Gold Mountain Updates Elk Mine Project Operations

Gold Mountain Mining Corp has announced an operational update for its Elk Mine project in British Columbia. Q3 and Q4 saw low production due to the planned winter work program, significantly reducing operations. As a result, the Elk Gold Mine experienced decreased activity.

The company is reviewing its NI 43-101 compliant Technical Report for the Elk Mine, prepared by qualified independent experts. Readers are advised not to overly rely on this report until further analysis is complete. Initial checks on historical work have indicated the need for complete re-logging of core data, expected to be finished by September 2025.

Exploration drilling has started in the "Bullion Zone," north of the Siwash Pit. Early observations suggest potential for expansion. Due to recent findings, Elk Gold Mine will reduce operations pending completion of re-logging and new evaluations.