Mammoth's work has also identified steeply to moderately dipping north, northeast and northwest striking structural trends which appear to control the higher gold values reported by Masuparia. Over the Metalito and El Moreno areas (areas of small artisanal exploration and mining) and in the Carneritos area (a geological map will be presented when assay results are available), rocks with the strongest silicification exhibit patchy vuggy silica texture which could be hydrothermal in origin. Numerous vuggy silica floats are also observed throughout the area. In addition our work has also identified the presence of minor white clay stringers of apparent hydrothermal origin. In Masuparia's diamond drill core and in two areas (El Moreno and Los Carneritos), situated 0.7 kilometres west and 1.2 kilometres northeast of Masuparia's drill area, respectfully. The presence of Alunite and/or Dickite clay stringers and hydrothermal vuggy silica could be indicative that an epithermal high sulphidation target at Tenoriba exists/is present.
All sample results are pending, however the company expects to have some results in the coming weeks.
About Mammoth Resources:
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% of the Urique Property and the Tenoriba Property located in the Sierra Madre Precious Metal Belt in southwestern Chihuahua State, Mexico and continues to seek other option agreements 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 any technical data mentioned in this news release.
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.
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 view the figure associated with this press release, please visit the following link: http://media3.marketwire.com/docs/Mammothfig1.pdf.
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.
Mammoth Resources Corp.
President & CEO
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