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THIS AIN’T FOOL’S GOLD: Canada’s Mineral Mecca is the Real Deal!

Nov 20, 2021

When you think of high-grade gold production, what region of the world comes to mind? Nevada, California, or maybe somewhere in South America? There’s actually a place that could be better than anywhere else on Earth for gold exploration and development – and it’s a trade secret that most retail investors aren’t privy to.

In Canada, there’s land within British Columbia that’s host to some of the world’s most prospective gold and silver assets today. As long as a company has the right permits in place and favorable relations with the Indigenous local populations, it’s a perfect site for mineral exploration.

Of course, it’s not as simple as planting your flag in B.C., as you also have to have the right end-to-end partnerships, from exploration and mine plan engineering to contracting and beyond. To be honest, not too many junior gold miners would even know where to begin with this process.

One company that’s doing it the right way is Gold Mountain Mining Corp. (TSX.V: GMTN, OTCQB: GMTNF), which acquired the B.C.-based Elk Gold project from Equinox in 2019 for just $10 million – and they did it during a suppressed gold market when it was $1,260 per ounce.

As you’re probably well aware, the gold price is much higher than that today, which should make it much more profitable long-term for Gold Mountain to develop the Elk Gold asset. This will only improve as gold-favorable tailwinds like dollar inflation, a tight mineral supply, and increasing demand kick in.

Gold Mountain Mining Corp. is operating at a huge advantage in B.C. since the company already has MOUs (Memorandums of Understanding) signed with three surrounding Indigenous communities. Plus, the Elk Gold mine is fully permitted as of October 2021.

The company’s roadmap calls for production mining at 19,000 ounces per year for three years with fixed mining costs. Even better, Gold Mountain has an application for an Environmental Assessment Certificate to scale up to 65,000 ounces per year.

But that’s just the Q4 2021 target, and it’s only going to get bigger from there. For Q3 of 2024, Gold Mountain is modeling full-scale production targeting a whopping 100,000 ounces per year, consisting of a high-grade multiple open-pit and underground operation.

Not only does the Elk Gold Mine have a history of mineral production, but it’s also situated within what could rightly be called B.C.’s gold country: a mining-friendly region where the access is easy and the infrastructure is already in place.

Consider what’s in the local area:

⦁ Vancouver: Corporate headquarters, 3 hours to the Elk Gold Mine
⦁ Merritt: 35 minutes to the Elk Gold Mine, it’s a large municipality with skilled workforces
⦁ Kelowna: International airport, HEG and Associates headquarters (geological consultants), 45 minutes to the Elk Gold Mine
⦁ New Gold (New Afton Mine): Located in Kamloops, 133 kilometers from the Elk Gold Mine, an ore purchase partner

Furthermore, Gold Mountain is leveraging strategic partnerships to facilitate the process: HEG for the exploration, JDS Energy and Mining for the mine plan engineering, Nhwelmen-Lake as a mining contractor, and New Gold as an ore purchase partner.

This is a complete action plan with specific steps to full-scale mineral production in Canada’s abundant gold and silver mecca. Even as commodities are globally in short supply, Gold Mountain Mining Corp. is definitely in the right place at the right time.

Best Regards,
FutureMoneyTrends.com

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