Magnetic Survey Results From The Happy Cat Gold Property


VANCOUVER - Black Mammoth Metals Corporation reported that it completed UAV magnetic survey (the "Mag Survey"), covering the 1113 hectares (2750 acres) Happy Cat gold property It indicates significant NW trending faults (the "NW Faults") substantially spanning the Property and intersecting the known northerly trending high angle faults (the "N Faults"). Numerous magnetic anomalies indicative of shallow intrusive structures are present along the N Faults and the NW Faults with the most significant magnetic anomalies located near fault intersections (the "Intersections"). At many of the Intersections there is a significant magnetic low located along the fault with corresponding magnetic highs located on each side of the fault suggesting that magnetite associated with an intrusive structure may have been destroyed by hydrothermal fluids.

The N Faults, NW Faults and their Intersections warrant follow-up exploration with the intent to refine drill targets, testing the contact between the intrusive structures and the Paleozoic sedimentary strata, which includes the lower plate Roberts Mountain and upper plate Valmy formations. Plus testing areas along faults where hydrothermal fluids may have been present as these fluids are typically associated with gold mineralization in Carlin-type deposits. Faulting on the Property is of the correct orientation and age to have help formed Carlin-type deposits.