Mammoth Intersects 58.2 Metres Grading 0.8 Grams PER Tonne GOLD Equivalent IN Diamond Drilling at Its Tenoriba Precious Metal Property, Mexico
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410 - 150 York Street
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www.mammothresources.ca
FOR IMMEDIATE RELEASE: April 26, 201 8 No. 05/18
MAMMOTH INTERSECTS 58.2 METRES GRADING 0.8
GRAMS PER TONNE GOLD EQUIVALENT IN DIAMOND
DRILLING AT ITS TENORIBA PRECIOUS METAL
PROPERTY, MEXICO
Toronto, Canada (April 26, 2018) - Mammoth Resources 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. Mammoth is also
restating and supplementing results for hole number TEN 17-07 which had previously been announced
on April 12, 2018.
Results are for the two additional holes in the Los Carneritos area of the property; holes TEN 17-06
and TEN 17-08. These diamond drill holes at Los Car neritos extends the strike length of gold
mineralization on the property a total of almost fo ur kilometres within a High Sulphidation system
with mineralization open at least one kilometre both to the east and west of this four kilometre
trend where gold has been sampled on surface. Drill hole TEN 17-06 averaged 126.8 metres grading
0.52 grams per tonne (“g/t”) gold equivalent (“gold Eq”), including a higher gr ade intersection of 58.2
metres grading 0.80 g/t gold Eq of which 25 metres of this interval averaged 1.21 g/t gold Eq.
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'.
Thomas Atkins, President and CEO of Mammoth commented on these results stating : “We again
have intersected some very impressive lengths and g rades of gold mineralization at Tenoriba. In the
Carneritos area, holes TEN 17-06, 07 and 08 test different targets separated by 180 to as much as 750
metres one from another.
“Hole TEN 17-06 had the best intersection among the three holes drilled at the Carneritos area with an
impressive 126.8 metres grading 0.52 gram per tonne gold equivalent of which within this interval
assayed a lengthy 58.2 metre interval grading 0.80 grams per tonne gold equivalent.
"Hole TEN 17-08 is located 750 metres east of TEN 1 7-06 and although the hole had to be abandoned
due to technical difficulties at 102 metres of a pl anned 200 metres to test the target at this locatio n, the
portion of the core recovered assayed 14.9 metres grading 0.62 grams per tonne gold equivalent.
“We believe the potential to step-out and extend m ineralization from any of these holes is high based
on surface geology and gold in samples collected in the vicinity of these holes. The Carneritos area i s
on the eastern end of a four kilometre approximate east-west oriented trend of gold with minor silver
mineralization at Tenoriba tested in this drill pro gram and represents an approximate one kilometer
extension to the prior, eastern-most drilling on the property."
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)
Carneritos TEN 17 -06 43.7 170.5
126.8 0.47 7.2 0.52
(including) 70.7 129.0 58.2 0.73 3.9 0.80
(including) 70.7 95.7 25.0 1.10
2.7 1.21
(including) 95.7 111.0 15.0 0.51 0.4 0. 54
TEN 17 -07 11.5 53.5 42.0 0.21 5.0 0.28
65.5 78.0 12.5 0.33
2.4 0.36
TEN 17 -08 52.5 67.4 14.9 0.58 3.1 0.62
* 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.
TEN-17-06
Drill hole TEN 17-06 is located 160 metres (“m”) no rth and 100 m west of hole TEN 17-07 which
assayed 0.28 g/t gold Eq. over 42.0 m and 0.36 g/t gold Eq over 12.5 m. Hole TEN 17-06 was collared
near Carneritos channel T3, which assayed 1.07 g/t gold Eq over 15.7 m. Mineralization in this hole is
within a fractured and occasionally brecciated and vuggy textured crystalline lithic tuff with presence of
remnant alteration clays and from 3 to 5% pyrite in numerous shallow to high angle micro. TEN 17-06
has a 126.8 m interval assay 0.52 g/t gold Eq of wh ich within this interval there was a 58.2 m section
assaying 0.8 g/t gold Eq. This intersection remains open in all directions. Additional geophysics is
planned as follow up to the success of the holes dr illed in the Los Carneritos area with the survey to
extend east of the current geophysics survey where gold has been sampled in various outcrops. Please
refer to the Company's website under the 'Projects' section; 'Maps, Images and Photographs’ for a dril l
hole locations and drill sections.
TEN-17-08
Drill hole TEN 17-08 is located 750 m from the collar of hole TEN 17-06 (400 m west and 400 m south)
and 700 m (500 m west and 200 m south) of hole TEN 17-07 which assayed 0.28 g/t gold Eq. over 42.0
m and 0.36 g/t gold Eq over 12.5 m. Hole TEN 17-08 was abandoned early and shallower than originally
planned due to technical difficulties and as such failed to fully test the geophysical feature at this target
area, however did still report a 14.9 m interval assaying 0.62 g/t gold Eq. Mineralization occurred within
fractured iron oxide stained weak to moderately sil icified and brecciated feldspathic phyric tuff.
Mammoth expects to return to this area in the futur e to attempt another hole at a slightly different
orientation to further test this target and attempt to extend the mineralization encountered at this
location. Please refer to the Company's website und er the 'Projects' section; 'Maps, Images and
Photographs’ for a drill hole locations and drill sections.
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.