Monday, October 6, 2025

Gold Mountain Intersects 17.54 g/t Gold Over 1.10 Metres

Gold Mountain Mining (TSXV: GMTN) this morning released assay results from its phase two drill program. The program, which was conducted at its currently operating Elk Gold Project in British Colombia, was initially slated for 10,000 metres of drilling.

Highlights from the latest round of assays include:

  • SND21-014: 1.30 metres of 10.59 g/t gold
  • SND21-025: 0.90 metres of 14.59 g/t gold
  • SND21-026: 1.40 metres of 5.85 g/t gold
  • SND21-029: 1.10 metres of 17.54 g/t gold

The results have reportedly extended mineralization at the Siwash North zone, with mineralization said to indicate “clear vein continuity.” This mineralization is said to extend both high-grade data, as well as the open-pit amenable vein systems.

As a result of the continued strong results from the drill program, the phase two program has been expanded to a total of 13,000 metres of drilling in aggregate. The program is focused on both infill and step-out drilling at Siwash North, with a portion also allocated to the Lake, South and Elusive zones, for which drilling is expected to be released in the near term.

“Now that the mine is transitioning to commercial production, Gold Mountain’s focus is to scale our resource through proceeds of mining and uphold our commitment of getting the Elk past a million ounces,” commented CEO Kevin Smith on the results.

Gold Mountain Mining last traded at $1.95 on the TSX Venture.


FULL DISCLOSURE: Gold Mountain Mining is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Gold Mountain Mining on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Video Articles

Fortune Bay: The Potential Billion Dollar Project

Japan Gold Enters New Chapter as Barrick Alliance Concludes – John Proust

Barrick Mining’s “Company Defining [Gold] Discovery”

Recommended

ESGold Secures $9 Million In Non-Dilutive Funding From Ocean Partners

Altamira Gold Encounters Porphyritic Intrusive Rocks In Initial Scout Drilling At Regional Targets

Related News

Probe Metals Updates Resource Estimate of its Flagship Val-d’Or East Gold Project

On June 1, Probe Metals Inc. (TSXV: PRB) announced a constructive updated resource estimate for...

Tuesday, June 8, 2021, 02:44:00 PM

Scottie Resources Reports Intersect Of 11.8 g/t Gold Over 6.57 Metres

Scottie Resources (TSXV: SCOT) this morning released the latest assay results for its Scottie Gold...

Friday, January 14, 2022, 08:14:28 AM

Northern Vertex Intersects 9.15 Metres Of 4.90 G/T Gold, 57.18 G/T Silver At Moss Mine

Northern Vertex Mining (TSXV: NEE) this morning released results from its infill and expansion drill...

Tuesday, May 18, 2021, 07:40:18 AM

Revival Gold Intersects 2.41 G/T Gold Over 43.9 Metres At Beartrack-Arnett

Revival Gold (TSXV: RVG) this morning announced drill results from the first ten holes of...

Monday, February 22, 2021, 08:53:08 AM

Uranium, Evergrande, & Gold With Kai Hoffmann – The Daily Dive

Today, our host welcomes back on the Daily Dive Kai Hoffman, Founder and Managing Director...

Monday, September 27, 2021, 01:30:00 PM