Strategic Acquisitions During Economic Downturn:

  • Recent acquisition of 3 past producing mines and processing facility
    Lexington, Golden Crown & May Mac Mines
  • 2 of the 3 operating mines closed due to 2008 economic downturn
  • Golden Dawn acquired assets at pennies on the dollar

A Near Term Gold Producer:

  • With low capex and improved metal prices new 2017 PEA shows very positive economics to restart mines and mill
  • Permits now in place to re-start first of three mines: Lexington Mine and Greenwood Mill

Further Acquisition For Long Term Sustainability:

  • Company acquires large land package adjacent to mines (Phoenix property)
  • Phoenix property contains +30 past producing mines including the major Phoenix mine which produced 500 million lbs copper and 1 million ozs gold. The mine closed in 1978
  • Company plans to utilize new technology and fly deep penetration airborne geophysics to look for possible deep seated feeder systems to the numerous historic mines.
  • GOM is now 2nd largest landholder in prolific Greenwood mining camp next to Kinross Gold, the 5th largest gold producer in the world

View Latest Rock Sample Results Map
Up To 1700 G/T Silver And Up To 85 G/T Gold

Our Projects

Lexington Mine

The Company is planning to commence dewatering of the Lexington mine shortly, after which material extraction from mine will commence and material will be processed at the Greenwood mill.

Golden Crown Mine

 

The Company has now received a 10,000 meter drill permit for the high grade Golden Crown gold mine and anticipates to commence drilling shortly.

 

 

May Mac Mine

The Company is awaiting a permit to extend the No.7 level along the Skomac vein a further 200 meters. Material from the level extension will then be sent to the Greenwood mill for processing.

 

Greenwood Mill

The Greenwood Processing Plant is now fully permitted to receive material from the Lexington Mine.

3  Mines and a Mill

The company now has a distinct economic advantage with potential feed material from the Lexington, Golden Crown and  May Mac mines to be delivered to its nearby Processing Plant.

Further Upside Potential

New airborne deep penetration geophysics is to be used to search for possible deep seated intrusive sources for the +30 historic mines as well as the major past producing Phoenix mine.