Latest news with #BlackMammothMetalsCorporation
Cision Canada
3 days ago
- Business
- Cision Canada
Black Mammoth Metals Reports Rock Chip Sampling Results at Coal Canyon, NV
BMM: TSX-V VANCOUVER, BC, May 28, 2025 /CNW/ - Black Mammoth Metals Corporation (TSXV: BMM) (OTC: LQRCF) ("Black Mammoth" or the "Company") is pleased to report assay results from the recently completed rock chip sampling program conducted at its Coal Canyon Gold Project ("Coal Canyon" or the "Property") situated in Pershing County, Nevada and is located on the west side of the Humboldt Range, approximately 14 km southwest of the Rochester gold and silver deposit and 2 km south of the Willard Mine (see Figure 1). The Company began evaluating its Coal Canyon property after collecting 20 rock chip samples from roadcuts and other outcrops. The samples were submitted to ALS Chemex for Au-ICP21 and the ME-MS41 multi-element package to confirm historical sample results and assess the remaining gold potential on the Property. As a result, most rock samples had gold contents ranging from several tenths of a g/t up to 2.28 g/t, accompanied by strong trace element contents with As up to 7120 ppm, as well as Sb (100.5 ppm) and Se (44.7 ppm) (see Figures 2, 3 & 4). The altered and mineralized material appears to be exposed in a window of silicified carbonates of the Lower Plate and in adjacent intrusive (sills), with strong enrichment of iron oxides along the fractures; most of the area is covered by gravel or unmineralized shale of the Upper Plate (see Figure 5). Based on the results of the new rock samples and the extensive alteration and oxidation along the roadcuts, the Company is encouraged to initiate further exploration steps. Since additional gold mineralization potential is suspected under cover, the Company intends to conduct an induced polarization survey and detailed mapping. Previously Reported Highlights (Company's NR dated April 15, 2025): Multiple types of mineralization. Road cut sampling up to: 46m @ 0.76 g/t Au (oxide). An extensive soils grid shows strong silver and molybdenum values surrounding the gold mineralized zone. Existing drill permit with Bureau of Land Management needs change of operator. Drill roads and pads constructed. Quality Assurance/Quality Control: All sampling is conducted under the supervision of the Company's project geologists and the samples are taken to the ALS Laboratory (ALS) in Reno or Elko, Nevada for preparation and analysis. The ALS PREP-31 package is utilized for sample preparation. In this package, each sample is crushed to better than 70%, passing 2mm, then a 250-gram riffle split is then taken. This split is pulverized to a target of 85% passing 75microns; and a 30-gram portion of this pulverized split is digested by Four Acids and analyzed for gold by the Au-ICP 21 method, which is a Fire Assay, with an ICP-AES (Induced Coupled Plasma) finish. A 41-element suite is also run on the sample using the ALS ME-MS 41 multielement package. This method utilizes Aqua regia digestion followed by low detection ICP-MS (Induced Coupled Plasma) finish. ALS Laboratories have ISO 9001 and 17025 accreditations. Black Mammoth Metals Corp's QA/QC program includes regular insertion of CRM standards, duplicates and blanks into the sample stream with a stringent review of all results. ALS also undertakes their own internal coarse and pulp duplicate analysis to ensure proper sample preparation and equipment calibration. About Black Mammoth Metals Corporation: In the past 16 months, Black Mammoth Metals has acquired 100% interest in: Coal Canyon Gold property, Pershing County, NV, Island Mountain - district consolidated, Elko County, NV, Coleman Canyon Gold, St. Elmo High-Grade Gold and Diamond Jim Silver-Lead-Zinc-Antimony, 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 consolidated, Lander County NV, Raven, Happy Cat (purchased prior to 16 months ago), Callaghan Gold – district consolidated, Lander County NV, North Callaghan, Charlie, Cottonwood, Rast. Black Mammoth also has a 100% interest in the Blanco Creek Gold property in the Elk Creek Mining District, central Idaho, which hosts three historic underground mines along 3,550 meters (11,644 feet) of strike on the north-east trending regional Blanco Shear Zone. Mark J. Abrams, CPG #11451, a Qualified Person as defined under National Instrument 43-101 - Standards of Disclosure for Mineral Projects (" NI 43-101") and director of Black Mammoth, has reviewed and approved the technical content in this release. On behalf of the board, "Dustin Henderson" Dustin Henderson, BBA President & CEO 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, including statements regarding the Company's completion of the