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Mammoth Minerals Limited (ASX:M79)

ALERT: Price-sensitive ASX Announcement for M79
Current share price for M79 : $0.040 -0.006 (-13.04%)+
Announcement
Release
9 Apr 2026 8:19AM
Price at Release
$0.046
Full Release
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Summary
Mammoth Minerals Limited has identified multiple high-grade gold and critical mineral targets at their Excelsior Project in Nevada, USA. Following a regional exploration program in late 2025, six high-priority targets were defined across the project area, including the Blue Dick, Kentucky, Stantz, Buster East, and Reliance sites. The Blue Dick site showed significant rock chip results with high levels of silver, antimony, and copper, while Kentucky and Stantz trends also revealed substantial polymetallic mineralisation. These results have prompted immediate follow-up actions to advance the targets to drill-ready status, aligning with the US priority for domestic supply sources of critical minerals like antimony. Further updates on the exploration and drilling progress are anticipated. The company also holds significant land packages in Peru targeting large-scale copper deposits.
Key Points
  • Mammoth Minerals Limited identifies multiple high-grade targets at Excelsior.
  • Six high-priority target areas defined from late 2025 exploration program.
  • Blue Dick site reveals high silver, antimony, and copper levels.
  • Kentucky and Stantz trends show significant polymetallic mineralisation.
  • Immediate follow-up actions to advance targets to drill-ready status.
  • Aligns with US priority for domestic critical mineral supply.
  • Further exploration updates expected, company also targets copper in Peru.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.