Black Mammoth Metals Acquires and Finds Extensive IP Anomaly at Mustang Gold and Silver Property, NV BMM: TSX-V
Black Mammoth Metals Acquires and Finds
Extensive IP Anomaly at Mustang Gold and
Silver Property, NV
BMM: TSX-V
VANCOUVER, BC
,
Dec. 18, 2025
/CNW/ -
Black Mammoth Metals Corporation
(TSXV: BMM)
(OTC: LQRCF)
("Black Mammoth" or the "Company")
is pleased to announce that the Company
has acquired the Mustang Gold and Silver property ("Mustang" or the "Property") by staking 138
unpatented lode claims on lands administered by the Bureau of Land Management (BLM) covering
1124 hectares (2778 acres), has obtained an extensive data package related to the Property and
has completed a pole-dipole induced polarization survey (the "IP Survey") with an interpreted
inversion model.
The Property extends over 8.4 km north-south along the Pactolus Hills
on the
Walker Lane trend,
Nye County, NV
, near the western edge of the Basin and Range physiographic
Province.
Best Historical Drill Intercept:
12.2m
of 1.71g/t Au (including
7.6m
of 2.56g/t Au) at
54.5m
depth -
Queensgate Resources, 2011
RC hole - M11-06.
IP Results:
Southern Zone
The IP Survey's objective in the south was to investigate the potential for high-sulfidation epithermal
gold-silver deposits underlying the known area of mineralization where previous operators have
located gold and silver mineralization in drill holes and in rock chips. Near-surface rocks and
alteration features exhibit significant silicification and leaching (with vuggy textures), which are
typically well reflected in resistivity anomalies. Quartz veins are present and correlate well with
historical rock samples and drill results. The east-west IP lines (8) in the south were spaced
150m
apart.
The IP results confirmed a potential target area at the Southern Zone (the "IP Anomaly")
extending over one square km and is open to the north and south, with further potential
beneath the younger basalt cover to the east and west
(see Figure 1 & 2)
.
Given the geologic
environment and mapped rock types, the source of the chargeability anomalies is most likely
sulfides. Also, the top of the chargeability anomalies is relatively consistent, suggesting some form
of genetic control akin to a boiling level. The depth to top of the chargeability anomaly is sufficient to
likely preclude detection by historic mine workings. The correlation of high resistivity with
chargeability is obvious and the IP Anomaly shows a strong correlation with altered rock at surface,
historical rock ship samples as well as historical drilling results.
Northern Zone
The IP Survey's objective in the north was to investigate as part of a larger-scale
exploration program to identify further mineralization potential along strike. The east-west IP lines (3)
in the north were widely spaced covering 1.5 km
(see Figure 4 & 5).
The results suggest that the gold and silver system extends a further 1.5 kilometers to the
north
(see Figures 4 & 5)
.
Figure 1 – Resistivity depth slice at a depth of 150-250m
- Southern Zone. (CNW Group/Black
Mammoth Metals Corp)
Figure 2 – Chargeability depth slice at a depth of 150-250m – Southern Zone. (CNW Group/Black
Mammoth Metals Corp)
Mustang is geologically and geochemically analogous to the Paradise Peak high-sulfidation
epithermal gold-silver deposit 13 kms to the northwest
(see Figure
3
)
. Gold and silver epithermal
mineralization is primarily volcanic-hosted and associated with quartz veins, silicification, clay
alteration and fractured zones. The historical Paradise Peak Mine was a major producer of gold and
silver from 1984 to 1994.
The Paradise Peak mine is not necessarily indicative of the
mineralization at Mustang.
Figure 3 – Mustang's location and spatial relationship to the Paradise Peak gold-silver deposit
- 17
km to the northwest. (CNW Group/Black Mammoth Metals Corp)
Figure 4 – Resistivity cross-sections – Northern Zone. (CNW Group/Black Mammoth Metals Corp)
Figure 5 – Chargeability cross-sections – Northern Zone. (CNW Group/Black Mammoth Metals
Corp)
Next Steps:
Black Mammoth intends to further investigate the northern and southern target areas using a ground-
based
gravity survey
to refine drilling targets in the volcanic-hosted epithermal gold and silver
zones and to explore for potential underlying gold mineralization embedded in basement rocks.
Acquisition Terms (USD):
A finder's fee of
$12,000 USD
was paid to a private vendor. The Company now owns Mustang
100% with no royalties, share compensation or other terms in connection with the acquisition.
