Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Black Mammoth Metals ( (TSE:BMM) ) just unveiled an update.
Black Mammoth Metals has acquired a 100% interest in the Coleman Canyon Gold property in Nevada through a mineral lease purchase agreement with TUVERA Exploration Inc. This acquisition includes both patented and unpatented claims covering approximately 710 hectares. The Coleman Canyon property, located in a region known for gold mineralization, offers significant potential for expansion based on existing resource models and data. While current mineral resources are not yet verified, the property shows promise for both Carlin-type and high-grade orogenic gold systems, which could enhance Black Mammoth’s industry positioning.
More about Black Mammoth Metals
Black Mammoth Metals Corporation operates in the mining industry with a focus on acquiring and developing mineral properties. The company is primarily involved in gold exploration and mining, particularly through its subsidiary Antelope Creek Gold Corporation.
YTD Price Performance: 14.74%
Average Trading Volume: 13,355
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$35.48M
Find detailed analytics on BMM stock on TipRanks’ Stock Analysis page.