Tuesday 20th March 2018

Resource Clips

Mountain Boy Minerals/Decade Resources cut 6.6 g/t gold over 11 metres, 7.05 g/t over 9 metres in NW B.C.

by Greg Klein | January 9, 2018

It’s not just the lure of gold but the high-grade stuff that keeps Mountain Boy Minerals TSXV:MTB and its friends drilling the steep slopes of northwestern British Columbia’s Golden Triangle. A new year batch of assays from the Red Cliff project delivered just that, with several impressive intercepts from the property’s Montrose zone.

Mountain Boy has a 35% stake in the project, with joint venture partner Decade Resources TSXV:DEC holding the remainder. The companies share more complicated ownership of nearby acquisitions.

Mountain Boy Minerals/Decade Resources cut 6.6 g/t gold over 11 metres, 7.05 g/t over 9 metres in NW B.C.

Access roads wind their way to Red Cliff’s lofty heights.

Last year’s work traced a mineralized system over Red Cliff for two kilometres. These results constitute the final assays from Montrose, which underwent 35 holes in 2017. Five more were sunk on the Red Cliff zone and another 11 on Waterpump.

Early assays for Waterpump, where core has revealed visible gold, were released in October. They followed September results from the property’s Red Cliff and Montrose zones. Additional Waterpump assays are pending. Mountain Boy considers the three areas to constitute a single zone that was displaced by faulting.

Some highlights from the final Montrose batch show:

Hole DDH-MON-7

  • 10.2 g/t gold over 1.52 metres, starting at 237.5 metres in downhole depth

  • 5.88 g/t over 5.03 metres, starting at 251.83 metres

  • 10.4 g/t over 1.52 metres, starting at 264.39 metres


  • 14.6 g/t over 2.2 metres, starting at 241.01 metres


  • 5.28 g/t over 2.9 metres, starting at 45.27 metres


  • 2.62 g/t over 8.08 metres, starting at 82.77 metres

  • 7.05 g/t over 9.15 metres, starting at 96.85 metres

  • 2.06 g/t over 9.15 metres, starting at 112.2 metres


  • 5.75 g/t over 3.05 metres, starting at 352.44 metres

  • 6.6 g/t over 11.19 metres, starting at 374.79 metres
  • (which includes 13.9 g/t over 2.04 metres)
  • (and also includes 13.7 g/t over 3.05 metres)

True widths weren’t available.

Recent results will be incorporated with data from 2007 to 2012 to calculate Red Cliff’s maiden resource, expected this year.

In another high-grade Golden Triangle JV, Mountain Boy (20%) and Jayden Resources TSXV:JDN (80%) announced assays last November from a new gold zone northeast of their Silver Coin deposit, following last year’s 14-hole, 2,226-metre campaign.

Mountain Boy’s third 2017 drill program had 500 to 600 metres planned for the 100%-held Surprise Creek property. Forsaking gold this time, the target was barite, a mineral essential to oil and gas exploration. The company also holds the Manuel Creek zeolite project in south-central B.C.’s Okanagan region.

Among new faces joining the company last month, incoming president/CEO/director Mark Brown holds 25 years of financial and mining experience. A chartered accountant, he founded Rare Element Resources and built it into a $500-million company listing on the NYSE Amex exchange. New CFO/corporate secretary Winnie Wong is also a CA with extensive mining company experience.

Joining the BOD is well-known commentator and industry executive Lawrence Roulston. His nearly 40-year career includes executive positions with numerous B.C. exploration companies. He currently acts as managing director of WestBay Capital Advisors.

In October Mountain Boy offered a private placement of up to $300,000.

Read Isabel Belger’s interview with Mountain Boy Minerals chairperson René Bernard.

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

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