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While assays are pending, the core looks pleasing to Mountain Boy Minerals.

The first three holes testing the Montrose zone of Mountain Boy Minerals’ (TSXV:MTB) Red Cliff project have all revealed yellow-tinged core. With assays still to come, the company announced visible gold in galena-sphalerite stringers at depths lower than expected, showing up at core lengths of 163 metres, 227 metres and 229 metres in a wide mineralized intrusive. Two weeks earlier Mountain Boyreported similar results for the second hole of the Phase I underground program in northwestern British Columbia’s Golden Triangle.

Another three holes have been completed on the property’s Red Cliff zone, about 900 metres south of Montrose. Findings so far indicate a mineralized zone five to six metres wide with strong chalcopyrite-pyrite within quartz veins and silicified intrusive, Mountain Boy stated.

Mountain Boy has a 35% interest in the joint venture, while Decade Resources TSXV:DEC holds the rest. Adjacently north, Decade works towards a 100% interest on the Silver Crown 6 claim. North of Silver Crown 6, Mountain Boyholds a 100% interest in the MB property, with historic, non-43-101 polymetallic estimates. Decade’s 100%-held Red Cliff Extension claim sits along the east side of Silver Crown 6.

Mountain Boy’s other Golden Triangle interests include a 20% stake in Silver Coin, with a 2011 gold-silver-zinc resource; 100% options on the Surprise Creek base metal-silver-barite project and BA silver-lead-zinc project; a 50% stake in the George property, with non-43-101 copper-silver-gold estimates; the American Creek and Bear Valley silver-base metals projects; as well as copper-gold claims. In southern B.C., meanwhile, the company’s Manuel Creek zeolite project has PEA studies slated to begin.

Read Isabel Belger’s interview with Mountain Boy Minerals chairperson René Bernard.

See an infographic about B.C.’s Golden Triangle.

Source: http://resourceclips.com/2017/07/05/three-in-a-row-as-another-hole-hits-visible-gold-for-mountain-boy-minerals/ 

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COMPANY INFO
Name: Mountain Boy Minerals Ltd.
Canada Symbol: MTB
Germany Symbol / WKN: M9U / 728492
Shares Issued & Outstanding: 138,937,982
Phone: +1 250 636 2264
Email: gary@mountainboy.com
Web: www.mountainboyminerals.ca
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