Black Mammoth will begin a drilling program at its Happy Cat property in an effort to better understand the potential for gold mineralization.
Black Mammoth ('Company') is pleased to announce that it intends to commence a drill program this month at its 100% owned Happy Cat property ('Property'). The Company has received confirmation from the Bureau of Land Management that the required permit and bond are in place. Reverse circulation drilling of approximately 1500 meters will allow the Company to further understand the structure and stratigraphy at Happy Cat.
The results are expected to refine drill targets for a more significant follow-up drill program. The drilling will take place within the approximate 4 square kilometer main area of interest where hydrothermal fluids may have been present ('Alteration') under the relatively thin layer of volcanics that the Company has identified through its past work-up activities which include: results indicate significant NW trending faults ('NW Faults') substantially spanning the Property and intersecting the known northerly trending high angle faults ('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. Areas along these faults and at their intersections, where hydrothermal fluids may have been present, are prospective drill targets as these fluids are typically associated with gold mineralization. Results indicate the density of the Alteration and its' density contrast relative to the host rock is typical to that of alteration zones present at other results confirm that significantly elevated mercury values occur over interpreted structures. These are thought to be leakage anomalies, where locally higher permeability and the resultant oxidation of mercury containing minerals releases mercury to the surface
DRILLING EXPLORATION GOLD HYDROTHERMAL FLUIDS GEOLOGY
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