Mountain Boy Minerals Ltd.: Drill Results from the Upper Montrose Zone on the Red Cliff Project Include 10.94g/t Gold over 25.91
20 Dicembre 2010 - 10:02PM
Marketwired
Mountain Boy Minerals Ltd. (TSX VENTURE: MTB) reports assay results
from a further 6 drill holes completed in the latest phase of
diamond drilling on the high grade gold bearing Montrose Zone at
its Red Cliff project in Northwestern British Columbia. These holes
are part of the additional 22 drill holes completed in October and
November 2010. The Red Cliff is a gold/copper property consisting
of 8 Crown granted mineral claims situated in the Skeena Mining
division approximately 40 kilometres north of the town of Stewart.
The property is operated under joint venture and is owned 60% by
Decade Resources Ltd. and 40% by Mountain Boy Minerals Ltd. At
present, access is via drill roads off paved highway 37A.
Results for DDH-2010-UMON-3 to 8 are shown below:
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Drill Hole No. From (m) To (m) Width (m) Gold g/t Silver g/t Copper %
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DDH-UMON-3 48.48 56.40 7.90 5.02 2.87 0.66
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DDH-UMON-4 54.27 57.32 3.05 2.77 1.11 0.03
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and 60.37 61.13 0.76 3.61 12.1 1.78
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and 63.41 71.95 8.50 11.05 3.15 0.47
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DDH-UMON-5 60.37 86.25 25.91 10.94 4.52 0.22
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including 81.71 84.76 3.05 68.63 24.9 0.721
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DDH-UMON-6 82.62 85.06 2.44 1.87 1.4 0.24
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DDH-UMON-7 80.17 85.06 4.87 4.28 3.16 0.06
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and 97.26 108.26 10.97 4.91 3.38 0.19
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and 115.5 127.74 15.24 2.94 2.02 0.31
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DDH-UMON-8 56.71 57.13 0.43 3.03 2.9 0.037
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and 58.54 63.87 5.3 4.47 2.69 0.25
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and 66.16 79.88 13.72 2.34 2.01 0.28
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- The interval in DDH-UMON-5 is 3.5g/t gold if the 3 metre interval of
68.63g/t gold is excluded.
Assays for the remaining 16 holes are pending. A map showing
drill hole locations is being prepared and will be posted on the
Company website upon completion.
Ed. Kruchkowski, P. Geo., a qualified person under National
Instrument 43-101, is in charge of the exploration program on
behalf of the company. All sampled core is cut with a diamond saw
and half then sent to be assayed by Assayers Canada of Vancouver,
BC. Blanks and standards are inserted in the samples to ensure
assay accuracy.
About Mountain Boy Minerals Ltd.
Mountain Boy Minerals Ltd. is a Canadian based mineral
exploration company with diverse property and resource holdings
around the Stewart region in British Columbia's golden triangle. It
owns 30% of the Silver Coin project, a gold-silver-base metals
project with a 43-101 defined 835,700 ounces gold in the measured
and indicated category and 655,200 ounces in the inferred category.
The Company is also is exploring silver-base metals on its American
Creek and Bear Valley properties as well as copper-gold in their
Stewart area claims.
ON BEHALF OF THE BOARD
Ed Kruchkowski, Director
"This news release may contain forward-looking statements.
Forward-looking statements address future events and conditions and
therefore involve inherent risks and uncertainties. Actual results
may differ materially from those currently anticipated in such
statements."
"Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release."
Contacts: Mountain Boy Minerals Ltd. Investor Relations
604-681-0710 Mountain Boy Minerals Ltd. Ed Kruchkowski 250-636-9232
www.mountainboyminerals.ca
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