VANCOUVER, BC — February 12, 2026 — Leads & Copy —
Black Mammoth Metals Corporation (TSXV: BMM) (OTC: LQRCF) has announced the results of a pole-dipole induced polarization (IP) survey at the Happy Cat South target, located within the Company’s South Ravenswood property at the southern end of the Rabbit Creek Gold Trend, Lander County, NV. The Company has also staked 66 additional unpatented lode claims (approximately 551 hectares) on lands managed by the Bureau of Land Management (BLM).
The IP survey identified a large target area at Happy Cat where the chargeability high and resistivity high coincides with a gravity high. The geophysical anomaly is situated mainly east of a 600m diameter gold mineralized zone and is open to the north, but mostly to the south. The east-west IP lines (3) were spaced 275m apart.
Exploration activity conducted by previous operators, including reverse circulation drilling, trenching, auger drilling, and rock and soil sampling, confirmed the presence of a gold mineralization zone with no clear source of the mineralization identified (see Company’s news release dated November 25, 2020).
Black Mammoth’s 2022 ground gravity survey covered a 12 square km area and revealed a prominent gravity high indicative of a potentially uplifted basement block (horst) beneath volcanic cover and is coincident with the gold mineralized zone which represents a target zone (see Company’s news release dated September 14, 2022).
The Company plans to further investigate this target zone, which may include inversion modelling and other work-up activities to refine drill targets. There is an active Notice level drilling permit issued by the BLM and a reclamation bond in place.
Since January 2024, Black Mammoth Metals has acquired a 100% interest in the following properties:
- West Reveille Silver property, Nye County, NV.
- Tom’s Pediment Gold-Silver property, Lander County, NV.
- Mustang Gold-Silver property, Nye County, NV.
- Ramsey Silver property, La Paz County, AZ.
- Gallinas Rare Earth property, Lincoln County, NM.
- Amador Silver property, Lander County, NV.
- Big Bear Copper property, Gila County, AZ.
- Zulu Gold property, Gila County, AZ.
- Northern Star property, La Paz County, AZ.
- Coal Canyon Gold property, Pershing County, NV.
- Island Mountain Gold District (including Coleman Canyon, St. Elmo and Diamond Jim (Ag, Pb, Zn, Sb)), Elko County, NV.
- Clover High-Grade Gold property, Elko County, NV.
- Leadore Silver-Lead-Rare Earth Elements property, Lemhi County, ID.
- East Reveille Gold property, Nye County, NV.
- America Mine Gold property, San Bernardino, CA.
- Quito Gold property, Lander County, NV.
- South Ravenswood Gold District (including the Raven, and Happy Cat properties) Lander County, NV. (Happy Cat was purchased prior to January 2024).
- Callaghan Gold District (including North Callaghan, Charlie, Cottonwood and Rast properties), Lander County, NV.
Black Mammoth also has a 100% interest in the Blanco Creek Gold property in the Elk Creek Mining District, central Idaho, which hosts three historic underground mines along 3,550 meters (11,644 feet) of strike on the north-east trending regional Blanco Shear Zone.
Mark J. Abrams, CPG #11451, a Qualified Person as defined under National Instrument 43-101, has reviewed and approved the technical content in this release.
Source: Black Mammoth Metals Corporation