The Company continues to acquire non-core exploration interests in the western US, by purchase or
staking.
Quality Assurance/Quality Control:
All sampling of the historic percussion or rotary/reverse circulation drill chip samples was conducted
by or under the supervision of Queensgate Resource's project geologist. The samples were taken to
the ALS Laboratory (ALS) in
Reno, Nevada
for preparation and analysis.
The ALS PREP-31 package was utilized for sample preparation. In this package, each sample is
crushed to better than 70%, passing 2mm, then a 250-gram riffle split is then taken. This split is
pulverized to a target of 85% passing 75microns; and a 30-gram portion of this pulverized split is
digested using aqua regia and analyzed for gold using ALS' Au-AA23-AAS method, which is a Fire
Assay, with an AAS finish. A 35-element suite was run on the samples using the ALS ME-MS 41
multielement package. This method utilizes aqua regia digestion followed by ICP-AES analysis
(Induced Coupled Plasma). Trace level silver was analyzed using ALS' Ag-AA61 method which is a
four-acid digestion and utilizes an ICP-AAS (Induced Coupled Plasma) analysis. Trace mercury
analysis was done using ALS' He-CV41 cold vapor Atomic Absorption. ALS Laboratories have ISO
9001 and 17025 accreditations. Queensgate Resources' QA/QC program included regular insertion
of CRM standards, duplicates and blanks into the sample stream. ALS also undertakes their own
internal coarse and pulp duplicate analysis to ensure proper sample preparation and equipment
calibration.
About Black Mammoth Metals Corporation:
Since
January 2024
, Black Mammoth Metals has acquired a 100% interest in:
Ramsey Silver
property,
La Paz County, AZ.
Gallinas Rare Earth property,
Lincoln County, NM
.
Amador Silver
property,
Lander County, NV.
Big Bear Copper property,
Gila County, AZ.
Zulu Gold property,
Gila County, AZ.
Northern Star property,
La Paz County, AZ.
Coal Canyon Gold property,
Pershing County, NV.
Island Mountain Gold District
(including Coleman Canyon, St. Elmo and Diamond Jim (Ag, Pb,
Zn, Sb)),
Elko County, NV.
Clover High-Grade Gold property,
Elko County, NV.
Leadore Silver-Lead-Rare Earth Elements property
,
Lemhi County, ID.
East Reveille Gold property
,
Nye County, NV.
America Mine Gold
property
,
San Bernardino, CA.
Quito Gold property
,
Lander County, NV
.
South Ravenswood Gold District
(including the Raven, and Happy Cat properties)
Lander
County, NV.
(Happy Cat was purchased prior to
January 2024
).
Callaghan Gold District
(including North Callaghan, Charlie, Cottonwood and Rast properties),
Lander County, NV.
Black Mammoth also has a 100% interest in the
Blanco Creek Gold property
in the Elk Creek
Mining District, central
Idaho
, which hosts three historic underground mines along 3,550 meters
(11,644 feet) of strike on the north-east trending regional
Blanco Shear Zone
.
Mark J. Abrams
, CPG #11451, a Qualified Person as defined under National Instrument 43-101 -
Standards of Disclosure for Mineral Projects
("
NI 43-101
") and director of Black Mammoth, has
reviewed and approved the technical content in this release. On behalf of the board,
"Dustin Henderson"
Dustin Henderson
, BBA
President & CEO
Website:
www.blackmammothmetals.com
This press release contains forward-looking statements and forward-looking information
(collectively, "forward looking statements") within the meaning of applicable securities laws. All
statements, other than statements of historical fact, included herein are forward-looking
statements. Forward-looking statements are typically identified by words such as believe, expect,
anticipate, intend, estimate, postulate and similar expressions or are those which, by their nature,
refer to future events. Although the Company believes that such statements are reasonable, there
can be no assurance that such statements will prove to be accurate, and actual results and future
events could differ materially from those anticipated in such statements. The Company cautions
investors that any forward-looking statements by the Company are not guarantees of future
performance, and that actual results may differ materially from those in forward-looking
statements. Trading in the securities of the Company should be considered highly speculative. All
the Company's public disclosure filings may be accessed via
www.sedarplus.ca
and readers are
urged to review these materials, including any technical reports filed or disclosed on the
Company's website related to the Company's mineral properties.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
SOURCE
Black Mammoth Metals Corp
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For further information:
Black Mammoth Metals Corporation, Phone: 604 347 9101, Email:
CO: Black Mammoth Metals Corp
CNW 09:00e 18-DEC-25