Black Mammoth stakes 103 claims at Coleman Canyon

Executive Summary

• Black Mammoth Metals completed a high‑resolution UAV magnetic survey over the Coleman Canyon property (≈1,554 ha) and identified several structural anomalies that may host extensions of known gold‑silver mineralization.
• The company staked 103 new federal unpatented lode claims, bringing the total contiguous claim block to 192 unpatented claims plus existing patented claims.
• A $12,000 finder's fee was paid to a private vendor for the staking work; no other fees were incurred.

Key Details

• Survey Coverage: Entire Coleman Canyon property surveyed at 50 m flight line spacing and 50 m altitude.
• Structural Targets Identified:
• Northeast‑trending faults on the northern side of the intrusive.
• Large magnetic‑high anomaly west of the intrusive, likely controlled by a north‑trending fault/fracture zone.
• Strong magnetic‑high anomalies along the southern side of the intrusive that coincide with historic gold zones; extensions noted to the south, north, and west.
• Unexplored High‑Anomaly Areas: Far‑west and northwestern portions of the survey have not been previously drilled.
• Geological Context: Gold‑silver mineralization hosted in sedimentary/metasedimentary rocks surrounding a central intrusive stock; mineralization follows a proximal Carlin‑type model, with bedding‑controlled and fault‑controlled vein zones.
• Claim Staking: 103 new federal unpatented lode claims added; total contiguous unpatented claim area now ≈1,554 ha (3,842 acres) with 100 % ownership subject to a 1 % NSR.
• Finders’ Fee Disclosure: $12,000 paid to a private vendor for the new claim staking; no finder's fee related to any lease‑option agreement.
• Future Work: Company may conduct additional geological, geochemical, and geophysical studies before initiating drilling on identified targets.

Notable Quotes

(No direct quotes were provided in the release.)