Mammoth Resources Corp. announced that it has received assay results from samples taken from its first two exploration campaigns by its geological team exploring the company's Tenoriba Property, located in the prolific Sierra Madre precious metal belt in south western Chihuahua state, Mexico. The best result from this campaign assayed 23.6 grams per tonne (gpt) gold and 62.1 gpt silver, or 24.84 gpt gold equivalent (using a ratio of 50 gpt silver is equivalent to 1.0 gpt gold based on current gold and silver prices).

This single high gold assay was followed by 26 other samples that exceeded more than 2.0 gpt gold equivalent, 45 results that exceeded 1.0 gpt gold and 85 samples that were anomalous exceeding 0.3 gpt gold equivalent, of a total of 219 samples collected. Furthermore, many of these samples came from areas where mapping and sampling of similarly altered felsic volcanics and breccia with numerous locations of vuggy silica occurred as much as one kilometre to the northeast and to the southwest of the area of focused exploration and drilling by the previous optionor, Masuparia Gold Corporation (Masuparia), where Masuparia assayed up to 45 grams per tonne gold. The 219 surface rock samples and 7 stream sediments samples taken to date have been collected over selected accessible portions of an approximate 12 square kilometre area (an approximate 3 kilometre by 4 kilometre area).

In addition, 44 surface and core samples have been selected for Xray Fluorescence analysis to identify the type of clays present in the altered Tertiary felsic volcanic. Identification of these clay alteration types will help to identify the type of mineralization system (high, or possibly low-sulphidation, or porpyritic epithermal-type) present at Tenoriba. Overall, the field work to date has confirmed Masuparia's previous geological observations, including the presence of a large area extending over numerous square kilometres of altered Tertiary felsic volcanics intruded by diorite, quartz monzonitic and quartz feldspar intrusives.