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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 0.0001 0.0593 0.00 12:09:15

Mountain Boy Minerals - High Grade Gold Values up to 40.12 g/t Indicated for the Drilling of the Montrose Zone on the Red Cliff

07/02/2008 7:33am

PR Newswire (US)


MTB Metals (QB) (USOTC:MBYMF)
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Trading Symbol: TSX-MTB Frankfurt-M9U.F OTC-MBYMF STEWART, BC, Feb. 7 /PRNewswire-FirstCall/ -- Mountain Boy Minerals Ltd. announces that assays have been received from the 3 holes drilled on the Montrose zone which is 500 meters north of the gold-copper Red Cliff zone within the 100 % owned Red Cliff property. In 1939 - 41, there was 65 tons mined averaging 2.45 opt Au, 2.95 opt Ag, .91% Cu, 3.5% Pb and 4.41 % Zn from the Montrose Zone. Work in the area of high grading during a 1979 surface sampling program yielded 19.31 g/t Au over 2.43 m and 1987 surface sampling gave 7.93 g/t Au over 3.81 m. Several holes drilled in 1988 to 1990 gave intercepts of 1.72 g/t Au over 14.48 m including 9.31 g/t Au over 1.70 m and 1.17 g/t Au over 16.89 m including 4.82 g/t Au over 2.29 m. In 1988 the Waterpump Zone which represents the south fault extension of the Montrose Zone was discovered. It is located approximately 50 meters south of the 1939-1941 mining. A trench over the zone gave values consisting of 21.37 g/t Au over 4.2 m and 6.89 g/t Au over 3.3 m with 2.0 m of dyke between the values. Across the entire zone including the dyke, the sampling yielded an average of 12.07 g/t Au over 8.5 m. During 2007, this zone has been extended 150 meters to the north of the underground workings; Drilling has indicated that this zone is open to depth and along strike both north and south. Assay results greater than 1 g/t gold for the 2007 drilling are listed below: ------------------------------------------------------------------------- DDH From To Width Au Ag Cu (m) (m) (m) g/t g/t % ------------------------------------------------------------------------- Mon-1 145.88 146.04 0.46 2.16 11.4 0.098 ------------------------------------------------------------------------- and 199.3 200.91 1.61 16.61 31.4 1.1 ------------------------------------------------------------------------- including 200.3 200.91 0.61 40.12 67.5 2.54 ------------------------------------------------------------------------- ------------------------------------------------------------------------- CT-2 236.89 239.94 3.05 1.52 0.7 0.031 ------------------------------------------------------------------------- ------------------------------------------------------------------------- CT-3 166.77 179.57 12.8 2.75 1.78 0.11 ------------------------------------------------------------------------- including 169.82 172.87 3.05 9.22 1.9 0.045 ------------------------------------------------------------------------- Widths of the drill intersected zones are unknown at present but historical work indicates that zones are at least 4 meters wide in underground workings and surface trenching. The company has accepted the resignation of director Mr. Andrew Bowering. He will continue working with the company as a consultant. E. Kruchkowski, P. Geo. is the qualified person under National Instrument 43-101 and is in charge of the exploration program 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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