Mammoth Resources Corp. · TSXV:MTH

Mammoth Resources — Investor Presentation (February 2019)

23 slides from Mammoth Resources's investor presentation, February 2019

  1. Slide 1: Corporate Presentation

    Corporate Presentation TSXV: MTH February 2019

  2. Slide 2: Disclaimer

    Disclaimer Investors are cautioned that, except for statements of historical fact, certain information contained in this document includes forward-looking information. Such information is based on current expectations, estimates and projections formulated using assumptions believed to be reasonable

  3. Slide 3: Quick Facts - Corporate

    QUICK FACTS - Corporate Capital Structure: • 30.7 M shares o/s, 40.6 M fully diluted shares (exercise of warrants ($0.13) and options = $1.2 M) • Jan 1, 2017 to date: high: $0.16/sh - low: $0.03/sh, 20-day VWAP $0.04/sh = $1.2 M mkt cap • 563,000 shares for $22,500 (2% of mkt cap) traded in last 20

  4. Slide 4: New Partnership in Project Development

    New Partnership in Project Development • On Dec. 21, 2018 Mammoth announced an option agreement with Centerra Gold (TSX - CG, $2.0 billion mkt cap) on Mammoth’s Tenoriba gold-silver property. • Centerra to spend total of US$9,900,000 (C$13,100,000) to earn a 70% interest.  Spend US$5,000,000 (C$6,6

  5. Slide 5: Quick Facts - Valuation/Trading

    QUICK FACTS - Valuation/Trading • Since Jan 2017 MTH share price declined with the gold price • As the gold price has recently strengthened MTH share price has lagged behind • Current MTH bid:ask depth shows $30,000 of buying could move MTH share price to $0.10/share • The Tenoriba project has had a

  6. Slide 6: Tenoriba Project - Located in Prolific Gold Belt

    Tenoriba Project - Located in Prolific Gold Belt Sierra Madre Gold Belt 40 M oz Au + 2 B oz Ag = 80 M oz Au Eq historic production Since late 1990’s projects totaling 40 M oz Au Eq (25 M oz Au / 1.0 B oz Ag) have been discovered • Dolores - Pan American Silver Corp • Mulatos - Alamos Gold • Pinos Al

  7. Slide 7: Tenoriba Project

    Tenoriba Project - • Road and fixed-wing air access to the property, power, water, few inhabitants within 10 km • An estimated $2.0 M was spent in 2007-08:  Stream sediment sampling;  2,600 soil samples over 15 sq km area  15 holes / 2,566 m of diamond drilling • MTH has spent another $3.0M over

  8. Slide 8: Tenoriba Project - Location and Infrastructure

    Tenoriba Project - Location and Infrastructure • Earning 100% of 3 concessions covering 3,500 ha ($32,000 in vendor payments pending to Dec/19), Mammoth owns outright an additional 1,850 ha (Mapy 3). Area of known mineralization 8

  9. Slide 9: Tenoriba Project - Location

    Tenoriba Project - Location Recent exploration focus on 3 large areas of gold-silver mineralization over a 5 km strike length. Mineralization remains open further to the east and west. OPEN OPEN 9

  10. Slide 10: Tenoriba Project - Metallogenic Model

    Tenoriba Project - Metallogenic Model • Tenoriba is a typical High Sulphidation - Porphyry system    Tenoriba Features  • Felsic volcanics & Possible pyroclastics post-erosion • Argillic alteration surface • Silica alteration elevation at • Breccia hosted Tenoriba PORPHYRY SOURCE • Vuggy Silica

  11. Slide 11: Historic Exploration - Soil Sampling

    Historic Exploration - Soil Sampling • 2,600 soil geochemical samples identified a large 5 km x 3 km (15 sq km) area with highly anomalous gold in soil. • This gold-silver mineralized area remains open to the east and west OPEN OPEN 11

