Mountain Boy Minerals Ltd - Drilling Results have shown Zinc-Silver and Lead Values within the High Grade Silver - Massive Sulph
May 22 2008 - 8:00AM
PR Newswire (US)
Trading Symbol: TSX -MTB Frankfurt-M9U.F OTC-MBYMF STEWART, BC, May
22 /PRNewswire-FirstCall/ -- Mountain Boy Minerals Ltd announces
that assays for all the drill holes for the 2007 drilling
exploration program on the 100 % owned BA claims have been received
and compiled. The BA claims are located 30 km east of Stewart in
the Skeena mining division approximately 3 kilometers south of
paved Highway 37A. The BA mineralization is part of a large mineral
system occurring in mudstones overlying felsic volcanic rocks that
are present in a large circular synclinal structure underlying the
property. Based on the Geological Survey of Canada Open File 2931,
mapping in this area shows that the felsic horizon occurs over 12
kilometers of strike length within the property area. The map
showing this horizon in relation to the property boundaries can be
viewed on the company website at
http://www.mountainboyminerals.ca/ba/index.html A total of 26 were
drilled on the main exposed high grade silver - massive sulphide
horizon with 5 holes testing for a southerly extension beneath
overlying sediments. A map showing the location of these holes
(figure 5) can be viewed at
http://www.mountainboyminerals.ca/ba/galleryBaGallery.htm.
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 synclinal structure. In the
immediate area of drilling, the mineralized zone has been mapped
and sampled for over 1 kilometer of strike length. Highlights of
drilling includes 6.1 meters of 29.0 g/t silver, 0.46 % lead and
4.79 % zinc in DDH-2007-BA-20, 4.57 meters of 23.5 g/t silver, 0.41
% lead and 4.48 % zinc, 4.3 meters of 202.5 g/t silver, 0.77 % lead
and 3.85 % zinc in DDH-2007-BA-21 and 3.05 meters of 241.1 g/t
silver, 0.11 % lead and 1.24% zinc in DDH-2007-BA-25. The
mineralized zone is located in the upper parts of Bear Glacier
Valley within the same stratigraphic horizon as that which hosts
the Eskay Creek deposit. The company believes that the 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. Mineralized rocks are at least 40
meters to 50 meters wide and mineralization in the area of drilling
can be traced for over 1 kilometer of strike length and is open
along strike and to depth. A zone 3 kilometers south of the
drilling with grab samples giving 12 % zinc and 698 g/t silver are
within the same stratigraphic horizon as the results below. The
horizon which is strongly folded to the north of the drilling has
been traced for at least 1 kilometer in that direction. Four post
mineral dykes ranging in width from 1.5 to 2 meters cut through the
mineralized horizon. In general, silver values appear to be
enhanced in areas with elevated copper values. Replacement type
mineralization carrying barite and locally massive galena with
minor sphalerite and chalcopyrite is also present along the
footwall region of the mineralized horizon. High grade silver
values are associated with this type of mineralization. Assays
received for drill holes BA-2007-18-26 and BAH-2007-1-5 with
results greater than 1 % zinc are listed in the table below: From
To Width Ag Pb Zn DDH (m) (m) (m) g/t % %
-------------------------------------------------------------------------
2007- BA-19 1.22 8.99 7.77 23.84 0.34 1.56
-------------------------------------------------------------------------
and 16.46 22.56 6.1 37.5 0.38 1.67
-------------------------------------------------------------------------
and 25.61 28.65 3.05 15.2 0.23 1.91
-------------------------------------------------------------------------
and 83.54 98.78 15.24 29.74 0.38 1.78
-------------------------------------------------------------------------
2007- BA-20 1.83 7.93 6.1 29.0 0.46 4.79
-------------------------------------------------------------------------
Hole Entered dyke for rest of hole
-------------------------------------------------------------------------
2007- BA-21 1.83 6.40 4.57 23.5 0.41 4.48
-------------------------------------------------------------------------
and 53.96 59.60 5.6 36.48 0.28 1.87
-------------------------------------------------------------------------
and 62.2 66.46 4.3 202.5 0.77 3.85
-------------------------------------------------------------------------
2007- BA-22 1.52 7.93 6.4 22.27 0.41 4.83
-------------------------------------------------------------------------
