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Mammoth Receives Additional Drill Permit Expanding Area to be Drilled at its Tenoriba Gold-Silver Property, Mexico
(TheNewswire) Toronto, Canada - TheNewswire - December 2, 2...
About this update from Mammoth Resources Corp.
[{"type":"text","content":"Mammoth Receives Additional Drill Permit Expanding Area to be Drilled at its Tenoriba Gold-Silver Property, Mexico\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 December 2, 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 is pleased to\nannounce that the Mexican\n \n environment ministry\n \n ; Secretaría\ndel Medio Ambiente y Recursos Naturales (SEMARNAT) has approved\nMammoth’s application for an additional drill permit which allows\nfor an additional up to 182 drill sites and covers all of the\napproximately 6-kilometre (km) generally east–west trend of surface\ngold-silver mineralization sampled  on Mammoth’s 100% owned\nTenoriba gold-silver property located in the prolific Sierra Madre\nprecious metal belt, Mexico.\n \n \n Previously Mammoth had announced the transfer of the Centerra Gold\nCorp. initiated drill permit for 139 drill locations covering\napproximately half of the surface mineralized trend at Tenoriba to\nMammoth (refer to press release dated January 6, 2021). It was this\npermit upon which Mammoth has been conducting its recently announced\ndrilling. This additional drill permit expands upon this initial\npermit both in size of the area to be drilled, plus brings the total\nnumber of permitted drill hole locations to 321 over this entire\napproximately 6-km trend.\n \n \n \n Thomas Atkins, President and CEO of\nMammoth commented on the receipt of this drill permit, stating:\n \n \n \n \n “It\nwould be incorrect to give the impression that Mammoth is at this time\npreparing to drill 321 drill locations. In applying for this\nadditional permit, the study and submission costs of which are\nessentially similar whether applying for 50 or 182 additional\nlocations, we wanted to have the flexibility in the coverage of drill\nhole locations and expanse of the large surface mineralized trend and\nas such we applied for the number of holes we did. The drill program\ncurrently underway will soon be shifting drilling into portions of\nthese newly permitted areas, both further west and east of what had\npreviously been permitted by Centerra with the permit transferred to\nMa...