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Black Mammoth Metals Acquires Coleman Canyon Gold Property in Nevada
Black Mammoth Metals Acquires Coleman Canyon Gold Property in Nevada Canada NewsWire ...
About this update from Black Mammoth Metals Corporation
[{"type":"text","content":"\n\n\n\n Black Mammoth Metals Acquires Coleman Canyon Gold Property in Nevada\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntaj{\nTEXT-ALIGN: JUSTIFY\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n\n\n\n\n\n\n\n No.25-02\n \n\n\n BMM: TSX-V\n \n\n\n\n\n VANCOUVER, BC\n \n\n ,\n \n\n Jan. 7, 2025\n \n\n /CNW/ -\n \n Black Mammoth Metals Corporation\n \n (TSXV: BMM) (OTC: LQRCF)\n \n (\"Black Mammoth\" or the \"Company\")\n \n is pleased to announce that Antelope Creek Gold Corporation (\"Antelope Creek\"), a wholly owned subsidiary of Black Mammoth, has entered into a mineral lease purchase agreement (the \"Agreement\") dated\n \n January 3, 2025\n \n , with TUVERA Exploration Inc. (formerly ARNEVUT Resources Inc.) (the \"Vendor\") to acquire a 100% interest in 8 leased patented claims (the \"Leases\"). The Company has also recently staked 89 federal unpatented lode claims.\n \n\n\n Claims:\n \n\n\n The patented and unpatented claims total approximately 710 contiguous hectares (1756 acres) and is called the Coleman Canyon Gold property, formerly the Island Mountain property (\"Coleman Canyon\" or the \"Property\") located in\n \n Elko County\n \n ,\n \n NE Nevada\n \n , at the NE extent of the Jerritt Canyon Trend.\n \n\n\n Mineralization:\n \n\n\n\n Gold resource modelling was performed after the 2013 drilling season to incorporate all drilling up to that point (the \"Resource Model\").\n \n\n All known gold and silver mineralization are in the oxide zone.\n \n\n An interim NI 43-101 technical report was completed in 2015 (the \"Technical Report\").\n \n\n\n Gold mineralization in the indicated and inferred categories estimated in the Technical Report (the \"Mineralization\") is significant.\n \n\n\n The Resource Model in addition to the Mineralization, the geochemical data and the geophysical data suggest that the Mineralization has the potential to expand significantly.\n \n\n Silver mineralization, once fully modelled, will add to that overall potential. The silver–gold ratio is approximately 3 to 1.\n \n\n Extensive jasperoid zones along the carbonate rock cont...