Mammoth Resources Corp. Stock Analysis MTH.V

Mammoth Resources Corp. is an exploration company, which engages in the acquisition, exploration, and evaluation of mineral assets in Mexico. The company is headquartered in Toronto, Ontario. The company went IPO on 2011-05-10. The firm is focused on acquiring and defining precious metal resources in Mexico and other geologically attractive, mining friendly jurisdictions in the Americas. The firm holds a 100% interest (subject to a 2% net smelter royalty purchasable anytime within two years from commencement of commercial production) in the 5,333-hectare Tenoriba gold property located in the Sierra Madre Precious Metal Belt in southwestern Chihuahua State, Mexico. The Tenoriba property is comprised of four concessions: Mapy, Mapy 2, Mapy 3 and Fernanda. The company is seeking other opportunities to option exploration projects in the Americas on properties it deems to host above average potential for economic concentrations of precious metals mineralization.