GOLD MOUNTAIN MINING ELK GOLD
BRITISH COLUMBIA, CANADA
ROYALTY DESCRIPTION (A Type)
- Gold Mountain Mining Corp (“GMTN”) is currently restructuring the operations and ownership of Elk Gold
- Royalty acquisition announced and closed May 2023
- SCRi paid C$ 2.5 million for 90% of silver produced (100% in cash)
- GMTN has the option to increase minimum delivery payments in 2,000 ozpa intervals up to 20,000 ounces for C$500,000 (in SCRi equity) each up to a total disbursement from SCRi of C$6.5 million (one increment exercised in Q2 2023)
| OPERATOR | GMTN |
| MKT CAP | Private |
| TERMS | 90% of silver produced or 6,000 ozs per year, increases to 20,000 ozs for additional payments in $500,000/2,000 oz increments |
| ASSET | Elk Gold |
| SILVER OZs | 6,000 per year; >600,000 over Life of Mine (LOM) |
| DELIVERED YTD 2025 | 3,000 |
| LOM (yrs) | 10+ |
| NAV (C$ mln) | 16.2 |
| IRR (at $45/oz) | 24% |
| STATUS | Restructuring |
Gold Mountain, Elk Gold – British Columbia, Canada