Gold Mountain - GMN (ASX) News & Expert Insights from Stockhead

Gold Mountain (ASX:GMN) is a mineral explorer with projects based in Brazil and Papua New Guinea (PNG). These assets, which are highly prospective for a range of metals including lithium, copper and gold, are now actively being explored.

Gold Mountain has gradually diversified its project portfolio. The Company has a 75% holding in a package of highly prospective lithium licenses located within the eastern Brazilian lithium belt, spread over parts of the Borborema Province and São Francisco craton in north-eastern Brazil. More recently, Gold Mountain announced plans to acquire a 75% interest in a package of seven highly prospective lithium exploration licenses located in the Salinas II Project area in eastern Brazil.

In PNG, Gold Mountain is exploring the Wabag Project, which covers approximately 950km2 of highly prospective exploration ground in the Papuan Mobile belt. This project contains three targets, Mt Wipi, Monoyal and Sak Creek, all lying within a northwest-southeast striking structural corridor. The three prospects have significant potential to host a porphyry copper-gold-molybdenum system and, or a copper-gold skarn system. Gold Mountain’s current focus is Mt Wipi, which has been subjected to several phases of exploration, and the potential to host a significant copper-gold deposit is high. The current secondary targets are, in order of priority, Monoyal and Sak Creek.

KEY PEOPLE

Tim Cameron is an experienced mining executive with sound leadership, technical, corporate and financial skills – underpinned by a reputation for innovation, integrity and determination. His expertise encompasses strategic direction, acquisitions, and business and project management. With experience in both domestic (Australia) and international (North America and Asia) operations, he has played an integral part in several successful open cut mining and exploration operations (Greenfield and Brownfield) as well as other high growth companies; both from an owner-operator and contractors’ perspective.

Syed Hizam holds a Bachelor’s Degree in Finance and Economics from the San Jose State University in California, and is the accomplished Group CFO of Cahya Mata Sarawak, a public listed company in Malaysia. Prior to this, he worked in various leadership positions in the Education, Textile, Semiconductor and Satellite industry’s in Australia and the United States.

A professional engineer with 20 years of management experience, Pay Chuan Lim serves as Managing Director and Group CEO of PESTECH International Berhad and is a certified professional of the Project Management Institute. His experience and knowledge has also seen him appointed as a Member of the Board of Engineers Malaysia and an ASEAN Chartered Professional Engineer.

With extensive experience in the areas of capital markets, risk management, compliance, corporate governance and mineral exploration, Steven currently holds the role of Director- Capital Markets at AIMS Financial Group, a diversified financial services and investment group. He has previously held senior stockbroking and investment banking positions at Commonwealth Bank of Australia, Bell Potter and Goldman Sachs JBWere. He has also served as the Chief Executive Officer of High Peak Royalties (ASX:HPR), an oil and gas royalties company.

Mr Smith is a Chartered Secretary who holds a BA, is a fellow member of the Governance Institute of Australia, and has in excess of 13 years primary and secondary capital markets expertise. Mr Smith is currently a Director and Company Secretary of several AIM-listed, and ASX-listed companies, including Europa Metals Limited and Lachlan Star Limited, and is also the Company Secretary of Vonex Ltd.