01:34:45 EDT Fri 03 May 2024
Enter Symbol
or Name
USA
CA



Black Mammoth Metals Corp
Symbol BMM
Shares Issued 15,876,871
Close 2023-09-15 C$ 0.145
Market Cap C$ 2,302,146
Recent Sedar Documents

Black Mammoth Metals appoints Lalach as director

2023-09-20 11:51 ET - News Release

Mr. Dustin Henderson reports

BLACK MAMMOTH METALS APPOINTS HARVEY LALACH AS DIRECTOR

Black Mammoth Metals Corp. has appointed Harvey Lalach to the board of directors and to the audit committee.

Mr. Lalach is a senior management executive with experience across diverse business sectors and organizations, including mineral exploration, ranging from start-ups to small cap in numerous private and public companies with over 28 years of administrative dealings with both Canadian and U.S. securities regulators. Areas of expertise include project management, operational management, budgeting, and reporting and analysis.

Peter Olander has resigned his position as director of the company to pursue other opportunities. The board of directors and management of Black Mammoth wishes Mr. Olander the very best with his future endeavours and express their appreciation for his contributions during his tenure as director of the company.

About Black Mammoth Metals Corp.

The company has completed a ground gravity survey that is now modelled and interpreted in conjunction with the recent UAV (unmanned aerial vehicle) magnetic survey at its 100-per-cent-owned, 1,213-hectare (2,997-acre) Happy Cat gold property in southern Ravenswood mining district, Lander county, Nevada.

An approximately four-square-kilometre area is identified as an area of hydrothermal alteration. Structural modelling suggests the numerous high-angle structures, along with the altered area's density contrast relative to the host rock, are typical of alteration zones present at other Carlin-type deposits in northern Nevada. The alteration encompasses an area where northerly trending high-angle faults intersect mapped northwest-trending, reactivated faults that are known to be of age and orientation as ore-controlling faults occurring at other Carlin-type deposits. The company is in the process of evaluating drill targets within this recently identified altered area.

Black Mammoth also has a 100-per-cent interest, subject to underlying royalties, in the Blanco Creek gold property in the Elk Creek mining district in central Idaho, which hosts three historic underground mines along 3,550 metres (11,644 feet) of strike on the northeast-trending regional Blanco shear zone. Exploration by two previous operators identified a geological target for the Blanco Creek property in the order of 1.7 million to 2.48 million tons, grading 0.20 to 0.33 ounce per ton gold (1.54 million to 2.24 million tonnes, grading 6.85 to 11.31 grams per tonne gold); see the company's press release dated Feb. 14, 2017.

Black Mammoth cautions investors to note the potential quantity and grade of the geological target are conceptual in nature. A qualified person has not completed sufficient work to classify the geological target as mineral resources as defined by National Instrument 43-101, and it is uncertain if future exploration will result in the target being delineated as mineral resources.

Mark J. Abrams, CPG No. 11451, non-independent qualified person as defined by NI 43-101 and director of Black Mammoth, has approved the technical information contained in this news release.

We seek Safe Harbor.

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