Transaction and related transactions 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. Important factors that could cause actual events and results to differ materially from the Company's expectations include that the requisite corporate and TSXV for the Transaction may not be obtained; that the Company or IDA Mining, as applicable, may be unable to satisfy any or all closing conditions necessary for the completion of the Transaction; and other risks that are customary to transactions of this nature. Trading in the securities of the Company should be considered highly speculative. All the Company's public disclosure filings may be accessed via and readers are urged to review these materials, including the latest technical reports filed with respect to the Company's mineral properties. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Yahoo
3 days ago
- Business
- Yahoo
Black Mammoth Metals Reports Rock Chip Sampling Results at Coal Canyon, NV
BMM: TSX-V VANCOUVER, BC, May 28, 2025 /CNW/ - Black Mammoth Metals Corporation (TSXV: BMM) (OTC: LQRCF) ("Black Mammoth" or the "Company") is pleased to report assay results from the recently completed rock chip sampling program conducted at its Coal Canyon Gold Project ("Coal Canyon" or the "Property") situated in Pershing County, Nevada and is located on the west side of the Humboldt Range, approximately 14 km southwest of the Rochester gold and silver deposit and 2 km south of the Willard Mine (see Figure 1). The Company began evaluating its Coal Canyon property after collecting 20 rock chip samples from roadcuts and other outcrops. The samples were submitted to ALS Chemex for Au-ICP21 and the ME-MS41 multi-element package to confirm historical sample results and assess the remaining gold potential on the Property. As a result, most rock samples had gold contents ranging from several tenths of a g/t up to 2.28 g/t, accompanied by strong trace element contents with As up to 7120 ppm, as well as Sb (100.5 ppm) and Se (44.7 ppm) (see Figures 2, 3 & 4). The altered and mineralized material appears to be exposed in a window of silicified carbonates of the Lower Plate and in adjacent intrusive (sills), with strong enrichment of iron oxides along the fractures; most of the area is covered by gravel or unmineralized shale of the Upper Plate (see Figure 5). Based on the results of the new rock samples and the extensive alteration and oxidation along the roadcuts, the Company is encouraged to initiate further exploration steps. Since additional gold mineralization potential is suspected under cover, the Company intends to conduct an induced polarization survey and detailed mapping. Previously Reported Highlights (Company's NR dated April 15, 2025): Multiple types of mineralization. Road cut sampling up to: 46m @ 0.76 g/t Au (oxide). An extensive soils grid shows strong silver and molybdenum values surrounding the gold mineralized zone. Existing drill permit with Bureau of Land Management needs change of operator. Drill roads and pads constructed. Quality Assurance/Quality Control: All sampling is conducted under the supervision of the Company's project geologists and the samples are taken to the ALS Laboratory (ALS) in Reno or Elko, Nevada for preparation and analysis. The ALS PREP-31 package is utilized for sample preparation. In this package, each sample is crushed to better than 70%, passing 2mm, then a 250-gram riffle split is then taken. This split is pulverized to a target of 85% passing 75microns; and a 30-gram portion of this pulverized split is digested by Four Acids and analyzed for gold by the Au-ICP 21 method, which is a Fire Assay, with an ICP-AES (Induced Coupled Plasma) finish. A 41-element suite is also run on the sample using the ALS ME-MS 41 multielement package. This method utilizes Aqua regia digestion followed by low detection ICP-MS (Induced Coupled Plasma) finish. ALS Laboratories have ISO 9001 and 17025 accreditations. Black Mammoth Metals Corp's QA/QC program includes regular insertion of CRM standards, duplicates and blanks into the sample stream with a stringent review of all results. ALS also undertakes their own internal coarse and pulp duplicate analysis to ensure proper sample preparation and equipment calibration. About Black Mammoth Metals Corporation: In the past 16 months, Black Mammoth Metals has acquired 100% interest in: Coal Canyon Gold property, Pershing County, NV, Island Mountain - district consolidated, Elko County, NV, Coleman Canyon Gold, St. Elmo High-Grade Gold and Diamond Jim Silver-Lead-Zinc-Antimony, 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 consolidated, Lander County NV, Raven, Happy Cat (purchased prior to 16 months ago), Callaghan Gold – district