Latest news with #BlackMammoth
Cision Canada
22-07-2025
- Business
- Cision Canada
Black Mammoth Metals Samples up to 717 g/t Silver with 210 g/t Average at Amador, NV
BMM: TSX-V VANCOUVER, BC, July 22, 2025 /CNW/ - Black Mammoth Metals Corporation (TSXV: BMM) (OTC: LQRCF) ("Black Mammoth" or the "Company") is pleased to report assay results from the recently completed rock chip sampling program conducted at its Amador Silver property ("Amador" or the "Property") situated in Lander County, Nevada and is located on the west side of the Toiyabe Range, approximately 7.3 km (4.54 miles) north of the historic silver mining town of Austin. The silver mineralization is hosted in a quartz vein shear which appears to have been developed along a contact zone of Devonian sediments (Slaven Chert) with plutonic intrusive. Previous operators have reported 3-to-12-meter drill intervals of significant silver mineralization, which have not been followed up to date. Black Mammoth's sampling program along the exposed quartz shear and from the nearby historic mining dumps consisted of 19 rock chip samples. A multi-element assay package was then used with the objective to confirm historical sample results and to assess the silver potential of the Property. As a result, the 19 rock samples had silver contents that averaged 210.3 g/t (6.76 oz/t), ranging from 1.7 g/t to 717 g/t (23.04 oz/t) (see Table 1 & Figure 1), accompanied by strong trace element contents with As up to 3350 ppm, as well as Sb (484 ppm) and Se (94.1 ppm) with most exposures near the historic mining locations and along the range-front (see Figures 2 & 3). Based on the results of the new rock samples, estimated thickness and strike-length of the quartz vein shear, the Company is encouraged to continue with further exploration. Since additional silver mineralization is suspected to continue down-dip under cover to the east and can potentially be down dropped along the range-front fault in the west, the Company intends to conduct an induced polarization survey to determine the best locations for a first phase drilling program. Acquisition Terms (in USD) and Claims Staking: Black Mammoth optioned 5 federal mining claims covering the key ground at Amador (the "Option") from a private vendor in March 2024 by making an aggregate of $25,000 in cash payments (paid). These claims were considered a non-core asset, and they are now 100% owned by Black Mammoth. The Company has since staked additional claims at Amador with its' claims position now totaling approximately 172 hectares (425 acres). The Amador claims are administered by the Bureau of Land Management and the US Forestry Service. There are no royalties, work commitment amounts, finder's fees or share compensation in connection with the Option. The Company continues to acquire non-core exploration interests in the western US, by purchase and by staking. About Black Mammoth Metals Corporation: In the past 18 months, Black Mammoth Metals has acquired 100% interest in: 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 18 months ago). 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. Quality Assurance/Quality Control: All sampling is conducted under the supervision of the Company's project geologists and the samples are taken to the ALS Laboratory (ALS) in Reno or Elko, Nevada for preparation and analysis. The ALS PREP-31 package was utilized for sample preparation. In this package, each sample is crushed to better than 70%, passing 2mm, then a 250-gram riffle split is then taken. This split is pulverized to a target of 85% passing 75 microns; and a 30-gram portion of this pulverized split is digested by Four Acids. A 41-element suite is run on the sample using the ALS ME-MS 41 multielement package. This method utilizes Aqua regia digestion followed by low detection ICP-MS (Induced Coupled Plasma) finish. Overlimit silver samples were processed using ALS' OG46 Aqua Regia digestion followed by ICP-AES analysis. ALS Laboratories have ISO 9001 and 17025 accreditations. Black Mammoth Metals Corp's QA/QC program includes regular insertion of CRM standards, duplicates and blanks into the sample stream with a stringent review of all results. ALS also undertakes their own internal coarse and pulp duplicate analysis to ensure proper sample preparation and equipment calibration Mark J. Abrams, CPG #11451, a Qualified Person as defined under National Instrument 43-101 - Standards of Disclosure for Mineral Projects (" NI 43-101") and director of Black Mammoth, has reviewed and approved the technical content in this release. On behalf of the board, "Dustin Henderson" Dustin Henderson, BBA President & CEO Website: This press release contains forward-looking statements and forward-looking information (collectively, "forward looking statements") within the meaning of applicable securities laws. All statements, other than statements of historical fact, included herein, including statements regarding the Company's