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Black Mammoth Metals ( (TSE:BMM) ) just unveiled an update.
Black Mammoth Metals Corporation has announced an option agreement to acquire a 100% interest in the Clover Gold property located in Nevada. This acquisition includes 47 unpatented lode claims and an additional 41 claims, covering approximately 708 hectares. The Clover Gold property is situated in a geologically favorable area with significant gold and silver mineralization, evidenced by high-grade drill intercepts. This strategic move is expected to enhance Black Mammoth’s operational capabilities and position in the gold mining sector, potentially offering substantial returns for stakeholders.
More about Black Mammoth Metals
Black Mammoth Metals Corporation operates in the mining industry, focusing on the exploration and development of mineral properties. The company is primarily involved in gold mining, with specific interest in high-grade gold deposits, and aims to strengthen its market position through strategic property acquisitions.
YTD Price Performance: 16.84%
Average Trading Volume: 12,121
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$36.13M
For an in-depth examination of BMM stock, go to TipRanks’ Stock Analysis page.
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