Mammoth Provides Year-End Update on Activities at its Tenoriba Gold-Silver Property, Mexico

Original announcement by tmx on

Company
Mammoth Resources Corp.
Ticker
MTH
Exchange
TSX
Region
Chihuahua State, Mexico
Primary commodity
Gold
Secondary commodities
Silver, Copper
Document categories
Drill results, Metallurgy
Extracted
2026-09-18 11:17:34 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Mammoth Resources Corp. provided a year-end update for its Tenoriba gold-silver property in Mexico, highlighting the completion of a 27-hole drill program. The results include several high-grade gold-silver intercepts and positive preliminary metallurgical testwork, with the company now working toward a maiden mineral resource.

Reasoning: The company reported a successful 27-hole drill program with several high-grade gold-silver intercepts and positive preliminary metallurgical indicators, advancing the project toward a maiden resource.

Positive factors

  • High-grade gold-silver intercepts reported across multiple project areas
  • Step-out drilling successfully testing boundaries of mineralization
  • Preliminary metallurgical results show high gold recoveries (>90%)
  • QA/QC protocols and QP sign-off clearly disclosed

Negative factors

  • Project is still in the exploration stage with no maiden resource yet established

Facts used in scoring: 8

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: CEO stated drilling often stepped-out hundreds of metres from prior drilling.

Evidence · text

“Mammoth drilled these areas, often stepping-out hundreds of metres from prior drilling”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release details ALS laboratory use, blank/duplicate insertion, and QP sign-off.

Evidence · text

“Richard Simpson, P.Geo... is Mammoth's Qualified Person... Samples... were prepared and analyzed by ALS laboratories”

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: Prior bottle-roll tests showed gold recoveries in excess of 90%.

Evidence · text

“recoveries of gold in excess of 90 percent in less than 24 hours under cyanide leach”

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: the document describes a heap_leach route ("heap leach")

Single Domain Onlynegative

Testing limited to one composite or domain — representativeness not established.

Why it applies: only one composite was tested

Extracted facts

Stored fact records: 8. Some facts used in scoring do not have a stored record.

Drill Results (7)

TEN 21-01Tenoriba · goldGrade: 0.31Grade Unit: g/tIntercept: 37.5 mView all details
Link to this fact

Identity

Hole ID
TEN 21-01
Project
Tenoriba
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MTH

Geometry

Grade
0.31
Grade Unit
g/t
Intercept
37.5 m
From
7.5 m
To
45 m
Intercept Depth
7.5 m

Classification

Sample Type
drill
Group ID
TEN 21-01:7.5-45

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2022-12-23T00:00:00.000Z

Reasoning: Routine intercept in a larger program.

Evidence · table

“0.31”

Context: 37.5

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

TEN 21-01Tenoriba · silverGrade: 17.1Grade Unit: g/tIntercept: 37.5 mView all details
Link to this fact

Identity

Hole ID
TEN 21-01
Project
Tenoriba
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MTH

Geometry

Grade
17.1
Grade Unit
g/t
Intercept
37.5 m
From
7.5 m
To
45 m
Intercept Depth
7.5 m

Classification

Sample Type
drill
Group ID
TEN 21-01:7.5-45

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2022-12-23T00:00:00.000Z

Reasoning: Routine silver intercept.

Evidence · table

“17.1”

Context: 37.5

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

TEN 21-19Tenoriba · goldGrade: 1.14Grade Unit: g/tIntercept: 10.6 mView all details
Link to this fact

Identity

Hole ID
TEN 21-19
Project
Tenoriba
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MTH

Geometry

Grade
1.14
Grade Unit
g/t
Intercept
10.6 m
From
3 m
To
13.7 m
Intercept Depth
3 m

Classification

Sample Type
drill
Group ID
TEN 21-19:3-13.7

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2022-12-23T00:00:00.000Z

Reasoning: High grade intercept relative to the average program grades.

Positive factors

  • Strong gold grade for the project context

Evidence · table

“1.14”

Context: 10.6

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

TEN 21-19Tenoriba · silverGrade: 17.9Grade Unit: g/tIntercept: 10.6 mView all details
Link to this fact

Identity

Hole ID
TEN 21-19
Project
Tenoriba
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MTH

Geometry

Grade
17.9
Grade Unit
g/t
Intercept
10.6 m
From
3 m
To
13.7 m
Intercept Depth
3 m

Classification

Sample Type
drill
Group ID
TEN 21-19:3-13.7

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2022-12-23T00:00:00.000Z

Reasoning: High silver grade intercept.

Positive factors

  • Strong silver grade

Evidence · table

“17.9”

Context: 10.6

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

TEN 21-13Tenoriba · goldGrade: 0.98Grade Unit: g/tIntercept: 37.5 mView all details
Link to this fact

Identity

Hole ID
TEN 21-13
Project
Tenoriba
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MTH

Geometry

Grade
0.98
Grade Unit
g/t
Intercept
37.5 m
From
0 m
To
37.5 m
Intercept Depth
0 m

Classification

Sample Type
drill
Group ID
TEN 21-13:0-37.5

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2022-12-23T00:00:00.000Z

Reasoning: Solid gold intercept in Moreno area.

Evidence · table

“0.98”

Context: 37.5

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

TEN 21-13Tenoriba · silverGrade: 15.1Grade Unit: g/tIntercept: 37.5 mView all details
Link to this fact

Identity

Hole ID
TEN 21-13
Project
Tenoriba
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MTH

Geometry

Grade
15.1
Grade Unit
g/t
Intercept
37.5 m
From
0 m
To
37.5 m
Intercept Depth
0 m

Classification

Sample Type
drill
Group ID
TEN 21-13:0-37.5

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2022-12-23T00:00:00.000Z

Reasoning: Solid silver intercept.

Evidence · table

“15.1”

Context: 37.5

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

TEN 21-13Tenoriba · copperGrade: 0.55Grade Unit: %Intercept: 18 mView all details
Link to this fact

Identity

Hole ID
TEN 21-13
Project
Tenoriba
Commodity
copper
Region
mexico
Reported Region
mexico
Ticker
MTH

Geometry

Grade
0.55
Grade Unit
%
Intercept
18 m
From
10.5 m
To
28.5 m
Intercept Depth
10.5 m

Classification

Sample Type
drill
Group ID
TEN 21-13:10.5-28.5

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2022-12-23T00:00:00.000Z

Reasoning: Copper intercept within a gold-silver interval.

Positive factors

  • Presence of copper in gold-silver target

Evidence · table

“0.55”

Context: 18.0

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Metallurgical Results (1)

bottle rollTenoriba · goldRecovery: 90 %View all details
Link to this fact

Identity

Project
Tenoriba
Commodity
gold
Region
mexico
Reported Region
Chihuahua State, Mexico
Ticker
MTH

Test Work

Program Status
preliminary
Test Type
bottle roll
Processing Route
cyanide leach
Sample
oxide and transition zone core sample material within the central Masuparia area

Recovery

Recovery
90 %
Recovery Basis
actual_test

Review

Needs Review
No
Historical
No

Dates

Event date
2022-12-23T00:00:00.000Z

Reasoning: Strong metallurgical results from prior testing in Masuparia.

Positive factors

  • High gold recoveries (>90%)

Evidence · text

“recoveries of gold in excess of 90 percent in less than 24 hours under cyanide leach”

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.