Mammoth Reports 39.0 Metres Grading 1.2 g/t Gold Equivalent from Diamond Drilling at its Tenoriba Gold-Silver Property, Mexico
Original announcement by tmx on
- Company
- Mammoth Resources Corp.
- Ticker
- MTH
- Exchange
- TSX
- Region
- Mexico
- Primary commodity
- Gold
- Secondary commodities
- Silver, Copper
- Document categories
- Drill results
- Extracted
- 2026-09-18 11:16:41 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Mammoth Resources Corp. has reported drill results from the final six holes of its 27-hole program at the Tenoriba gold-silver property in Mexico. The results include significant gold-silver intercepts, notably 39.0m at 1.22 g/t gold equivalent in the Masuparia area, supporting a bulk open-pit and heap leach mining scenario.
Reasoning: The release reports successful step-out drilling that intersects potentially economical gold-silver mineralization across multiple targets, supporting an open-pit/heap leach scenario.
Positive factors
- Step-out drilling successful in testing new targets up to 0.5km from prior drilling
- Intercepts of potentially economical mineralization (tens of metres) across all three project areas
- High-grade gold-silver intercepts in Masuparia area (5.28 g/t Au)
- Mineralization remains open beyond the 4km strike length
Negative factors
- Some holes abandoned short of target depth due to broken ground/tightening rods
Facts used in scoring: 5
Classification and evidence
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Company stated they stepped-out up to half a kilometre from prior drilling to test new targets.
Evidence · text
“we stepped-out up to half a kilometre from prior drilling to test new targets”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: Release discloses use of ALS laboratories, insertion of blanks and duplicates, and QP sign-off.
Evidence · text
“Samples referenced in this press release were prepared and analyzed by ALS laboratories (ALS)”
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: The 5.28 g/t Au intercept in TEN 21-24 is strong for an epithermal/open-pit target.
Evidence · table
“5.28”
Context: 3.0
Extracted facts
Stored fact records: 5. Some facts used in scoring do not have a stored record.
Drill Results (5)
TEN 21-22Drill Hole TEN 21-22 Drill Hole TEN 21-22 was collared in the epithermal HS gold-silver mineralized · goldGrade: 0.98Grade Unit: g/tIntercept: 3 mView all detailsHide details
Identity
- Hole ID
- TEN 21-22
- Project
- Drill Hole TEN 21-22 Drill Hole TEN 21-22 was collared in the epithermal HS gold-silver mineralized
- Commodity
- gold
- Region
- mexico
- Reported Region
- mexico
- Ticker
- MTH
Geometry
- Grade
- 0.98
- Grade Unit
- g/t
- Intercept
- 3 m
- From
- 12 m
- To
- 15 m
- Hole Depth
- 71.7 m
- Intercept Depth
- 12 m
Classification
- Deposit Type
- epithermal
- Program
- resource
- Sample Type
- drill
- Group ID
- TEN 21-22:12-15
- Mining Method
- open_pit
Location
- Location
- Carneritos
- Azimuth
- 130 °
- Dip
- -65 °
- Loc. Source
- document
QA/QC
- Laboratory
- ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2022-12-15T00:00:00.000Z
Reasoning: Routine intercept in a known mineralized zone.
Evidence · table
“0.98”
Context: 3.0
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
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
TEN 21-22Drill Hole TEN 21-22 Drill Hole TEN 21-22 was collared in the epithermal HS gold-silver mineralized · silverGrade: 10Grade Unit: g/tIntercept: 3 mView all detailsHide details
Identity
- Hole ID
- TEN 21-22
- Project
- Drill Hole TEN 21-22 Drill Hole TEN 21-22 was collared in the epithermal HS gold-silver mineralized
- Commodity
- silver
- Region
- mexico
- Reported Region
- mexico
- Ticker
- MTH
Geometry
- Grade
- 10
- Grade Unit
- g/t
- Intercept
- 3 m
- From
- 12 m
- To
- 15 m
- Hole Depth
- 71.7 m
- Intercept Depth
- 12 m
Classification
- Deposit Type
- epithermal
- Program
- resource
- Sample Type
- drill
- Group ID
- TEN 21-22:12-15
- Mining Method
- open_pit
Location
- Location
- Carneritos
- Azimuth
- 130 °
- Dip
- -65 °
- Loc. Source
- document
QA/QC
- Laboratory
- ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2022-12-15T00:00:00.000Z
Reasoning: Routine silver intercept.
