Mammoth Resources Corp. announced results from an additional three drill holes from its diamond drilling program at its 100% owned Tenoriba gold-silver property located in the prolific Sierra Madre precious metal belt, Mexico. The drill program is designed to test up to five target zones which measure from hundreds of metres (m) to over one kilometre (km) in strike length along a 4 km, east-west trend of gold-silver mineralization identified in 3-dimensional (3D) modelling incorporating data from over 3,000 soil, chip and channel samples, 26 prior diamond drill holes, geological and structural mapping and the potential continuity at depth of surface mineralization as indicated by an Induced Polarization/Magnetometer (IP/Mag) geophysical survey.

An additional three diamond drill holes have been completed for a total of 569.5 metres bringing the total metres (m) reported to date to 995.5 m in 7 holes. The first four holes tested the TA-2 target in the Carneritos area of the project while these three holes tested the TA-3(a) target in the central Masuparia area of the project, approximately 700 m from the closest Carneritos drilling. As previously discussed, Mammoth intends to initially drill 2 to 4 holes within each target zone then move to another target zone to drill a similar number of holes.

Company geologists intend to await the results from the initial 2 to 4 drill holes in a target area prior to returning to the area to follow up drilling of these areas. Where mineralized intervals are intersected in the initial sequence of drilling, or where holes fail to encounter mineralization as suggested by the data, follow up drilling will be based on field assessments combined with surface geology, sampling and geophysics data to assist in defining follow up drill collar locations with the aim of assisting in more clearly understanding and testing the controls and continuity to gold-silver mineralization. Targets TEN 21-05 and 06 were drilled to test the interpreted F3, west-northwest fault as identified in the 3D geophysical interpretation within the generally west-northwest - east-southeast TA-3(a) mineralized trend/target area.

In both holes the F3 fault was intercepted and coincides with highly fractured/grinded core intervals from 113 to 139 and 117 to 124 m core length in hole 21-05 and 21-06, respectively. These intervals were not mineralized. As a result, it can be said that the F3 fault appears to be an un-mineralized, late, normal fault (south block down) and the mineralization intervals encountered in these holes does not appear to be fault controlled, but may be an extension of the general west-northwest - east-southeast TA-3(a) mineralized trend.

The second target; TEN21-08 was drilled to test the north extension of the west-northwest trending Metalito structure which was observed in a small artisanal mine where surface samples assayed up to 1.3 grams/tonne (g/t) gold over 1.8 m and where dickite clay (an alteration clay commonly observed in High Sulphidation precious metal systems), was also observed. The Metalito structure was intercepted from 58 to 76 m and it was within this structure that the reported gold-silver values were encountered. Drill Hole TEN 21-05: The hole was drilled to a depth of 220.5 m of a planned 200 to 250 m depth at 65 degrees decline/dip, azimuth 20 degrees and was collared approximately 170 m east-southeast of TDH-10 and 175 m southwest of TDH-07.

This drill hole was collared to test the interpreted F3, west-northwest fault as identified in the 3D geophysical interpretation within what appears a possible west-northwest and east- southeast mineralized trend as identified in target area TA-3(a). Historic drill hole TDH-10 returned 26.7 m grading 0.66 g/t gold equivalent (Eq) followed by 41.0 m grading 0.92 g/t gold Eq, while TDH-07 returned 47.0 m grading 2.17 g/t gold Eq followed by 11.5 m grading 2.32 g/t gold Eq. TEN 21 - 05 intercepted from surface to 194 m core length crystal volcanic tuff with traces, to up 5% locally of pyrite in irregular veinlets with minor quartz throughout.

From 113 to 139 m core length frequent intervals of broken and grinded core were noted which coincides with the interpretation of the F3 fault. As the fault interval was not mineralized it is interpreted to be a late, normal fault (south block down) and the mineralization interval encountered in this hole does not appear to be fault controlled but rather appears to be an extension of the generally west-northwest and east-southeast mineralized trend. Hole TEN 21 - 06 collared 200 m northwest of TEN 21-05 was drilled to further test this structure and the possible west-northwest and east-southeast mineralized trend as identified in target area TA- 3(a).

Drill Hole TEN21-06: The hole was drilled to a depth of 196.5 m of a planned 200 to 250 m depth at 55 degrees decline/dip, azimuth 0 degrees and was collared approximately 75 m southeast of TEN17-15, 65 m west-southwest of collar TDH-11. This drill hole was collared to test the interpreted F3, west-northwest fault as identified in the 3D geophysical interpretation within what appears a possible west-northwest and east-southeast mineralized trend as identified in target area TA-3(a). Historic drill hole TEN17-15 returned 12 m grading 0.71 g/t gold Eq followed by 13.6 m grading 0.47 g/t gold Eq, and TDH-11 returned 26.7 m grading 0.66 g/t gold Eq followed by 41 m grading 0.92 g/t gold Eq.

TEN 21-06 intercepted from the top to the bottom of the hole crystal volcanic tuff, generally weakly sericitized and or chloritized with less than 1% disseminated fine pyrite. From 117 to 124 m core length frequent intervals of broken and grinded core were noted which coincides with the interpretation of the F3 fault. As the fault interval was not mineralized it is interpreted to be a late, normal fault (south block down) and the mineralization intervals encountered in this hole does not appear to be fault controlled but rather is an extension of the generally west-northwest and east-southeast mineralized trend.