-
Australia's Green becomes most expensive overseas buy in IPL history
-
VW stops production at German site for first time
-
Man City star Doku sidelined until new year
-
Rome's new Colosseum station reveals ancient treasures
-
EU eases 2035 combustion-engine ban to boost car industry
-
'Immense' collection of dinosaur footprints found in Italy
-
US unemployment rises further, hovering at highest since 2021
-
Senators grill Trump officials on US alleged drug boat strikes
-
Filmmaker Rob Reiner's son to be formally charged with parents' murder
-
Shift in battle to tackle teens trapped in Marseille drug 'slavery'
-
Stocks retreat on US jobs, oil drops on Ukraine hopes
-
Manchester United 'wanted me to leave', claims Fernandes
-
Serbian President blames 'witch hunt' for ditched Kushner hotel plan
-
Man who hit Liverpool parade jailed for over 21 years
-
Sahel juntas would have welcomed a coup in Benin: analysts
-
PSG ordered to pay around 60mn euros to Mbappe in wage dispute
-
BBC says will fight Trump's $10 bn defamation lawsuit
-
Stocks retreat ahead of US jobs, oil drops on Ukraine hopes
-
Suicide bomber kills five soldiers in northeast Nigeria: sources
-
EU set to drop 2035 combustion-engine ban to boost car industry
-
Australia's Green sold for record 252 mn rupees in IPL auction
-
Elusive December sun leaves Stockholm in the dark
-
Brendan Rodgers joins Saudi club Al Qadsiah
-
Thailand says Cambodia must announce ceasefire 'first' to stop fighting
-
M23 militia says to pull out of key DR Congo city at US's request
-
Thousands of glaciers to melt each year by mid-century: study
-
China to impose anti-dumping duties on EU pork for five years
-
Nepal starts tiger census to track recovery
-
Economic losses from natural disasters down by a third in 2025: Swiss Re
-
Indonesians reeling from flood devastation plea for global help
-
Timeline: How the Bondi Beach mass shooting unfolded
-
On the campaign trail in a tug-of-war Myanmar town
-
Bondi Beach suspect visited Philippines on Indian passport
-
Kenyan girls still afflicted by genital mutilation years after ban
-
Djokovic to warm up for Australian Open in Adelaide
-
Man bailed for fire protest on track at Hong Kong's richest horse race
-
Men's ATP tennis to apply extreme heat rule from 2026
-
Cunningham leads Pistons past Celtics, Nuggets outlast Rockets
-
10-year-old girl, Holocaust survivors among Bondi Beach dead
-
Steelers edge towards NFL playoffs as Dolphins eliminated
-
Australian PM says 'Islamic State ideology' drove Bondi Beach gunmen
-
Canada plow-maker can't clear path through Trump tariffs
-
Bank of Japan expected to hike rates to 30-year high
-
Cunningham leads Pistons past Celtics
-
Stokes tells England to 'show a bit of dog' in must-win Adelaide Test
-
EU to unveil plan to tackle housing crisis
-
EU set to scrap 2035 combustion-engine ban in car industry boost
-
Australian PM visits Bondi Beach hero in hospital
-
'Easiest scam in the world': Musicians sound alarm over AI impersonators
-
'Waiting to die': the dirty business of recycling in Vietnam
| CMSC | 0.21% | 23.35 | $ | |
| SCS | 0.12% | 16.14 | $ | |
| CMSD | -0.06% | 23.35 | $ | |
| BCC | 1.59% | 76.545 | $ | |
| NGG | -0.71% | 75.492 | $ | |
| RIO | 0.43% | 76.15 | $ | |
| BTI | -0.48% | 57.465 | $ | |
| RYCEF | -1.71% | 14.65 | $ | |
| GSK | -0.65% | 48.92 | $ | |
| AZN | -0.83% | 90.805 | $ | |
| RBGPF | 4.1% | 81 | $ | |
| VOD | 0.17% | 12.721 | $ | |
| RELX | -0.44% | 40.9 | $ | |
| BP | -3.59% | 34.03 | $ | |
| JRI | -0.17% | 13.537 | $ | |
| BCE | -0.25% | 23.55 | $ |
Brookmount Gold Announces Strong Gold Production Metrics for the Past Month
