Mammoth Resources Corp.
Mammoth Resources Corp. (TSXV: MTH; Toronto-headquartered, founded 2011) holds a 100% interest in the 5,333-hectare Tenoriba gold-silver property in the Sierra Madre Precious Metal Belt, Chihuahua State, Mexico. Rather than pursuing a conventional resource-to-feasibility path, the company is investigating small-scale gold-silver extraction at Tenoriba via two routes: custom milling at a privately owned 200 tonne-per-day flotation mill located within 16km of the property, and/or building its own small pilot heap-leach pad with carbon gold-silver recovery. In February 2026 the company identified draw-point locations for a pilot leach test at the Carneritos area and reported 87% gold recovery from bottle-roll metallurgical tests on coarser-fraction material. This is an early-stage, small-scale extraction initiative, not a production decision: no resource estimate or feasibility study has been published. A 60-hole Phase 1 diamond drill program aimed at a maiden mineral resource is permitted, and in August-September 2026 company geologists and a consulting metallurgist reviewed drill core and planned the collection of a sample of up to 200 kg from the Carneritos draw-point areas for vat and column leach tests.
Notable vs. Peers
- Jurisdiction risk score of 6/10 is meaningfully riskier than the peer average of 7.8/10.
Lifecycle Milestones
Not yet determined: mill, tailings facility, grid power.
Jurisdiction (40%)6/10
Chihuahua State, Mexico -- an established mining jurisdiction with real operating experience, offset by evolving federal mining-law/permitting policy and infrastructure variability relative to top-tier peers.
Infrastructure (40%)6.4/10
Confirmed road access at Tenoriba Gold-Silver Property, Sierra Madre Occidental, southwestern Chihuahua, Mexico; existing mill, grid power, and tailings facility not yet researched, counted at a neutral 5/10 until established.
Nearby producing mine (20%)Not yet researched
No producing mine within 50 km in our reference list (nearest listed: San Julian (Fresnillo plc), 108 km). That list doesn't cover every mining district yet, so a longer distance isn't scored as remote.
Acquisition Susceptibility
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.
How this score is built
- Disclosed pending dealSub-score: Not scored
No pending acquisition or merger disclosed (checked)
Not scored: having no deal in flight isn't held against a company.
Weight 26.25% - Producer's strategic stakeSub-score: Not scored
No producer holds a disclosed stake on file (holder register researched) See holders
Not scored: most juniors that do get bought had no prior toehold, so a missing stake says little either way.
Weight 25% - Distance to a producing mineSub-score:3.1/10
Nearest producing mine: San Julian (Fresnillo plc), 108 km
10 next to a producing mine, 8 at 20 km, 5 at 50 km, 0 beyond 200 km.
Weight 22.5% · 46% here - Lifecycle stageSub-score:1/10
Stage: Grassroots Exploration
Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.
Weight 15% · 31% here - JurisdictionSub-score:6/10
Mexico: jurisdiction score 6/10
Our jurisdiction score, used as is: higher means lower political and permitting risk.
Weight 6.75% · 14% here - CommoditySub-score:10/10
Primary commodity: Gold
Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.
Weight 4.5% · 9% here
Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.
Your Rankings
Management Team
President, Chief Executive Officer and Director of Mammoth Resources Corp.; also a director of Transition Metals Corp. Experienced in leading grassroots exploration through feasibility studies and mine development, with 20 years as CEO of four publicly listed companies.
Vice President Exploration and Director of Mammoth Resources Corp., P.Geo.
Director of Mammoth Resources Corp., joining the company's Audit Committee as an independent director following his appointment, effective November 6, 2025.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
No producer, strategic investor, or resource-specialist fund holds a disclosed stake, and no insider trading activity has been filed in the last six months.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
Mammoth Resources holds 100% of the 5,333-hectare Tenoriba gold-silver property in the Sierra Madre precious metal belt of Chihuahua, Mexico. Instead of a conventional resource-to-feasibility path, it is investigating small-scale gold-silver extraction, either by custom milling at a privately owned 200 tonne-per-day flotation mill within 16 km of the property or through its own small pilot heap-leach pad, and bottle-roll tests on coarser Carneritos material gave 87% gold and 67% silver recoveries. At Carneritos the company has defined an exploration target of 1.8 million gold-equivalent ounces and has a permitted 60-hole Phase 1 diamond drill program aimed at a maiden resource, and in August-September 2026 its geologists and a consulting metallurgist reviewed drill core and planned a sample of up to 200 kg for vat and column leach tests. No resource estimate or feasibility study has been published, and the extraction initiative is not a production decision.
No reports or presentations linked yet.