Location



    Mammoth Resources (TSX VENTURE:MTH) is a mineral exploration company focused on acquiring and defining precious metal resources in Mexico and other attractive mining friendly jurisdictions in the Americas. The Company has an option to acquire 100% in 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 properties it deems to host above average potential for economic concentrations of precious metals mineralization.


    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, including the BCSC edits. Samples referenced in this press release were prepared and analyzed by ALS CHEMEX in their facilities in Mexico and Canada, respectively or IPL Inspectorate in their facilities in Mexico and Vancouver, respectively. Samples generally consisted of 1-3 kilograms of material. Gold analyses were performed by 30 gram fire assay with an Atomic Absorption finish. Silver, copper, lead and zinc were analyzed as part of a multi-element ICP package using an aqua regia digestion. Over limit samples with greater than one percent copper, lead and zinc were re-analyzed using ore grade detection limits.


    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.


    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of 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. All information other than statements of historical fact that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future are forward-looking statements; examples include the listing of its shares on a stock exchange and establishing mineral resources. These forward-looking statements are subject to a variety of risks and uncertainties beyond the Company’s ability to control or predict that may cause actual events or results to differ materially from those discussed in such forward-looking statements. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, undue reliance should not be placed on these forward-looking statements due to the inherent uncertainty therein.


    To see Figure 1- Sample Location Map, Tenoriba Project, Mexico, Sixth Exploration Campaign, please select the following link:


    http://media3.marketwire.com/docs/808mth_1.jpg


    To see Figure 2- Carenitos Sample and Structural Interpretation Map, Tenoriba Project, Mexico, please select the following link:


    http://media3.marketwire.com/docs/808mth_2.jpg


    Table 1 – Samples Grading Above 0.3 gpt Gold Equivalent, Tenoriba Project, Mexico, Sixth


    Exploration Campaign.

    Sample Gold
    Sample Worksite Width Method Gold Silver Equivalent
    —— ——————- —— ——- —– ——- ———–
    (m) (gpt) (gpt) (gpt)
    330590 Carneritos 1.00 chip 5.420 48.1 6.382
    330586 Carneritos 0.75 chip 3.780 8.1 3.942
    330584 Carneritos 1.10 chip 3.470 3.3 3.536
    330583 Carneritos 1.00 chip 2.750 6.9 2.888
    330582 Carneritos 0.90 chip 2.220 4.4 2.308
    330581 Carneritos 1.70 chip 1.835 8.1 1.997
    330593 Carneritos 2.00 chip 1.605 9.9 1.803
    330589 Carneritos 1.00 chip 1.570 4.7 1.664
    330591 Carneritos 1.10 chip 1.365 10.5 1.575
    330585 Carneritos 1.50 chip 1.430 4.4 1.518
    330578 Carneritos 1.50 chip 1.070 12.0 1.310
    330587 Carneritos 1.60 chip 0.669 23.8 1.145
    330569 Carneritos 1.50 chip 0.952 8.7 1.126
    330571 Carneritos 1.50 chip 0.995 3.4 1.063
    330588 Carneritos 1.00 chip 0.792 4.5 0.882
    330573 Carneritos 2.00 chip 0.558 11.4 0.786
    330574 Carneritos 1.00 chip 0.577 10.0 0.777
    330470 Carneritos grab 0.005 32.7 0.659
    330565 Carneritos 1.10 chip 0.597 2.1 0.639
    330465 Carneritos grab 0.008 27.5 0.558
    330572 Carneritos 1.95 chip 0.369 7.1 0.511
    330592 Carneritos 1.50 chip 0.427 3.6 0.499
    330579 Carneritos 1.20 chip 0.369 2.6 0.421
    330469 Carneritos 1.00 chip 0.307 3.7 0.381
    330577 Carneritos 1.10 chip 0.271 4.2 0.355
    330567 Carneritos 1.00 chip 0.313 0.2 0.317
    330576 Carneritos 1.50 chip 0.237 2.3 0.283

    330558 Cerro Colorado 1.50 chip 4.030 341.0 10.850
    330532 Cerro Colorado 1.00 chip 0.058 516.0 10.378
    330534 Cerro Colorado 1.20 chip 5.170 71.3 6.596
    330533 Cerro Colorado 1.00 chip 4.480 32.2 5.124
    330539 Cerro Colorado 1.20 chip 3.890 51.2 4.914
    330536 Cerro Colorado 1.10 chip 2.800 50.3 3.806
    330541 Cerro Colorado 2.30 chip 1.610 21.5 2.040
    330554 Cerro Colorado grab 0.003 100.0 2.003
    330540 Cerro Colorado 3.00 chip 1.420 18.8 1.796
    330561 Cerro Colorado grab 0.141 77.6 1.693
    330562 Cerro Colorado 1.20 chip 0.475 47.3 1.421
    330535 Cerro Colorado 1.30 chip 0.853 13.2 1.117
    330556 Cerro Colorado 2.50 chip 0.206 17.1 0.548
    330555 Cerro Colorado 1.20 chip 0.231 7.4 0.379

    330509 Emilio’s Oldworking 1.00 chip 0.497 15.8 0.813
    330504 Emilio’s Oldworking 1.50 chip 0.175 22.1 0.617
    330505 Emilio’s Oldworking 1.20 chip 0.249 14.0 0.529
    330507 Emilio’s Oldworking 1.20 chip 0.329 3.5 0.399
    330508 Emilio’s Oldworking 1.20 chip 0.294 1.7 0.328
    330506 Emilio’s Oldworking 1.20 chip 0.197 5.2 0.301

    330471 Mina La Quemada grab 4.240 466.0 13.560
    330512 Mina La Quemada 1.00 chip 6.390 294.0 12.270
    330510 Mina La Quemada 0.60 chip 3.730 167.0 7.070
    330511 Mina La Quemada 0.80 chip 1.025 35.4 1.733
    330513 Mina La Quemada 1.10 chip 0.689 43.2 1.553


    Mammoth Resources Corp.


    Thomas Atkins


    President & CEO


    [email protected]


    www.mammothresources.ca

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    Layne, A Granite Company, provides sustainable solutions for water resources and mineral exploration. Originally established in 1882, Layne offers a rich history of delivering safe, professional, and reliable water and minerals solutions throughout North and South America. Granite acquired Layne and its subsidiaries in the fall of 2018, to further Granite’s strategy to grow through acquisition and diverse end market expansion.