WALLACE, ID - Magellan Coper and Gold Corp. has entered into a letter of intent…
Sampling Program At The West Reveille Silver Property
VANCOUVER – Black Mammoth Metals Corporation reported on the recently completed rock chip sampling program conducted at its West Reveille Silver property situated in the Reveille Mining District, Nye County, Nevada and is located on the western Reveille Mountains. Reveille covers a historic primary silver camp that dates back to the 1870’s with only light modern-day exploration or drilling. The Reveille property consists of 32 unpatented lode claims on lands administered by the Bureau of Land Management (BLM) covering approximately 267 hectares (661 acres).
Exploration work has revealed and confirmed high-grade silver occurrences, accompanied by high lead, zinc, and copper concentrations, as well as elevated pathfinder elements (arsenic up to 1,360 ppm and antimony up to 3,110 ppm). The strike length of the exposed alteration zone is approximately 2 km. The silver and base metal mineralization appears to be associated with and occurs along the contact zones between younger felsic volcanic rocks (extrusive domes) and older country rock Paleozoic sediments. These contact zones are strongly silicified and exhibit vein textures characterized by quartz veins. A jasperoid zone discovered in the southwestern part of the Property is of special interest due to its potential for Carlin-type deposits in the pediment area. The Company sees exploration potential along the mineralized volcanic-Paleozoic contact zones, particularly beneath the pyroclastic cover and in the pediment, and plans several induced polarization (IP) surveys to test the target concepts.
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