# Mammoth Announces Results of Independent Drill Hole Spacing Analysis with Recommendations to Identify Initial Mineral Resource Estimate at Tenoriba Gold-Silver Property, Mexico

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/mammoth-announces-results-of-independent-drill-hole-spacing-analysis-with-recomm--b14d9455-5462-4210-ae3c-115210b8aeae

Original source: https://money.tmx.com/en/quote/MTH/news/8601827318545481/mammoth-announces-results-of-independent-drill-hole-spacing-analysis-with-recomm

Publisher: tmx

Original announcement: 2023-11-30T14:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Mammoth Resources Corp.

- Ticker: MTH

- Exchange: TSX

- Region: Mexico

- Primary commodity: Gold

- Secondary commodities: Silver

- Document categories: Resource update, Other

- Extracted: 2026-08-25 23:13:44 UTC

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas summary

Mammoth Resources has released the results of an independent Drill Hole Spacing Analysis \(DHSA\) conducted by P&E Mining Consultants for its Tenoriba gold-silver property in Mexico. The study recommends specific drill spacing \(40-80m\) across three mineralized areas to support the establishment of an initial Inferred Mineral Resource Estimate.

Reasoning: The announcement provides a strategic technical study \(DHSA\) to de-risk the upcoming maiden resource estimate, which is a key milestone for an exploration-stage company.

- Positive factor: Independent third-party DHSA provides clear roadmap for resource definition

- Positive factor: Identifies specific drill spacing required for Inferred Mineral Resource

- Positive factor: Supports transition from exploration to resource definition stage

- Positive factor: Mentions encouraging previous metallurgical results

- Negative factor: Does not report new assay results or tonnage/grade directly

Facts used in scoring: 1

## Classification and evidence

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: The document provides technical recommendations to guide the upcoming maiden mineral resource estimate.

Evidence · text

> guide the design of future drilling to establish an Initial Mineral Resource Estimate

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: The study was performed by Fred Brown, M.Sc., P.Geo. and reviewed by Eugene Puritch, P.Eng., both identified as QPs/CPs.

Evidence · text

> The DHSA was performed by Mr. Fred Brown, M.Sc., P.Geo., RM-SME of P&E Mining Consultants Inc.

**QA/QC Disclosed**

Polarity: positive

Story-specific tag

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: The company explicitly states that all data provided for the study followed QA/QC controls.

Evidence · text

> All data provided for this drill spacing study followed QA/QC controls

## Extracted facts

Stored fact records: 1. Some facts used in scoring do not have a stored record.

## Resource Estimates (1)

### Fact 1

[Link to this fact](https://atlas-staging.minestarters.com/news/mammoth-announces-results-of-independent-drill-hole-spacing-analysis-with-recomm--b14d9455-5462-4210-ae3c-115210b8aeae#fact-resource-facts-0)

#### Identity

- Ticker: MTH

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-11-30T00:00:00.000Z

Reasoning: The DHSA provides the necessary technical parameters to move toward a maiden resource estimate.

- Positive factor: Provides technical guidance for resource conversion

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.