Gold Mountain Updates Mineral Resource Estimate at the Elk Gold Property
TSXV: GMTN
OTCQB: GMTNF
FRANK: 5XFA

Gold Mountain Mining Corp., is pleased to announce an updated National Instrument 43-101 Mineral Resource Estimate following the conclusion of its Phase1 drill program at the Elk Gold Project. An updated technical report will be filed on the Company’s website and SEDAR within 45 calendar days of this disclosure.

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|**Classification** | **Tonnes** | **AuEq (g/t)** | **Au Capped g/t**| **Ag Capped g/t** | **AuEq (Oz)** |
|:-|:-|:-|:-|:-|:-|
| **Measured** | **196,000** | **9.9**| **9.8**| **9.9** | **63,000** |
| **Indicated** | **3,148,000** | **5.8**| **5.7** | **11.2** | **589,000** |
| **Measured + Indicated** | **3,344,000** | **6.1**| **5.9** | **11.1** | **651,000** |
| **Inferred** | **1,029,000** | **4.8**| **4.7** | **10.9** | **159,000** |

Find the full release here at: [https://ca.finance.yahoo.com/news/gold-mountain-updates-mineral-estimate-070500531.html](https://ca.finance.yahoo.com/news/gold-mountain-updates-mineral-estimate-070500531.html)

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