WestMountain Gold | About the Company
WestMountain Gold owns and operates the Terra Gold Project in Alaska – a promising gold and silver project
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Located 130 miles west-northwest of Anchorage, Alaska with 344 Mining Claims over ~55,000 acres
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Situated along the Tintina Gold Belt where large mineral resources have been discovered and are being mined
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Gold and silver is in the form of electrum and is concentrated in narrow vertical veins of quartz located on the property
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Currently permitted for advanced exploration, with bulk sampling operations providing potential for cash flow during exploration program
NI 43-101 indicated & inferred resource estimate of 703k oz Au (at 11.30 g/t) and 949k oz Ag (at 15.30 g/t) (non-SEC standards)
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>4,500 ounces of gold extracted through 2020, from ~3,000 tonnes processed – representing grade of ~46 g/t Au
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Drilled 74 holes / 15,392 m on four claims – representing a fraction of the potential gold and silver resources on property
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Existing infrastructure in place for continued exploration
Other identified locations on the property show significant potential for mineralization
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In addition to holes drilled, over 2,000 surface samples assayed
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Additional exploration techniques included magnetic surveying, induced polarization studies (IP), very-low frequency radio wave analysis (VLF), LiDAR, high-resolution aerial photography, and geological mapping in broader claims area indicate mineralization across the property
Ideal mining location with “Green Gold” operations leaving minimal environmental impact
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No international currency or political risk; no fish or wildlife issues; no Native land-claim, NIMBYism, wetlands or environmental issues
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No Federal mining permits required - US Army Corp of Engineers - Jurisdictional Determined
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Current operations use traditional mining methods; crushing rocks and flushing with water – the output of which is gold and silver, water and rock
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Water and rock ultimately go back into the ground