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BMM.V ·

Black Mammoth Metals 2025 AGM Update

Shareholder Meetings

No.24-19 BMM: TSX-V NEWS RELEASE

Black Mammoth Metals 2025 AGM Update

Vancouver, B.C., December 10 , 2024. Black Mammoth Metals Corporation (TSX-V: BMM / OTC:

LQRCF) (“Black Mammoth” or the “Company”) wishes to notify shareholders that in case of disruption due

to the ongoing Canada Post strike, the Company's meeting materials (the "Meeting Materials") for the

Company's upcoming annual general meeting to be held on January 10, 2025 at 11:00 a.m. (Vancouver Time)

(the "Meeting"), may be viewed on the Company's SEDAR+ profile at www.sedarplus.ca and are also

available electronically on the Company's website at www.blackmammothmetals.com.

Due to the postal strike, it is possible that the Meeting Materials will not be delivered to shareholders prior to

the Meeting. Shareholders will still be able to vote their shares either directly or by proxy, or indirectly via their

intermediary. Registered and beneficial shareholders who have not received their Meeting Materials, including

the proxy, can direct requests for copies of the Meeting Materials to Dustin Henderson, Chief Executive Officer

by telephone at 604 -347-9101 or email [email protected]. The Company will provide copies

of the Meeting Materials by email to each shareholder who requests them while the strike is ongoing, at no

charge.

If you are a registered shareholder, please contact Computershare Investor Services Inc. (“Computershare”) at

1-800-564-6253 (toll free within North America) between 8:30 am and 8:00 pm Eastern Time or 1 -514-982-

7555 (international direct dial) to obtain your voting control number (subject to passing of identity verification).

With the voting control number, you can vote online at www.investorvote.com. If you are unable to obtain your

voting control number, you can use the generic Form of Proxy available on SEDAR+ or Company’s website,

write in the registered holder’s name, address, number of shares, holder account number, indicate your votes

and sign (Corporate holders should also indicate name and title of person signing), and fax the completed proxy

form by 11:00 am Pacific Standard Time on January 8, 2025 to Computershare at 1 -866-249-7775 (Toll Free

North America) or 416-263-9524 (International).

If you hold shares through an intermediary such as a brokerage firm, please contact your intermediary directly

for a copy of the proxy form and instructions for voting.

The Company's annual financial statements and related management discussion and analysis, as well as interim

financial statements and related management discussion and analysis are available on the Company's SEDAR+

profile and the Company's website as noted above.

About Black Mammoth Metals Corporation:

In 2024, Black Mammoth Metals acquired a 100% interest in:

• Leadore Silver Lead 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 and Callaghan Gold Districts, Lander County NV.

At the Company’s 100% owned, 1,213 hectare (2,997 acre) Happy Cat Gold property, Lander County, NV,

an approximate 4 square kilometre area is identified as being hydrothermally altered. Structural modelling

suggests the density of the alteration and its’ density contrast relative to the host rock is typical to that of

alteration zones present at other Carlin -type deposits in northern Nevada. The alteration encompasses an area

where northerly trending high-angle faults intersect indicated NW-trending re-activated faults that are known to

be of age and orientation as ore-controlling faults occurring at other Carlin-type deposits. The Company intends

to prioritize drill targets within the alteration area.

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. Exploration by two previous operators identified a

geological target for the Blanco Creek property in the order of 1.70 to 2.48 million tons, grading 0.20 to 0.33

oz/ton Au (1.54 to 2.24 million tonnes, grading 6.85 to 11.31 g/tonne Au); see the Company’s press release

dated February 14, 2017.

Black Mammoth cautions investors to note the potential quantity and grade of the geological target are

conceptual in nature. A qualified person has not completed sufficient work to classify the geological target as

mineral resources as defined by NI 43 -101, and it is uncertain if future exploration will result in the target

being delineated as mineral resources.

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. Historical information contained in this news release cannot be relied upon as

Mr. Abrams, the Company’s Qualified Person, has not prepared or verified the historical information.

On behalf of the board,

“Dustin Henderson”

Dustin Henderson, BBA

President & CEO

Black Mammoth Metals Corporation

Phone: 604 347 9101

Email: [email protected]

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, including statements regarding the Company’s completion of the

Transaction and related transactions 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. Important factors that could cause

actual events and results to differ materially from the Company’s expectations include that the requisite

corporate and TSXV for the Transaction may not be obtained; that the Company or IDA Mining, as applicable,

may be unable to satisfy any or all closing conditions necessary for the completion of the Transaction; and

other risks that are customary to transactions of this nature. Trading in the securities of the Company should be

considered highly speculative. All of the Company’s public disclosure filings may be accessed

via www.sedarplus.ca and readers are urged to review these materials, including the latest technical reports

filed with respect 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.