VANCOUVER, BC / ACCESSWIRE / June 22, 2021 / Gold Mountain Mining Corp.
In May of 2019, Gold Mountain was mining high-grade ore in 2012, it ran into operational challenges and a soft gold market which led to the asset being put into care and maintenance.
Today, we have a PEA built off of locked-in agreements showing an AISC of $554 per ounce, we’ve shown we can efficiently expand the resource, our draft permit is in, and we’re on schedule to drop off our first batch of ore to New Gold in October.” commented Kevin Smith, CEO and Director of Gold Mountain.
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