# Mammoth Announces Results of Independent Drill Hole Spacing Analysis with Recommendations to Identify Initial Mineral Resource Estimate at Tenoriba Gold-Silver Property, Mexico Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/mammoth-announces-results-of-independent-drill-hole-spacing-analysis-with-recomm--b2d603c9-c0da-49db-b40b-1b4131b0efe0 Original source: https://money.tmx.com/en/quote/MTH/news/8601827318545481/mammoth-announces-results-of-independent-drill-hole-spacing-analysis-with-recomm Publisher: tmx Original announcement: 2023-11-30T14:30:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Mammoth Resources Corp. - Ticker: MTH - Exchange: TSX - Region: Mexico - Primary commodity: Gold - Secondary commodities: Silver - Document categories: Resource update, Other - Extracted: 2026-09-18 11:15:09 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary Mammoth Resources Corp. has released the results of an independent Drill Hole Spacing Analysis \(DHSA\) conducted by P&E Mining Consultants for its Tenoriba gold-silver property in Mexico. The study recommends specific drill spacing \(40-80m\) across three mineralized areas to support a forthcoming initial Inferred Mineral Resource Estimate. Reasoning: The announcement provides a technical roadmap \(DHSA\) to move from exploration to an Inferred Mineral Resource Estimate, de-risking the next phase of drilling. - Positive factor: Independent third-party DHSA provides clear roadmap for resource definition - Positive factor: Expert QP/CP sign-off from P&E Mining Consultants - Positive factor: Successful historical drilling intersecting multiple tens of metre intervals - Positive factor: Supportive metallurgical results for low-cost heap leaching - Negative factor: Project is still in the exploration/pre-resource stage Facts used in scoring: 3 ## Classification and evidence **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: The DHSA specifically recommends drill spacing required to estimate an Inferred Mineral Resource. Evidence · text > to determine a proposed drill hole spacing P&E believe would be required to estimate an Inferred Mineral Resource. **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: The study was performed by Fred Brown, M.Sc., P.Geo. and reviewed by Eugene Puritch, P.Eng. Evidence · text > The DHSA was performed by Mr. Fred Brown, M.Sc., P.Geo. of P&E Mining Consultants Inc. ## Extracted facts Stored fact records: 3. Some facts used in scoring do not have a stored record. ## Resource Estimates (3) ### El Moreno [Link to this fact](https://atlas-extractions.minestarters.com/news/mammoth-announces-results-of-independent-drill-hole-spacing-analysis-with-recomm--b2d603c9-c0da-49db-b40b-1b4131b0efe0#fact-resource-facts-0) Tenoriba · gold #### Identity - Project: Tenoriba - Commodity: gold - Region: mexico - Reported Region: Mexico - Ticker: MTH #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - Resource group id: resource:9d3b95730b9fc50df691 - Deposit or zone: El Moreno - Mining method: combined - Ownership percent: 100 % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2023-11-30T00:00:00.000Z Reasoning: This is a planning fact rather than a resource estimate itself, but it defines the requirements for the next resource update. - Positive factor: Provides specific technical parameters for future resource definition Evidence · text > El Moreno: 80 metres #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Masuparia [Link to this fact](https://atlas-extractions.minestarters.com/news/mammoth-announces-results-of-independent-drill-hole-spacing-analysis-with-recomm--b2d603c9-c0da-49db-b40b-1b4131b0efe0#fact-resource-facts-1) Tenoriba · gold #### Identity - Project: Tenoriba - Commodity: gold - Region: mexico - Reported Region: Mexico - Ticker: MTH #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - Resource group id: resource:51240c44bb16d9179470 - Deposit or zone: Masuparia - Mining method: combined - Ownership percent: 100 % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2023-11-30T00:00:00.000Z Reasoning: This is a recommendation for future drilling spacing to support an Inferred Resource, not a reported resource estimate. - Positive factor: Provides specific technical parameters for future resource definition Evidence · text > Masuparia: 40 metres #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Los Carneritos [Link to this fact](https://atlas-extractions.minestarters.com/news/mammoth-announces-results-of-independent-drill-hole-spacing-analysis-with-recomm--b2d603c9-c0da-49db-b40b-1b4131b0efe0#fact-resource-facts-2) Tenoriba · gold #### Identity - Project: Tenoriba - Commodity: gold - Region: mexico - Reported Region: Mexico - Ticker: MTH #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - Resource group id: resource:a0662801ab3bb8723fa9 - Deposit or zone: Los Carneritos - Mining method: combined - Ownership percent: 100 % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2023-11-30T00:00:00.000Z Reasoning: This is a recommendation for future drilling spacing to support an Inferred Resource, not a reported resource estimate. - Positive factor: Provides specific technical parameters for future resource definition Evidence · text > Los Carneritos: 80 metres #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.