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Mammoth Samples Up to 23.6 Grams Per Tonne Gold at Its Tenoriba Property, Mexico

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Overall, the field work to date has confirmed Masuparia's previous geological observations, including the presence of a large area extending over numerous square kilometres of altered Tertiary felsic volcanics intruded by diorite, quartz monzonitic and quartz feldspar intrusives. Unsorted volcanic breccias have been observed by the Mammoth team to be much more common throughout the volcanic pile than previously reported.

      Summary Table of Assay Results Exceeding 2.0 gpt Gold Equivalent   (a complete table of results assaying above 0.3 gpt gold equivalent are               presented in Table 1 attached to this release)----------------------------------------------------------------------------                               Sample                            Interval/Sample            Sample         Area           Au           Ag        Au EqNumber            Method          (m)        (gpt)        (gpt)        (gpt)----------------------------------------------------------------------------330002              chip          0.4        23.60         62.1        24.84----------------------------------------------------------------------------330003              chip          0.6         3.74         12.3         3.99----------------------------------------------------------------------------330006              grab                      8.36         18.4         8.73----------------------------------------------------------------------------330014              grab                      6.17          7.8         6.33----------------------------------------------------------------------------330015              grab    1.0 x 2.5         0.37        235.0         5.07----------------------------------------------------------------------------330028              dump                      4.33          2.7         4.38----------------------------------------------------------------------------330043              chip          0.4         1.05         42.9         1.91----------------------------------------------------------------------------330044              chip          1.0         1.16         39.7         1.95----------------------------------------------------------------------------330045              chip          1.5         0.53         51.9         1.57----------------------------------------------------------------------------330046              chip          1.5         0.70         63.0         1.96----------------------------------------------------------------------------330068              chip          1.5         1.04         30.0         1.64----------------------------------------------------------------------------330071              chip          1.5         1.67         68.2         3.03----------------------------------------------------------------------------330108              chip          1.5         0.62         97.0         2.56----------------------------------------------------------------------------330143              grab                      0.77        106.0         2.89----------------------------------------------------------------------------330149              grab                      5.71          4.0         5.79----------------------------------------------------------------------------330168              grab                      1.61         24.2         2.09----------------------------------------------------------------------------330177              chip          1.0        11.90         15.5        12.21----------------------------------------------------------------------------330186              chip          1.7         3.50         44.1         4.38----------------------------------------------------------------------------330187              chip          1.0         5.10         42.3         5.95----------------------------------------------------------------------------330189              chip          1.0         1.75         42.1         2.59----------------------------------------------------------------------------330192              chip          1.0         1.40         29.6         1.99----------------------------------------------------------------------------330197              chip          1.5         3.84          8.6         4.01----------------------------------------------------------------------------330199              chip          1.0         2.16         17.1         2.50----------------------------------------------------------------------------330201              chip          1.0         2.17         11.2         2.39----------------------------------------------------------------------------330203              chip          0.6         1.21         68.5         2.58----------------------------------------------------------------------------330226              chip          1.5         2.12         36.5         2.85----------------------------------------------------------------------------TEN-12              chip          1.5         2.83         36.8         3.57----------------------------------------------------------------------------

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