Mammoth Resources Corp. , , is pleased to announce that its previously announced non brokered private placement financing announced May 25, 2021, comprising up to 14,300,000 units at a price of $0.14 per Unit for gross proceeds of $2,002,000 has been enthusiastically subscribed by investors and as such the Company has decided it will increase the size of this private placement to up to 18,482,600 Units, at the same terms [...]
Mammoth Resources Corp. , is pleased to announce a non brokered private placement financing comprising up to 14,300,000 units at a price of $0.14 per Unit for gross proceeds of $2,002,000, the Unit offering price being the equivalent of the 5, 10 and 15-day volume weighted average price of the Company's common shares traded on the TSX Venture Exchange . Funds managed by institutional together with high net worth investors [...]
Mammoth Resources Corp. , , is pleased to provide an update on its drill targeting activities, the combination of results from the recently announced initial 2.4 kilometres of the 3-dimensional drill target modelling from its infill, Induced Polarization/Magnetometer geophysical survey recently completed at its 100% owned Tenoriba gold-silver property located in the prolific Sierra Madre precious metal belt, Mexico. This [...]
Mammoth Resources Corp. , is pleased to provide results from an additional two kilometres of the 3-dimensional drill target modelling from its infill, Induced Polarization/Magnetometer geophysical survey recently completed at its 100% owned Tenoriba gold-silver property located in the prolific Sierra Madre precious metal belt, Mexico. This 3D modelling shows strong correlation between anomalous surface gold-in-soil, chip [...]
Mammoth Resources Corp. , , is pleased to provide an update on its exploration activities at its 100% owned Tenoriba gold-silver property located in the prolific Sierra Madre precious metal belt, Mexico. The early 2021 program consists of detailed confirmation geological mapping and expanded soil and rock sampling combined with an infill Induced Polarization/Magnetometer geophysical survey and 3-dimensional drill target [...]
Mammoth Resources Corp. , , is pleased to provide an update on its exploration activities at its 100% owned Tenoriba gold-silver property located in the prolific Sierra Madre precious metal belt, Mexico, including geological mapping and sampling and preliminary results from its infill, Induced Polarization/Magnetometer geophysical survey designed to cover the 60% of the 6 kilometre trend of mineralization not already [...]
Mammoth Resources Corp. is pleased to announce that it has begun the Induced Polarization/Magnetometer 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 [...]
Mammoth Resources Corp. is pleased to announce encouraging observations, conclusions and recommendations from the independent geological assessment of the Company's Tenoriba, gold-silver property located in the prolific Sierra Madre precious metal belt, Mexico. The independent assessment was performed by Drs. Michael Ressel and Odin Christensen of MDA Associates. Dr. Ressel reviewed all historic geological data generated [...]
Mammoth Resources Corp. is pleased to announce that following investor enthusiasm for its recently announced private placement, the Company is increasing the amount of the original placement issuing 6,000,000 common shares for gross proceeds of $600,000, by an additional 885,000 common shares for gross proceeds of an additional $88,500 for a total private placement of 6,885,000 shares issued at a price of $0.10 per share [...]
Mammoth Resources Corp. is pleased to announce results of voting at its virtual annual and special meeting of shareholders which was held earlier today via Zoom conference facility. All matters submitted to the shareholders for approval as set out in the Company's Notice of Meeting and Information Circular, dated December 15 2020, were approved by a majority of votes cast at the Meeting. Matters before this meeting [...]
Mammoth Resources Corp. is pleased to announce that following the strong investor enthusiasm for its recent private placement and the $88,500 increase in the gross proceeds from this financing to $688,500, the Company has mobilized crews to the Tenoriba project site and has begun its 2021 exploration program. Company Vice President Exploration, Richard Simpson is at the project site and coordinating activities with local [...]
Mammoth Resources Corp. is pleased to announce that following investor enthusiasm for its recently announced private placement, the Company is increasing the amount of the original placement issuing 6,000,000 common shares for gross proceeds of $600,000, by an additional 885,000 common shares for gross proceeds of an additional $88,500 for a total private placement of 6,885,000 shares issued at a price of $0.10 per share [...]