Mammoth Resources – Updates On The Recent Capital Raise, Ground Work & Geophysics, And Upcoming Drill Program
Thomas Atkins, President and CEO of Mammoth Resources (TSX.V:MTH – OTC:MMMRF) joins us for an update on recent Company news. We start by reviewing the recent upsizing of the capital raise to $2.85 million, from $2 million, as per the June 9th press release. Thomas highlights the 4 primary targets the Company has identified at the Tenoriba Project, in Mexico, which include the Central and East zones. These target shave been prioritized based on the recent IP and MAG Geophysics, over 3,000 soil Geochem samples, over 1,000 rock chip and channel samples, and in connection with prior drill results. The plan is to put 3-5 drill holes in each of these targets in the upcoming exploration program.
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