consolidated, Lander County NV, North Callaghan, Charlie, Cottonwood, Rast. Black Mammoth also has a 100% interest in the Blanco Creek Gold property in the Elk Creek Mining District, central Idaho, which hosts three historic underground mines along 3,550 meters (11,644 feet) of strike on the north-east trending regional Blanco Shear Zone. Mark J. Abrams, CPG #11451, a Qualified Person as defined under National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") and director of Black Mammoth, has reviewed and approved the technical content in this release. On behalf of the board, "Dustin Henderson" Dustin Henderson, BBA President & CEO 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, including statements regarding the Company's completion of the Transaction and related transactions 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. Important factors that could cause actual events and results to differ materially from the Company's expectations include that the requisite corporate and TSXV for the Transaction may not be obtained; that the Company or IDA Mining, as applicable, may be unable to satisfy any or all closing conditions necessary for the completion of the Transaction; and other risks that are customary to transactions of this nature. Trading in the securities of the Company should be considered highly speculative. All the Company's public disclosure filings may be accessed via and readers are urged to review these materials, including the latest technical reports filed with respect to the Company's mineral properties. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. 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Cision Canada
14-05-2025
- Business
- Cision Canada
Black Mammoth Metals Reports Drill Results at Callaghan Gold Property, NV
BMM: TSX-V VANCOUVER, BC, May 14, 2025 /CNW/ - Black Mammoth Metals Corporation (TSX-V: BMM / OTC: LQRCF) ("Black Mammoth" or the "Company") is pleased to report assay results from the recently completed Reverse Circulation (RC) and core drill program at its Cottonwood and Rast gold targets located in Lander County, Nevada. Both targets are on the Company's Callaghan property, which is situated on the eastern flank of the northern Toiyabe Range, approximately 21 kilometers to the northeast of the historic mining town of Austin (see Figure 1). The phase I drilling program totalling 1,393m is now complete. Cottonwood: The focus was to confirm and expand the area of known gold mineralization. T he three RC holes intersected highly altered rocks with associated gold anomalism from the beginning to the end of all holes. Hole CW-2B had the best gold intercept: 61m at 0.416 g/t, including 3.048m at 3.571 g/t (see Table 1). Due to the intense alteration and drilling challenges, one drill hole had to be abandoned, relocated and redrilled. The alteration can be described as silicification and marbleized carbonates with abundant disseminated pyrite, suggesting a large intrusive-related gold system may be present. Rast: The two RC and subsequent core drilling had the primary objective of understanding the lithology and intersecting potential host lithologies for gold mineralization. As a result, drilling encountered hundreds of meters of sheared and hydrothermally altered and dolomitized mudstones and carbonates, accompanied by strong carbon flooding and trace element enrichment, with strong W, Mo, U, Co, Te, Hg and in particular, exceptionally high selenium values of up to 211 ppm, suggesting a mineralized intrusive-related body may be nearby. Geophysics: Recently reinterpreted magnetic data indicates large and untested magnetic anomalies in the pediment area. The center of the magnetic body is approximately circular, with a diameter of 1,000m, and a possible extension to the east, as well as a smaller magnetic body to the southeast. Black Mammoth Metals is approaching the area with a broader vision to understand the controls of mineralization and use geophysical support to uncover a potentially hidden gold deposit. The Company looks forward to further testing target areas near the interpreted intrusive rocks, starting with an induced polarization (IP) survey (see Figure 2). Quality Assurance/Quality Control: All sampling is conducted under the supervision of the Company's project geologists, and a strict chain of custody from the project to the sample preparation facility is implemented and monitored. The RC and core samples are hauled to Elko, Nevada by project staff. Core is taken to Carlin Trend Mining Services for cutting and sampling. The core is cut in half using a diamond saw, and one-half placed in sealed bags for preparation by ALS Laboratories. RC samples are taken directly to ALS