Mammoth Resources Corp. is exploring the Tenoriba gold-silver project (pre-resource stage) in southwestern Chihuahua state, Mexico. A review by experienced independent geologists confirmed Tenoriba's potential for hosting a high-sulfidation epithermal deposit similar to Alamos Gold’s (TSX: AGI) Mulatos mine, and Agnico Eagle’s (TSX: AEM) La India mine.
What you need to know: • The precious metals and mining market significantly outperformed broader indices in the month of March with the GDX rising 15% versus the TSX being down slightly • Gold rallied heavily following the collapse of several major banks and the U.S. Fed guiding for a pause on rates in the near term • This month only strengthens our confidence that 2023 will be a standout year for both precious metals and base metals and encourage investors to position themselves accordingly ...
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