Evidence · table
“10.0”
Context: 3.0
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
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
TEN 21-24Tenoriba · goldGrade: 1.14Grade Unit: g/tIntercept: 39 mView all detailsHide details
Identity
- Hole ID
- TEN 21-24
- Project
- Tenoriba
- Commodity
- gold
- Region
- mexico
- Reported Region
- mexico
- Ticker
- MTH
Geometry
- Grade
- 1.14
- Grade Unit
- g/t
- Intercept
- 39 m
- From
- 54 m
- To
- 91.5 m
- Hole Depth
- 176.9 m
- Intercept Depth
- 9 m
Classification
- Deposit Type
- epithermal
- Program
- resource
- Sample Type
- drill
- Group ID
- TEN 21-24:54-91.5
- Mining Method
- open_pit
Location
- Location
- Masuparia
- Azimuth
- 15 °
- Dip
- -55 °
- Loc. Source
- document
QA/QC
- Laboratory
- ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2022-12-15T00:00:00.000Z
Reasoning: Strong intercept in terms of both grade and width.
Positive factors
- Significant width of 39m
- Consistent with potentially economical mineralization
Evidence · table
“1.14”
Context: 39.0
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
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
TEN 21-24Tenoriba · silverGrade: 5.4Grade Unit: g/tIntercept: 39 mView all detailsHide details
Identity
- Hole ID
- TEN 21-24
- Project
- Tenoriba
- Commodity
- silver
- Region
- mexico
- Reported Region
- mexico
- Ticker
- MTH
Geometry
- Grade
- 5.4
- Grade Unit
- g/t
- Intercept
- 39 m
- From
- 54 m
- To
- 91.5 m
- Hole Depth
- 176.9 m
- Intercept Depth
- 9 m
Classification
- Deposit Type
- epithermal
- Program
- resource
- Sample Type
- drill
- Group ID
- TEN 21-24:54-91.5
- Mining Method
- open_pit
Location
- Location
- Masuparia
- Azimuth
- 15 °
- Dip
- -55 °
- Loc. Source
- document
QA/QC
- Laboratory
- ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2022-12-15T00:00:00.000Z
Reasoning: Secondary metal in a significant intercept.
Evidence · table
“5.4”
Context: 39.0
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
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
TEN 21-24Tenoriba · goldGrade: 5.28Grade Unit: g/tIntercept: 3 mView all detailsHide details
Identity
- Hole ID
- TEN 21-24
- Project
- Tenoriba
- Commodity
- gold
- Region
- mexico
- Reported Region
- mexico
- Ticker
- MTH
Geometry
- Grade
- 5.28
- Grade Unit
- g/t
- Intercept
- 3 m
- From
- 55 m
- To
- 57 m
- Hole Depth
- 176.9 m
- Intercept Depth
- 9 m
Classification
- Deposit Type
- epithermal
- Program
- resource
- Sample Type
- drill
- Group ID
- TEN 21-24:55-57
- Mining Method
- open_pit
Location
- Location
- Masuparia
- Azimuth
- 15 °
- Dip
- -55 °
- Loc. Source
- document
QA/QC
- Laboratory
- ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2022-12-15T00:00:00.000Z
Reasoning: Bonanza-style grade for this deposit type.
Positive factors
- High grade intercept
Evidence · table
“5.28”
Context: 3.0
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
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
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.