Phase I Drilling indicates High Grade Copper-Gold-Silver Values on the Red Cliff Property with Values up to 3.51 % Copper over 4
September 04 2007 - 11:57AM
PR Newswire (US)
Trading Symbol: TSX-MTB Frankfurt-M9U.F OTC-MBYMF STEWART, BC,
Sept. 4 /PRNewswire-FirstCall/ -- Mountain Boy Minerals Ltd.
announces that Phase I drilling that included over 6000 meters in
32 holes has been completed on the Red Cliff property. This
property is a former producing copper and gold property dating back
to 1908 located about 20 kilometers north of Stewart, British
Columbia in the Skeena Mining Division. It consists of 8 Crown
Granted claims along Lydden Creek. The Redcliff 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. The property is accessible by
road approximately 1.5 kilometers from paved highway 37A and is
underlain by lithologies of the middle Jurassic Hazelton Group.
These rocks host significant precious and base metal deposits in
the Stewart Camp including the Silbak Premier, Silver Coin,
Sulphurets, Red Mountain and Eskay Creek deposits. The holes were
drilled in order to test below the between and below the lowest
underground working on the Red Cliff zone. Drilling extended the
zone well below the lowest working as well as indicating that 4
separate zones of copper-gold mineralization is present. The second
phase of the drill program is now underway. Assay results over 1%
obtained for some of these holes are shown below. The remaining
holes will be released when assay results are available.
Significant Drill Hole Intersections
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Core From To Length Au Ag Cu DDH (m) (m) (m) g/t g/t %
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RC-7 10.37 14.39 4.02 2.2 28.1 3.51
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and 96.95 97.71 0.76 0.12 14.4 1.15
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and 99.45 100 0.55 0.06 11.5 1.38
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RC-8 9.45 14.18 4.72 3.85 19.46 2.011
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and 31.55 32.16 0.61 1.8 15.8 1.67
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and 41.62 42.68 1.07 4.53 31.7 4.42
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RC-9 12.35 13.72 1.37 1.96 24.7 2.32
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and 37.8 39.02 1.22 0.82 14.5 1.25
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RC-10 Assays incomplete
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RC-11 18.6 21.8 3.2 1.54 16.6 1.76
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and 24.54 25.3 0.76 1.6 9.6 1.23
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and 34.15 35.21 1.07 4.08 21.2 1.72
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RC-12 12.2 15.55 3.35 1.46 11.19 1.29
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and 36.89 37.2 0.3 2.32 8.0 1.37
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and 94.66 97.26 2.59 0.57 13.4 1.18
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RC-13 15.55 16.46 0.91 37.26 63.8 6.07
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and 37.65 39.02 1.37 4.28 19.7 1.62
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and 105.8 107.9 2.13 0.27 8.01 1.42
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and 141.2 142.8 1.68 0.43 9.5 1.37
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RC-14 18.6 19.66 1.07 1.62 17.8 4.33
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and 39.79 40.7 0.91 2.32 13.6 1.18
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and 118.8 127.7 9.0 0.31 54.2 1.31
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and 131.9 133.2 1.37 0.23 46.6 1.11
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RC-15 15.03 22.26 7.72 2.85 19.2 1.83
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and 24.7 26.62 1.92 6.62 15.6 1.12
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and 50.91 53.96 3.05 2.18 20.7 1.08
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and 125 132.8 7.8 0.13 7.6 1.65
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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
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/
Copyright