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MBYMF MTB Metals Corporation (QB)

0.02475
0.00 (0.00%)
14 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
MTB Metals Corporation (QB) USOTC:MBYMF OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.02475 0.02 0.024 0.00 13:26:20

2008 Drill Results Have Extended the High Grade Silver - Massive Sulphide Horizon on the BA claims over at least 800 meters in S

29/09/2008 3:27pm

PR Newswire (US)


MTB Metals (QB) (USOTC:MBYMF)
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STEWART, BC, Sept. 29 /PRNewswire-FirstCall/ -- Mountain Boy Minerals Ltd announces that assays for the first 6 holes for the 2008 exploration program on the 100 % owned BA claims have been received. Assays for DDH 2008-BA-27 to 31 and 2008-BA-42 have been received. The BA claims are located 30 km east of Stewart in the Skeena mining division approximately 3 kilometers south of paved Highway 37A. To date a total of 48 holes have been drilled on the main exposed high grade silver - massive sulphide horizon Zinc-silver and lead values within the high grade silver - massive sulphide horizon on the BA claims were intersected over at least 500 meters in strike length in a volcanic rock unit traced for over 5 kilometers along the west side of the property. Wherever the zone is exposed along the 5 kilometers of strike length, sampling has yielded zinc-silver-lead values. In the immediate area of drilling, the mineralized zone is still open along strike and down dip. Highlights of drilling includes 13.11 meters of 136.5 g/t silver, 1.37% lead and 4.11 % zinc as well as 19.82 meters of 146.81 g/t silver, 1.16 % lead and 2.56 % zinc in DDH-2008-BA-28 and 65.5 meters of 112.57 g/t silver, 0.92 % lead and 1.51 % zinc in DDH-2008-BA-42. The company believes that the mineralized zone represents the upper portion of a Kuroko-type volcanogenic massive sulphide (VMS) system composed of an exhalite horizon with related zinc-lead-silver mineralization. This mineralization consisting of finely bedded sphalerite and pyrite with minor galena and chalcopyrite occurs below the main exhalite (red jasper/green to grey chert) horizon and is located within mudstones, mudstone breccias and dacite breccias. Assays received for drill hole DDH 2008-BA-27 to 31 and 2008-BA-42 with results greater than 1 % zinc or appreciable silver are listed in the table below: ------------------------------------------------------------------------- From To Width Ag Pb Zn DDH (m) (m) (m) g/t % % ------------------------------------------------------------------------- 2008-BA-27** 8.23 11.28 3.05 29.9 0.25 1.19 ------------------------------------------------------------------------- 2008-BA-28 20.43 23.48 3.05 16.6 0.24 1.20 ----------------------------------------------------------------------- and 35.37 38.72 3.05 14.0 0.27 1.46 ------------------------------------------------------------------------- and 57.01 60.06 3.05 10.0 0.1 1.0 ------------------------------------------------------------------------- and 78.53 91.46 13.11 136.5 1.37 4.11 ------------------------------------------------------------------------- and 102.74 122.56 19.82 146.81 1.16 2.56 ------------------------------------------------------------------------- and 127.13 142.38 15.24 65.14 0.71 1.0 ------------------------------------------------------------------------- 2008-BA-30 13.72 15.85 2.13 18.8 0.32 1.38 ------------------------------------------------------------------------- and 35.67 38.72 3.05 15.4 0.26 1.31 ------------------------------------------------------------------------- and 44.97 46.34 1.37 13.0 0.17 1.03 ------------------------------------------------------------------------- and 77.44 87.50 10.06 81.7 0.32 1.57 ------------------------------------------------------------------------- and 99.70 114.94 15.24 101.85 0.90 0.33 ------------------------------------------------------------------------- 2008-BA-31 17.38 20.43 3.05 23.3 0.38 1.64 ------------------------------------------------------------------------- and 38.57 41.77 3.2 16.1 0.27 1.39 ------------------------------------------------------------------------- and 81.40 87.50 6.10 112.0 0.56 3.01 ------------------------------------------------------------------------- and 130.49 132.01 1.52 64.4 0.36 4.25 ------------------------------------------------------------------------- 2008-BA-42 14.33 17.38 3.05 18.6 0.28 1.06 ------------------------------------------------------------------------- and 24.38 26.52 2.14 17.7 0.33 1.44 ------------------------------------------------------------------------- and 35.98 58.84 22.86 18.4 0.19 1.30 ------------------------------------------------------------------------- and 66.16 79.12 12.95 47.57 0.69 3.35 ------------------------------------------------------------------------- and 84.45 90.55 6.09 92.35 0.63 1.11 ------------------------------------------------------------------------- and 117.99 183.54 65.55 112.57 0.92 1.51 ------------------------------------------------------------------------- ** DDH-2008-BA-27 was lost in a fault at 23.48 meters. *** DDH-2008-BA-29 was drilled in the footwall to the mineralization and did not intersect any values. E. Kruchkowski, P. Geo., a qualified person under National Instrument 43-101, is in charge of the exploration program on behalf of the Company. Drill core and surface samples are assayed by Assayers Canada of Vancouver, BC. Mountain Boy Minerals Ltd is a Canadian based mineral exploration company whose activities are in the Stewart and McKenzie area of BC. It is actively exploring for gold-silver-base metals on the Silver Coin project, silver-base metals on their American Creek properties, copper-gold in the Stewart area, porphyry molybdenum in the Stewart and McKenzie areas and copper-nickel-platinum group metals in the McKenzie area. ON BEHALF OF THE BOARD "Ed Kruchkowski" Ed Kruchkowski, Director DATASOURCE: Mountain Boy Minerals Ltd. CONTACT: John Thornton at (778) 855-7823; or Ed Kruchkowski at (250) 636-9232; or visit the website at http://www.mountainboyminerals.ca/

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