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Mammoth Minerals Expands Excelsior Project Landholding by 340%

Story Highlights
  • Mammoth Minerals expands its Excelsior Project landholding by 340% to 83.6 square kilometers.
  • The expansion includes multiple historical mineral occurrences, enhancing Mammoth’s exploration potential.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Mammoth Minerals Expands Excelsior Project Landholding by 340%

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Firetail Resources Limited ( (AU:M79) ) has issued an update.

Mammoth Minerals Limited has significantly expanded its landholding at the Excelsior Gold-Silver Project in Nevada by 340%, now totaling 83.6 square kilometers. This strategic move includes multiple historical mineral occurrences such as gold, tungsten, antimony, and copper, with extensive ground disturbances identified through LiDAR imagery. The company has commenced prospecting activities, including mapping and rock chip sampling, to better understand the mineral systems and potential causative intrusion systems. This expansion positions Mammoth Minerals as a key player in the USA gold exploration sector, with the potential to uncover new target areas for further exploration.

More about Firetail Resources Limited

Mammoth Minerals Limited is a company operating in the mining industry, focusing on the exploration and development of gold assets in the USA. The company is actively working towards the commercialization of its portfolio to support the development of its gold assets.

Average Trading Volume: 886,229

Technical Sentiment Signal: Buy

Current Market Cap: A$69.23M

See more data about M79 stock on TipRanks’ Stock Analysis page.

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