Black Mammoth Metals Appoints Harvey Lalach as Director BMM: TSX-V
Black Mammoth Metals Appoints Harvey
Lalach as Director
BMM: TSX-V
VANCOUVER, BC
,
Sept. 20, 2023
/CNW/ -
Black Mammoth Metals Corporation
(TSXV: BMM)
(OTC: LQRCF)
("Black Mammoth" or the "Company")
is pleased to announce the appointment of
Harvey Lalach
to the Board of Directors and to the Audit Committee.
Mr. Lalach is a senior management executive with experience across diverse business sectors and
organizations, including mineral exploration, ranging from start-ups to small cap in numerous private
and public companies with over 28 years of administrative dealings with both Canadian and US
securities regulators. Areas of expertise include project management, operational management,
budgeting, and reporting & analysis.
Peter Olander
has resigned his position as Director of the Company to pursue other opportunities.
The Board of Directors and Management of Black Mammoth wishes Peter the very best with his
future endeavors and expresses their appreciation for his contributions during his tenure as Director
of the Company.
About Black Mammoth Metals Corporation:
The Company has completed a ground gravity survey that is now modeled and interpreted in
conjunction with the recent UAV magnetic survey at its 100% owned, 1213 hectare (2997 acre)
Happy Cat gold property
, in southern Ravenswood Mining District,
Lander County, Nevada
.
An approximate 4 square kilometre area is identified as an area of hydrothermal alteration.
Structural modelling suggests the numerous high angle structures, along with the altered area's
density contrast relative to the host rock is typical of alteration zones present at other
Carlin
-type
deposits in northern
Nevada
. The alteration encompasses an area where northerly trending high
angle faults intersect mapped 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 is in the
process of evaluating drill targets within this recently identified altered area.
Black Mammoth also has a 100% interest, subject to underlying royalties, in the
Blanco Creek gold
property
in the Elk Creek Mining District, 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 14
th
, 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, Non-Independent Qualified Person as defined by NI 43-101 and
Director of Black Mammoth has approved the technical information contained in this news release.
On behalf of the board,
"Dustin Henderson"
Dustin Henderson
, BBA
President & CEO
"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.
SOURCE
Black Mammoth Metals Corp
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For further information:
Black Mammoth Metals Corporation, Phone: 604 347 9101, Email:
[email protected], Website: www.blackmammothmetals.com
CO: Black Mammoth Metals Corp
CNW 09:00e 20-SEP-23