Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
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.