Mammoth Intersects 45.4 Metres Grading 0.63 Grams PER Tonne GOLD Equivalent IN Diamond Drilling at Its Tenoriba Precious Metal Property, Mexico
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www.mammothresources.ca
FOR IMMEDIATE RELEASE: April 12, 201 8 No. 04/18
MAMMOTH INTERSECTS 45.4 METRES GRADING 0.63
GRAMS PER TONNE GOLD EQUIVALENT IN DIAMOND
DRILLING AT ITS TENORIBA PRECIOUS METAL
PROPERTY, MEXICO
Toronto, Canada (April 12, 2018) - Mammoth Resource s Corp. (TSX-V: MTH), (the “Company”) is
pleased to announce results from two additional dia mond drill holes on its Tenoriba precious metal
property in the Sierra Madre region of southwestern Chihuahua State, Mexico. The results are for the
third hole in the Masuparia area of the property; TEN 17-04, and the first hole ever to be drilled at the
Los Carneritos area of the property; TEN 17-07, located 800 metres nor theast of hole TEN-04. The
intersection at Los Carneritos extends the strike length of gold mineralization on the property a
total of almost four kilometres within a High Sulphidation system with mineralization open at least
one kilometre both to the east and west of the four kilometre trend where gold has been sampled
on surface.
Results are shown in the table below. Drill hole surface locations and drill cross sections illustrating the
location and depth of the mineralized intervals rel ative to geophysical and topographic features are
available on the Company's website under the 'Projects' section; 'Maps, Images and Photographs'.
Weighted
Average
Gold
Weighted
Average
Silver
Weighted
Average
Gold
Equivalent*
Location Hole Number From To Total Grade Grade Grade
(m) (m) (m) (g/t) (g/t) (g/t)
Masuparia TEN 17 -04 0.0 10.0 10.0 1.12 0.1 1.13
45.1 90.5 45.4 0.53 0.1 0.63
(including) 45.1 59.8 14.7 0.61 0.2 0. 86
(including) 72.5 90.5 18.0 0.7 8 0.1 0. 83
Los Carneritos TEN 17 -07 11.5 50.5 39.0 0.21 0.1 0.28
* Gold Equivalent where silver grade is converted to gold grade at 75 g/t Ag = 1 g/t Au 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 comment ed on the drill results stating : “We're
very pleased with these two holes to have intersect ed gold mineralization in the Los Carneritos area
almost one kilometer to the east of any prior drilling on the property and to have extended mineralization
by at least 100 metres to the west of prior drilling in the Masuparia area.
"Drill hole TEN 17-04 is a step-out hole more than 100 m west of hole TEN 17-05 in the Masuparia area
of the property where among other intersections ann ounced on March 1st from hole TEN 17-05 there
occurred 0.63 grams per tonne gold equivalent over 27 metres and 1.32 grams per tonne gold
equivalent over 23.5 metres. Drill hole TEN 17-05 is a 50 metre step out to the northwest of hole TDH-
07 which was drilled in 2008 and which assayed 2.35 grams per tonne gold equivalent over 47 metres,
including 5.33 grams per tonne gold over 4 metres. 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 an approximate
500 metre east-west geophysical feature in this area.
"To intersect 39 metres of a grade that is almost twice the cut-off grade for economically producing heap
leach gold mines in Mexico in the first drill hole ever drilled into the Los Carneritos area in hole TEN 17-
07 is a terrific success. Los Carneritos is located almost four kilometers to the east of the furthest
western drill hole from this program at El Moreno. What's particularly encouraging about this hole was
the abundance of vuggy silica in the core, vuggy si lica being a strong indicator of the elevation for gold
mineralization within High Sulphidation systems.
"Gold mineralization remains open to the east and w est for at least another kilometer in from the Los
Carnertitos and El Moreno areas, respectively. Mamm oth expects to drill another two to three holes
within the large one by one and a half kilometre area of Los Carneritos to test other targets as part of the
current drill program."
TEN-17-04
Drill hole TEN 17-04 is a 50 m step out to the nort hwest 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. It is believed the structure(s) intersected in h oles
TDH-07, TEN 17-04 and TEN 17-05 can be followed spo radically on surface via old artisanal workings,
trenches and outcrops for a strike length of 800 m to the north and is part of an approximate 600 metre
corridor of mineralization and geophysical features in this same area. Mineralization in this area remains
open in all directions and is only covered by 600 m etres east to west of geophysics. Additional
geophysics is planned as follow up to the success of these holes.
TEN-17-07
Drill hole TEN 17-07 is the first drill hole ever d rilled into the Los Carneritos area, a larger 1.5 kilometre
by 1.0 kilometre area in the eastern end of the are a covered by geophysics (only 40% of the property
has been covered by ground surveyed magnetic and induced polarization geophysics). Los Carneritos is
located almost four kilometers to the east of the f urthest western drill hole from this program at El
Moreno (refer to surface drill hole location maps f or the property available on the Company's website
under the 'Projects' section 'Maps, Images and Phot ographs'). What is particularly intriguing about th is
hole was the abundance of vuggy silica and crystalline dickite clay in the core. Both vuggy silica and the
development of crystalline alteration clays are str ong indicators of the elevation for gold mineraliza tion
and degree of hydrothermal alteration, respectively within High Sulphidation systems. Mammoth will be
following up with at least two to three more drill holes testing other targets in the Carneritos areas as
part of the current drill program.
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 acquir ing and
defining precious metal resources in Mexico and oth er attractive 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 pr operties 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. Although 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.