MTH Mammoth Resources Corp

Mammoth Resources Corp. (TSX VENTURE:MTH) would like to announce the re-pricing
of its previously announced non-brokered private placement financing for up to
5,000,000 units of the company (the "Units") at a price of $0.10 per Unit to
raise gross proceeds of up to $500,000, announced April 2, 2013.


Although the company has had reasonable interest in this private placement, the
current challenging capital market situation for mineral exploration companies
has resulted in the board of directors of Mammoth recognizing that the previous
pricing of this financing may not be applicable in this market. As a result the
private placement has been re-priced to include up to 7,000,000 units of the
company (the "Units") at a price of $0.07 per Unit to raise gross proceeds of up
to $490,000. Each Unit will be comprised of one common share of the Company and
one common share purchase warrant (a "Warrant"). Each Warrant will entitle the
holder to acquire an additional common share of the Company for a period of 24
months from the date of issue at a price of $0.12 per common share.


The company may pay a finder's fee on all or a portion of the private placement.
The company intends to use the proceeds from the private placement for
exploration expenditures on its Tenoriba property located in the Sierra Madre
Precious Metal Belt in southwestern Chihuahua State, Mexico (refer to the
company's web site www.mammothresources.ca, for a detailed location map) and for
general working capital purposes. On May 22, 2013 the company announced results
from its fourth exploration campaign at Tenoriba Surface rock samples taken
during the company's most recent exploration campaign where surface mapping and
sampling continue to return encouraging, highly anomalous channel samples and
the occasional grab sample which in many instances assay in excess of 10 grams
per tonne (gpt) gold and 50 gpt silver over a large 15 square kilometre area,
including the following highlight sample results.


Carneritos Area:



--  26.10 gpt gold and 121.0 gpt silver in a grab sample; 
    
--  6.41 gpt gold and 34.0 gpt silver over a 1.0 metre channel sample; and 
    
--  5.48 gpt gold and 34.3 gpt silver over a 1.0 metre channel sample.



El Moreno Area:



--  13.00 gpt gold and 17.1 gpt silver over a 1.0 metre channel sample; 
    
--  12.95 gpt gold and 7.1 gpt silver over a 1.0 metre channel sample; 
    
--  9.79 gpt gold and 6.8 gpt silver over a 1.0 metre channel sample; and 
    
--  9.19 gpt gold and 8.9 gpt silver over a 1.5 metre channel sample.



The private placement is subject to the approval of the TSX Venture exchange.
All securities issued pursuant to the private placement will be subject to a
statutory hold period of four months and one day.


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.


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 "Image 1 - Sample Location Map, Fourth Campaign, Tenoriba Project,
Mexico", please visit the following link:
http://media3.marketwire.com/docs/613mth_map1.jpg.


To view "Image 2 - Photo of Vuggy Silica Sample", please visit the following
link: http://media3.marketwire.com/docs/613mth_img1.jpg.


To view "Table 2 - Samples Grading Above 0.3 gpt Gold Equivalent, Fourth
Exploration Campaign", please visit the following link:
http://media3.marketwire.com/docs/613mth_tab2.jpg.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Mammoth Resources Corp.
Thomas Atkins
President & CEO
tom@mammothresources.ca
www.mammothresources.ca

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