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MBYMF MTB Metals Corporation (QB)

0.0192
0.00 (0.00%)
03 Jul 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% 0.0192 0.013 0.0245 0.00 18:00:01

Company Has Received Further Assays for the Red Cliff Property with DDH-RC-2007-19 Intersecting 3.81 Meters of 15.03 g/t Gold an

04/10/2007 4:35pm

PR Newswire (US)


MTB Metals (QB) (USOTC:MBYMF)
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Trading Symbol: TSX-MTB Frankfurt-M9U.F OTC-MBYMF STEWART, BC, Oct. 4 /PRNewswire-FirstCall/ -- Mountain Boy Minerals Ltd. announces that assays have been received from a further 4 holes for the Redcliff zone on the 100% owned Red Cliff property. Seven zones of copper-gold and/or gold mineralization occur on the property, which appear to align in a north - south direction. Highlights from historical work on the Redcliff zone includes: Redcliff Zone: this zone contains 2,300 m of underground development on 5 levels from 4 portals over a height of several hundred meters with limited Cu-Au production reported in 1910-12 and 1973. From 1910 - 12 production from the Redcliff zone amounted to approximately 1,136 tonnes estimated to average 5% Cu. In 1972 some 3,776 tonnes of ore was sent to a local mill. The only reserve estimate reported for the Redcliff Zone was in 1912 showing a total of 18, 900 tonnes averaging 3.19% Cu and 2.86 grams per tonne gold. This estimate was only for broken mineralized material within a stope on one of the levels in the mine. This estimate is historical and is not 43-101 compliant and is used for reference purposes only. Assay results greater than 1% copper for the 2007 drilling are listed below: ------------------------------------------------------------ From To Width Au Ag Cu DDH (m) (m) (m) g/t g/t % ------------------------------------------------------------ RC-16 10.06 13.11 3.05 5.66 39.3 4.01 ------------------------------------------------------------ and 36.62 37.23 0.61 1.56 15.2 1.31 ------------------------------------------------------------ and 88.72 91.46 2.74 0.68 40.07 5.12 ------------------------------------------------------------ ------------------------------------------------------------ RC-17 11.28 14.94 3.59 4.63 32.2 4.17 ------------------------------------------------------------ and 51.83 53.05 1.22 0.1 10.2 1.47 ------------------------------------------------------------ ------------------------------------------------------------ RC-18 12.96 14.27 1.31 9.78 42.2 3.81 ------------------------------------------------------------ and 16.2 17.38 1.22 6.38 27.9 1.75 ------------------------------------------------------------ and 32.56 35.97 3.415 2.68 17.3 1.28 ------------------------------------------------------------ and 66.92 70.73 3.81 1.16 22.1 2.63 ------------------------------------------------------------ and 117.9 120.95 3.05 0.41 17.4 1.64 ------------------------------------------------------------ and 129.27 131.4 2.13 0.83 7.3 1.35 ------------------------------------------------------------ ------------------------------------------------------------ RC-19 14.75 16.15 1.402 0.61 14.4 2.17 ------------------------------------------------------------ and 38.87 42.63 3.81 15.03 16.32 1.29 ------------------------------------------------------------ Widths of the drill intersected zones are unknown at present but historical work indicates that zones are up to 4 meters wide in underground workings. Drilling has also completed 26 holes on the 100% owned BA silver-zinc-lead property. Drilling 150 meters north of the initial 19 holes has intersected strong zinc mineralization in mudstones. It is anticipated that this program will continue for the next month. E. Kruchkowski, P. Geo. is the qualified person under National Instrument 43-101 and is in charge of the exploration programs on behalf of the company. 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 silver-zinc-lead on the BA property, 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 CONTACT: visit the website at http://www.mountainboyminerals.ca/ DATASOURCE: Mountain Boy Minerals Ltd. CONTACT: visit the website at http://www.mountainboyminerals.ca/

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