Black Mammoth identifies target area at S. Ravenswood

Mr. Dustin Henderson reports BLACK MAMMOTH METALS FINDS CHARGEABILITY ANOMALY AT HAPPY CAT SOUTH GOLD TARGET, NV Black Mammoth Metals Corp. has released the results of a pole-dipole induced polarization survey at the Happy Cat South target, within the company's South Ravenswood property located at the southern end of the Rabbit Creek gold trend, Lander county, Nevada. The company has also staked 66 additional unpatented lode claims (approximately 551 hectares) on lands managed by the Bureau of Land Management. IP results The IP results have identified a large target area at Happy Cat, where the chargeability high and resistivity high are coincident with a gravity high. Gold mineralized zone Exploration activity conducted by previous operators, which includes reverse circulation drilling, trenching, auger drilling, and rock and soil sampling have confirmed the presence of a gold mineralization zone with no clear source of the mineralization identified (see the company's news release dated Nov. 25, 2020). Gravity high Black Mammoth's 2022 ground gravity survey covered a 12-square-kilometre area and revealed a prominent gravity high indicative of a potentially uplifted basement block (horst) beneath volcanic cover, and is coincident with the gold mineralized zone, which represents a target zone (see the company's news release dated Sept. 14, 2022). The company plans to further investigate this target zone, which may include inversion modelling and other workup activities to refine drill targets. There is an active notice level drilling permit issued by the BLM and a reclamation bond in place. About Black Mammoth Metals Corp. Since January, 2024, Black Mammoth Metals has acquired a 100-per-cent interest in: West Reveille silver property, Nye county, Nevada; Tom's Pediment gold-silver property, Lander county, Nevada; Mustang gold-silver property, Nye county, Nevada; Ramsey silver property, La Paz county, Arizona; Gallinas rare earth property, Lincoln county, New Mexico; Amador silver property, Lander county, Nevada; Big Bear copper property, Gila county, Arizona; Zulu gold property, Gila county, Arizona; Northern Star property, La Paz county, Arizona; Coal Canyon gold property, Pershing county, Nevada; Island Mountain gold district (including Coleman Canyon, St. Elmo and Diamond Jim (silver, lead, zinc and antimony)), Elko county, Nevada; Clover high-grade gold property, Elko county, Nevada; Leadore silver-lead-rare-earth-element property, Lemhi county, Idaho; East Reveille gold property, Nye county, Nevada; America mine gold property, San Bernardino, Calif.; Quito gold property, Lander county, Nevada; South Ravenswood gold district (including the Raven and Happy Cat properties), Lander county, Nevada (Happy Cat was purchased prior to January, 2024); Callaghan gold district (including North Callaghan, Charlie, Cottonwood and Rast properties), Lander county, Nevada. Black Mammoth also has a 100-per-cent interest in the Blanco Creek gold property in the Elk Creek mining district, central Idaho, which hosts three historic underground mines along 3,550 metres (11,644 feet) of strike on the northeast-trending regional Blanco shear zone. Mark J. Abrams, CPG No. 11451, a qualified person as defined under National Instrument 43-101 (Standards of Disclosure for Mineral Projects) and director of Black Mammoth, has reviewed and approved the technical content in this release. We seek Safe Harbor.