Mammoth Resources (TSE:MTH) has released an update.
Mammoth Resources Corp. reports a promising exploration target at its Tenoriba property in Mexico, estimating over one million ounces of gold equivalent. This internal study, guided by National Instrument 43-101, suggests significant potential, particularly in the near-surface Oxide-Mixed horizon which could lead to cost-effective gold recovery. However, the company notes that further exploration is required to confirm these projections.
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