InvestmentPitch Media Video Discusses Mammoth Resources’ Report of 85.7 Metres Grading 0.47 g/t Gold Equivalent from Diamond Drilling at its Tenoriba Gold-Silver Property, Mexico
14 July 2022 - 8:00PM
Mammoth Resources Corp. (TSXV:MTH), (OTCPink:MMMRF) provided
results from an additional four drill holes from its diamond
drilling program at its Tenoriba gold-silver property located in
the prolific Sierra Madre precious metal belt, Mexico. The company
holds a 100% interest in the 5,333-hectare Tenoriba gold property
located in the Sierra Madre Precious Metal Belt in southwestern
Chihuahua State, Mexico, subject to a 2% net smelter royalty
purchasable for US$1.5 million anytime within two years from
commencement of commercial production.
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Thomas Atkins, President and CEO of Mammoth Resources. The video is
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A total of 27 holes were drilled for a total of
3,240 metres, with 4 holes released today. Thirteen were previously
released, with results from the remaining 10 holes expected to be
released in the coming weeks.
The drill program is designed to test up to five
target zones which measure from hundreds of metres to over one
kilometre in strike length along a 4 kilometre, east-west trend of
gold-silver mineralization. The targets were identified in
3-dimensional modelling incorporating data from over 3,000 soil,
chip and channel samples, 26 prior diamond drill holes, geological
and structural mapping and the potential continuity at depth of
surface mineralization as indicated by an IP/Mag geophysical
survey.
Today’s four diamond drill holes were completed
for a total of 321 metres, bringing the total reported to date to
2,235 metres in 17 holes.
For more detailed information about these drill
holes, please refer to today’s news release.
The shares are trading at $0.04. For more
information, please visit the company’s website,
www.MammothResources.ca, contact Thomas Atkins, President &
CEO, at 416-509-4326 or by email at tr_atkins@rogers.com.
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