Mammoth is pleased to announce that it has issued to certain new directors and a new officer of the Company a total of 540,000 options to purchase common shares in the Company in accordance with the terms of the its Stock Option Plan. The options are exercisable at a share price of $0.25 per share until June 30, 2017 and vest 25 percent upon [...]
Mammoth is pleased to announce that it has signed a definitive agreement to option the Tenoriba gold and silver project located in southwestern Chihuahua State. Tenoriba is comprised of three concessions, Mapy 1, Mapy 2 and Fernanda, covering a land package of approximately 8,100 hectares located approximately 100 kilometres south-southwest of [...]
Mammoth is pleased to report that at its annual general and special meeting held on May 23, 2012 all resolutions including the appointments of new directors were adopted by shareholders of the Company. Pursuant to the new appointments Mr. Edward Farrauto and Mr. Constantine Salamis have resigned as directors of the Company. Mr. Nigel Kirkwood has [...]
Mammoth is pleased to report additional gold and silver results from its ongoing mapping, trenching and sampling program at the 290 square kilometre Urique Project, located in Chihuahua State, Mexico. The Urique Project is surrounded on three sides by Goldcorp's El Sauzal gold mine to the south, Kimber Resources' Monterde property to the north and [...]
Mammoth, is pleased to announce the appointment of Mr. Thomas Atkins as President and Chief Executive Officer of the Company effective immediately. Mr. Atkins is an accomplished mining executive who has successfully lead exploration and development projects throughout the Americas over the past 28 years. He has an extensive background in mineral [...]
Mammoth announces that pursuant to an agreement dated February 20, the Company and Yale Resources have agreed to amend and restate the terms of the Urique Option Agreement to reflect the terms of the amending agreement dated October 7, 2011 and further amendments agreed to by the parties. The terms of the Original Urique Option Agreement and the [...]
Mammoth provides the following update at its Urique property in Mexico. The Company has initiated its exploration work program focused on mapping and sampling at the San Pedro target in Urique North and at Urique South in line with the recommendations as set out in the Urique Project National Instrument 43-101 technical report dated December 14 [...]
Mammoth is pleased to announce the appointment of Mr. Richard Simpson to the position of Vice President, Exploration. Mr. Simpson is a Professional Geologist with more than 20 years of exploration experience throughout Latin America. Based in Guanajuato, Mexico, Mr. Simpson will be responsible for leading Mammoth's exploration program at its [...]
Mammoth is pleased to announce that, further to its announcement on September 14, 2011, it has completed the acquisition of the option from Yale Resources pursuant to which the Company can acquire up to an undivided 100% interest in and to the Urique Project. The Urique Project currently consists of 11 mining concessions owned by Yale and its [...]
Mammoth is pleased to announce that is has engaged PI Financial to conduct a private placement on a commercially reasonable efforts basis of up to 3,000,000 units at a price of $0.25 per Unit for gross proceeds of up to $750,000. Each Unit will consist of one common share of the Company and one transferable warrant, with each Warrant entitling the [...]
