Corporate Presentation

TSXV: MTH / OTC: MMMRF

December 2022

CORPORATE OVERVIEWI

  • Mammoth Resources (TSX-V: MTH, OTC: MMMRF) is a publicly listed precious metal mineral exploration company.
  • The company's primary asset is its 100% owned, 5,333 hectare (13 km x 4 km) Tenoriba gold-silver, advanced stage exploration project located in the prolific Sierra Madre belt in northwest Mexico.
  • Experienced management team with over 100 years of combined industry experience among the CEO, VP Exploration, CFO and independent director.
  • Large 18 sq km (6 km x 3 km / 4,500 football fields) gold-silver footprint - highest sample graded 74 g/t gold & 62 g/t silver.
  • 27-hole/3,250metre/$1.5M drill program completed in 2022 of a total C$6.0 million spent, including 54 diamond drills holes/7,500 metres testing areas along a 4 km trend to 150 metre depth - intersecting 10's of metres of potentially economical gold-silver mineralized in > 85% of the holes drilled.
  • Mammoth has a modest market valuation when taking into account the amount spent defining gold-silver with copper mineralization and the potential for a low cost, large scale, open pit mine.

2

Valuation/Trading

  • 67.1 million basic shares outstanding / 91.5 million fully
  • Mammoth is held 17% by institutions (US Global, Gold 3000, Commodity Discovery Fund), 10% by insiders and 30% by close associates.

1 Year MTH vs 1 Year Gold (US$/oz)

• Last financing: June/21 $2,850,000 @$0.14/share

• Recent Market Cap: C$2.0 million

Mammoth's current market capitalization values the company at only

1/3 of what's been spent on its Tenoriba property

3

Tenoriba - Located in Prolific Gold-Silver Region

In the 20 yr period 1995 - 2015, projects totalling 40 M oz Au Eq (25 M oz Au / 1.0 B oz Ag) have been discovered in the Sierra Madre.

• Dolores - Pan American Silver

• Mulatos - Alamos Gold

• Pinos Altos - Agnico Eagle

• Ocampo - Aurico Gold

• Monterde - Kimber Resources

• San Miguel - Paramount Gold

• El Sauzal - Goldcorp (Newmont)

• Palmarejo - Coeur Mining

• Alamo Dorado - Pan American Silver

• Guanacevi - Endeavour Silver

• Topia - Great Panther

• La India - Agnico Eagle

• Tenoriba is surrounded by multimillion ounce deposits owned by multi-billion $ mkt cap companies

4

Tenoriba Project - Location and Infrastructure

  • Mammoth holds a 100% interest in 4 concessions covering 5,333 hectares.
  • Exploration focused on 3 areas of gold-silvermineralization over a 6 km strike length.

Area of known mineralization

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Disclaimer

Mammoth Resources Corp. published this content on 20 December 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 December 2022 20:48:03 UTC.