Business
Mammoth Provides Year-End Update on Activities at its Tenoriba Gold-Silver Property, Mexico
(TheNewswire) Toronto, Canada – TheNewswire - December 23 , 20...
About this update from Mammoth Resources Corp.
[{"type":"text","content":"Mammoth Provides Year-End Update on Activities at its Tenoriba Gold-Silver Property, Mexico\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Toronto, Canada –\n \n \n \n \n TheNewswire -\n \n \n \n December 23\n \n \n \n ,\n2022 - Mammoth Resources Corp. (TSXV:MTH), (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 ongoing activities\nat its Tenoriba gold-silver exploration property in the Sierra Madre\nprecious metal belt, Mexico. The Mammoth team would also like to take\nthis opportunity to extend their gratitude to shareholders and\nstakeholders for their support during the year and to wish them happy\nholidays / felices fiestas together with their warmest wishes that\n2023 bring good health, happiness, and prosperity!\n \n \n \n \n Only last week, the Company reported results from the\nfinal six drill holes of a 27-hole diamond drill program for a total\nof\n \n 3,244.25 metres (m) in 27 holes\n \n , bringing the\ntotal number of holes drilled on the property to 55 holes totaling\n8,518.25 m testing five target zones, within three project areas; El\nMoreno, Masuparia and Carneritos, targets within these project areas\nwhich measure from hundreds of metres to over one kilometre (km) in\nstrike length along a 4 km, east-west trend of gold-silver\nmineralization identified in 3-dimensional (3D) modelling\nincorporating data from over 3,000 soil, chip and channel samples, 26\nprior diamond drill holes, geological and structural mapping, and the\npotential continuity at depth of surface mineralization as indicated\nby an Induced Polarization/Magnetometer (IP/Mag) geophysical survey.\n \n \n \n \n Mammoth is now in the process of advancing additional\nstudies based on the results of these 27 drill holes, including\npreliminary metallurgical testing utilizing material from holes\ndrilled in the Carneritos area of the property and the assessment by a\nthird party resource modelling expert on the recommended drill spacing\nenabling the calculation of a maiden mineral resource at Tenoriba and\nis in the process of drafting a technical report, to be posted on the\nCompany website, describing findings, conclusions and recommendations\nfor future work a result of these exploration activities.\n \n \n \n \n Thomas Atkins, Pre...