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Stock Quote: CSE: MGM Last: 0.05Change: 0.005 Date: 2015-08-31
Corporate Summary

Montana Gold Mining Company Inc. ("MGM" or the "Company") owns 100% of two gold exploration projects located in the states of Nevada and Montana.

Golden Trail Property, Elko County, Nevada is situated on the North Eastern Nevada Gold Trend (also called the Pequop Gold Trend), a recently identified major gold trend in north-eastern Nevada that in 2011 saw Newmont Mining Company (“Newmont”) take over the former owner of the Long Canyon property, 52 miles south of the Golden Trail for a reported $US2.3 Billion. 

Subsequent to Newmont’s acquisition of Long Canyon, Newmont completely surrounded the Golden Trail by staking 211 mineral claims totaling some 4,300 acres. Also on the North Eastern Nevada Gold Trend, Pilot Gold has made a significant discovery at Mount Kinsley which is 50 miles south of Long Canyon.

Golden TrailThe Golden Trail is comprised of 16 unpatented contiguous mining claims that total about 320 acres. Approximately $1,425,000 has been spent in surface exploration on the Golden Trail to date by the Company.  The largest identified vein, the Golden Trail Vein (GTV), is over 1,200 meters long, and has an associated alteration zone that averages about 30 meters wide.  Gold values above 20 ppb are common within the zone and several samples above 9 grams have been taken in the central GTV area including one rock chip sample of decalcified limestone that contained over 28 grams gold.

In late 2013 the Company completed surface geochemical surveys on the main GTV.  Continuous 5 foot trench samples returned 13.7 grams gold with 36.2 grams silver in one 5 foot trench, and 3.49 grams gold with 105 grams silver in a second 5 foot trench.

In May, 2015 the Geological Society of Nevada Symposium 2015 Published a Paper on the Golden Trail Property Under Carlin-type Deposits Section Titled  "Gold Mineralization at the Golden Trail Project, Northeastern Elko County, Nevada, R. Capps, P. Noble, and C. Jorgensen"

Refer to Golden Trail Property, Nevada for a further project description and links to an NI 43-101 technical report filed on the property.

Newmont Has Surrounded the Golden Trail
Golden Trail Claims Have Been Surrounded by Newmont

Silver Bell - St. Lawrence Property, Virginia City Mining District, Montana hosts two past producing gold mines (the Silver Bell and the St. Lawrence) that operated in the early 1900's and again in the 1970's at the St. Lawrence. The historic shafts for each were located approximately 3,600 feet apart and the two mines were originally held by different owners. Exploration is focused on the possibility that the two mineralized systems from each mine could be related or lie along the same vein system. During 2011 a geophysical survey and additional claim staking was completed. Geological mapping and a geochemical survey was initiated and is ongoing. The project is drill ready and an updated 43-101 Technical Report was published in July, 2012. Refer to Silver Bell - St. Lawrence Property, Montana for the project description and technical data.

MGM is guided by a seasoned board of directors and management team with considerable experience in the exploration and development of mineral projects. Refer to MGM Directors & Management.

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