Mammoth Begins Infill Geophysics Survey at Tenoriba Gold-Silver Property, Mexico
Toronto, Canada - TheNewswire - March 3, 2021 - Mammoth Resources Corp. (TSXV:MTH) (OTC:MMMRF), (the “Company”, or “Mammoth”) is pleased to announce that it has begun the Induced Polarization/Magnetometer (IP/Mag) geophysics survey designed to infill most of the approximate 60% of the 6-kilometre trend of gold-silver and copper mineralization not covered by the previous geophysics survey over its 100% owned Tenoriba project, located in the prolific Sierra Madre precious metal belt in southwestern Chihuahua State, Mexico.
Thomas Atkins, President and CEO of Mammoth commented on the commencement of the geophysics program, stating: “Results from our 2018 drill program proved that IP/Mag could be an effective tool to help identify attractive drill targets at Tenoriba, having intersected potentially economical grades and widths of gold-silver and copper in 8 of 11 holes drilled during the program sporadically testing features across a 4-kilometre trend of the larger 7-kilometre trend of surface mineralization. As we prepare to identify drill hole target locations for our 2021, 50-hole drill program to further test at depth abundant surface mineralization over this trend, we wanted to have a more complete picture of potential mineralized features at depth and as a result we viewed it as essential that we perform this infill survey to close off large gaps in the geophysics across much of this 6-kilometre trend. Mammoth has also engaged the services of Intelligent Exploration and its highly experienced principal geophysicists to assist in the design of this survey. The expertise of Intelligent Exploration’s geophysicists will help assist in maximizing the survey’s potential output and to assist in interpreting results in order to assist in identifying attractive drill targets along the trend of surface mineralization. We look forward to reporting on results from this work over the coming weeks, including illustrating drill targets derived from this infill geophysics survey.”