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Black Mammoth Metals Announces Change of Auditor

Regulatory & Compliance

No.22-2 BMM: TSX-V NEWS RELEASE

Black Mammoth Metals Announces Change of Auditor

Vancouver, B.C., January 27, 2022

Black Mammoth Metals Corporation (TSX-V: BMM / OTC: LQRCF) (“Black Mammoth” or the

“Company”) announces that the Company has changed its auditors from Smythe LLP, Chartered Professional

Accountants (“Former Auditor”) to DeVisser Gray LLP, Chartered Professional Accountants (“Successor

Auditor”) effective January 21st, 2022.

The Former Auditor resigned at the request of the Company effective Jan 17, 2022. The Audit Committee and

Board of Directors have appointed the Successor Auditor of the Company effective January 21st, 2022, until the

next annual meeting of shareholders.

There have been no modified opinions expressed in the audit reports of Smythe for their audits of the

Company’s most recently completed financial year or for any period subsequent to the most recently completed

financial period for which an audit report was issued by Smythe. There were no reportable events as defined in

National Instrument 51-102, between the Company and the Former Auditor.

“The Company would like to thank Smythe LLP for their services and wish them continued success”.

The Notice of Change of Auditor, together with the letters from the Former and Successor Auditor will be filed

on SEDAR.

About Black Mammoth Metals Corporation:

Black Mammoth has 11,376,871 shares issued and outstanding, 11,376,871 shares fully diluted.

Along with the Company’s 100% owned Happy Cat Gold Property, subject to underlying royalties, Black

Mammoth has a 100% interest, subject to underlying royalties, in the Blanco Creek gold property in central

Idaho which hosts three historic underground mines along 3550 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 1.7 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 14th, 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.

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 (new website coming soon)

“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.” This press

release contains forward-looking statements and forward-looking information (collectively, “forward looking

statements”) within the meaning of applicable Canadian and United States securities laws. All statements, other

than statements of historical fact, included herein, including statements regarding the anticipated content,

commencement, duration and cost of exploration programs, anticipated exploration program results, the

discovery and delineation of mineral deposits/resources/reserves, the timing of the receipt of assay results, the

visual continuity of certain mineralized intervals and business and financing plans and trends, the potentially

open nature of the mineralized zones on the property and the potential for future discoveries of additional

mineralization on the property 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 those related to weather,

equipment and staff availability; performance of third parties; timing of receipt of assay results from third party

analytical facilities; risks related to the exploration stage of the Company’s projects; market fluctuations in

prices for securities of exploration stage companies and in commodity prices; and uncertainties about the

availability of additional financing; risks related to the Company’s ability to identify one or more economic

deposits on the properties, and variations in the nature, quality and quantity of any mineral deposits that may

be located on the properties; risks related to the Company’s ability to obtain any necessary permits, consents or

authorizations required for its activities on the properties; and risks related to the Company’s ability to produce

minerals from the properties successfully or profitably. 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.sedar.com and readers are urged to review these materials, including the latest technical reports filed

with respect to the Company’s mineral properties.