Gold Mountain Reports Q3 2025 Financial and Operating Results
Monday, Dec 16, 2024 10:48 pm ET
Gold Mountain Mining Corp. (TSX:GMTN) (OTCQB:GMTNF) (FRA:5XFA) has released its financial and operating results for the three months and nine months ended October 31, 2025. The Company's Financial Statements, Management's Discussion and Analysis ("MD&A"), are available for download on SEDAR+ and the Company's website. All amounts are expressed in Canadian dollars ("$") unless otherwise noted.
Highlights for the three months ended October 31, 2025:
- Gold sales of 256 oz from 9,959 tonnes delivered grading at an average of 0.94 g/t
- The Company recorded revenue of $594,404 at an average realized gold price1 of $2,290 (US$1,676) per ounce of gold sold
- Mine operating loss of $2,007,251
- Net loss of $1,756,363 or $0.00 per share (basic) during Q3 2025
- Adjusted EBITDA1 of ($1,716,757)
- Total Cash Costs1 per ounce sold of $9,578
- The strip ratio of 66.7 in Q3 2025
During the third quarter, the Company has resumed expanded operations as planned. Production from the Elk mine during this period was in line with expectations as stripping continued to advance in preparation for accessing the main ore body in the Siwash North Pit. The combination of significant stripping against anticipated low production of gold ounces in Q3 2025 resulted in higher unit costs than Q3 2024, however these costs are expected to normalize in Q4 2025.

Gold Mountain Mining Corp. (TSX:GMTN) (OTCQB:GMTNF) (FRA:5XFA) has reported its financial and operating results for the three months and nine months ended October 31, 2025. The Company's Financial Statements, Management's Discussion and Analysis ("MD&A"), are available for download on SEDAR+ and the Company's website. All amounts are expressed in Canadian dollars ("$") unless otherwise noted.
Highlights for the three months ended October 31, 2025:
- Gold sales of 256 oz from 9,959 tonnes delivered grading at an average of 0.94 g/t
- The Company recorded revenue of $594,404 at an average realized gold price1 of $2,290 (US$1,676) per ounce of gold sold
- Mine operating loss of $2,007,251
- Net loss of $1,756,363 or $0.00 per share (basic) during Q3 2025
- Adjusted EBITDA1 of ($1,716,757)
- Total Cash Costs1 per ounce sold of $9,578
- The strip ratio of 66.7 in Q3 2025
During the third quarter, the Company has resumed expanded operations as planned. Production from the Elk mine during this period was in line with expectations as stripping continued to advance in preparation for accessing the main ore body in the Siwash North Pit. The combination of significant stripping against anticipated low production of gold ounces in Q3 2025 resulted in higher unit costs than Q3 2024, however these costs are expected to normalize in Q4 2025.
Gold Mountain Mining Corp. (TSX:GMTN) (OTCQB:GMTNF) (FRA:5XFA) has reported its financial and operating results for the three months and nine months ended October 31, 2025. The Company's Financial Statements, Management's Discussion and Analysis ("MD&A"), are available for download on SEDAR+ and the Company's website. All amounts are expressed in Canadian dollars ("$") unless otherwise noted.
Highlights for the three months ended October 31, 2025:
- Gold sales of 256 oz from 9,959 tonnes delivered grading at an average of 0.94 g/t
- The Company recorded revenue of $594,404 at an average realized gold price1 of $2,290 (US$1,676) per ounce of gold sold
- Mine operating loss of $2,007,251
- Net loss of $1,756,363 or $0.00 per share (basic) during Q3 2025
- Adjusted EBITDA1 of ($1,716,757)
- Total Cash Costs1 per ounce sold of $9,578
- The strip ratio of 66.7 in Q3 2025
During the third quarter, the Company has resumed expanded operations as planned. Production from the Elk mine during this period was in line with expectations as stripping continued to advance in preparation for accessing the main ore body in the Siwash North Pit. The combination of significant stripping against anticipated low production of gold ounces in Q3 2025 resulted in higher unit costs than Q3 2024, however these costs are expected to normalize in Q4 2025.
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