  12. Slide 12: Historic Exploration - Diamond Drilling

    Historic Exploration - Diamond Drilling • 15 hole diamond drill program completed in early 2008 • Potentially economical grades over attractive widths intersected in 10 of 15 holes drilled Drill Hole Interval Gold From To Number Length (Fire Assay) (metres) (metres) (metres) (gpt) TDH-01 3.50 14.70

  13. Slide 13: 2013/14 Exploration - Mapping & Sampling

    2013/14 Exploration - Mapping & Sampling ~ 600 chip samples collected with gold-silver concentrated in 3 principle areas along a 5 km east-west trend, open to the east and west 1. Los Carneritos (1.5 x 0.75 km) Of 146 samples assayed, 74% (115 samples) assayed >0.3 g/t gold and an average grade of O

  14. Slide 14: 2013/14 Exploration - Metallurgy

    2013/14 Exploration - Metallurgy • Microscope analysis indicates gold occurs as free gold on the surface and/or in fractures within sulphide (primarily pyrite) grains • Samples collected from various depths-drill holes to perform bottle roll tests which showed excellent recovery of gold • Free gold

  15. Slide 15: 2017 Exploration - Channel Sampling

    2017 Exploration - Channel Sampling • 14 channels were cut for a total of 180 metres along 5 km of strike 15 15

  16. Slide 16: 2017 Exploration - Channel Sample Results

    2017 Exploration - Channel Sample Results Weighted Average Weighted Weighted Gold Channel True Average Average Equivalent* Location Sample Numbers Width Width Gold Grade Silver Grade Grade 2017 Exploration - Channel Sampling (m) (m) (g/t) (g/t) (g/t) El Moreno 1 330732 to 330740 13.6 11.5 0.64 2.5 0

  17. Slide 17: Drill Hole Targeting - IP-Mag Geophysics

    Drill Hole Targeting - IP-Mag Geophysics • 72 line km of IP-Mag surface geophysics performed over 40% of total mineralized surface area. • A 1.2 km gap exists between the El Moreno and Masuparia areas are yet to be surveyed • A 1.2 km area OPEN extending west of El Moreno to Cerro Colorado GAP remai

  18. Slide 18: Drill Hole Targeting - IP-Mag Geophysics

    Drill Hole Targeting - IP-Mag Geophysics • Geophysics shows numerous features below areas of intense surface alteration and abundance of gold-silver mineralization Other Opportunities 18

  19. Slide 19: 2017-18 Exploration - Diamond Drilling

    2017-18 Exploration - Diamond Drilling 8 of 11 targets tested by diamond drilling assayed potentially economical gold mineralization over 10’s of metres. 19

  20. Slide 20: 2017-18 Exploration - Drill Results

    2017-18 Exploration - Drill Results Weighted Weighted Weighted Weighted Average Average Average Average Gold Gold Silver Copper Equivalent* Location Hole Number From To Total Grade Grade Grade Grade (m) (m) (m) (g/t) (g/t) (%) (g/t) El Moreno TEN 17-01 169.0 209.0 30.0 0.77 2.0 0.79 (including) 198.

  21. Slide 21: Next Steps

    Next Steps A longitudinal section A - A’ west to east (looking north) demonstrates the potential to both encounter High Sulphidation (HS) style gold-silver mineralization to the east and Porphyry gold-silver (possibly copper) mineralization to the west Shallower system HS potential The surface expos

  22. Slide 22: Next Steps - 2019 Exploration Program

    Next Steps - 2019 Exploration Program Mammoth - Centerra 2019 exploration program building on prior work performed by Mammoth • Historic exploration data reviewed by High Sulphidation experts - assist in identifying most attractive features for follow-up work • Mapping and sampling - review and enha

  23. Slide 23: Corporate Information and Contact Information

    Corporate Information Contact Information Exchange/Symbol: TSXV: MTH Contact Details: 52 week hi/low: $0.03/0.16 Thomas Atkins, President & CEO Shares issued: 30.7M Mammoth Resources Corp. Fully diluted*: 40.6M 410 - 150 York Street Recent price: $0.04 Toronto, Ontario Market cap. (basic): $1.2M M5H

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