This is too much like the movie, "Jurassic Park". The DNA of an extinct wooly mammoth is being sequenced. It is possible that the complete DNA sequence may be available in about a year. When that happens, it will be possible to create a woolly mammoth and some scientists are talking about bringing them back...
http://www.livescience.com/animalworld/051219_mammoth_dna.html
http://www.livescience.com/animalworld/051219_mammoth_dna.html