Black Mammoth samples 2,610 g/t Ag at West Reveille

Executive Summary

• Black Mammoth Metals Corp. released rock chip sampling results from its West Reveille silver property in Nevada, highlighting high-grade silver occurrences up to 2,610 g/t Ag.
• The company is acquiring the West Reveille property from VR Resources Ltd., with a final payment of $25,000 due prior to the commencement of a drill program.
• Exploration targets include a two-kilometer strike length of alteration zones and a jasperoid zone with potential for Carlin-type deposits, with induced polarization (IP) surveys planned.

Key Details

• Assay Highlights:
  • Silver intercepts up to 2,610 g/t Ag.
  • High concentrations of base metals: Lead, Zinc, and Copper.
  • Elevated pathfinder elements: Arsenic up to 1,360 ppm and Antimony up to 3,110 ppm.
• Geological Context:
  • Mineralization is associated with contact zones between younger felsic volcanic rocks and older Paleozoic sediments.
  • Zones are strongly silicified with quartz vein textures.
  • A jasperoid zone in the southwestern part of the property is of special interest for potential Carlin-type deposits.
  • Strike length of the exposed alteration zone is approximately two kilometers.
• Acquisition Terms (West Reveille Property):
  • Seller: VR Resources Ltd.
  • Agreement Date: January 2025.
  • Buyer: Antelope Creek (subsidiary/affiliate of Black Mammoth Metals).
  • Initial Payment: $100,000 CAD paid at signing.
  • Final Payment: $25,000 CAD due prior to the commencement of a drill program.
  • Ownership: 100% interest upon final payment.
  • Royalty: 3% Net Smelter Royalty (NSR) retained by the underlying owner.
  • No work commitments, finders' fees, or share compensation.
• Future Exploration Plans:
  • Plans to conduct several induced polarization (IP) surveys.
  • Targets include areas beneath pyroclastic cover and in the pediment area.
• Quality Assurance/Quality Control (QA/QC):
  • Samples prepared and analyzed by ALS Laboratory (Elko and Reno, NV).
  • Preparation: ALS PREP-31 package (crushed to <70% passing 2mm, riffle split, pulverized to 85% passing 75 micrometers).
  • Analysis Methods:
    • 41-element suite via ALS ME-MS 41 (aqua regia digestion, low detection ICP-MS).
    • Overlimit elements (Ag, Cu, Pb, Zn) analyzed via ALS ME-OG46 (aqua regia digestion, ICP-AES).
    • Gold analyzed via Au-ICP 21 (30g fire assay, ICP-AES finish) and Au-GRA21 (30g fire assay, gravimetric finish).
    • Silver analyzed via Ag-GRA21 (30g fire assay, gravimetric finish).
  • QA/QC includes CRM standards, duplicates, and blanks; ALS performs internal coarse and pulp duplicate analysis.

Notable Quotes

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