Sak Creek, in the valley adjacent to Mongae Creek, is showing promising features of porphyry-style mineralisation. Ridge and spur soil sampling has led to the identification of three concentric geochemical zones.  A mapping campaign of the creeks between Mongae Creek and Sak Creek revealed that copper-gold mineralisation occurs over a distance of 7 km. These findings highlight the potential for a north-west trending belt with significant mineralisation throughout.

Further high-resolution mapping and creek sampling is planned to take place at Sak Creek in tandem with exploration at Crown Ridge and Mongae Creek.

 

 

 

Exploration Results reported in ASX release of 27 February 2015: “Completion of 3D Magnetic Modelling and Results following Helimag surveying” are available to the public at https://www.goldmountainltd.com.au/investors/announcements/. Competent Person: Jim Allender. Gold Mountain confirms it is not aware of any new information or data that materially affects the information included in the market announcement. Gold Mountain Limited confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcement.

Exploration Results reported in ASX release of 02 March 2015: “Stage 1 Exploration Results – Sak Creek, PNG” are available to the public at https://www.goldmountainltd.com.au/investors/announcements/. Competent Person: Mr. Murray Hutton. Gold Mountain confirms it is not aware of any new information or data that materially affects the information included in the market announcement. Gold Mountain Limited confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcement.