Black Mammoth Metals Options High-Grade Clover Gold Property in Nevada

Black Mammoth Metals Corporation (TSXV: BMM) (OTC: LQRCF) has recently announced the acquisition of an option to purchase a 100% interest in the high-grade Clover Gold Property, located in Lander County, Nevada. This strategic move aligns with the company's exploration and development strategy in the region, as it expands its portfolio of gold properties in Nevada. The Clover Gold Property, covering approximately 1,213 hectares (2,997 acres), is an attractive investment opportunity due to its geological features and proximity to known gold deposits.

The Clover Gold Property is situated in the Ravenswood Mining District, which is known for hosting Carlin-type gold deposits. The property is underlain by the same geological formations that host the nearby Sleeper Gold Mine, which has produced over 1.5 million ounces of gold. Additionally, the property is located in a region with a favorable geopolitical climate for mining operations.



The Clover Gold Property has the potential to host a significant gold deposit, with an approximate 4 square kilometer area identified as a potential alteration zone where hydrothermal fluids may be present. Structural modeling suggests that the density of the alteration and its' density contrast relative to the host rock is typical to that of alteration zones present at other Carlin-type deposits in northern Nevada. The alteration encompasses an area where northerly trending high-angle faults intersect indicated NW-trending re-activated faults, which can act as ore-controlling faults, providing pathways for mineralizing fluids and enhancing the potential for gold mineralization.

Black Mammoth Metals' acquisition of the Clover Gold Property fits into the company's overall exploration and development strategy in Nevada by expanding its portfolio of gold properties in the region, focusing on Carlin-type deposits, leveraging synergies with existing operations, and potentially expanding the company's mineral resource base. The property's location in a historic mining district and proximity to the Sleeper Gold Mine suggest that it may have even greater potential for hosting a significant gold deposit than other properties in the company's portfolio.

In conclusion, the acquisition of the Clover Gold Property by Black Mammoth Metals Corporation is a strategic move that aligns with the company's exploration and development strategy in Nevada. The property's geological features, location in a historic mining district, and proximity to known gold deposits make it an attractive investment opportunity. As the company continues to explore and develop the property, investors should keep a close eye on its progress and potential for significant gold discoveries.