Bonanza Silver in MB Silver Property Drill Results



    Trading Symbol: TSX-MTB
    Frankfurt-M9U.F
    OTC-MBYMF

    STEWART, BC, March 3 /CNW/ - Mountain Boy Minerals Ltd. announces that it
has received all the results for the drilling on the MB silver property.  A
total of 27 holes tested 4 different targets on the property.
    Highlights of the 2007 program include 2390 g/t silver over 2.44 meters
in DDH-HG-19 and 818 g/t silver over 3.05 meters in DDH-HG-17.

    
    Assays greater than 100 g/t for this drilling are as follows:
    -------------------------------------------------------------------------
    DDH No        From       To      Width        Ag      Cu      Pb      Zn
                   (m)       (m)       (m)       g/t       %       %       %
    -------------------------------------------------------------------------
    2007-6        0.61      1.83      1.22     256.8   0.053    0.06    0.14
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    2007-7      132.63    139.63      7.01     281.7    0.03    0.28    0.52
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    HG-3         12.20     14.33      2.13     234.5   0.222    2.57    5.51
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    HG-4         11.89     14.33      2.44     328.0    0.30    1.09    3.18
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    HG-13         3.66      6.71      3.05     408.8    0.08    0.33    0.35
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    HG-17         2.13      5.18      3.05     818.0   0.141    0.46    0.44
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    HG-18         2.13      8.23       6.1     315.0    0.06   0.065    0.14
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    HG-19         3.09      8.54      5.49    1617.2    0.28    0.38    0.30
    -------------------------------------------------------------------------
    including     6.10      8.54      2.44      2390   0.307    0.55    0.26
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    HG-20         4.33      6.71      2.38    308.07    0.09    0.11    0.17
    -------------------------------------------------------------------------
    

    DDH-2007-7 tested the Mann vein, DDH-2007-6 was designed to test the
North vein and the HG drill holes were deigned to test the High Grade vein.
The HG holes were drilled off a pad blasted out of a steep hillside, 15 meters
north of the 2006 drilling. The 2006 drilling intersected 5.18 meters of
5258 g/t silver, 0.66 % copper, 0.05 % lead and 0.05 % zinc in DDH-2006-10 and
8.53 meters of 2260 g/t silver, 0.404 % copper, 0.48 % lead and 0.56 % zinc in
DDH-2006-19.
    The 2007 drilling indicated that the High Grade vein trended up hill away
and up dip from the drill site.
    The intersection on the Mann vein in DDH-2007-7 is 150 meters south of
underground workings and indicates an extension into an area that has been
untested in the past.
    Drilling in 2008 will further test the High Grade, Mann and Demann vein
to add resources. One area to be tested will be the sulphide zone in the
Cameron tunnel on the Mann vein that gave 3.4 meters of 398.8 g/t silver,
0.151 % copper, 0. 80 % lead and 2.16 % zinc. Sampling on surface 30 meters
above this zone gave 3.65 meters of 1200 g/t silver, 0.129 % copper, 2.5% lead
and 0.18 % zinc.
    Replacement type mineralization on the property consists of at least
seven main and four minor replacement zones tested with trenches, previous
open cuts, limited diamond drilling and/or adits in the past. The
mineralization occurs along wide bodies that are up to 15 meters thick
consisting of mainly barite, quartz, jasper, carbonates and sulfides with
local native silver. Acanthite (silver sulphide) and stromeyerite
(silver-copper sulphide) occur as veinlets, stringers and lenses in the High
Grade and No 3 vein, giving rise to bonanza style grades. Between 1929 and
1938, the MB property produced 60 tons of hand cobbed material that yielded an
average 546.8 oz/ton silver, 3.2 % copper and 3.15 % lead per ton of ore. In
1940, mining extracted 3.08 tons grading an average 0.09 oz/to gold, 248
oz/ton silver, 2.2 % copper, 4.9 % lead and 5.8 % zinc. In 1999, Mountain Boy
Minerals extracted a 13.6 tonne (15 ton) sample from the High Grade vein with
results from the smelter indicating a value of 18,854-grams/tonne silver (550
oz/ton), 1.1 % zinc and 2.5 % lead for this shipment. In drilling during 2006,
a total of 5.18 meters assaying 5258.0 g/tonne silver was intersected in
DDH-2006-10.
    Based on the surface and underground sampling and drilling, an indicated
resource totaling 105, 555 tonnes grading 0.064 % copper, 0.69 % lead, 2.01 %
zinc, 208.9 g/t silver and 13.59 % barite has been outlined in a very small
portion of three different veins. A complete report is filed on Sedar dated
June 20, 2003.
    The potential exists for several million tonnes of mineralization as
exploration has been in a small limited area on several vein structures.
    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 areas of BC. In the Stewart
area, it is actively exploring for gold-silver-base metals on the Silver Coin
project, silver-base metals on their American Creek and BA properties,
copper-gold on the Red Cliff and George Copper properties, gold-silver on the
FR, Dunwell, Ben Ali, LRJ and GRD properties and in the McKenzie areas for
porphyry molybdenum and copper-nickel-platinum group metals.

    ON BEHALF OF THE BOARD

    "Ed Kruchkowski"

    Ed Kruchkowski, Director

    %SEDAR: 00013756E




For further information:

For further information: visit the website at
http://www.mountainboyminerals.ca

Organization Profile

MOUNTAIN BOY MINERALS LTD.

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890