(Vancouver, July 22, 2022): Mineral Mountain Resources Ltd. (“Mineral Mountain” or the “Company”) (TSXV: MMV) (MNRLF: OTCQB) (M8M-FRANKFURT) announces that the Company intends to extend the exercise period of 5,330,600 outstanding share purchase warrants, all of which are exercisable at $0.40 per share (collectively, the “Warrants”). The new expiration dates of the Warrants will be March 31, 2023.
The Company also intends to extend the exercise period of 1,333,340 outstanding share purchase warrants, all of which are exercisable at $0.30 per share (collectively, the “Warrants”). The new expiration dates of the Warrants will be March 31, 2023.
The exercise price of the Warrants will remain unchanged. The Warrant extension is subject to the acceptance of the TSX Venture Exchange.
About Mineral Mountain Resources and the Rochford Gold Project
Mineral Mountain Resources Ltd., through its wholly owned subsidiary Mineral Mountain Resources (SD) Inc., with a strong technical team, is focused on the exploration and, if warranted, development of its 100%-owned Rochford Gold Project situated along the highly prospective Homestake Gold Belt in the Black Hills of South Dakota, U.S.A. The Rochford Project covers in excess of 7,500 acres and covers five major trends of structurally thickened auriferous iron formation comparable to the ledge-type gold mineralization developed at the Homestake Mine.
Since 2013, the Company has continued to expand its land position in the Rochford gold district by professional claim staking and also by purchasing strategically located private properties that fall along two of the major sub-parallel structural trends that host Ledge-type gold mineralization. The Company now owns the largest land position in the Rochford greenstone belt and now possesses by far the largest and most comprehensive database for the district in modern day exploration history. The Rochford Project is vastly under-explored and has the potential to host several district scale gold discoveries.
On Behalf of the Board of Directors
MINERAL MOUNTAIN RESOURCES LTD.
“Nelson W. Baker”, President and CEO
For further information, please contact:
Brad Baker, Vice-President Corporate Development & Director
(778) 383-3975 bbaker@mineralmtn.com
Or visit our website: www.mineralmtn.com
Neither the 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.