completion of the Transaction and related transactions are forward-looking statements. Forward-looking statements are typically identified by words such as believe, expect, anticipate, intend, estimate, postulate and similar expressions or are those which, by their nature, refer to future events. Although the Company believes that such statements are reasonable, there can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future performance, and that actual results may differ materially from those in forward-looking statements. Important factors that could cause actual events and results to differ materially from the Company's expectations include that the requisite corporate and TSXV for the Transaction may not be obtained; that the Company or IDA Mining, as applicable, may be unable to satisfy any or all closing conditions necessary for the completion of the Transaction; and other risks that are customary to transactions of this nature. Trading in the securities of the Company should be considered highly speculative. All the Company's public disclosure filings may be accessed via and readers are urged to review these materials, including the latest technical reports filed with respect to the Company's mineral properties. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Yahoo
17-07-2025
- Business
- Yahoo
Banking Experts: 7 Tricks To Make the Most of Your Accounts
Modern banking offers more tools than ever, but too many Americans are leaving money on the table by treating banking as an afterthought. Whether you're underusing digital features or staying in underperforming accounts, it's easy to miss out on the growth and features that could work better for your financial goals. Find Out: Read Next: We asked three banking professionals how to maximize the accounts you already have — and how to know when it's time to switch. Treat Your Bank Account Like a Financial Command Center Instead of dumping money into your bank account and hoping for the best, it's better to treat it like your financial command center,' said Stoy Hall, CFP and founder and CEO of Black Mammoth. 'Most people treat it like a trash bin … They're not using the features already built in to make their money work for them.' Using your accounts strategically means planning where every dollar will go and building toward goals. Check Out: Stop Sleeping on Built-In Tools and Features Hall finds 'underutilization' to be a common problem for many bank users. If you aren't using the numerous automated functions on your accounts, you're missing out on efficiency and the potential growth of your money. 'Apps or digital banking platforms allow members to view their finances in real time, making budgeting a breeze,' he said. Hall pointed out that most accounts allow you to automate savings, provide transaction alerts and some even have cash-back offers, but most people aren't using them. Use Multiple Accounts to Your Advantage If your paycheck gets put into one account, or one type of account only, you're also missing out on financial growth and budgeting techniques, Hall said. Whether you think in 'buckets or goals,' Hall said labeling your money makes it real. 'That's financial therapy in action.' He recommended, 'Think categories … Make it feel like a game you're trying to win, not a punishment from your broke upbringing.' Second, don't miss out on interest-earning high-yield savings or money market accounts where your money can beat inflation and keep on growing. Avoid Overdraft Fees Like a Pro All kinds of banking fees can eat away at your bank balances without you even realizing it. First, use banks that offer overdraft grace periods, Hall recommended. And always keep a buffer in your checking. 'To avoid any overdraft fees … I recommend customers or members make purchases from their credit card instead of their regular checking or savings account,' said Brandon Stout, a relationship advisor for an Addition Financial Credit Union branch in Florida. Know When It's Time To Switch Banks Banks are not all created equally, so look for red flags that are signs you should be going elsewhere, such as high fees or too many fees, inaccessible or confusing mobile tools and low APY on your interest-earning accounts. 'If your bank is giving you 0.01% interest, charging you $10 a month … Leave. Immediately,' Hall insisted. If you're not sure where to go next, Stout offered, 'Choosing a bank or credit union really comes down to what your financial goals and aspirations are.' Gates Little, CEO and president of altLINE and The Southern Bank Company in Alabama, suggested community banks, because they often provide 'relationships that can last decades due to the stability of their personnel.' Build a Real Relationship With Your Bank Hall and Little both emphasized that banking should be personal, not transactional. It's another point in favor of smaller, community-based banks. 