Black Mammoth Metals is pleased to announce that it intends to raise gross proceeds of up to $900,000 by way of a private placement of up to 4,500,000 common shares of the Company at a price of $0.20 per Unit. Each Unit consists of one common share of the Company and one non-transferrable common share purchase warrant, with each Warrant exercisable into one common share of the Company for a period of 2 years from the [...]
Black Mammoth Metals is pleased to announce that a National Instrument 43-101 compliant Technical Report has been completed for the Blanco Creek property. The Technical Report was prepared by Mr. R. Tim Henneberry, P. Geo. of Mammoth Geological LTD., an independent Qualified Person under NI 43-101 and will be available to view on the Company's website
Black Mammoth Metals is pleased to announce the appointment of Geoff Goodall, B. Sc., P. Geo. to the Company's technical advisory board. Mr. Goodall is an exploration geologist with over three decades of international experience evaluating, planning and executing exploration programs in a wide variety of geologic environments and for a broad range of base and precious metal deposit types.
Black Mammoth Metal has entered into an Assignment and Assumption Agreement dated February 13, 2017, with IDA Gold Corp pursuant to which IDA has assigned, and Black Mammoth Gold has assumed, all of the rights and obligations of the Lessee under a long-term lease of the Blanco Creek mineral property or the located in central Idaho. The Lease is subject to an underlying two percent (2%) production royalty in favour of the [...]