Northwire Canada EditionWednesday, November 11, 2026
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Gold 4,030.20 −2.0% Silver 51.23 −2.8% Copper 6.27 −1.2% Oil 86.04 −0.9% Palladium 1,024.00 +0.2% NVX 0.910 +0.0% MSR 0.435 +0.0% ELE 22.85 −4.0% ALS 53.01 −2.2% APM 5.13 −6.6% AVL 5.46 −5.4% NG 8.84 −9.0% ATY 0.220 −2.2% CN 0.125 −10.7% PMET 3.22 −4.2% ITH 1.99 −11.6% VMET 12.33 −6.9% ABX 56.41 −5.6% PUR 0.370 +8.8% SCY 0.085 +6.2% AUMN 0.300 +7.1% Gold 4,030.20 −2.0% Silver 51.23 −2.8% Copper 6.27 −1.2% Oil 86.04 −0.9% Palladium 1,024.00 +0.2% NVX 0.910 +0.0% MSR 0.435 +0.0% ELE 22.85 −4.0% ALS 53.01 −2.2% APM 5.13 −6.6% AVL 5.46 −5.4% NG 8.84 −9.0% ATY 0.220 −2.2% CN 0.125 −10.7% PMET 3.22 −4.2% ITH 1.99 −11.6% VMET 12.33 −6.9% ABX 56.41 −5.6% PUR 0.370 +8.8% SCY 0.085 +6.2% AUMN 0.300 +7.1%
Drill Results

Black Mammoth identifies target zone at Big Bear

Aggressive Land Grab Strategy Meets Early-Stage Geophysical Success

By The Northwire Desk — AI Analysis Feb 23, 2026 · 19:59 BMM · 5.7 Black Mammoth Metals Corporation
Executive Summary

The most recent news (Feb 23, 2026) reports that Black Mammoth Metals has delineated a significant target zone at its Big Bear Copper property in Arizona. Using pole-dipole induced polarization (IP) and UAV magnetic surveys, the company identified a target zone where high-grade copper in rock chips coincides with an underlying magnetic high along a NW trending fault. This zone expands upon the "Historic Copper Zone." Consequently, the company staked 29 additional claims, increasing the property size to 367 hectares. This follows a flurry of similar updates in early February regarding the Happy Cat South (Gold) and West Reveille (Silver) properties, where geophysical anomalies and high-grade surface samples (up to 2,610 g/t Ag) were also reported.

Material Impact

The recent news is Routine - Positive. While the identification of coincident geophysical and geochemical targets is a necessary step in mineral exploration, it does not constitute a discovery. The impact is positive as it validates the company’s "acquire and work-up" strategy, but it is not a "Game Changer" because: - Lack of Drilling: The targets are currently defined by surface work and geophysics; the "larger undiscovered copper system" remains theoretical until drill-tested. - Portfolio Dilution: The company is managing over 10 distinct projects simultaneously. While this provides multiple "lottery tickets," it spreads capital and management focus thin. - In-line with Strategy: This news follows a consistent pattern established over the last 24 months of staking ground, running IP/Mag surveys, and announcing anomalies.

BMM · Price
Company Overview

Black Mammoth is a diversified explorer focused on the Western US (Nevada, Idaho, Arizona, California). - Flagship Project: While the company has many projects, Happy Cat (Nevada) and Leadore (Idaho) have seen the most intensive recent work. Leadore is notable for its high-grade REE potential (7.6% TREO) and silver-lead mineralization. - Strategy: The company focuses on "non-core" assets and uses modern geophysics to identify targets missed by historical operators.

Read the original news release →

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M&A / Property