'Having a banker who knows you can be a valuable resource as your needs change over time,' Little said. And Stout pointed out, 'Many customers prefer a banking partner where they have built a strong relationship built on respect and trust.' Automate, Research and Ask Questions To make the most of any bank accounts, be sure you: Automate everything (savings, bill pay, transfers). Research your bank's features. Ask the right questions. At the end of the day, you have to take a proactive approach to your banking to make your accounts work for you. More From GOBankingRates Mark Cuban Warns of 'Red Rural Recession' -- 4 States That Could Get Hit Hard 8 Common Mistakes Retirees Make With Their Social Security Checks How Much Money Is Needed To Be Considered Middle Class in Your State? This article originally appeared on Banking Experts: 7 Tricks To Make the Most of Your Accounts
Yahoo
26-06-2025
- Business
- Yahoo
Here's Why Taking Out a Personal Loan in 2025 Can Make You Wealthier by 2026
A personal loan might not seem like the first step toward building wealth. However, when used strategically, it can help you get ahead financially, sometimes within just a year. 'A personal loan is like fire,' said Stoy Hall, CEO and founder of Black Mammoth, a financial services company. 'Used right, it can warm your house or cook your food. Used wrong, it burns your whole financial future down.' Learn More: Read Next: From consolidating high-interest debt to funding career growth, launching a rental space or upgrading a small business, the right loan can unlock real opportunities. Here's why taking out a personal loan in 2025 can make you wealthier by 2026. Using a personal loan to fund career advancement, such as certifications, specialized training or degree programs, can significantly increase a person's earning potential. 'For example, if you're in a technical field and want to level up, investing in a high-demand certification like AWS (Amazon Web Services) or PMP (Project Management Professional) can increase your earning potential by $10,000 to $20,000 annually,' said Doug Crawford, president and founder of Best Trade Schools. When done strategically, Crawford said this type of investment often leads to promotions, higher-paying roles or successful career pivots that more than offset the cost of the loan. 'If you're in a job with a stagnant salary but are willing to put in the effort to learn new skills or improve your knowledge, a loan can help cover the cost of that training,' Crawford said. 'By consistently upskilling, you could see those salary increases within the first few years, making the loan a worthwhile investment.' Consider This: Taking out a personal loan to combine multiple high-interest debts into a single lower-interest payment can lead to immediate monthly savings. 'Personal loan rates today can run from around 8% to 36% (or more), largely dependent on credit scores,' said Kyle Enright, president of lending at Achieve. 'Average credit card rates today are over 20%. So, if someone can qualify for a personal loan at a rate significantly lower than the rate on their credit card, they can use the funds from the loan to pay off the credit card debt.' Before taking out a personal loan, it's important to do the math. Experts said the most effective uses of personal loans are those that create more value than they cost in interest, especially when consolidating high-interest debt. 'If you're consolidating debt, this is just the calculation of whether the interest on the consolidated loan will be more or less than the total interest on all the debts you're paying now,' said Ari Weisbard, a tax and estate planning attorney. 'You can find the average interest rates on your current debts by totaling up all the interest you're paying (multiplying each interest rate by its loan balance remaining) and dividing by the total of all your loan balances.' Those savings can be redirected toward building wealth, such as investing, saving or paying off the loan faster, potentially improving net worth within a year. A personal loan can fund upgrades that turn a home, or part of it, into a profitable rental. Whether furnishing a space for short-term guests or renovating a basement for long-term tenants, these investments can quickly generate extra income and offset housing costs, helping to build wealth within a year. 'A personal loan can be used to invest in real estate,' said Aaron Razon, a personal finance expert at Couponsnake. 'However, this strategic move should be backed by a well-thought-out financial plan and a solid understanding of the risks and rewards.' Experts said homeowners should prepare for potential pitfalls, such as rising renovation costs due to inflation or slower-than-expected rental demand. 'It all comes down to how the numbers shake out, the certainty of growth and your tolerance for risk,' said Nick Birkby, user experience research lead at Flex, a fintech company. 'If you're borrowing at 10% and expecting a 5% return, you're digging a deeper hole.' More From GOBankingRates Mark Cuban Warns of 'Red Rural Recession' -- 4 States That Could Get Hit Hard The New Retirement Problem Boomers Are Facing Warren Buffett: 10 Things Poor People Waste Money On This article originally appeared on Here's Why Taking Out a Personal Loan in 2025 Can Make You Wealthier by 2026 Sign in to access your portfolio
