The IP survey confirms a target area with overlapping resistivity and chargeability anomalies within the Gravity Low area and along the NW-trending Gold-Zone extension.
The gold stock sector is no longer special, as wider inflation trades are expected to take hold across commodities and certain markets. Oil and the current inflation mini-hysteria is not that. Not yet.
The company announces that it has granted incentive stock options to three consultants to purchase an aggregate of 250,000 common shares at $5.51 per share for a 5-year period...
Insiders exercised a total of 4,660,000 warrants for cash proceeds of $1,062,000. The Company sincerely thanks its shareholders who were able to exercise their warrants early.
CEO Dyakowski: "With continued drilling of step out targets to the West of the main contention Zone the project's scale continues to grow as we continue our largest ever drill campaign..."
Black Mammoth Metals feels that the recent work-up at Big Bear, including the newly delineated Target Zone, suggests that a larger undiscovered copper system may exist on the Property.