and 14.94 21.04 6.1 9.55 0.23 1.36
-------------------------------------------------------------------------
and 36.89 38.41 1.52 112 0.55 3.1
-------------------------------------------------------------------------
and 42.38 45.38 3.05 149.8 0.83 1.07
-------------------------------------------------------------------------
and 51.52 58.23 6.7 166.9 0.76 1.30
-------------------------------------------------------------------------
2007- BA-23 0.61 4.27 3.66 13.7 0.2 1.13
-------------------------------------------------------------------------
and 25.61 28.66 3.05 44.5 0.66 1.1
-------------------------------------------------------------------------
and 37.50 43.9 6.4 14.9 0.31 1.50
-------------------------------------------------------------------------
and 51.52 53.05 1.52 56.2 1.28 2.28
-------------------------------------------------------------------------
and 61.28 64.48 3.20 8.3 0.18 1.39
-------------------------------------------------------------------------
and 110.98 114.02 3.05 69.8 0.27 1.51
-------------------------------------------------------------------------
and 190.24 192.99 2.74 36.3 0.59 1.29
-------------------------------------------------------------------------
2007- BA-24 10.52 13.11 2.59 36.1 0.39 3.2
-------------------------------------------------------------------------
and 36.28 40.18 3.90 23.1 0.18 2.13
-------------------------------------------------------------------------
and 41.31 43.29 1.98 46.2 0.83 1.11
-------------------------------------------------------------------------
and 53.35 56.10 2.74 20.9 0.47 1.35
-------------------------------------------------------------------------
2007- BA-25 19.97 22.56 2.59 26.3 0.36 2.16
-------------------------------------------------------------------------
and 28.66 31.71 3.05 13.4 0.27 1.02
-------------------------------------------------------------------------
and 34.76 36.28 1.52 16.1 0.27 1.02
-------------------------------------------------------------------------
and 50.0 51.52 1.52 124.4 1.36 1.28
-------------------------------------------------------------------------
and 57.77 60.77 2.90 11.2 0.26 1.31
-------------------------------------------------------------------------
and 71.34 74.39 3.05 241.1 0.11 1.24
-------------------------------------------------------------------------
2007- BA-26 23.48 26.52 3.05 13.4 0.19 1.17
-------------------------------------------------------------------------
and 35.67 37.2 1.52 20.8 0.41 1.3
-------------------------------------------------------------------------
and 53.96 57.01 3.05 28 0.69 2.98
-------------------------------------------------------------------------
(xx)2007- BAH-5 19.21 22.26 3.05 41.9 0.2 2.21
-------------------------------------------------------------------------
(xx) Hole lost at 50.30m. DDH-2007-18 was collared in the footwall
to the zone and did not intersect any values. DDH-2007-BAH-1-4 were
drilled at shallow dips and only intersected weakly pyritic dacite,
not the main mudstone sequence. DDH-2007-BAH-5 was lost prior to
intersecting the main mudstone sequence outcropping at surface to
the west. The company plans to continue drilling this property in
2008 with 2 drills. The company plans to survey all drill holes,
prepare a detailed topographic map of the immediate area of
drilling, conduct specific gravity tests on the mineralized rock
and complete infill and step-out drilling. This work will be
carried out in order to complete a resource calculation by the end
of 2008. 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 This
news release may contain certain forward-looking statements,
including management's assessment of future plans and operations,
and capital expenditures and the timing thereof, that involve
substantial known and unknown risks and uncertainties, certain of
which are beyond the Company's control. There can be no assurance
that such statements will prove accurate, and actual results and
developments are likely to differ, in some case materially, from
those expressed or implied by the forward-looking statements
contained in this press release. Readers of this press release are
cautioned not to place undue reliance on any such forward-looking
statements. CONTACT: John Thornton at (778) 855-7823; or Ed
Kruchkowski at (250) 636-9232; or visit the website at
http://www.mountainboyminerals.ca/ 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/
Copyright