Mammoth Resources Advancing Small-Scale Gold-Silver Production At Its Tenoriba Property, Mexico

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[{"type":"text","content":"Mammoth Resources Advancing Small-Scale Gold-Silver Production At Its Tenoriba 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 February 27,\n2025\n \n\n\n ) –\n \n\n\n\n TheNewswire -\n \n\n\n\n Mammoth Resources Corp. (TSX-V: MTH), (the\n“Company”,\n \n\n\n\n or\n \n\n\n\n “Mammoth”)\n \n\n\n\n\n is pleased to announce that it is investigating the potential\nof initiating small-scale gold-silver production at its 100% owned\nTenoriba exploration property in the Sierra Madre precious metal belt,\nMexico.\n \n\n\n\n The opportunity to produce gold-silver came about when\nthe Company learned earlier this year of the ongoing construction of a\n200-tonne per day (tpd) flotation mill, owned by a private Mexican\nparty, located within a 16-kilometre (km) haul distance from\nMammoth’s Tenoriba project and built to treat material from\nhistorical mineralized workings in the region. Mammoth initiated\ndiscussions with a representative of the party building the mill and\nhas begun investigating paths to permit mineral extraction at Tenoriba\nwith its environmental consultant. The Company has been advised that\nthere are efficient paths to permitting small-scale production at\nTenoriba.\n \n\n\n\n Richard Simpson, Vice President\nExploration of Mammoth Resources commented on the small-scale gold\nproduction opportunity, stating\n \n\n : “\n \n\n When we\nlearned of the 200 tonne per day mill being built only 16 kilometres\nfrom Tenoriba, we immediately began thinking there might be an\nopportunity to process some surface and shallow depth gold-silver\nmineralized material from Tenoriba at this facility. As we began\ninvestigating routes to advance this opportunity, we were encouraged\nto learn that there may be paths to efficiently permit, extract and\nprocess gold-silver mineralized material both at this mill and via\nheap leach. With gold at almost US$3,000/ounce, we're eager to advance\nthis further to the point that we can make some estimates on which of\ncustom milling, small-scale heap leaching or perhaps a combination of\nboth of these techniques offers an attractive return on investment\nwhile the extraction and treatment also provides valuable information\nfor future large-scale development at Tenoriba\n \n\n .\"\n \n\n\n\n ...

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