Yahoo
16-06-2025
- Business
- Yahoo
I'm a Financial Planner: The Worst Financial Meltdown I've Seen (and What To Learn From It)
We've all made money mistakes: Missed payments, impulse buys or that one time we thought crypto was definitely our ticket to riches. But every now and then, you witness a financial meltdown so wild, it sticks with you. GOBankingRates spoke with Stoy Hall, certified financial planner (CFP) and CEO of Black Mammoth, to discuss the worst financial meltdown he's seen and what we can all learn from it as a result. 'The worst financial meltdowns I've witnessed in my career had almost nothing to do with the actual money,' said Hall. Learn More: For You: Instead, he said they were emotional breakdowns — internal explosions triggered by years of financial trauma, unrealistic expectations and a society that sells you 'get-rich-quick' like it's on clearance. Here's what happened. According to Market Watch, 57% of Americans are living paycheck to paycheck in 2025. 'One client, like many others I've worked with, came to me out of pure desperation,' Hall explained. They had been living paycheck to paycheck, drowning in credit card debt and decided they were finally 'ready' to change — but only if it happened fast. Hall said they hired him, enrolled in courses and bought all the budgeting tools. Then came the test: An unexpected car repair. 'That single event shattered everything. They stopped following the plan,' the CFP said. The client charged the repair to a high-interest card. Then they ghosted him and blamed the plan, not the behavior. That meltdown? It wasn't about the car — it was about emotional instability around money. Find Out: According to Hall, this is what people don't realize: Wealth isn't built in a straight line — it's built in the dark, behind the scenes, over time. 'If it took you 10, 20, 30 years to build bad habits, trauma, and debt… what makes you think you can reverse it in six weeks? That's delusional,' he said. The first step in financial healing, Hall explained, isn't opening an app — it's digging into your first money memory. That moment in childhood — maybe it was scarcity, maybe it was watching your parents fight over bills, maybe it was being told 'we can't afford that' — that shaped your relationship with money today. 'Until you address that, you'll always self-sabotage,' Hall said. 'You'll think budgeting is punishment, investing is gambling and credit is survival.' But true financial transformation starts with reprogramming your mindset, not downloading another budget template. 'And let me say this as plainly as I can: You are not the expert in your finances — yet,' said Hall. He noted that if you had the tools and the emotional stability to manage your money correctly, you wouldn't be in crisis. 'That's not judgment — that's reality,' the CFP added. The problem is, the people who need help the most often trust themselves the least and refuse to trust professionals. It's a paradox, said Hall. Meanwhile, the wealthy — the truly wealthy — hire teams, strategists and advisors. They don't pretend to know it all. They focus on their zone of genius and trust others to help guide their path. 'But middle- and lower-income households? They'll burn through $10,000 trying to 'figure it out themselves' rather than paying $1,000 for a solid strategy,' Hall explained. 'That mindset is what keeps people broke, not just their income.' Hall's biggest advice? Trust the process. Trust the professional. And most of all, give yourself grace while you rebuild. 'Financial freedom isn't a destination. It's a lifestyle. It's not something you get, it's something you grow into.' More From GOBankingRates 6 Popular SUVs That Aren't Worth the Cost -- and 6 Affordable Alternatives This article originally appeared on I'm a Financial Planner: The Worst Financial Meltdown I've Seen (and What To Learn From It) 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
Yahoo
02-06-2025
- Business
- Yahoo
7 Tips to Support Aging Family Members When You Live Far Away — Without Going Broke
