Mammoth Resources Corp. · TSXV:MTH
Mammoth Resources — Investor Presentation (December 2022)
25 slides from Mammoth Resources's investor presentation, December 2022
Slide 1: Corporate Presentation
Corporate Presentation TSXV: MTH / OTC: MMMRF December 2022
Slide 2: Corporate Overview
CORPORATE OVERVIEW Mammoth Resources (TSX-V: MTH, OTC: MMMRF) is a publicly listed precious metal mineral exploration company. The company’s primary asset is its 100% owned, 5,333 hectare (13 km x 4 km) Tenoriba gold-silver, advanced stage exploration project located in the prolific Sierra Madre
Slide 3: Valuation/Trading
Valuation/Trading • 67.1 million basic shares outstanding / 91.5 million fully diluted • Mammoth is held 17% by institutions (US Global, Gold 3000, Commodity Discovery Fund), 10% by insiders and 30% by close associates. 1 Year MTH vs 1 Year Gold (US$/oz) • Last financing: June/21 $2,850,000 @$0.14/s
Slide 4: Tenoriba - Located in Prolific Gold-Silver Region
Tenoriba - Located in Prolific Gold-Silver Region In the 20 yr period 1995 - 2015, projects totalling 40 M oz Au Eq (25 M oz Au / 1.0 B oz Ag) have been discovered in the Sierra Madre. • Dolores - Pan American Silver • Mulatos - Alamos Gold • Pinos Altos - Agnico Eagle • Ocampo - Aurico Gold • Monte
Slide 5: Tenoriba Project - Location and Infrastructure
Tenoriba Project - Location and Infrastructure • Mammoth holds a 100% interest in 4 concessions covering 5,333 hectares. • Exploration focused on 3 areas of gold-silver mineralization over a 6 km strike length. Area of known mineralization 5
Slide 6: Tenoriba Project - High Sulphidation Setting
Tenoriba Project - High Sulphidation Setting Tenoriba has characteristics common to High Sulphidation systems in the Sierra Madre - Mulatos: 6.2M ozs, La India: 2.0M ozs, El Sauzal: 1.8 M ozs Tenoriba Features Confirmed by • Felsic volcanics PhD geologist (dacitic, lithic review of crystal tuff, his
Slide 7: Historical Exploration - Gold in Soil
HISTORICAL EXPLORATION - Gold in Soil • Historic (2007) 2,600 soil geochemical samples identified a large 5 km x 3 km (15 sq km) area with highly anomalous gold in soil (>6 g/t Au in soil) • Gold-silver mineralized area remains open to the east and west OPEN OPEN 7
Slide 8: Historical Exploration - Phase I Drilling
HISTORICAL EXPLORATION - Phase I Drilling • Phase 1 - 15 hole diamond drill program completed in 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
Slide 9: Mammoth Exploration - Prelim Metallurgy
MAMMOTH EXPLORATION – Prelim Metallurgy • Heavy metal separation/microscope analysis indicating gold occurring as free gold - on the surface and/or along fractures within sulphides. • Collected samples from various depths/drill holes to perform bottle roll tests which showed excellent recovery of go
Slide 10: Mammoth Exploration - Mapping & Sampling
MAMMOTH EXPLORATION - Mapping & Sampling >600 chip samples (minimum 1.5 m) 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
Slide 11: Mammoth Exploration - Channel Sampling
MAMMOTH EXPLORATION - Channel Sampling • 14 channels were cut for a total of 151 metres along 5 km of strike 11 11
Slide 12: 2017 Channel Sample Results
2017 Channel Sample Results Weighted Average Weighted Weighted Gold Channel True Average Average Equivalent* Location Sample Numbers Width Width Gold Grade Silver Grade Grade (m) (m) (g/t) (g/t) (g/t) El Moreno 1 330732 to 330740 13.6 11.5 0.64 2.5 0.67 El Moreno 2 330789 to 330800 16.5 16.0 0.38 4.
