Mammoth Reports Follow Up Drill Targeting at its Tenoriba Gold-Silver Property, Mexico and Provides Project Update

About this update from Mammoth Resources Corp.

[{"type":"text","content":"Mammoth Reports Follow Up Drill Targeting at its Tenoriba Gold-Silver Property, Mexico and Provides Project Update\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 July 22, 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 drill targeting\nactivities¸ recent field activities and timing to commence drilling\nat its 100% owned Tenoriba gold-silver property located in the\nprolific Sierra Madre precious metal belt, Mexico. The Company has\nextended drill targets an additional 1.7 kilometres (km), for a total\nof over 4.0 km from its previously announced initial 2.4 km of the\n \n 3-dimensional (3D) modelling\n \n of its infill,\nInduced Polarization/Magnetometer (IP/Mag) geophysical survey.\n \n \n \n The 3D modelling shows drill target opportunities in five areas (TA-1\nto TA-5) plus enhanced areas (TA-3(a) and (b)) within larger target\nareas over this greater than 4.0 km trend of surface gold-silver\nmineralization at Tenoriba. The most recent drill targeting has added\nthe TA-5 target, an 800 metre (m) to 1.2 km trend within the El Moreno\narea. Mammoth drilled four holes in this area in 2018, testing only\n200 m of IP/Mag geophysics surveyed in three geophysical lines spaced\nat 100 m intervals along the east-west trend. Of these four holes, two\nintersected compelling intervals of gold-silver and copper\nmineralization, including:\n \n \n \n \n - Hole TEN 17- 01 - 40 m grading 0.79 grams per tonne (g/t) gold\nequivalent (Au Eq wherein silver is converted to gold at ratio of 75\ng/t silver = 1 g/t gold), and\n \n \n \n \n \n \n - Hole TEN 17- 02 - 7.2 m grading 3.6% copper plus 0.68 g/t Au Eq.\n \n \n \n \n It was at El Moreno where coarse gold nuggets were recently panned.\nThis target area remains open to the west beyond the limits of the IP\ngeophysics survey.\n \n \n Recent work also extended the TA-3(b) target area 500 m further east\nin the Carneritos East area. The Carneritos East target area remains\nopen further east beyond the limits of the IP geophysical survey.\n \n \n \n For the location of these target areas please refer to\n \n \n Figure 1\n \n \n – “\n \n \n \n Lo...

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