BMM: TSX-V
VANCOUVER, BC, July 19, 2021 /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 17 lode mining claims at its 100% owned
Happy Cat gold property ("the Property"). The Company has filed the
claims with the Lander County Recorder's office and the Bureau of
Land Management's ("BLM") Nevada State
office in Reno, NV. Happy Cat
property is now more than double in size with 30 contiguous lode
claims covering a surface area totaling approximately 600 acres
(244 hectares). The claims were located in strict accordance with
all state and federal rules and regulations on lands administered
by the BLM. An updated Property map will be posted on the
Company's website shortly.
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 11,171,871 shares issued and outstanding,
11,556,871 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 and Corporate Secretary
"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