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Black Mammoth Metals Options Callaghan Gold Property in Central Nevada
Black Mammoth Metals Options Callaghan Gold Property in Central Nevada Canada NewsWire ...
About this update from Black Mammoth Metals Corporation
[{"type":"text","content":"\n\n\n\n Black Mammoth Metals Options Callaghan Gold Property in Central 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.prnml40{\nMARGIN-LEFT:3.33em !IMPORTANT\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n No.24-12\n \n\n\n BMM: TSX-V\n \n\n\n\n\n VANCOUVER, BC\n \n\n ,\n \n\n Aug. 2, 2024\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 an option agreement (the \"Option Agreement\") dated July 17, 2024, with a private vendor (the \"Vendor\") to earn a 100% interest in the Callaghan gold property (the \"Callaghan Property\" or the \"Property\"), located 24 kms NE of\n \n Austin, Nevada\n \n (see fig.1). The Company has completed a sampling program and due diligence work and has expanded the Callaghan Property through additional staking, completed on\n \n July 31, 2024\n \n .\n \n\n The Callaghan Property now consists of 45 Federal lode mining claims (930 acres, 376 hectares) on BLM land and is situated on the eastern flank of the northern Toiyabe Range,\n \n Lander County, Nevada\n \n . It is located along the 120-kilometer\n \n Austin\n \n -\n \n Tonopah\n \n trend of gold occurrences, deposits and mines that include\n \n Quito\n \n ,\n \n Round Mountain\n \n , and Northumberland, and is considered prospective for\n \n Carlin\n \n -type gold mineralization. The Company's\n \n Quito\n \n property is a past-producing mine on this trend.\n \n\n The Callaghan Property is located within an erosional window (the Callaghan Window) that exposes highly prospective Lower Plate Paleozoic sedimentary rocks, which on the Property have been strongly altered by gold, arsenic, antimony and mercury-bearing hydrothermal fluids. The Callaghan Property contains near-surface gold mineralization in several historic drill holes at the Cottonwood Canyon area, with historic reports estimating approximately 50,000 oz @ 0.5 g/t, hosted in Upper Plate Paleozoic sedim...