Gold Mountain Mining (GMTN; GMTNF) has just announced the results of two high-grade gold intercepts at their 100%-owned Elk Gold Project.
Please do understand that Gold Mountain Mining is a paying member of this website. This means Resource Talks & GMTN have a financial relationship. Therefore, our views on the company may be biased.
Highlights:
- Drilling highlights include:
- 2.07m grading 51.15 g/t Au including 0.3m of 351 g/t Au
- 2.07m grading 51.15 g/t Au including 0.3m of 351 g/t Au
- Gold Mountain is the first operator at the Elk Gold Project to drill test the Elusive Zone and intercept significant gold mineralization in the first holes of this campaign.
- These high-grade intercepts mark a new discovery at the Elk Gold property, providing the Company with a potential path to significantly upscale its resource.
- Do notice that the intercepts are rather short. This mainly shows the potential for the project to be expanded, rather than the grades to be expected, in my opinion.
Original press release: https://www.accesswire.com/viewarticle.aspx?id=688717&token=pph2ubcncn98zr2ie8gc