Laboratories' prep lab. Core and RC samples are prepared using the PREP-31 package; then shipped via ALS' truck to the ALS Laboratory in Reno, NV. Each sample is crushed to better than 70%, passing 2mm, then a 250 gram riffle split is then taken. This split is pulverized to a target of 85% passing 75microns. and a 30 gram portion of this pulverized split is digested by Four Acids, and analyzed by the Au-ICP 21 method, which is a Fire Assay, with an ICP-AES (Induced Coupled Plasma) finish. ALS Laboratories have ISO 9001 and 17025 accreditations, and their Elko prep lab is listed on the scope of accreditation. ALS also undertakes their own internal coarse and pulp duplicate analysis to ensure proper sample preparation and equipment calibration. Black Mammoth Metals Corp's QA/QC program includes regular insertion of CRM standards, duplicates and blanks into the sample stream with a stringent review of all results. About Black Mammoth Metals Corporation: In the past 16 months, Black Mammoth Metals has acquired 100% interest in: Coal Canyon Gold property, Pershing County, NV, Island Mountain - district consolidated, Elko County, NV, Coleman Canyon Gold, St. Elmo High-Grade Gold and Diamond Jim Silver-Lead-Zinc-Antimony, 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 consolidated, Lander County NV, Raven, Happy Cat (purchased prior to 16 months ago), Callaghan Gold – district consolidated, Lander County NV, North Callaghan, Charlie, Cottonwood, Rast. Black Mammoth also has a 100% interest in the Blanco Creek Gold property in the Elk Creek Mining District, central Idaho, which hosts three historic underground mines along 3,550 meters (11,644 feet) of strike on the north-east trending regional Blanco Shear Zone. Mark J. Abrams, CPG #11451, a Qualified Person as defined under National Instrument 43-101 - Standards of Disclosure for Mineral Projects (" NI 43-101") and director of Black Mammoth, has reviewed and approved the technical content in this release. On behalf of the board, "Dustin Henderson" Dustin Henderson, BBA President & CEO Website: 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, including statements regarding the Company's completion of the Transaction and related transactions 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. Important factors that could cause actual events and results to differ materially from the Company's expectations include that the requisite corporate and TSXV for the Transaction may not be obtained; that the Company or IDA Mining, as applicable, may be unable to satisfy any or all closing conditions necessary for the completion of the Transaction; and other risks that are customary to transactions of this nature. Trading in the securities of the Company should be considered highly speculative. All the Company's public disclosure filings may be accessed via and readers are urged to review these materials, including the latest technical reports filed with respect to the Company's mineral properties. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Yahoo
29-04-2025
- Business
- Yahoo
Black Mammoth Metals Insider Buyers Net CA$756k Despite 11% Stock Decline
Insiders who bought Black Mammoth Metals Corporation (CVE:BMM) stock lover the last 12 months are probably not as affected by last week's 11% loss. Reason being, despite the recent loss, insiders original purchase value of CA$300.0k is now worth CA$1.06m. While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether. We've discovered 4 warning signs about Black Mammoth Metals. View them for free. In the last twelve months, the biggest single purchase by an insider was when insider Olivier Tielens bought CA$300k worth of shares at a price of CA$0.50 per share. We do like to see buying, but this purchase was made at well below the current price of CA$1.76. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction! See our latest analysis for Black Mammoth Metals Black Mammoth Metals is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying. Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. It appears that Black Mammoth Metals insiders own 34% of the company, worth about CA$21m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders. The fact that there have been no Black Mammoth Metals insider transactions recently certainly doesn't bother us. But insiders have shown more of an appetite for the stock, over the last year. Insiders do have a stake in Black Mammoth Metals and their transactions don't cause us concern. While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. For instance, we've identified 4 warning signs for Black Mammoth Metals (3 are a bit concerning) you should be aware of. If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
