Mammoth Intersects 10 Metres Grading 2.93 Grams PER Tonne GOLD and 7.2 Metres Grading 3.59% Copper IN Diamond Drilling at Its Tenoriba Precious Metal Property, Mexico
Exchange Tower
410 - 150 York Street
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www.mammothresources.ca
FOR IMMEDIATE RELEASE: March 1 , 201 8 No. 03/18
MAMMOTH INTERSECTS 10 METRES GRADING 2.93
GRAMS PER TONNE GOLD AND 7.2 METRES GRADING
3.59% COPPER IN DIAMOND DRILLING AT ITS TENORIBA
PRECIOUS METAL PROPERTY, MEXICO
Toronto, Canada (March 1, 2018) - Mammoth Resources Corp. (TSX-V: MTH), (the “Company”) is
pleased to announce results from two additional diamond drill holes on its Tenoriba precious metal
property in southwestern Chihuahua State, Mexico. The results are for the third hole in the El Moreno
area of the property; TEN 17-03, and the first hole at the Masuparia area of the property; TEN 17-05,
located 1.3 kilometres west of the El Moreno area. Com plete results are still pending for hole TEN-17-
04, also in the Masuparia area of the property. Mammo th will be at the Prospector and Developers
Convention in Toronto sharing booth number 2344 where President and CEO Thomas Atkins will
have core samples illustrating mineralization at some of these intersections and can provide an update
following his recent trip to the project (photos from this field trip are available on the Company's web site
under the 'Projects' section, 'Maps, Images and Photographs'.
Results are shown in the table below and drill hole lo cations and sections illustrating the location and
depth of the mineralized intervals relative to the g eophysical features and topography of the area are
available on the Company's website under the 'Projects' section 'Maps, Images and Photographs'.
Weighted
Average
Gold
Weighted
Average
Silver
Weighted
Average
Copper
Weighted
Average
Gold
Equivalent*
Location Hole Number From To Total Grade Gr ade Grade Grade
(m) (m) (m) (g/t) (g/t) (%) (g/t)
El Moreno TEN 17 -03 85 .0 92.2 7.2 0. 23 36. 3 3.59 4. 34
Masuparia TEN 17 -05 28.0 55.0 27.0 0.51 0.1 0.63
(including) 46.6 55.0 8.4 1.30 0.1 1.39
70.0 93.5 23.5 1.30 1.3 1.32
(including) 83.5 93 .5 10.0 2.89 3.17 2.93
(including) 86.5 92.0 5.5 4.92 5.15 4.99
* Gold Equivalent wherein silver grade is converted to gold grade at 75 g/t silver = 1 g/t gold and 15.3 lbs Cu = 1.0
g/t Au.
Lengths shown are core lengths versus perpendicular true length of mineralized intersections.
Thomas Atkins, President and CEO of Mammoth commented on drill results stating : “We continue
to be very pleased with the results from this drill program. I can't stress enough the steep learning curve
we're climbing with each hole we drill and as we conti nue to intersect mineralization we continue to
unravel the controls to the mineralization at Tenoriba. The objective of this drill program is to test for the
first time the depth extension of various areas of surface mineralization along portions of a 6 kilometre
trend identified by Mammoth and how these intersections fit into the large High Sulphidation system at
Tenoriba. These results assist the company in identifying ch aracteristics and continuity at depth of
potentially economical surface mineralization along thi s 6 kilometre trend and position us for follow-up
drilling to identify a mineral resource at Tenoriba.
"Drill hole TEN 17-03 grading 0.75 grams per tonne g old equivalent and 3.59 percent copper over 7.2
metres is a 100 metre step out to the east of hole TEN 17-01 where 0.79 grams per tonne gold
equivalent over 30 metres was announced on January 23rd. What was surprising about this intersection
was the presence of high grade copper which we believe is indicative of proximity to a likely porphyry
copper source of gold and silver mineralization at shallo wer elevations elsewhere in the system
occurring here representing deeper levels here due to fa ulting. This intersection follows a geophysics
anomaly at El Moreno over the full 200 metres east-west strike length where Mammoth surveyed only 3
geophysical lines. TEN 17-01 and TEN 17-03 remain open both to the east and to the west and
Mammoth intends to extend the geophysics coverage in these areas to assist identifying other targets
along this trend.
