MMV-TSX-V
MNRLF-OTCQB
M8M-FRANKFURT
VANCOUVER, BC, Nov. 23, 2021 /CNW/ - Mineral Mountain Resources
Ltd. ("Mineral Mountain" or the "Company") (TSXV:
MMV) (OTCQX: MNRLF) (FRANKFURT: M8M) announces that the Company
intends to extend the exercise period of a remaining total 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 June 5, 2022. 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 a grand total of 7,885 acres including 476
unpatented BLM claims and 67.45 acres on patented land and blankets
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
Forward looking information
This release contains "forward-looking information" within the
meaning of applicable Canadian securities legislation
("Forward-looking information"). Forward-looking information
includes, but is not limited to, statements that address
activities, events or developments that the Company expects or
anticipates will or may occur in the future, including such things
as future business strategy, competitive strengths, goals,
expansion, growth of the Company's businesses, operations, plans
and with respect to exploration results, the timing and success of
exploration activities generally, permitting time lines, government
regulation of exploration and mining operations, environmental
risks, title disputes or claims, limitations on insurance coverage,
timing and possible outcome of any pending litigation and timing
and results of future resource estimates or future economic
studies.
Often, but not always, forward-looking information can be
identified by the use of words such as "plans", "planning",
"planned", "expects" or "looking forward", "does not expect",
"continues", "scheduled", "estimates", "forecasts", "intends",
"potential", "anticipates", "does not anticipate" or "belief" or
describes a "goal" or variation of such words and phrases or state
that certain actions, events or results "may", "could", "would",
"might" or "will" be taken, occur or be achieved.
Forward-looking information is based on a number of material
factors and assumptions, including, the result of drilling and
exploration activities, that contracted parties provide goods
and/or services on the agreed timeframes, that equipment necessary
for exploration is available as scheduled and does not incur
unforeseen break downs, that no labour shortages or delays are
incurred, that plant and equipment function as specified, that no
unusual geological or technical problems occur, and that laboratory
and other related services are available and perform as contracted.
Forward-looking information involves known and unknown risks,
future events, conditions, uncertainties and other factors which
may cause the actual results, performance or achievements to be
materially different from any future results, prediction,
projection, forecast, performance or achievements expressed or
implied by the forward-looking information. Such factors include,
among others, the interpretation and actual results of current
exploration activities; changes in project parameters as plans
continue to be refined; future prices of gold; possible variations
in grade or recovery rates; failure of equipment or processes to
operate as anticipated; the failure of contracted parties to
perform; labour disputes and other risks of the mining industry;
delays in obtaining governmental approvals or financing or in the
completion of exploration, as well as those factors disclosed in
the company's publicly filed documents. Although the Company has
attempted to identify important factors that could cause actual
actions, events or results to differ materially from those
described in forward-looking information, there may be other
factors that cause actions, events or results not to be as
anticipated, estimated or intended. There can be no assurance that
forward-looking information will prove to be accurate, as actual
results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not
place undue reliance on forward-looking information.
SOURCE Mineral Mountain Resources Ltd.