Mammoth Locates Drill Holes to Test Geophysics Targets at Its Tenoriba Gold Property, Mexico

Mammoth Resources Corp. (TSX VENTURE:MTH) is pleased to announce that it has
confirmed the position of 14 drill holes to test the depth extent of numerous
geophysical features and below attractive surface geology on its Tenoriba
precious metal property located in the prolific Sierra Madre precious metal belt
in south western Chihuahua state, Mexico (refer to the company's web site
www.mammothresources.ca, for a detailed location map). The company has selected
these targets based on a combination of the most attractive features currently
observed on the property and where access to drill is available with minimal
surface disturbance. These drill holes are designed to test geophysical features
interpreted from the recent ground Induced Polarization and Magnetic geophysical
survey performed over approximately one third of the large 15 square kilometre
target area together, or in combination, with areas where elevated precious
metal (gold and silver) values occur in altered and silicified surface rocks and
structures. 


Thomas Atkins, President and CEO of Mammoth Resources commented on these drill
targets and the company's plans to drill, stating: "We've spent a lot of time
reviewing the IP and magnetic geophysics target from our recent survey. These
geophysical features, particularly evident in cross sections from this survey,
often extend to depth below areas where surface rocks and structures have been
mapped, sampled and shown to host elevated gold and silver values. Geophysics is
never guaranteed to always identity mineralization at depth, however in
targeting geophysical features at depth it seldom gets better than when you
observe, as we do in a number of locations at Tenoriba, geophysical features
occurring near surface with elevated precious metal values and have these same
geophysical features extending from surface to depth. The company is excited
about the prospect of drill testing these targets in the near future and is well
advanced in its preparation to perform this drill program having received quotes
from seven drill contractors and is well advanced in its permit application
process. In 2008 the first ever drill program was performed on the property with
great success. Results from 10 of 15 drill holes were reported, the highest
grade was a 1.9 metre core length intersection grading 45.90 grams per tonne
gold and one of the thickest was a 34.4 metre core length intersection grading
1.03 grams per tonne gold." 


Discussion on Drill Hole Positioning and Program Preparation Work

The Induced Polarization and Magnetic geophysical surveys were performed over
three grids which from the west to east include; Moreno, Masuparia and the Los
Carneritos grid, each grid consisting of north-south oriented lines spaced at
100 metre intervals. A total of 32.2 linear kilometres were surveyed. This
survey covers approximately 40 percent of the large 15 square kilometre area of
elevated gold and silver values in attractively altered rocks on the property.
The complete geophysics report, including all maps, plans and sections available
in the appendices section following the written report, is available on the
company's website, at: www.mammothresources.ca, Projects Section, Technical
Reports. 


Over the past two months the company has been working to correlate surface
results from its detailed mapping and sampling program, which began on the
property in late 2012 and continued throughout most of 2013, with results
obtained from the late Induced Polarization and Magnetic geophysics survey
completed in late 2013. The result of this work has been to identify a number of
drill targets where the combination of geophysical features, surface geology and
elevated gold and silver values, often all in combination, suggest attractive
locations to drill test potential elevated gold and silver mineralization at
depth. A total of 14 drill holes (six other drill locations have been
identified, however to gain access to these drill sites would require additional
work and so have not been considered at this stage), for an approximate total
length of 2,500 metres have been identified. The maximum depth to be tested is
approximately 250 vertical metres in a single hole with most other holes testing
depths of between 75 and 150 vertical metres. 


Three illustrative, geophysics drill target sections, including the trace of the
proposed drill hole at this location and which occur in combination with
elevated precious metal surface assay results, in one instance assaying as high
as 13.10 grams per tonne (g/t) gold, are shown in figures 1 - 3 for the Moreno,
Masuparia and Los Carneritos grids, respectively. 


At the El Moreno Grid, Figure 1 - El Moreno Grid, Geophysics Section Line 58400E
with Proposed Drill Trace, drill traces for holes M-01, 02 and 03 are
illustrated. On this section surface sample lines and a single rock sample taken
in close proximity to this drill location graded as follows:




--  4.00 g/t gold over 3.3 metres in samples 330377 - 79; 
--  7.42 g/t gold over 5.2 metres in samples 330390 - 93; 
--  2.43 g/t gold over 5.8 metres in samples 330369 - 73; and 
--  13.10 g/t gold over 1.0 metre in sample 330372.



As a result of these surface grades and the geophysical feature extending from
surface to depth, (areas of high resistivity shown in white below the surface),
the company plans to drill at these locations to test these features at depth.
Drill holes M-02, 03, possibly 03A and 06 are planned to further test targets
within the El Moreno area as part of this drill program.


At the Masuparia Grid, Figure 2 - Masuparia Grid, Geophysics Section Line 59800E
with Proposed Drill Trace, drill trace for hole MAS-02 is illustrated. On this
section surface grab samples of vuggy silica material collected in close
proximity to this drill location graded:




--  1.29 g/t gold in sample 330013; 
--  6.17 g/t gold in sample 330014; and 
--  0.37 g/t gold and 235.0 g/t silver in sample 330015. 



