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Gold Mountain speeds toward first production at Elk Gold in BC

From mining.com

Gold Mountain Mining (TSXV: GMTN) is on track for first production in October and first revenue in November at its Elk Gold project in British Columbia. The company received a draft mining permit for the project on June 8, with a final permit expected to follow shortly. The junior plans to start mine commissioning in the third quarter, followed by commercial production in the final quarter. As outlined in an updated preliminary economic assessment (PEA) released in September, Gold Mountain expects to build an 11-year open pit and underground operation at Elk Gold. Production would start off at 19,000 oz. per year for ... (full story)

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