on Gold Mountain Mining Corp (isin : CA38065L1058)
Gold Mountain Reports Decline in Q2 2025 Financial Results
Gold Mountain Mining Corp. (TSX:GMTN) disclosed financial and operational results for Q2 2025. The company reported gold sales of 114 ounces from 3,877 tonnes of ore, generating $105,012 in revenue. However, a mine operating loss of $1.17 million and a net loss of $2.17 million were recorded. Q2 2025 saw significant decreases from Q2 2024 in ore mining and revenue, with the latter dropping from $2.2 million.
The ore delivered for processing in Q2 2025 averaged a grade of 1.25 g/t, leading to gold sales well below Q2 2024 figures. The strip ratio improved to 22.8 from 71.8, attributed to targeted mining methodologies that reduced dilution and losses.
The company highlighted strategic collaborations and debt restructuring with its partner, Nhwelmen Construction Limited Partnership. An operational funding agreement worth $6.5 million was secured to support future activities. Plans for Q3 2025 include refining operational strategies to enhance production efficiency.
R. E.
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