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Mammoth Resources Corp., an exploration stage company, engages in the acquisition, exploration, and evaluation of mining properties in Mexico. The company primarily explores for gold, silver, and copper deposits. It holds a 100% interest in the Tenoriba property consisting of four concessions, including Mapy, Mapy 2, Mapy 3, and Fernanda covering a land package of 5,333 hectares located in the Sierra Madre precious metal belt in southwestern Chihuahua State, Mexico. The company was formerly known as Mammoth Capital Corp. and changed its name to Mammoth Resources Corp. in December 2011. Mammoth Resources Corp. was incorporated in 2011 and is headquartered in Toronto, Canada.
Toronto, Canada ( April 16, 2026 ) - TheNewswire - Mammoth Resources Corp. (TSX-V: MTH), (the “Company”, or “Mammoth”) is pleased to announce that based upon updated drill contractor quotes, the Company continues to see a compelling cost relative to potential value that could be created by defining up to 500,000 gold equivalent ounces ("gold Eq") (silver is converted to gold equivalent at ratio of 75 silver to one gold), in Phase 1 drilling, within the Carneritos zone of the previously determined 1.8 million gold equivalent ounce Exploration Target (refer to press release dated May 15, 2024 for description of the Exploration Target) at its Tenoriba gold-silver exploration property in the Sierra Madre precious metal belt, Mexico. The most competitive drill contractor quote includes an all-inclusive cost of US$304/metre (m) drilled (drilling costs are quoted in US$ in Mexico), or at today's US:Canadian exchange rate C$416/m. This quote includes drilling contractor and consumables costs, access road maintenance, drill pad construction, drill water supply, camp and equipment, all geological staffing, plus sample collection, preparation and analysis, estimates of community costs and includes a 15% contingency on the quoted cost.
Toronto, Canada ( February 5, 2026) – TheNewswire - Mammoth Resources Corp. (TSX-V: MTH), (the “Company”, or “Mammoth”) is pleased to announce results from bottle roll tests performed on a coarser fraction composite sample of oxidized near-surface gold-silver mineralized material collected from assay reject samples of drill holes from the 2021-22 drill campaign, within the large Carneritos area at its 100% owned Tenoriba project, Chihuahua State, Mexico. Gold recoveries in a bottle roll test of this coarser fraction, oxidized material passing -10 mesh, or 20 times coarser than material previously sampled in preliminary metallurgical testing from this same composite sample, gave recoveries of 87% gold and 67% silver, results of which compare favourably to gold recoveries ranging from 75% to 90% and silver recoveries around 65% in initial, finer fraction bottle roll testing (refer to press release on the Company's web site dated November 9, 2023 ). The majority of the gold and silver leaches within the first 12 hours of a total of a 96-hour test. Moving to a coarser fraction, 20 times coarser than prior testing, bodes well for what we can expect from further testing as we advance to small-scale, pilot mineral extraction and heap leach testing as a step towards a future full-scale operation.