Gold Mountain Ltd (ASX:GMN) Quarterly Activities Report
ASX:GMN) advises its activities during the January to March 2021 Quarter.
Wabag Project PNG
Assay results for MCD008, which was drilled to a depth of 684.30m into a large low-grade porphyry system were received in the March Quarter with a very wide intercept of 239m grading at 0.10% Cu and 88ppm Mo, with spot highs of 0.32% Cu, 3,000 ppm Mo and 1.68 g/t Au was recorded in the hole.
Anomalous molybdenum (Mo) values are present to the end of the hole with the last 94m (From 589m to 684m) of MCD008 grading 133ppm Mo.