Mammoth Energy Group Continues Acquisition Hunt

NEW YORK, NY--(Marketwire - Jun 30, 2011) - Mammoth Energy Group Inc. (PINKSHEETS: MMTE) (www.mammothenergygroup.com), a lithium and alternative energy mining company, announced today that its wholly owned subsidiary Compania Lithium Investments Limitada of Chile has acquired another six concessions for a total of 2471 acres (1000 hectares) of lithium concessions located in the Salar de Laco. With this additional acquisition Mammoth Energy Group has acquired more than fifteen thousand (15,000) acres of salar exploration rights in Chile.