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Mammoth Provides Update on Tenoriba Gold-Silver Property Exploration Activities, Preliminary Results from Infill Geophysical Survey
(TheNewswire) Toronto, Canada – TheNewswire - March ...
About this update from Mammoth Resources Corp.
[{"type":"text","content":"Mammoth Provides Update on Tenoriba Gold-Silver Property Exploration Activities, Preliminary Results from Infill Geophysical Survey\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n Toronto, Canada –\n \n \n \n \n TheNewswire -\n \n \n \n \n March 25, 2021 - Mammoth Resources Corp.\n(TSXV:MTH),\n \n \n \n \n (OTC:MMMRF),\n \n \n \n \n (the “Company”,\n \n \n \n \n or\n \n \n \n \n “Mammoth”)\n \n \n \n is pleased to provide an update on its exploration\nactivities at its 100% owned Tenoriba gold-silver property located in\nthe prolific Sierra Madre precious metal belt, Mexico, including\ngeological mapping and sampling and preliminary results from its\ninfill, Induced Polarization/Magnetometer (IP/Mag) geophysical survey\ndesigned to cover the 60% of the 6 kilometre (km) trend of\nmineralization not already covered by the Company’s earlier 2013\nIP/Mag geophysical survey.\n \n \n \n Mammoth is advancing detailed confirmation geological mapping and\nexpanded sampling with an infill IP/Mag geophysical survey and 3\ndimensional (3D) drill target modelling. This work follows up on\nactivities performed by Centerra Gold during its 21 months on\nMammoth’s Tenoriba property (Centerra notified Mammoth it was\nceasing its exploration activities in Mexico in September 2020,\nreturning 100% of the Tenoriba property to Mammoth - refer to\n \n \n press release dated September 22, 2020)\nand based on the recommendations, following a review by PhD geologists\nDrs. Ressel and Christensen of MDA/RESPEC consulting. The PhD study\nincluded a review of all historical data from exploration activities\nat Tenoriba, including mapping and sampling over 3,000 surface soil\nand rock samples and 26 drill holes totalling almost 5,000 metres (m)\nsporadically testing mineralization along 4 km of the 6 km trend of\nknown gold-silver mineralization (refer to press release dated\nFebruary 18, 2021) and concluded that “Tenoriba is a high-quality\nearly to mid-stage exploration project with potential to host an\neconomic high-sulfidation epithermal deposit”.\n \n \n Preliminary 3D modelling of the geophysical data (approximately 60% of\nthe survey is now complete), includes a currently processed, initial\n400 m interval, including one newly surveyed line 100 m east of all\nhistorical surveying and 3...