WestMountain Index Advisor Inc. said Friday it has begun a drilling program at its flagship Bonanza Terra Gold Project, which has the potential to produce more than one million ounces of gold, in Alaska.

"We are excited to commence drilling at our Terra project, which has the potential to produce more than one million ounces of gold," said Greg Schifrin, chief executive. "We look forward to a successful summer season, with a focus on near-term production and expansion of our resource over time."

The program will target the north extension of the Ben Vein system previously drilled by AngloGold Ashanti in 2005 and International Tower Hill in the follow two years.

Gold Gold Gold