GOLD MOUNTAIN ENGAGES JDS MINING FOR ELK GOLD PROJECT PRE-FEASIBILITY STUDY – RICH TV LIVE – February 18, 2021 – Gold Mountain Mining Corp. (TSXV:GMTN)(Frankfurt:5XFA) (“Gold Mountain” or the “Company”) is pleased to announce that it has engaged JDS Energy & Mining Inc. (“JDS”) to complete the Pre-Feasibility Study (the “PFS”) at the Elk Gold Project located in British Columbia.
Hey guys how are you doing this is rich and we have a rich tv live and i want to talk to you about gold mountain mining this is another pick that i brought you guys first you can see that we can mark the low low 76 cents and we can mark the high high of a dollar 38 and currently sitting at 115 and consolidating literally just trading sideways right now and
They had some big news we’re gonna go through that news you can see it’s just consolidating trading in the zone right here and typically i like to see stocks consolidate before the big breakout you can see it’s consolidating trading sideways and i believe that this is typically what you’re going to see in a stock before the next big leg up this is their website
Gold hyphen mountain dot ca you can see this is showing some of their properties and projects and areas that they are going to be focusing on with drilling and exploration once again the website is gold hyphen mountain dot ca symbol in canada gmtn it’s already been a big winner for a community congratulations to investors and in frankfurt five x f a so there’s
Some big news that just came out today from gold mountain big news gold mountain engages jds mining for elk gold project pre-visibility study gold mountain mining corp gmtn in frankfurt under the symbol 5xfa is pleased to announce it has engaged jds energy and mining inc to complete the pre-feasibility study at the elk gold project located in british columbia
The pfs was commissioned to reflect the recent advancements the company has made to the elk gold project most notably the signing of both the contract mining agreement and the ore purchase agreement these key inputs provide gold mountain with the near-term cost certainty required to delineate a made in reserve at the elk gold project it is anticipated that
The pfs will also update the company’s resource estimate at the sea wash north zone based on the results of its phase one drill program we’re very pleased to have jds lead the pfs update their proven track record of engineering expertise is building fit for purpose projects in canada’s north we’ll greatly contribute to the elk gold project stated kevin smith
Director and ceo we’ve had on our show having a reputable group validate our economics assess the underground potential and continue to advance the elk gold project strengthens our upside inability to deliver long-term value to our shareholders jds will lead the pfs update and support from knight pi sold consulting and certain key independent consultants pfs
Is expected to be completed in q3 2021 gord dirksen president of the engineering division at jds further states we are happy to be working with gold mountain to support near-term production that’s right guys near-term production and long-term planning at the elk gold project the team has built a strong foundation for jds to add our extensive operational and
Permitting experience on a number of quality projects in bc and we look forward to maximizing value together as partners qualified person the technical content of this news release has been reviewed and approved by grant carlson who is a qualified person under national instrument 43-101 about jds energy and mining inc jds energy and mining inc is a pc based
Engineering construction and ug development company specializing in providing value-added solutions for mineral resource projects they are an experienced mine builder having most recently provided feasibility study and epcm services to two of canada’s newest gold mines victoria gold’s eagle mine in yukon and pure gold’s madison mine in ontario about gold
Mountain gold mountain is a bc based gold and silver exploration and development company focused on resource expansion at the elk gold project a past producing mine located 57 kilometers from merit in south central british columbia some big breaking news from gold mountain mining and once again their website is gold hyphen mountain.ca and this is a company
That is focused on growth and we love finding companies that are focused on growth you can see here some previous news as well gold mountain announces increase in agents option for previously announced private placement gold mountain mining this was on february 8th is pleased to announce that today due to strong demand the company has agreed with concord
Genuity corp and gravitas securities inc to increase the size of the agent’s option on the company’s previously announced private placement the agent’s option has been increased from 3.1 million to 5.155 million units which if exercises in full would provide the company with an additional proceeds of 5 million 350 000 wow that’s big 5 million and 350 dollars
For aggregate gross proceeds of 10 million 700 wow an additional 10 million dollars for the company this is absolutely huge and closing of the offering is expected to be on or about february 23rd so we’re literally days away from this offering being closed which would be next week which is extremely bullish for gold mountain mining an additional 10 million
Dollars to help the company move forward and its objectives love to know what you guys think about this news remember rich tv lab is strictly for education and entertainment purposes always do your due diligence always do your research before you invest in anything that we talk about here in rich tv live always invest in the best the best is blessed if you
Go to operations on their website you’ll see the projects that they are focused on i’m going to continue doing my research and i’m going to continue to do my due diligence love to know what you guys think if you like the video like i said please smash the like button comment down below share the video everywhere and subscribe love to know what you think this
Has already been a winner for our community and in my opinion this is a story that’s just getting started we’re about to go into an epic metals bull market and i am looking for good gold silver and miners to position our community into we brought you a copper pick earlier this week they’ve exploded i brought you this pic a couple weeks ago maybe a few months
Ago they’ve exploded and i believe that this is a story that’s just getting started let me know what you guys think do you agree with me comment down below this is rich from mr live with the big breaking news gold mountain mining once again engages jds mining for the elk gold project pre-feasibility study we bring in the winners and we bring them to you first
Gold mountain mining been a big winner for the community in my opinion this is a story that’s just getting started thank you guys for watching if you’re not winning you’re not watching we bring in the winners and we bring them to you for school mountain mining already a big winner for a community and like i said the story is just getting started have yourselves
A nice day we’ll talk to you soon
Transcribed from video
GOLD MOUNTAIN ENGAGES JDS MINING FOR ELK GOLD PROJECT PRE-FEASIBILITY STUDY By RICH TV LIVE