Black Mammoth Metals Samples Up To 27.1 g/t Gold And 290 g/t Silver At Blanco Creek BMM: TSX-V
Black Mammoth Metals Samples Up To 27.1 g/t Gold And 290 g/t Silver At Blanco
Creek
BMM: TSX-V
VANCOUVER, Oct. 24, 2017 /CNW/ - Black Mammoth Metals Corporation (TSX-V: BMM / Frankfurt:
LQK / OTCBB: LQRCF) ("Black Mammoth" or the "Compan y") is pleased to announce results from its
recent rock geochemical sampling program at the Com pany's Blanco Creek gold property in central
Idaho. Seventeen rock samples were collected and d elivered to ALS Global for analysis, in an effort to
confirm and expand on the property's historical rock sample results. The samples were collected
primarily from quartz veins located along the Blanco Creek Shear Zone focusing on three main target
areas located near the historic Alberta Mine, Hercules Mine and the Pasadena Mine.
The recent samples confirm historical gold and silver values found in 1980's and 1990's vintage data
acquired with the property. The samples lay the groundwork to establish a level of continuity of precious
metal mineralization along the 3550 metre (11,644 foot) strike length of the Alberta -Hercules-Pasadena
vein system. The sample results also indicate that gold mineralized veins parallel to the main veins are
present on the property.
Gold values ranged to a high of 27.1 grams per tonne (g/t), while silver values ranged to a high of 290
g/t. Four of the seventeen samples assayed higher than 5 g/t gold. Gold and silver values on the
property tend to cluster around the old mine areas, which is partly due to the availability of exposed rock
to sample. Lead is consistently elevated in the mineralized portions of the veins. Antimony, copper and
molybdenum show erratic weakly anomalous values in the gold/silver mineralized areas while arsenic and
mercury values are low. The following table highlights the significant gold and silver values from th is
recent sampling program:
Sample Gold ≥ Silver ≥ Description
0.5 g/t 5 g/t
FD01 0.919 14.7 Outcrop chip of milky quartz vein with pyrite.
FD02 11.25 79.3 Outcrop chip of milky quartz vein with pyrite.
FD03 0.611 Outcrop chip of milky quartz vein with iron oxide in schist.
FD04 0.697 15.6 Outcrop chip of milky quartz vein in the lower Hercules area.
FD05 1.37 Outcrop chip of milky quartz vein.
FD07 5.75 48.5 Dump sample of milky quartz vein.
FD09 27.1 290 Trench sample of milky quartz vein with iron oxide.
FD11 6.12 12.9 Outcrop chip of milky quartz vein.
FD16 1.075 Outcrop chip of milky quartz vein.
FD17 0.542 Outcrop chip of milky quartz vein.
Rock sample location maps, sample descriptions and assay certificates are located on the Company's
website along with maps showing the claim position, veins, workings, roads and proposed drill holes.
Plan of Operations:
Black Mammoth completed a thorough review of the ex tensive data obtained with the property. Field
examination of the mineralized areas was completed concurrently with this review in order to evaluate
potential drill targets. Based on these reviews, ten drill pad locations were selected to facilitate drilling
multiple holes from each pad location and in early August a Plan of Operations was filed with the U.S.
Forestry Service office in Grangeville, Idaho ("USFS"). The Company's personnel have met with the
USFS field specialists on the property and the proposed Plan of Operations is currently under review.
Sampling:
The samples from this program were collected and de livered to ALS Global in Elko, NV by Mark J.
Abrams, CPG. The samples were analyzed using Au-IC P21 for gold (30g FA – Gravimetric Finish) and
ME-ICP 41 (35 Multi-element Aqua Regia digestion).
Mark J. Abrams, CPG, Non-Independent Qualified Pers on as defined by NI 43-101 and Director of Black
Mammoth prepared and approved the technical informa tion contained in this news release.
About Black Mammoth Metals Corporation:
Black Mammoth has assumed a long-term lease with op tion to purchase for a 100% interest, subject to
underlying royalties, in the Blanco Creek gold property in central Idaho. The Property has road acces s
and consists of 40 Unpatented Federal Lode Claims h osting 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 targ et 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 done 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 and Corporate Secretary
Black Mammoth Metals Corporation
"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 Stat es
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 discov ery and delineation of mineral
deposits/resources/reserves, the timing of the rece ipt 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 sta tements 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, an d
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 Comp any
should be considered highly speculative. All of the Company's public disclosure filings may be accesse d
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.
All geological information provided on the Blanco Creek Property has been gathered during the
Company's due diligence process and has not been in dependently verified by management.
SOURCE Black Mammoth Metals Corp
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For further information: 1(604) 347-9101 - Email: dustinh@blackmammothmetal s.com, Website:
www.blackmammothmetals.com
CO: Black Mammoth Metals Corp
CNW 08:15e 24-OCT-17