April 9, 2018
Vancouver, B.C., April 9, 2018 – Black Mammoth Metals Corporation (TSX‐V: BMM / Frankfurt: LQK /OTCBB: LQRCF) (“Black Mammoth” or the “Company”) announces that pursuant to the exercise of warrants, Hollie Henderson, an Insider of the Company, received 675,000 common shares and as a result currently holds 1,729,000 common shares of the Company, representing 15.6% of the 11,081,871 common shares of the Company currently issued and outstanding.
Ms. Henderson has acquired the securities for investment purposes and may acquire further securities of the Company for investment purposes, in the market or privately, from time to time. A copy of the early warning report filed in connection with the acquisition of securities by Ms. Henderson is available for review under the Company’s profile on SEDAR (www.sedar.com).
About Black Mammoth Metals Corporation:
Black Mammoth has assumed a long-term lease with option to purchase for a 100% interest, subject to underlying royalties, in the Blanco Creek gold property in central Idaho. The Property has road access and consists of 40 Unpatented Federal Lode Claims hosting three historic underground mines along 3550 meters (11,644 feet) of strike on the north-east trending regional Blanco Shear Zone. Exploration by two previous operators identified a geological target for the Blanco Creek property in the order of 1.7 to 2.48 million tons, grading 0.20 to 0.33 oz/ton Au (1.54 to 2.24 million tonnes, grading 6.85 to 11.31 g/tonne Au); see the Company’s press release dated February 14th, 2017.
Black Mammoth cautions investors to note the potential quantity and grade of the geological target are conceptual in nature. A qualified person has not done sufficient work to classify the geological target as mineral resources as defined by NI 43-101, and it is uncertain if future exploration will result in the target being delineated as mineral resources.
On behalf of the board,
Dustin Henderson, BBA
President, CEO and Corporate Secretary
“Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."