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Black Mammoth Metals ( (TSE:BMM) ) has provided an announcement.
Black Mammoth Metals has secured final approval to drill up to 12 sites at its Leadore Silver-Lead-REE property in Idaho, targeting expansion of near-surface oxide silver-lead mineralization around historic mines, testing a large, deeper sulfide chargeability anomaly identified by induced polarization surveys, and delineating a newly discovered placer rare earth element horizon. The program aims to follow up on untested 2012 drilling, historical soil geochemistry outlining a 4.5-square-kilometre silver-lead zone, and 2025 rock sampling that revealed REE mineralization, positioning Leadore as a multi-layered silver, lead and rare earth opportunity that could enhance Black Mammoth’s resource base and strengthen its strategic foothold in both precious and critical metals exploration.
More about Black Mammoth Metals
Black Mammoth Metals Corporation is a Vancouver-based mineral exploration company focused on precious and critical metals across the western United States, with a portfolio of 100%-owned gold, silver, copper and rare earth element properties in Nevada, Arizona, New Mexico, Idaho and California. Since early 2024, the company has aggressively expanded its asset base, consolidating numerous gold and silver districts and rare earth prospects, including the Leadore Silver-Lead-REE property in Idaho and the Blanco Creek gold project in central Idaho.
Average Trading Volume: 22,386
Technical Sentiment Signal: Buy
Current Market Cap: C$258.5M
Learn more about BMM stock on TipRanks’ Stock Analysis page.