As a result of these surface grades and the geophysical feature both near the
surface and at depth (areas of high resistivity shown in yellow and white below
the surface), the company plans to drill at this location in order to test these
features at depth. Drill holes MAS-01, 02, 05, and 06 are planned to further
test targets within the Masuparia area as part of this drill program.


At the Carneritos Grid, Figure 3 - Carneritos Grid, Geophysics Section Line
61200E with Proposed Drill Trace, drill trace for hole CAR-07 is illustrated. On
this section nine surface samples collected over the highly resistive feature at
the summit of the hill at this location assayed an average of 1.60 g/t gold.
Drill holes CAR-04, 05, 06, 07, 08 and 09 are planned to further test targets
within the Carneritos area as part of this drill program.


Richard Simpson, the company's Vice President Exploration was recently on site
facilitating a number of activities in anticipation of this drill program,
including: ensuring surface access to drill platform locations, facilitating
drill contractor visits for the purposes of quoting on this drill program, and a
visit by the contractor assisting in the preparation of the company's drill
permit application. 


Quotes have been received from seven drill contractors on 11 different drill rig
(reverse circulation or core) services with all-in estimated costs (drilling,
sample analysis, travel, accommodations and labour) as low as US $320,000 with
four of the 11 drill rig service quotes offered at less than US$360,000,
including one drill contractor that was willing to accept 60 percent of its
costs in Mammoth shares. 


The company has initiated the permit process for its planned drill program at
its Tenoriba property, including locating these drill platforms and access
roads, performing a flora/vegetation survey, performed in early April with the
results of this survey being compiled by the company's environmental and
permitting consultant. 


Surface rights to the project area are governed by two ejidos (an ejido is a
communal municipal governance committee which has stewardship over surface land
usage), the Santa Rosa and the Baborigame ejidos. On April 13, 2014 the general
assembly for the Santa Rosa ejido signed an agreement permitting minor surface
disturbance required to perform the company's drill program. A similar agreement
with the Baborigame ejido is pending their next general assembly meeting
scheduled to be held in early May 2014. Upon signing the Baborigame ejido
agreement the permit application will be completed and filed at the Secretaria
de Medio Ambiente y Recursos Naturales (SEMARNAT) offices in Chihuahua City.
SEMARNAT surface disturbance permit for drilling is expected to be issued no
later than 20 working days after filing the application at which time the
company would be in a position to begin its proposed drill program.


Qualified Person / Quality Controls

Richard Simpson, P.Geo., Vice-President Exploration for Mammoth Resources Corp.
is Mammoth's Qualified Person, according to National Instrument 43-101, for the
Tenoriba property and is responsible for and has reviewed any technical data
mentioned in this news release. 


Other News

The company would also like to announce that it has issued to certain directors
and officers of the company 287,233 stock options to purchase shares in the
company exercisable at a price of $0.05 per share for a period of five years,
pursuant to the rules of the company's stock option plan.


About Mammoth Resources:

Mammoth Resources (TSX VENTURE:MTH) is a mineral exploration company focused on
acquiring and defining precious metal resources in Mexico and other attractive
mining friendly jurisdictions in the Americas. The Company has an option to
acquire 100% in the Tenoriba Property located in the Sierra Madre Precious Metal
Belt in southwestern Chihuahua State, Mexico. The company continues to seek
other option agreements in the Americas on other properties it deems to host
above average potential for economic concentrations of precious metals
mineralization. 


To find out more about Mammoth Resources and to sign up to receive future press
releases, please visit the company's website at www.mammothresources.ca.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


Forward Looking Information: This news release may contain or refer to
forward-looking information. All information other than statements of historical
fact that address activities, events or developments that the Company believes,
expects or anticipates will or may occur in the future are forward-looking
statements; examples include the listing of its shares on a stock exchange and
establishing mineral resources. These forward-looking statements are subject to
a variety of risks and uncertainties beyond the Company's ability to control or
predict that may cause actual events or results to differ materially from those
discussed in such forward-looking statements. Any forward-looking statement
speaks only as of the date on which it is made and, except as may be required by
applicable securities laws, the Company disclaims any intent or obligation to
update any forward-looking statement, whether as a result of new information,
future events or results or otherwise. Although the Company believes that the
assumptions inherent in the forward-looking statements are reasonable,
forward-looking statements are not guarantees of future performance and,
accordingly, undue reliance should not be placed on these forward-looking
statements due to the inherent uncertainty therein.


To view Figure 1 - El Moreno Grid, Geophysics Section Line 58400E with Proposed
Drill Trace, click the following link:
http://media3.marketwire.com/docs/941481_1.jpg


To view Figure 2 - Masuparia Grid, Geophysics Section Line 59800E with Proposed
Drill Trace, click the following link:
http://media3.marketwire.com/docs/941481_2.jpg


To view Figure 3 - Carneritos Grid, Geophysics Section Line 61200E with Proposed
Drill Trace, click the following link:
http://media3.marketwire.com/docs/941481_3.jpg


FOR FURTHER INFORMATION PLEASE CONTACT: 
Mammoth Resources Corp.
Thomas Atkins
President & CEO
tom@mammothresources.ca
Mammoth Resources (TSXV:MTH)
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