According to a recent survey by Choice Mutual, one in three Americans lives more than 100 miles away from their parents. When it comes to caregiving duties for elderly parents, 70% noted that the biggest concern was the emotional toll and burnout. Discover More: Find Out: It's also worth noting that for 67.59% of Americans, the next most significant concern is financial strain, as the idea of financially supporting parents can be stressful. How can you help your parents financially as they age without putting too much strain on your own bank account? Here are seven tips from the experts to ensure that you don't go broke and burn out in the process of caring for your elderly parents who live far away. 'The first step is to have a conversation on the topic with your parents,' said Chad Gammon, a CFP and the owner of Custom Fit Financial. 'That way, you're on the same page with your parents on any expectations or responsibilities.' You want to have crucial discussions with your parents early on in the process so that you're not on different pages when it comes to expectations. The Choice Mutual piece also mentioned that even though discussing finances can be challenging, it's encouraged that you do so before your parents have their ability to make decisions hindered by cognitive or physical factors. Stoy Hall, a CFP and founder of Black Mammoth, recommends starting with transparency instead of making assumptions. He stressed that you don't want to wait until a health crisis forces you to have this discussion. Here are some of the subjects you'll want to discuss with your parents: How much savings do they have? If they have any debt. Policies and pensions that you should know about. Their bills and how they're being managed. Hopefully, your parents are willing to share financial information so that you can stay informed. If you're overwhelmed, you can also work with a financial professional who will help you make sense of everything. Gammon advises setting boundaries and ensuring that you don't entangle your finances. You want to set clear boundaries early on so that your parents don't try to ask you to co-sign a loan or to open up a joint bank account. Hall added, 'You've got your own bills, your own kids maybe, and your own retirement goals. So set the boundaries now.' Agreeing to help financially with everything can be overwhelming and may lead to future resentment. If you live far away, you may also want to set boundaries on visitations and how often you can make it down. The Choice Mutual report found that approximately half of Americans are concerned about how providing elderly care duties could affect their careers and work-life balance. Kelsey Simasko, an attorney at Simasko Law, urges that you become as tech-savvy as possible if you're caring for parents who live far away. If you're managing someone's finances from miles away, you'll want to be comfortable emailing, scanning documents and using online banking tools. Here are a few key ways you can use technology to help with the care: Set up auto-pay for recurring bills if they're forgetful. Use refill services for prescriptions. Explore remote monitoring tools for health or home safety. While technology won't replace the human touch, it will buy you some time and sanity if you live far away. You don't want to be stuck driving back and forth every single weekend to pay bills and manage accounts. You also don't want to have your parents fall behind on bills because they forgot to pay, which could add to the financial strain. You want to remember that you're not alone when it comes to caring for elderly parents. Hall recommends checking out options such as local senior aid programs, Medicaid eligibility, low-income utility assistance or Meals on Wheels. These services can help you save some money and provide assistance when you're not able to make it. You'll want to try to get your other siblings and relatives involved to divide the load when caring for parents who live far away. You can decide who will manage appointments, who is responsible for check-ins, and who will help cover the bills. The worst-case scenario is when one person carries the entire load because this can be financially and emotionally draining. Simasko shared that you want to enlist some assistants who live close by. Asking for help is hard, but if a trusted neighbor can send you pictures of bills to be paid or investments about to come due, it will make life a lot easier in the long run. If you don't have any siblings, you can build a community through trusted neighbors, church groups and other associations. According to an annual report from the FBI, older Americans lost almost $4.9 billion to fraud in 2024, with an average loss of $83,000. You want to ensure that your parents have the right financial tools and resources on their side, so they don't fall victim to scams and their bills are covered. Hall suggested that if your parents have equity in a home, a HELOC or downsizing could be the logical next step. If they have retirement assets, consider consulting a professional to analyze their withdrawal strategy. You want to ensure that all financial tools are utilized so that you don't spend your savings on trying to help your parents because you have to start thinking about your own retirement. More From GOBankingRates Warren Buffett: 10 Things Poor People Waste Money On 4 Affordable Car Brands You Won't Regret Buying in 2025 This article originally appeared on 7 Tips to Support Aging Family Members When You Live Far Away — Without Going Broke
