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Black Mammoth Metals Expands Portfolio with New Mexico REE Acquisition

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Black Mammoth Metals Expands Portfolio with New Mexico REE Acquisition

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Black Mammoth Metals ( (TSE:BMM) ) has shared an update.

Black Mammoth Metals Corporation, through its subsidiary Antelope Creek Gold Corporation, has acquired a 100% interest in the Gallinas Rare Earth Elements property in New Mexico. This acquisition includes 49 federal unpatented claims and is considered to have significant economic potential for rare earth elements. The company’s strategic move aims to enhance its portfolio and strengthen its position in the rare earth elements market, potentially impacting its operations and offering new opportunities for stakeholders.

More about Black Mammoth Metals

Black Mammoth Metals Corporation is a mining company involved in the acquisition and exploration of mineral properties. The company focuses on various metals, including gold, silver, copper, and rare earth elements, with interests in properties across the United States, particularly in Nevada, Arizona, Idaho, and California.

Average Trading Volume: 16,108

Technical Sentiment Signal: Buy

Current Market Cap: C$85.44M

See more insights into BMM stock on TipRanks’ Stock Analysis page.

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