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Black Mammoth Metals Acquires Mineral Mountain Gold Property in Utah

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Black Mammoth Metals (BMM.V) has acquired the Mineral Mountain Gold property in south west Utah, the company said on Thursday.

The property was acquired for a finder's fee of $16,000 plus $6,000 staking cost reimbursement paid to a private vendor.

An historical estimate reported an inferred resource containing 41,144 ounces of gold grading 0.42 grams per tonne (g/t) using a cutoff of 0.14 g/t, based on 74 drill holes with their gold mineralized intervals within 161m of surface and with most hole intervals within 91m of surface.

Black Mammoth Metals has begun exploration and evaluation of the property and has staked additional claims.

Black Mountain shares were last seen up $0.04, to $3.44, on the TSX Venture Exchange.

Price: $3.44, Change: $+0.04, Percent Change: +1.18%

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