Slide 13: Mammoth Exploration - IP/Mag Geophysics
MAMMOTH EXPLORATION – IP/Mag Geophysics • 72 line km of IP/Mag surface geophysics performed over 40% of total mineralized surface area. • Initial survey to determine effectiveness of geophysics in identifying targets at depth • At El Moreno, only OPEN 3 lines covering 200 m of trend GAP OPEN • Miner
Slide 14: Mammoth Exploration - Diamond Drilling
MAMMOTH EXPLORATION - Diamond Drilling 8 of 11 targets tested, diamond drilling assayed potentially economical gold mineralization over 10’s of metres. 14
Slide 15: Highlight Intervals - Phase II Drilling
Highlight Intervals - Phase II Drilling Weighted Weighted Weighted Weighted Avg Avg Gold Avg Silver Avg Copper Gold 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 40.0 0.77 2.0 0.79 (including) 198.5 204.5 5.9
Slide 16: Mammoth Exploration - 2021/22 Program
MAMMOTH EXPLORATION - 2021/22 Program H1 - 2021 Drill Targeting Program Q4 - 2020 Mammoth recovers 100% of Tenoriba from Centerra Gold option - Centerra 21 month option period, $1.2 M spent, mapped/sampled, 139 hole drill permit submitted, decided to leave Mexico. MDA Assoc. PhD Geologist Review
Slide 17: 2021 Gold in Soil Extension
2021 Gold in Soil Extension Extension of gold in soil anomaly - 1 km extension increasing gold-in-soil footprint to 5.5 km, sampled up to 6.3 g/t gold in soil. Carneritos Masuparia Moreno 17
Slide 18: 2021 Infill Geophysics
2021 Infill Geophysics 63 km in-fill IP/Mag geophysics survey with 3D modelling/drill targeting identified 5 TARGET AREAS over 4 km (I/P & Mag) of a 6 km (Mag) trend - coincident with prior drilling, surface soil, chip and channel samples. 18
Slide 19: 2021 Infill Geophysics
2021 Infill Geophysics Illustration of 3D modelling 19
Slide 20: 2021 Drill Hole Location
2021 Drill Hole Location 2021-22, 27 hole / 3,300 m diamond drill program - 10’s of metres of potentially economical gold-silver mineralization blocking-out large areas. 0 100 200 300 metres
Slide 21: 2021 Drill Hole Location
2021 Drill Hole: Location Dallas Fort Worthés, SONORA San/Antonio Ciudad obre96n aes Cusuhtemoc Navojoa Corpus Christ * & . S} NUEVOLEON! Hi CAIN oa é 4 CAUIEORNIA SUR’ y Cay A\e bye Monterrey, : Reynosa Matamoros DURANGO Sa Sati S : a S Google Earth ' ee Mx! eye. Data SIO, irang9 TAMAULIPAS Mazatin
Slide 22: 2021 Highlight Drill Intervals
2021 Highlight Drill Intervals Potentially economical gold-silver mineralization in >85% of holes drilled - weighted average grade = 0.65 g/t Au Eq over average 37.5m drill interval Weighted Weighted Weighted Weighted Average Average Average Average Gold Hole Gold Silver Copper Equivalent* Location
Slide 23: 2021 Highlight Drill Intervals
2021 Highlight Drill Intervals Illustrative Sections from 2021-22 drilling
Slide 24: Comparative Surface Gold Footprints
Comparative Surface Gold Footprints Tenoriba’s gold-silver mineral footprint compares favourably with other >1.0 million ounce High Sulphidation deposits in the Sierra Madre of Mexico El Sauzal Mine (Goldcorp - depleted): • Initial pre-production reserve (2002 - gold = US$300/oz) was 19 M tonnes @ 3
Slide 25: Corporate Information Contact Information
Corporate Information Contact Information Exchange/Symbol: TSXV: MTH Contact Details: 52 week hi/low: $0.115/0.015 Thomas Atkins, President & CEO Shares issued: 67.1M Mammoth Resources Corp. Fully diluted: 91.5M 410 - 150 York Street 10 day VWAP: $0.03 Toronto, Ontario Market cap. (basic): $2.0M M5H
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