# Mammoth Resources Advancing Small-Scale Gold-Silver Production At Its Tenoriba Property, Mexico Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/mammoth-resources-advancing-small-scale-gold-silver-production-at-its-tenoriba-p--bcbb2bde-c2ef-431b-a78f-26babaaec4c3 Original source: https://money.tmx.com/en/quote/MTH/news/7266450841491837/mammoth-resources-advancing-small-scale-gold-silver-production-at-its-tenoriba-p Publisher: tmx Original announcement: 2025-02-27T13:30:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Mammoth Resources Corp. - Ticker: MTH - Exchange: TSX - Region: Chihuahua State, Mexico - Primary commodity: Gold - Secondary commodities: Silver - Document categories: Metallurgy, Production, Permitting, Drill results - Extracted: 2026-09-18 11:12:42 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary Mammoth Resources is investigating small-scale gold-silver production at its Tenoriba property in Mexico using either a nearby 200 tpd flotation mill or a pilot heap leach pad. The initiative aims to generate cash flow and provide metallurgical data to support future large-scale development of its near two-million ounce gold-silver target. Reasoning: The company is exploring two low-CAPEX production scenarios \(custom milling or heap leach\) to generate cash flow and de-risk its larger gold-silver target. - Positive factor: Potential for near-term cash flow via small-scale production - Positive factor: Proximity to existing 200 tpd flotation mill - Positive factor: High gold prices \(US$3,000/oz\) improving economics - Positive factor: Preliminary metallurgical results show up to 90% gold recovery - Negative factor: Small-scale production is pilot-stage and requires new permitting - Negative factor: Requires investigation of water supply and environmental impacts Facts used in scoring: 2 ## Classification and evidence **Nearology Play** Polarity: neutral Story-specific tag Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: The production opportunity is driven by the proximity \(16km\) to a third-party flotation mill. Evidence · text > located within a 16-kilometre \(km\) haul distance from Mammoth’s Tenoriba project **QA/QC Disclosed** Polarity: positive Story-specific tag Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: The release names a Qualified Person \(Richard Simpson, P.Geo.\) responsible for the technical data. Evidence · text > Richard Simpson, P.Geo., Vice-President Exploration for Mammoth Resources Corp. is Mammoth's QP/QC **Heap Leach Route** Polarity: neutral Definition: Processing via heap leach — lower CAPEX and OPEX, lower recovery expected. Why it applies: the document describes a heap\_leach route \("heap leach"\) **Mill Route** Polarity: neutral Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\). Why it applies: the document describes a flotation route \("flotation"\) **Single Domain Only** Polarity: negative Definition: Testing limited to one composite or domain — representativeness not established. Why it applies: only one composite was tested ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Drill Results (1) ### Fact 1 [Link to this fact](https://atlas-extractions.minestarters.com/news/mammoth-resources-advancing-small-scale-gold-silver-production-at-its-tenoriba-p--bcbb2bde-c2ef-431b-a78f-26babaaec4c3#fact-drill-facts-1) Tenoriba · gold #### Identity - Project: Tenoriba - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MTH #### Geometry - Grade: 2 - Grade Unit: g/t #### Classification - Sample Type: surface #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-02-27T00:00:00.000Z Reasoning: Surface grades reported as gold equivalent. - Positive factor: Economical grades identified in multiple areas Evidence · text > potentially economical grades of up to 2.0 grams per tonne gold equivalent \(gold:silver ratio of 1:80\) #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **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 ## Metallurgical Results (1) ### Fact 1 [Link to this fact](https://atlas-extractions.minestarters.com/news/mammoth-resources-advancing-small-scale-gold-silver-production-at-its-tenoriba-p--bcbb2bde-c2ef-431b-a78f-26babaaec4c3#fact-metallurgical-facts-0) Tenoriba · gold Historical result Needs review: historical\_restatement #### Identity - Project: Tenoriba - Commodity: gold - Region: mexico - Reported Region: Chihuahua State, Mexico - Ticker: MTH #### Test Work - Sample: surface to shallow depth, mixed oxidized-sulfide/transition zone mineralized material #### Recovery - Recovery: 90 % - Recovery Basis: actual\_test #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2023-11-09T00:00:00.000Z #### Dates - Event date: 2025-02-27T00:00:00.000Z Reasoning: Historical metallurgical result showing strong gold recovery via cyanide. - Positive factor: High recovery rate of 90% Evidence · text > gold recoveries of up to 90% in tests of gold mineralized material at Tenoriba \(refer to press release dated November 9, 2023\) ## 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.