Kevin Smith, President and CEO of Gold Mountain Mining (TSX.V:GMTN – OTCQB:GMTNF) joins me to recap news released on June 17th outlining a Letter of Intent with New Gold to increase the tonnage limit in the Ore Purchase Agreement. We focus on how this continues to help Gold Mountain increase its production while keeping costs low. The LoI allows Gold Mountain to increase the tonnage delivered 5 times to 350,000 tonnes from 70,000. This increase will all happen in year 4 of production at the Elk Gold Mine. We also recap the revenue arrangement of the deal and the exploration that is ongoing.

If you have any follow up questions for Kevin, please email me at Fleck@kereport.com.

Click here to read over the full news release outlining the increase in the tonnage limit.