Friday 21st July 2017

Resource Clips



Mountain Boy Minerals drills more visible gold at B.C.’s Golden Triangle

by Greg Klein | June 21, 2017

With two rigs busy, Mountain Boy Minerals TSXV:MTB intersected visible gold above historic underground workings on northwestern British Columbia’s Red Cliff property. Assays are still pending, but one of the holes that intersected a sheared, mineralized intrusive on the Montrose zone showed the welcome sight of yellow within numerous galena stringers. The company added that mineralization within the two most recent holes resembles a previously reported hole from the same zone that graded 14.53 g/t gold and 0.27% copper over 30.64 metres.

Mountain Boy Minerals drills more visible gold at B.C.’s Golden Triangle

The sight of gold attracts Mountain Boy Minerals
more than Red Cliff’s rugged scenery.

Work continues to test an approximately 200-metre vertical distance between the previous holes and the past-producer’s workings.

About 900 metres south of Montrose, meanwhile, the other rig targets the Red Cliff zone, where quartz with chalcopyrite, pyrite and sphalerite has been found in zones up to five metres in width.

The program also intends to confirm previous results from the property’s Waterpump zone, a goal that will require a drone and possibly climbers to find a 1988 mountainside drill collar.

Mountain Boy has a 35% stake in the project, with JV partner Decade Resources TSXV:DEC holding the remainder.

In deals re-negotiated with Great Bear Resources TSXV:GBR earlier this month, Mountain Boy increased its options on two other Golden Triangle properties, Surprise Creek and BA, from 50% to 100%. Other northwestern B.C. interests include a 100% stake in the MB project, with historic, non-43-101 polymetallic estimates; a 50% stake in the George property, with non-43-101 copper-silver-gold estimates; a 20% stake in Silver Coin, with a gold-silver-base metals resource; the American Creek and Bear Valley silver-base metals projects; as well as copper-gold claims. In southern B.C., Mountain Boy prepares to begin PEA studies on its Manuel Creek zeolite project.

Read more about Mountain Boy Minerals.

See an infographic about B.C.’s Golden Triangle.

Share |

View All: News Stories