Gold Mountain Limited (ASX: GMN) is an Australian, publicly listed company exploring for world class, porphyry copper-gold-molybdenum deposits in the highly prospective Papuan Mobile Belt (PMB) in Papua New Guinea. GMN’s flagship Wabag Project has three priority targets all of which were previously covered by BHP tenement applications: Target 1 - Monoyal - Porphyry Copper, Gold and Molybdenum Target Wide intercepts of copper and molybdenum identified in drill holes Mineralisation covers a 1km long by 800m wide area Recent outcrop sampling extends area of known mineralisation to the North West Target 2 - Mt Wipi - Porphyry Copper, Gold and Skarn targets GMN has targeted the Mt Wipi area which is considered to be highly prospective, it is located along the same structural trend as both the Monoyal and Sak Creek targets High grade copper assays were obtained from outcrops along a creek system Target 3 - Sak Creek - Porphyry Copper and Gold Target Large copper in soil anomaly – covers 800m long by 500m wide area Alternation characteristics of typical porphyry deposits High grade copper / gold and lead – zinc mineralisation identified in shears which is indicative of being at the upper levels of a porphyry system