Northwire Canada EditionFriday, July 17, 2026
Northwire
LUN 33.59 −2.5% NTR 94.27 −1.8% LALI 0.055 −8.3% SCD 0.170 +0.0% HWY 0.370 +0.0% FCI 0.385 +1.3% GGAU 0.180 −5.3% KIRO 0.650 +1.6% LBNK 0.430 +0.0% BARU 0.040 +0.0% VCU 1.09 −4.4% NOBL 0.095 −5.0% SHL 0.355 +0.0% MTS 0.130 +0.0% FYL 0.090 +0.0% NUAG 5.55 +1.8% LUN 33.59 −2.5% NTR 94.27 −1.8% LALI 0.055 −8.3% SCD 0.170 +0.0% HWY 0.370 +0.0% FCI 0.385 +1.3% GGAU 0.180 −5.3% KIRO 0.650 +1.6% LBNK 0.430 +0.0% BARU 0.040 +0.0% VCU 1.09 −4.4% NOBL 0.095 −5.0% SHL 0.355 +0.0% MTS 0.130 +0.0% FYL 0.090 +0.0% NUAG 5.55 +1.8%
Drill Results Routine +

Black Mammoth identifies target zone at Big Bear

Aggressive Land Grab Strategy Meets Early-Stage Geophysical Success

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 →

More from Black Mammoth Metals Corporation