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Mammoth Minerals Limited (ASX:M79)

ALERT: Price-sensitive ASX Announcement for M79
Current share price for M79 : $0.040 -0.001 (-2.44%)+
Announcement
Release
14 Jul 2026 8:25AM
Price at Release
$0.041
Full Release
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Summary
Mammoth Minerals Limited has reported substantial high-grade mineral results from the Excelsior Springs Project located in Nevada, USA. These results have identified several high-priority drill targets across the Blue Dick, Buster, and Imperial areas. The exploration focuses on a robust pipeline of targets with significant bonanza-grade silver, gold, and copper findings. The company is proceeding with preparations for a Reverse Circulation drilling campaign to further explore these promising targets, aiming to capitalize on the geological similarities with nearby successful projects like Blackrock Silver's Tonopah West Project.
Key Points
  • Mammoth Minerals Limited is conducting exploration at the Excelsior Springs Project in Nevada.
  • Significant high-grade silver, gold, and copper results were identified, defining multiple drill targets.
  • Key target areas include the Blue Dick high-grade trends, Imperial Mine extensions, and newly identified Railroad targets.
  • Preparations are underway for a Reverse Circulation (RC) drilling campaign to test these targets.
  • Mammoth Minerals aims to leverage the mineral system similar to that of Blackrock Silver's Tonopah West Project.
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.