Mammoth Minerals (ASX:M79) has identified multiple ‘high-priority’ targets at its Excelsior Gold Project in Nevada, US.
A regional exploration program from late 2025 found multiple ‘high-grade’ gold and critical minerals targets at the project site.
Kentucky trend deposit rock chip samples have returned up to 5,580 grams per tonne (g/t) of silver from a 1.5km-long strike.
Blue Dick deposit rock chips samples have returned up to 1,219g/t of silver from a previously untested trend linked to the historical Blue Dick mine.
Stantz trend rock chip samples have returned up to 839g/t of silver from a 1.3km-long strike.
“Extensive historical shafts, underground development, and prospecting pits are evident throughout the project with a myriad of mineralisation styles,” Managing Director Glenn Poole says.
“The program has already confirmed six priority target areas with highly compelling surface sampling results, with the potential for further prospects to be defined… [and] of particular note is the presence of critical minerals including antimony, silver, and copper, alongside the significant gold results.”
Mammoth now plans to perform follow-up mapping, further extensive rock chip sampling programs, and both initial and “extensional” drilling.
Mammoth Minerals is a gold exploration company with assets in Canada, Peru, and the US.
Write to Richard Szabo at Mining.com.au
Images: Mammoth Minerals
