Day: November 21, 2024

Mexico Aims to Tax Mining More in 2025

The Mexican government, through the Ministry of Finance (SHCP), proposed to Congress to increase two tax rights paid by the mining industry, according to press

Mammoth Announces Results of Independent Study of the Target for Further Exploration on its Tenoriba, Gold-Silver Property, Mexico Confirming Greater than One Million Ounce Gold Equivalent Target

Thomas Atkins, President and CEO of Mammoth Resources commented on the Valesco exploration target study, stating: “It’s interesting and a welcome confirmation to see an independent study arrive at a similar target for further exploration to that which Mammoth determined from its own study of this target. This independently studied target similarly exceeds a million ounces of gold equivalent mineralization in the shallow to near-surface, oxidized-sulfide/transition zone mineralized horizon at Tenoriba.”

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