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 exploration, investment banking, investor relations, executive management and [...]
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 Amending Agreement were previously summarized in the Company's news release [...]
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, 2011 filed on SEDAR. The work program is being overseen by Richard Simpson [...]
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 recently optioned Urique Project located in the Sierra Madre Precious Metals Belt [...]
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 Mexican subsidiary Minera AV, including the San Pedro concession title which was [...]
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 holder to purchase one additional Share at a price of $0.40 for a period of [...]
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