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Black Mammoth Metals ( (TSE:BMM) ) just unveiled an update.
Black Mammoth Metals has acquired the Ramsey Silver property in La Paz County, Arizona, consisting of 2 patented claims and 12 federal lode claims. The property, located near the historic Ramsey mine, shows significant silver mineralization from past drilling, suggesting potential for open pit development. The acquisition, completed for $42,000 with no royalties, strengthens Black Mammoth’s position in the mining sector, enhancing its exploration portfolio and offering promising prospects for future development.
More about Black Mammoth Metals
Black Mammoth Metals Corporation is a company involved in the mining industry, focusing on the acquisition and development of mineral properties. The company has a diverse portfolio, including interests in silver, gold, copper, and rare earth elements across various locations in the United States.
Average Trading Volume: 22,968
Technical Sentiment Signal: Buy
Current Market Cap: C$174.9M
Find detailed analytics on BMM stock on TipRanks’ Stock Analysis page.