Mr. Dustin Henderson reports

BLACK MAMMOTH METALS FINDS EXTENSIVE IP ZONE AT CUPZ GOLD PROPERTY, NV

Black Mammoth Metals Corp. has released the results of a pole-dipole induced polarization (IP) survey with inversion model at the company's 100-per-cent-owned Cupz gold property. The company has also staked 33 federal lode claims on lands administered by the Bureau of Land Management (BLM) covering 275 hectares (681 acres). Cupz is accessed using a well-maintained county road and is located in the southern Walker Lane mineral belt within the Goldfield Hills in the historic Cuprite district, 22 kilometrs (km) southwest of Goldfield, Nev.

The objective of the IP survey was to investigate a gravity anomaly that may be caused by potentially dropped down and preserved volcanic-hosted gold mineralization within the pediment. The near-surface rocks and alteration features exhibit significant silicification related to mafic/lamprophyre and felsic intrusive rocks (rhyolites). There is a known gold mineralized zone situated along a northwest-trending gravity low, which terminates abruptly at the north-northeast-trending range-front fault where the bedrock is subsequently overlain by alluvium. The east-west IP lines were spaced 200 metres (m) apart.

The IP survey results confirm a target area where significant overlapping resistivity and chargeability anomalies are situated within the gravity low area and along the extension of the northwest-trending gold zone in the pediment.

The area of intersection between the gold zone and the range-front fault is also of particular importance.

In addition to gold mineralization on the property, silver, copper and lead rock chip sample assay values are significant with arsenic and antimony as pathfinder mineralization, also located along the gold zone. There is thought to be two overlapping mineralizing events at Cupz with gold and copper predominantly associated with the felsic dikes and a base metal dominant event postdating the felsic dikes.

The company continues to refine drill targets at Cupz, which may include other work-up activities.

Acquisition terms (in U.S. dollars)

A finder's fee of $12,000 (U.S.) was paid to a private vendor. The company owns Cupz 100 per cent with no royalties, share compensation or other terms in connection with the acquisition.

Black Mammoth continues to acquire non-core exploration interests in the Western United States, by purchase or staking.

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.

Black Mammoth also has a 100-per-cent interest in the Blanco Creek gold property in the Elk Creek mining district, central Idaho, which hosts three historic underground mines along 3,550 metres (11,644 feet) of strike on the north-east-trending regional Blanco shear zone.

Mark J. Abrams, CPG No. 11451, a qualified person as defined under National Instrument 43-101, Standards of Disclosure for Mineral Projects, and director of Black Mammoth, has reviewed and approved the technical content in this news release.

We seek Safe Harbor.