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How Will Mammoth’s Nevada Drilling Surge Shape Its Future After Paterson Sale?

9:26am on Monday 9th of February, 2026 AEDT Mining
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How Will Mammoth’s Nevada Drilling Surge Shape Its Future After Paterson Sale?

9:26am on Monday 9th of February, 2026 AEDT
Key Points
  • Divestment of 90% interest in Paterson Project to Cloudbreak Discovery PLC
  • Receipt of milestone-based shares as part of the sale consideration
  • Rapid progress in RC drilling at Excelsior Springs with over 3,350m completed
  • Targeted drilling aims to extend high-grade gold-silver mineralisation zones
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