Mammoth Resources is pleased to announce that it has closed its previously announced non-brokered private placement of up to 8,000,000 units of Mammoth at $0.09 per Unit, for gross proceeds of up to $720,000. Each Unit consists of one common share and one common share purchase warrant of the Company. Each Warrant will entitle the holder thereof to acquire one Common Share up to 18 months following closing of the Private [...]
Today's buy recommendation comes from Fundamental Research Corp. Analyst Sid Rajeev gives Mammoth Resources a buy rating and a fair value estimate of $0.41 per share, a premium of 412% to the $0.08 closing price on November 21st, the day the report was issued. Mammoth's flagship asset is the Tenoriba property located in the heart of the Mexican Sierra Madre, in southwestern Chihuahua State, Mexico. InvestmentPitch Media [...]
TORONTO, Nov. 22, 2017 -- Mammoth Resources Corp. , is pleased to announce that all drill equipment and a D6 Caterpillar bulldozer have beenmobilized to its Tenoriba, High Sulphidation gold-silver exploration project in the Sierra Madre region of southwestern Chihuahua State, Mexico. Equipment has arrived by truck in preparation to commence the Company’s previously announced 8 to 24 hole, up to 3,000 metre diamond [...]
TORONTO, Nov. 09, 2017 -- Mammoth Resources Corp. , is pleased to announce a non brokered private placement of up to 8,000,000 units at an offering price based on the 15 day volume weighted average price of Mammoth shares of $0.09 per share, for gross proceeds of up to $720,000. Each Unit consists of one common share and one common share purchase warrant of the Company. Each Warrant will entitle the holder thereof to [...]
Mammoth Resources Corp. , is pleased to announce a diamond drill program from 8 to 24 high priority targets planned to commence in November 2017 on its Tenoriba gold-silver property in Chihuahua State, Mexico . Mammoth has targeted its drill holes based on what it believes is a compelling combination of: surface geology, trace element geochemistry, gold bearing samples from chip and cut channels over a large 15 square [...]
Mammoth Resources at the request of IIROC would like to clarify previous disclosure in the press release regarding its channel sampling program dated September 21, 2017. Mammoth would like to clarify the disclosure "Mammoth Resources Reports Average 0.77 Grams per Tonne Gold Equivalent over a Total Of 129 Metres", that the total length of the average 0.77 grams per tonne gold equivalent over a total of 129 meters [...]
Mammoth Resources is pleased to announce results from the final 2 surface channels cut and sampled at its Tenoriba precious metal property in Chihuahua State, Mexico and average grade of the various channels cut during this program. The most recent results are from the Los Carneritos and the Cerro Colorado areas, two gold-silver mineralized areas at Tenoriba separated approximately 5 kilometres one from the other (refer [...]
TORONTO, ONTARIO--(Marketwired - Sep 18, 2014) - Mammoth Resources Corp. (TSX VENTURE:MTH) is pleased to announce that it has submitted its permit application to drill its Tenoriba precious metal property located in southwestern Chihuahua state, Mexico (refer to the company's web site www.mammothresources.ca, for a detailed location map). The application is for permission to drill up to 20 drill holes under an "Informe [...]
TORONTO, ONTARIO--(Marketwired - Jul 25, 2014) - Mammoth Resources Corp. (TSX VENTURE:MTH) would like to announce that it has signed surface rights agreements that will permit drilling on its Tenoriba precious metal property (refer to press release dated April 24, 2014), in the prolific Sierra Madre Precious metal belt, Mexico. The agreements are with two ejidos (an ejido is a communal municipal governance committee which [...]
TORONTO, ONTARIO--(Marketwired - Jul 16, 2014) - Mammoth Resources Corp. (TSX VENTURE:MTH) would like to announce that it intends to proceed with a non-brokered private placement of up to 9.3 million units of the Company (the "Units") at an offering price of $0.035 per Unit based on the company's 20-day VWAP, for gross proceeds of up to $325,500 (the "Private Placement"). Each Unit consists of one common share of the [...]
TORONTO, ONTARIO--(Marketwired - Apr 24, 2014) - Mammoth Resources Corp. (TSX VENTURE:MTH) is pleased to announce that it has confirmed the position of 14 drill holes to test the depth extent of numerous geophysical features and below attractive surface geology on its Tenoriba precious metal property located in the prolific Sierra Madre precious metal belt in south western Chihuahua state, Mexico (refer to the company's [...]
TORONTO, ONTARIO--(Marketwired - Apr 9, 2014) - Mammoth Resources Corp. (TSX VENTURE:MTH) has posted the complete geophysics report, with recommendations, various surface plans and geophysical survey cross sections from the Induced Polarization and Magnetic ground geophysics survey performed in late 2013. The company announced on January 16, 2014 the completion of the survey, which covered approximately one-third of the [...]
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