Gold Mountain to Begin Mine Construction

The Company anticipates construction to begin in May 2021 and is the first major operating catalyst to ore delivery in Q4 2021.

“Receiving this Notice of Departure allows us to take the critical steps of upgrading our existing water management system, installing a weigh scale, as well as leveraging a gravel borrow to start stripping waste from our initial pit and repurpose it into aggregate needed to resurface roads throughout the property.

Notice of DepartureThe NoD is an authorization allowing the Company to begin construction and site preparation at the Elk Gold Project under Gold Mountain’s existing M-199 mine permit.

With this permission, the Company avoids the need to purchase and haul additional material to site, mitigating high capital costs, carbon emissions, and wasteful mining procedures.

The permitting team is now cohesively working with the Ministry of Environment and Climate Change Strategy to address its final information requests for the receipt of the Effluent Discharge Permit.

Additionally, the Company continues to emphasize and foster it’s relationships with Indegenous Communities in the region and has made significant progress in developing strong relationships.

About Gold Mountain MiningGold Mountain is a British Columbia based gold and silver exploration and development company focused on resource expansion at the Elk Gold Project, a past-producing mine located 57 KM from Merritt in South Central British Columbia.

Forward looking statements in the press release include but are not limited to: any of the activities contemplated to begin upon receipt of the NoD, the timeline for the permit to be sent for approval, the timeline to begin construction in May 2021, the timeline for the Company to begin mining and ore delivery in Q4 2021 and becoming BC”s next high grade gold and silver producer.

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