Mammoth's mapping has identified additional granodioritic and quartz feldspar porphyritic intrusive bodies situated south west of Masuparia's previous mapped area and steeply to moderately dipping north, northeast and northwest striking structural trends which appear to control the higher gold values. Over the Metalito and El Moreno areas (areas of small artisanal exploration and mining to the north and west, respectively of Masuparia's area of focused exploration) and in the Carneritos area (refer to figure 1. Sample Location Map), rocks with the strongest silicification exhibit patchy vuggy silica texture which could be hydrothermal in origin. Numerous areas with a concentration of vuggy silica float are also observed throughout these areas. 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 of an epithermal high sulphidation target exists at Tenoriba such as those hosted at Alamos Gold's Mulatos deposit (wherein following commercial production in 2006 the asset is estimated to produce on average of approximately 150,000 ounces of gold per year and still has approximately 2.0 million ounces of gold resource) and Gold Corp's El Sauzal deposit (which to date has produced approximately 1.5 million ounces of gold).
Mammoth Resources will be at the Cambridge House Vancouver Resource Investment Conference commencing Sunday, January 20 through Monday, January 21st - Booth 1911. The company will also, along with two other companies be hosting a free luncheon presentation for those interested in learning more about the company and its projects. Please visit our website for luncheon details.
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% each of the Urique and the Tenoriba Properties, both of which are 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 Urique property and is responsible for any technical data mentioned in this news release. Samples 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.
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