Minimize

Welcome!

Mammoth Resources – Updates On The Recent Capital Raise, Ground Work & Geophysics, And Upcoming Drill Program

Cory
June 14, 2021

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.

If you have any follow up questions for Thomas regarding Mammoth Resources, please email us at fleck@kereport.com or shad@kereport.com.

Click here for the summary of the recent news out of Mammoth Resources.

Discussion
15 Comments
    cfs
    Jun 14, 2021 14:53 AM

    Off topic:

    E79 Resources drills 11.1 m of 160.46 g/t Au at Happy

    2021-06-14 09:13 ET – News Release

    Mr. Rory Quinn reports

    E79 RESOURCES DRILLS 11.10M OF 160.45G/T GOLD AT THE HAPPY VALLEY PROSPECT, VICTORIA, AUSTRALIA

    E79 Resources Corp (ESVNF)

      Jun 14, 2021 14:19 AM

      No US symbol that I know of, but looks like good drill results.

        Jun 14, 2021 14:33 AM

        Thanks for the symbol

      Jun 14, 2021 14:38 PM

      Got some E79.

    cfs
    Jun 14, 2021 14:58 AM

    Cerrado drills 23.46 m of 3.38 g/t Au at Monte do Carmo

    2021-06-14 06:46 ET – News Release
    Mr. Mark Brennan reports
    CERRADO GOLD INTERCEPTS 23.5M AT 3.4G/T AU, 4.2M AT 17.2G/T AU AND 18.8M AT 3.4G/T AU FROM FINAL ASSAY RESULTS FROM ITS PHASE 1 DRILLING PROGRAM AT MONTE DO CARMO PROJECT IN BRAZIL

    cfs
    Jun 14, 2021 14:02 AM

    BBLR

    Bluestone drills 140m of 1.1g/t Au, 8.2g/t Ag at Blanco

      Jun 14, 2021 14:25 AM

      That’s a nice long gold intercept from Bluestone Resources.

        Jun 14, 2021 14:30 AM

        I am back in. Many good widths in the report.

          Jun 14, 2021 14:43 PM

          Yeah, the Bluestone team has been moving things along and continuing to grow their already substantial project. Looking good…

    Jun 14, 2021 14:53 AM

    8 mcap, 3m for drilling, landpackage and still cheap. Me likey.

    Jun 14, 2021 14:54 AM

    Great interview and this summer drill program is definitely worth the wait.
    Slow overal sector right now and volume drying up in MTH, if you look at the trading days of Mammoth. Last week there was some selling pressure but everything offered has been consumed. Good to see the share price still well above the PP price.

      Jun 14, 2021 14:12 PM

      Hi Argentum. Good thoughts on Mammoth Resources, and yes, it is nice to see the investor interest was there for upsizing the capital raise, and that the stock has had a good amount of buying coming in that has kept the share price above the private placement price. Investors are keen to get behind good projects with good prospectivity to hit with the drill bit. Wishing Thomas and the team good fortune with the upcoming drill season.

    Jun 14, 2021 14:33 PM

    50% tap in the fib retrace is a given but the suckers want 61.8% we will tap $1802 at the minimum of course in glens opinion. The question will be, will that break that solid trend line that all the miners are hanging onto?

    For example impact silver is hanging on to . 72-.74 for a long time. Same with brixton .19 forever. Same with imo t .12.5 forever etc etc with galeón .20…

    The question is if it breaks lower gold will those hold?

    I sure hopes so.. they showed strength today vs the drop but if we get another hard drop I’m not sure.

    Glen

    Jun 14, 2021 14:35 PM

    The mm’s are scum and we can have a hard drop and get ready as Gary has also suggested into Wednesday. I mentioned Friday we should turn!

    Make no mistake we are headed higher the bottom is in barring armegdon but the miners keep dropping and at some point need to break out hard..

    Glen.

    Jun 15, 2021 15:49 AM

    (AGI) Alamos Gold Reports Best Hole Drilled to Date at Island Gold (71.21 g/t Au over 21.33 m true width), Extending High-Grade Gold Mineralization Down-Plunge from Existing Mineral Resources

    15 Jun 2021

    https://ceo.ca/@nasdaq/alamos-gold-reports-best-hole-drilled-to-date-at-island