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Mammoth Resources Corp.

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Summary

Project:

Tenoriba

Deposit:Tenoriba
Location:Mexico
Commodities:Gold-Silver
Date:1/23/2018
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:23-1-2018: Mammoth Resources Corp. announces an Exploration/Drilling Update report for its Tenoriba deposit at the Tenoriba project. Drilling results incl. 30m @ 0.77g/t Au, 2g/t Ag from 169m. TORONTO, Jan. 23, 2018 (GLOBE NEWSWIRE) -- Mammoth Resources C
Resources:x
CP/QP:[Overall Report]: Richard Simpson (Internal)
ABSTRACT:TORONTO, Jan. 23, 2018 (GLOBE NEWSWIRE) -- Mammoth Resources Corp. (TSX-V:MTH), (the “Company”) is pleased to announce results from the first two diamond drill holes on its Tenoriba precious metal property in southwestern Chihuahua State, Mexico. The results are for two of three planned holes in the El Moreno area, located 1.4 kilometres west of the only holes previously drilled and reported on the property and are the first drill holes ever drilled into the El Moreno area. Results are shown in the table below and drill hole locations and sections illustrating the location and depth of the mineralized intervals relative to the geophysical features and topography of the area are available on the Company's website under the 'Projects' section 'Maps, Images and Photographs' at the following link: http://www.mammothresources.ca/i/pdf/2018-01-23_Drill_Results_Images_PR-1.pdf. Thomas Atkins, President and CEO of Mammoth, commented on the initial drill results stating: “We're very pleased with these initial results! The objective of this drilling is to test for the first time the depth extension of surface mineralization along a 6 kilometre trend identified by Mammoth. These initial results begin to confirm the continuity of potentially economical surface mineralization at depth along this trend. "This is the first drilling on the property following 10 of 15 holes drilled in 2008, reporting potentially economical mineralization over 0.4 kilometres of the 6 kilometre trend. These initial intersections of potentially economical gold at the El Moreno area are located 1.4 kilometres west of the area previously drilled. Although these intersections occur at considerable core lengths, vertical depths below surface mineralization are significantly shallower due to the angle of the drill hole and the slope of the ground at these locations.

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