GoldMountaion Explorations (fka GMEX)

[wittke]

Press Release Source: GoldMountain Explorations


GoldMountain Corporate Office Update
Wednesday October 3, 4:01 pm ET


TORONTO--(MARKET WIRE)--Oct 3, 2007 -- GoldMountain Exploration (OTC BB:GMEX.OB - News) (Frankfurt:F2B.F - News) ("GoldMountain" or the "Company") would like to update shareholders on the new company head office, phone number, and company website.
The new company website can be found at www.GoldMountainCorp.com. Included on the new site is a group of new magnetic resonance images from the Yoquivo Gold-Silver Project, Chihuahua State, Mexico. As of September 2007, the company's corporate office is now located at First Canadian Place, 100 King Street West, Suite 5700, M5X 1K7. The new contact number for the company is [phone] and the fax number is [phone].

GoldMountain has now completed its US $600,000 year 1 exploration commitment on Yoquivo with Joint Venture partner West Timmins Mining (Toronto:WTM.TO - News), as well as its year two property payment of $150,000. The company has committed to spending US $1,000,000 within 24 months of entering into the JV agreement, and with current results positive to date, the company is looking forward to completing the current 3000 m drill program.

ABOUT THE COMPANY:

GoldMountain's corporate website can be found at www.GoldMountainCorp.com. Details of the Yoquivo Au-Ag Property can be found under the Projects section of the website. A detailed PowerPoint presentation is also available on the company home page under the Quick Link section. Shareholders are advised to sign up to the company e-mail distribution list in order to stay up to date with company developments.

GoldMountain Explorations ("GoldMountain") (OTC BB:GMEX.OB - News) is a mineral exploration company focused on Gold-Silver exploration in the Sierra Madre Occidental Gold-Silver Province of Mexico. The Sierra Madre Occidental Gold Province is the primary gold/silver trend in Mexico. GoldMountain has entered into a 50/50 joint venture with West Timmins Mining Inc on the 2500 hectare Yoquivo Au-Ag Property in the Yoquivo District, Chihuahua State, Mexico.