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Gold Mountain Identifies New Targets

Gold Mountain Mining Corporation (GUM.V) has completed a 13,410 meter drill program on its 100% owned Elk Gold property, located near Merritt, British Columbia. The exploration camp supported two target areas for diamond drilling during the 2012 exploration program.

The first area of focus for the drill program was to test the western extension of the historic Siwash North pit. In-fill drilling was completed along the 350 meter western step out between the existing open pit and 2011 drill hole SND11-123 which intersected a pyritic quartz vein, grading 30.4 g/t gold and 56.2 g/t silver over a core length of 0.39 meters. The 2012 drill results confirm mineralization in the western extension of the vein.

A second group of regional drill targets for the 2012 program included four of the nine prospective zones on the Elk property. Targets were identified based on the promising results of the Titan 24 survey, Pole-Dipole IP survey and the drill results from 2010 and 2011. Regional drilling was designed to extend both the strike length and depth of the high priority regional gold bearing structures identified in the 2010 and 2011 drilling program, including Lake Zone, Discovery and the South Showing.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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