Gold Mountain Mining Encounters High-Grade Gold Intercepts in Down Dip Drill Program

is pleased to announce gold results from the Company’s down-dip portion of its Phase 1 drill program at its 100% owned Elk Gold Project located near Merritt, BC.

Gold Mountain’s technical advisor, Quinton Hennigh, commented: “The Elk Gold Project hosts one of the most predictable vein systems I have seen.

The Company received assay results for the nine holes totaling approximately 2,850m of down-dip drilling that targeted the 1300 and 2500 veins.

A focal point and objective for the Company in it’s Phase 1 drill program was to revisit this known, high-grade zone and extend the vein associated with the Mother Shoot at depth.

Five of the holes yet to be assayed drilled the 2600 and 2700 veins located in the resource pit shell while the remaining two holes are from geotechnical drilling.

Based on the predictability of the deposit confirmed by the Phase 1 drill program and initial core re-logging data, the Company is bullish that the Phase 2 exploration program will result in an increase to the resource estimate.

Gold Mountain adheres to a strict QA/QC monitoring program that includes the insertion of blanks, standards and duplicates into the sample stream, as well as the re-submission of select samples for check assays by an independent third-party laboratory.

Forward looking statements in the press release include but are not limited to: any increase in the Company’s resource estimate, the viability of underground mining at the Elk Gold Project, Elk Gold Project becoming a million ounce mine and the impact that Phase 2 will have on the resource estimate at the Elk Gold.

…Read the full story