RENO, NEVADA / ACCESS Newswire / June 5, 2025 / Brookmount Gold (sic: Brookmount Explorations, Inc.) (OTC:"BMXI"), a gold exploration and production company, is pleased to announce encouraging growth in its production levels over the past 30 days in its Indonesian mining operations. The Company has been steadily increasing its mining group over the past month and is in line to achieve its targeted workforce of 100 miners by the end of June, as outlined in our April 29 release. From May 5 to June 5 the operation completed 7 production cycles, processing a total of 52 tonnes of ore and producing 1.5 kg (approx. 54 oz) of gold, at an average per processing yield per run of 216 grams (approx..7.7oz) . To date, the Company has been operating and expanding only one main vertical shaft which has been extended to a depth of 70 meters, and is constructing 2 additional (in addition to its existing one), horizontal shafts for a total of 3. From July, mining operations will be expanded to a further, existing shaft location adjacent to the current operation. This location has been developed around a pre excavated horizontal entrance tunnel in a hillside with 3 vertical shafts running off the access tunnel which has been carved from solid rock. The site has been fully prepped and new lift systems are being installed in the vertical shafts. This new shaft location was successfully operated by previous management and is expected to make a valuable contribution of over 50% of our total production volume in the 2nd half of 2025.
The encouraging results from our mining operations over the past month, together with our planned expansion, will put the Company on track to achieve our goal of meeting and eventually exceeding the production and financial results the Company has shown in the years prior to our acquisition of full control in 2025.
About Brookmount Gold
Founded in 2018, Brookmount Gold is a high-growth gold-producing company quoted on OTC Markets in the United States (OTC: BMXI). With operating gold mines in Southeast Asia and exploration and production assets in North America, the company is focused on acquiring and developing high-quality gold assets with JORC/NI 43-101 verified resources.
Safe Harbor Statements:
Except for the historical information contained herein, certain of the matters discussed in this communication constitute "forward-looking statements" within the meaning of the Securities Litigation Reform Act of 1995. Words such as "may," "might," "will," "should," "could," "anticipate," "estimate," "expect," "predict," "project," "future," "potential," "intend," "seek to," "plan," "assume," "believe," "target," "forecast," "goal," "objective," "continue" or the negative of such terms or other variations thereof and words and terms of similar substance used in connection with any discussion of future plans, actions, or events identify forward-looking statements. These forward-looking statements include, but are not limited to, statements regarding benefits of the proposed license, expected synergies, anticipated future financial and operating performance and results, including estimates of growth. There are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements included in this communication. For example, the expected timing and likelihood of completion of the pending transaction, including the timing, receipt and terms and conditions of any required governmental and regulatory approvals of the pending transaction that could reduce anticipated benefits or cause the parties to abandon the transaction, the ability to successfully integrate the businesses, the occurrence of any event, change or other circumstance that could give rise to the termination of the negotiations, the risk that the parties may not be able to satisfy the conditions to the proposed transaction in a timely manner or at all, risks related to disruption of management time from ongoing business operations due to the proposed transaction, the risk that any announcements relating to the proposed transaction could have adverse effects on the market price of Brookmount's common stock. All such factors are difficult to predict and are beyond our control. We disclaim and do not undertake any obligation to update or revise any forward-looking statement in this report, except as required by applicable law or regulations.
Investor Relations Contact: [email protected] or 410 825 3930
Website: https://www.brookmountgold.com
Corporate Contact:
[email protected]
Social Links: Brookmount Gold X (Formerly Twitter);
https://x.com/brookmountgold
SOURCE: Brookmount Explorations, Inc.
View the original press release on ACCESS Newswire
L.Harper--AMWN