Mr. Dustin Henderson reports

BLACK MAMMOTH METALS GRANTS INCENTIVE OPTIONS

Black Mammoth Metals Corp. has granted incentive stock options to three consultants to purchase an aggregate of 250,000 common shares at a price of $5.51 per share for a five-year period, in accordance with its stock option plan. Included in this option grant are 200,000 options for the company's exploration manager, who is a deemed insider of the company. The options will vest 30 per cent after year 1, 30 per cent after year 2 and 40 per cent after year 3.

About Black Mammoth Metals Corp.

Since January, 2024, Black Mammoth Metals has acquired a 100-per-cent interest in:

• West Reveille silver property, Nye county, Nevada;
• Tom's Pediment gold-silver property, Lander county, Nevada;
• Mustang gold-silver property, Nye county, Nevada;
• Ramsey silver property, La Paz county, Arizona;
• Gallinas rare earth property, Lincoln county, New Mexico;
• Amador silver property, Lander county, Nevada;
• Big Bear copper property, Gila county, Arizona;
• Zulu gold property, Gila county, Arizona;
• Northern Star property, La Paz county, Arizona;
• Coal Canyon gold property, Pershing county, Nevada;
• Island Mountain gold district (including Coleman Canyon, St. Elmo and Diamond Jim (silver (Ag), lead (Pb), zinc ((Zn), antimony (Sb))), Elko county, Nevada;
• Clover high-grade gold property, Elko county, Nevada;
• Leadore silver-lead-rare-earth-element property, Lemhi county, Idaho;
• East Reveille gold property, Nye county, Nevada;
• America Mine gold property, San Bernardino, Calif.;
• Quito gold property, Lander county, Nevada;
• South Ravenswood gold district (including the Raven and Happy Cat properties), Lander county, Nevada (Happy Cat was purchased prior to January, 2024.);
• Callaghan gold district (including the North Callaghan, Charlie, Cottonwood and Rast properties), Lander county, Nevada.

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