Divestment of Paterson Project Completed

Ongoing portfolio streamlining progressing, underlining Mammoth’s focus on the Excelsior Springs Gold-Silver Project in Nevada – where RC drilling is making outstanding progress Key Points • Cloudbreak Discovery PLC (LSE:CDL) proceeds with the acquisition of a 90% interest in Mammoth’s non-core Paterson Project in WA, with settlement scheduled within a week. • At the Excelsior Gold Project in Neva