Black Mammoth Metals Stakes 870 Hectares at Happy Cat Gold Property 11 square kilometres total claims position, 100% owned UAV magnetic survey covering over 6 kms of high angle faults complete Structural and stratigraphic setting similar to that of

Black Mammoth Metals Stakes 870 Hectares at

Happy Cat Gold Property

11 square kilometres total claims position, 100% owned

UAV magnetic survey covering over 6 kms of high angle faults complete

Structural and stratigraphic setting similar to that of

Carlin

and Cortez deposits

VANCOUVER, BC

,

Jan. 24, 2022

/CNW/ -

Black Mammoth Metals Corporation

(TSXV: BMM)

(OTC: LQRCF)

("Black Mammoth" or the "Company")

is pleased to announce that the Company,

through its 100% owned subsidiary Antelope Creek Gold Corporation, has staked an additional 104

lode mining claims totalling 870 hectares (2150 acres) at its 100% owned Happy Cat gold property

(the "Property"). The Property now consists of 134 lode mining claims managed by the Bureau of

Land Management (the "BLM") covering a surface area of more than 1113 hectares or over 11

square kilometres (2750 acres), with 116 lode claims being contiguous. Black Mammoth now owns

one of the largest claims positions in the southern Ravenswood Mining District ("Ravenswood")

located at the southern end of the Rabbit Creek Gold Trend,

Lander County, Nevada

.

The Company has completed a UAV magnetic survey (the "Mag Survey") of the newly staked

ground which hosts

three

high angle faults, covering a combined distance of over 6 kms

trending N, NW and NE, which are of the correct orientation and age to have helped form

Carlin

-type deposits. The main purpose of the Mag Survey is to identify potential intrusive

host structures along these faults and to identify any major cross-trending faults.

Interpreted

results of the Mag Survey will be available for release shortly along with an updated Projects section

on the Company's new website that is currently under construction.

At Ravenswood, including the Property, there is a structural and stratigraphic setting similar to areas

containing the

Carlin

and Cortez deposits. Adjacent to the Property, near the historic

Maloy Gold

Mine

area,

Cretaceous granodiorite crops out and intrudes Paleozoic sedimentary strata,

including the lower plate Roberts Mountain and upper plate

Valmy

formations with gold

mineralization occurring in the Paleozoic strata

and in the granodiorite

. Carbonate rocks of the

Roberts Mountains Formation are exposed below the Roberts Mountains Thrust.

Mineralization

hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization hosted

on the Company's property.

The Property claims were located in strict accordance with all state and federal rules and

regulations and are in the filing process with the Lander County Recorder's office and the BLM's

Nevada State

office in

Reno, NV.

Brian T. Brewer

, CPG (#11508), M.Sc. and Independent Qualified Person as defined by NI 43-101,

located the claims and has approved the technical information contained in this news release.

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 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.

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

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/January2022/24/c8759.html

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For further information:

Black Mammoth Metals Corporation: Phone: 604 347 9101, Email:

[email protected], Website:

www.blackmammothmetals.com (new website coming

soon)

CO: Black Mammoth Metals Corp

CNW 08:45e 24-JAN-22