Toronto - Mammoth Resources Corp. (TSXV: MTH), (OTC: MMMRF), (the 'Company', or 'Mammoth') is pleased to provide results from an additional four drill holes from its diamond drilling program at its 100% owned Tenoriba gold-silver property located in the Sierra Madre precious metal belt, Mexico.

The drill program was 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 four diamond drill holes have been completed for a total of 388.95 m bringing the total reported to date to 2,623.55 m in 21 holes.

Thomas Atkins, President and CEO of Mammoth commented on the additional drill results, stating: 'It's encouraging to see additional successes in drilling within the large Carneritos area whereupon we've intersected mineralization over a greater than one kilometre by 500 metre area. It's especially encouraging to see continued, greater than 80 metre intervals of potentially economical gold-silver mineralization and equally encouraging to see the 48 metre interval grading over 1.2 grams per tonne gold equivalent. These interval lengths and gold grades, taking into account they're intersecting predominantly oxidized rock over tens of metres in this large target area, continue to support a bulk, open pit mining and heap leach gold extraction scenario, in-line with what we'd hoped for from this drilling.

'Mammoth continues to block off areas hundreds of metres up to over a kilometre in size with significant step-outs from sparce historical drilling at Carneritos. Grades in this drilling are averaging those seen in multi-million ounce, High Sulphidation deposits currently being mined or under development by major mining companies in the same Sierra Madre district as Mammoth's Tenoriba project.'

'Mammoth geologists are particularly excited by the mineral potential at Carneritos given its 1.4 kilometre by 500 metre size. The High Sulphidation target areas at Carneritos are similar, if not larger than those hosting million ounce plus reserves at other commercial mines in the same Sierra Madre belt as hosts Mammoth's Tenoriba project.

'Abundant surface gold-silver mineralization occurs within a large 1,400 metre long by at least 500 metre wide area typified by advanced, altered outcrops of rocks common in these High Sulphidation deposits. These rocks and their associated alteration assemblages, which coincide with geophysical features at depth, continue to support a collapsed volcanic dome depositional environment favourable for gold-silver mineralization at Tenoriba.'

About Mammoth Resources

Mammoth Resources (TSX-V: MTH) is a precious metal mineral exploration Company focused on acquiring and defining precious metal resources in Mexico and other attractive mining friendly jurisdictions in the Americas. The Company holds a 100% interest (subject to a 2% net smelter royalty purchasable anytime within two years from commencement of commercial production for US$1.5 million) in the 5,333-hectare Tenoriba gold property located in the Sierra Madre Precious Metal Belt in southwestern Chihuahua State, Mexico. Mammoth is seeking other opportunities to option exploration projects in the Americas on properties it deems to host above average potential for economic concentrations of precious metals mineralization.

Forward Looking Information

This news release may contain or refer to forward-looking information. All information other than statements of historical fact that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future are forward-looking statements; examples include the listing of its shares on a stock exchange and establishing mineral resources. These forward-looking statements are subject to a variety of risks and uncertainties beyond the Company's ability to control or predict that may cause actual events or results to differ materially from those discussed in such forward-looking statements. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, undue reliance should not be placed on these forward-looking statements due to the inherent uncertainty therein.

Contact:

Tel: (416) 509-4326

Email: tratkins@rogers.com

(C) 2022 Electronic News Publishing, source ENP Newswire