Mr. Dustin Henderson reports

BLACK MAMMOTH METALS APPOINTS CHRIS FOSTER AS A DIRECTOR AND APPLIES FOR A LISTING IN THE US

Black Mammoth Metals Corp. has appointed Chris Foster as a director of the board.

Mr. Foster is a chartered professional accountant (CPA, CGA) with over 20 years of experience working with public companies in a variety of sectors. He currently provides chief financial officer services to reporting issuers working in the mineral resource and high-tech sectors, and also provides financial reporting consultancy services to numerous public companies in varying industries on Canadian exchanges. Mr. Foster is the current chief financial officer for Spark Energy Minerals Inc. and DGTL Holdings Inc., former chief financial officer for Perpetua Resources Corp., former controller for the Ivanhoe Group's Global Mining Management Corp. and Peregrine Diamonds Ltd., former controller for Roca Mines Inc. and former accountant at Canadian Forest Products Ltd.

Potential U.S. exchange listing

Black Mammoth is also pleased to report that it has applied for a listing on a U.S. stock exchange. The company is currently working through the application process; however, there can be no assurance that the application will be accepted or approved, or as to the timing of any such approval. If the potential U.S. listing is approved by the applicable U.S. exchange, the commencement date of trading and trading symbol will be announced by the company. The company does not intend to alter its Canadian listing in connection with the potential U.S. listing.

The company does not intend to consolidate its share capital or use American depositary receipts (ADRs) in connection with the potential U.S. listing.

About Black Mammoth Metals Corp.

Since January, 2024, Black Mammoth Metals has acquired a 100-per-cent interest in 28 core properties:

• Mineral Mountain, Washington county, Utah;
• Antelope gold property, White Pine county, Nevada;
• 305 property, Lander county, Nevada;
• Cupz gold property, Esmeralda county, Nevada;
• 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 (Ag (silver), Pb (lead), Zn (zinc), Sb (antimony))), Elko county, Nevada;
• Clover high-grade gold property, Elko county, Nevada;
• Leadore silver-lead-rare-earth elements 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 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 northeast-trending regional Blanco shear zone.

Qualified person

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

We seek Safe Harbor.