"Drill hole TEN 17-05 is a 50 metre step out to the n orth of hole TDH-07 drilled in 2008 which assayed
2.35 grams per tonne over 47 metres, including 5.33 grams per tonne gold over 4 metres. Hole TDH-07
was a very good intersection and as such it was an attractive target to test a theory as to its extension
and continuity attempt a step-out to demonstrate continuity of this structure. The structure intersected in
these holes can be followed on surface for a strike length of 800 metres to the north and may also
intersect a roughly east-west geophysical feature in this area. Mammoth intends to test these targets
further as part of the current drill program with cur rent drill road access enabling testing approximately
200 metres of these features."
TEN-17-03
Based on the intriguing results from TEN-17-01, the first drill hole ever drilled at El Moreno where 0.79
grams per tonne ("g/t") gold equivalent over 30 met res ("m") was announced on January 23rd,
Mammoth made an aggressive 100 m step-out to the east to the edge of the geophysics coverage at El
Moreno. Hole TEN-17-03 approached the feature interse cted in TEN-17-01 from the south drilling
towards the north in order to avoid a fault intersect ed in hole TEN 17-01. It is believed the presence of
high grade copper with gold and silver is indicative of the downward movement of stratigraphy and a
deeper sourced feeder from what may well be a porphyr y copper source to the gold mineralization at
Tenoriba. Mammoth is keen to investigate as part of this program a more strongly conductive unit to the
east of hole TEN-17-02 which intersected 80 m grading 0 .18 g/t and which is closer to the Cerro
Colorado area approximately 1.0 kilometre west of El Moreno where Mammoth sampled the greatest
intensity and concentration of alteration clays indicative of proximity to an intense hydrothermal process.
TEN-17-05
Drill hole TEN 17-05 is a 50 m step out to the north west of hole TDH-07 drilled in 2008 which assayed
2.35 g/t over 47 m, including 5.33 g/t gold over 4 m . The structure intersected in these holes can be
followed sporadically on surface via old artisanal workings, trenches and outcrops for a strike length of
800 m to the north. An approximate east-west geophysi cal feature over at least 300 m occurs in this
same area and this too may be contributing to mineral ization in this intersection. Mammoth intends to
test these targets further as part of the current drill program where current drill road access would permit
up to 200 m of these features to be tested.
Qualified Person / Quality Controls:
Richard Simpson, P.Geo., Vice-President Exploration for Mammoth Resources Corp. is Mammoth's
Qualified Person, according to National Instrument 43-101, for the Tenoriba property and is responsible
for and has reviewed any technical data mentioned in this news release. Please refer to the Company's
website under the "Projects" section for a description of the Company's complete QA/QC procedures .
About Mammoth Resources:
Mammoth Resources Corp. (TSX-V: MTH) is a mineral exploration company focused on acquiring a nd
defining precious metal resources in Mexico and other att ractive mining friendly jurisdictions in the
Americas. The Company has an option to acquire 100% of the Tenoriba Property located in the Sierra
Madre Precious Metal Belt in southwestern Chihuahua State, Mexico. The Company continues to seek
other option agreements in the Americas on other pro perties it deems to host above average potential
for economic concentrations of precious metals mineralization.
To find out more about Mammoth Resources and to sign up to receive future press releases, please visit
the company's website at: www.mammothresources.ca ., or contact Thomas Atkins, President and
CEO at:416 509-4326
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the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Information: This news release may contain or refer to forward-looking information. Al though the
Company believes that the assumptions inherent in t he forward-looking statements are reasonable, forwa rd-
looking statements are not guarantees of future per formance and, accordingly, undue reliance should no t be
placed on these forward-looking statements due to the inherent uncertainty therein. Please refer to the Company’s
website at the following link: http://www.mammothresources.ca/s/FAQ.asp to review the Company’s complete
forward looking statement.