER, BC, Nov 16, 2021, Gold Mountain Mining Corp. (“Gold Mountain” or the “Company”) (TSX.V:GMTN) (OTC:GMTNF) (FRA:5XFA) is pleased to announce assay results from its Phase 2 drill program at the Elk Gold Project located near Merritt, BC. The high-grade assay results continue to extend the Siwash North zone’s established mineralization down-dip and indicate clear vein continuity at depth near the project’s open pits. Gold Mountain and its exploration contractor HEG & Associates (“HEG”) followed the success of its Phase 1 drill program by continuing to perform infill and step-out drilling on its well-established vein systems in Siwash North. The highlight assays were intercepted along the 1300, 2600 and 2700 veins which extend to the west and are located in close proximity of the project’s historical open pits. The highlighted intercepts continue to demonstrate strong gold grades and lateral extensions in all three vein systems. By hitting significant mineralization, the Company continues to expand its vein models which are anticipated to add additional ounces to its planned resource estimate update this fall.
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