Feb 24 2014
Mammoth Resources Corp. is pleased to announce that it has posted a technical report summarizing historical and recent work performed on its Tenoriba Property, located in the prolific Sierra Madre precious metal belt in south western Chihuahua state, Mexico.
The technical report provides a review of all known historical work performed on the property and all work performed by Mammoth Resources until the end of 2013. The report recommends drilling geophysical targets and continuing metallurgical testing of precious metal enriched cyanide leachable material on the property.
Thomas Atkins, President and CEO of Mammoth Resources commented on the report, stating: "It's clear to us, as we compile all of the information that has gone into this report, that we have a large 15 square kilometre area of enriched gold and silver mineralization occurring at Tenoriba. The combination of the precious metals, with various geochemical relationships with gold and silver mineralization from over 600 samples analyzed by Mammoth and at least an equal amount by its predecessors, that we are in a relatively shallow elevation, high sulphidation, epithermal system. The implications of the shallow system are that we believe there's excellent potential to intersect intriguingly precious metal mineralized rocks at depth similar to what was previously intersected in drilling performed in 2008. The recently completed geophysics program, although the results are not covered in this report, has provided some terrific drill targets. We're currently defining these drill locations and expect to report on these targets and details of a drill program, shortly."