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Mammoth Resources Secures Two Year Surface Access Agreements at Tenoriba Project, Mexico and Provides An Update on Other Project and Corporate Activities
(TheNewswire) Toronto, Canada - TheNewswire - December 21, 2020 - Mam...
About this update from Mammoth Resources Corp.
[{"type":"text","content":"Mammoth Resources Secures Two Year Surface Access Agreements at Tenoriba Project, Mexico and Provides An Update on Other Project and Corporate Activities\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n Toronto, Canada -\n \n \n TheNewswire -\n \n \n December 21, 2020 - Mammoth Resources Corp.\n(TSXV:MTH)\n \n \n (OTC:MMMRF)\n \n \n , (the\n“Company”, or “Mammoth”)\n \n \n is\npleased\n \n to announce that following a community meeting held\nyesterday, Sunday, December 20, 2020, the second of the two\ncommunities (ejidos) upon which the Company’s 100% owned Tenoriba\ngold-silver exploration project resides, voted in favour of a two-year\nsurface access agreement to conduct exploration activities at\nTenoriba. The first of the two ejidos had previously granted\nauthorization to conduct such activities, announced in a press release\ndated November 5, 2020. With the Company and the two ejidos reaching\nagreement on this surface access, Mammoth is free to advance its\nexploration activities and execute on its plans to further drill test\nthe approximate 4 to 6 kilometres of gold-silver mineralization at\nTenoriba subject to approval of the drill permit application to drill\nup to 139 drill locations. Mammoth expects to announced approval of\nthis drill permit application in the near future.\n \n \n \n Commenting on having gained this\nsurface access, Thomas Atkins, President and CEO of Mammoth\nstated:\n \n \n “We’re very\npleased to have this vote of confidence from the second of the two\nejido communities for surface access to explore the Tenoriba property\nfor the next two years. This access in place enables Mammoth to\nconduct its exploration activities while doing so offer employment to\nnumerous community members coincident with these exploration\nactivities. Mammoth is also pleased to announce that during the term\nof the agreements the Company will be making contributions towards a\nnumber of community benefit programs and looks forward to reporting on\nthese contributions. Mammoth will also be providing assistance to a\nnumber of the most vulnerable inhabitants of both ejidos. Mammoth\ngreatly appreciates this vote of confidence and looks forward to\nworking with these communities.”\n \n \n \n \n Given the timing of this\nannouncement with the holiday season I would be ...