Near Term production in British Columbia, a politically stable jurisdiction

Gold Mountain acquired Bayshore Minerals in September 2020, with 100% ownership of the Elk Gold Project in the Merritt area of British Columbia, Canada. The Company has a strong treasury and is fully funded to execute on its growth objectives and rapidly achieve its vision of becoming a million-ounce company. With a strong mix of Capital Markets, Mine Builders and Operators, the Gold Mountain team is well positioned to transition The Elk Gold Project from development into production. The team will continue to focus on expanding both the resource and revenue opportunities with a goal of continuing to reward loyal, long term shareholders.

Strong growth profile

Abundant opportunities for major discoveries: the Siwash North resource remains open along strike and down dip. Phase 1 Exploration program added 197,000 oz (M&I) + 64,000 oz (Inferred) to the Siwash Resource and Phase 2’s, 13,900m drill program increased the resource by 155,000 oz (M&I) + 103,000 oz (Inferred) while establishing 2 maiden resources.

Serious Upside Potential

The Phase 1 exploration program added 197,000 oz (M&I) + 64,000 oz (Inferred)  to the Siwash North resource, which was followed by an increase of 155,000 oz (M&I) + 103,000 oz (Inferred)  in Phase 2, allowing management to uphold its commitment of a 1M oz resource. The 15,500m Phase 3 drill program will continue to drill along the Elk’s well established high-grade and explore the massive potential throughout the rest of the 21,187 ha land package.

Peer-leading insider ownership

Gold Mountain has a broad shareholder base with strategic long-term shareholders and a mix of retail, high-net-worth and institutional investors. Many of Gold Mountain’s leadership group have personally invested in the company, bridging the interests of investors and Gold Mountain executive team.

Exploration Program and Mining Permit Awarded

$3M Multi Drill program across zones to delineate further resources and add to exploration targets. With our Mining Permit of Phase 1 – 19,000 Oz. per year scenario awarded we will will immediately transition into production. Shortly thereafter, we will enter into the Environmental Assessment process with a goal of onsite Milling and Phase 2 – 65,000 Oz. per year production profile by 2025. Near term production gives Gold Mountain the unique ability to help fund exploration and development ambitions, which is rare amongst its peers.

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