Black Mammoth Metals Acquires Tom's Pediment Gold-Silver Property, NV and Finds Geophysical Target
BMM: TSX-V
IP Results:
The IP results confirm a target area at Tom where the chargeability high covers 2.3 square km approximately (open NW) and is coincident with a prominent gravity high and a resistivity high. The inversion model's 250-400m chargeability depth slice with the gravity high is shown below in Figure 1, with the inversion model's resistivity high with gravity high shown in Figure 2. The east-west IP lines (6) were spaced from 200 to 800m.
The Tom geophysical target is interpreted as down-dropped host lithologies in the pediment that correspond to the SE extension of the Skookum Trend with known gold, silver and copper mineralization in the South Ravenswood mountain range. The Skookum Trend area is adjacent to the Property, near the historic
Based on the known alteration and mineralization styles in the South Ravenswood mountain range, the Company will evaluate the IP-anomalous gravity anomalies in the pediment with exploration models which include detached and down-dropped, as well as potentially epithermal-type, mineralization zones distal and higher-level to the exposed intrusive mineralization roots.
Exploration Status:
The geophysical target at Tom is ready for drill testing after a BLM Notice of Intent is complete.
Acquisition Terms (USD):
The Company owns Tom's Pediment property 100% with no finder's fees, royalties, share compensation or other terms in connection with the acquisition.
The Company continues to acquire non-core exploration interests in the western US, by purchase or staking.
About
Since
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Mustang
Gold-Silver property, Nye County, NV. -
Ramsey Silver property, La Paz County, AZ. - Gallinas Rare Earth property, Lincoln County, NM.
-
Amador Silver property, Lander County, NV. -
Big
Bear Copper property, Gila County, AZ. -
Zulu Gold property,Gila County, AZ. -
Northern Star property,La Paz County, AZ. -
Coal
Canyon Gold property, Pershing County, NV. -
Island Mountain Gold District (includingColeman Canyon ,St. Elmo andDiamond Jim (Ag, Pb, Zn, Sb)),Elko County, NV. -
Clover High-Grade Gold property,Elko County, NV. -
Leadore Silver-Lead-Rare Earth Elements property,
Lemhi County, ID. -
East Reveille Gold property,
Nye County, NV. -
America
Mine Gold property,San Bernardino, CA. -
Quito Gold property,Lander County, NV . -
South Ravenswood Gold District (including the Raven, and
Happy Cat properties)Lander County, NV. (Happy Cat was purchased prior to January 2024). -
Callaghan Gold District (including North Callaghan, Charlie, Cottonwood and Rast properties),Lander County, NV.
Black Mammoth also has a 100% interest in the
"Dustin Henderson"
President & CEO
Website: www.blackmammothmetals.com
This press release contains forward-looking statements and forward-looking information (collectively, "forward looking statements") within the meaning of applicable securities laws. All statements, other than statements of historical fact, included herein are forward-looking statements. Forward-looking statements are typically identified by words such as believe, expect, anticipate, intend, estimate, postulate and similar expressions or are those which, by their nature, refer to future events. Although the Company believes that such statements are reasonable, there can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future performance, and that actual results may differ materially from those in forward-looking statements. Trading in the securities of the Company should be considered highly speculative. All the Company's public disclosure filings may be accessed via www.sedarplus.ca and readers are urged to review these materials, including any technical reports filed or disclosed on the Company's website related to the Company's mineral properties.
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