Trading Symbol: TSX-MTB
STEWART, BC, June 6 /CNW/ - Mountain Boy Minerals Ltd. announces that it
intends to drill at least four different properties during the 2007 field
season. These are as follows:
MB Silver Project - 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. Drilling in 2006 yielded 5.18 meters of
5258.0 g/tonne silver in DDH-2006-10.
BA Project Drilling will test a volcanogenic massive sulphide (VMS)
horizon located in the upper parts of Bear Glacier within the same
stratigraphic horizon as that which hosts the Eskay Creek deposit. The company
believe that the zone represents a portion of a Kuroko-type VMS system
composed of an exhalite horizon with related zinc-lead-silver mineralization.
The main exhalite horizon is 40 to 50 meters wide and can be traced for
over 1 kilometer of strike length. This mineralized horizon being drill tested
is on the west limb of a syncline. Float sampling in 2005 found similar
mineralization on the east limb of the syncline approximately 3 kilometers
east of the horizon being tested. DDH 2006-BA-9 intersected 1.22 meters
grading 369.6 g/tonne silver 16.1 % Pb and 13.7% Zn.
Redcliff Project which contains 2,300 m of underground development on
5 levels from 4 portals over a height of several hundred meters with limited
Cu-Au production reported in 1910-12 and 1973. From 1910-12 production from
the Redcliff zone amounted to approximately 1,136 tonnes estimated to average
5% Cu. In 1972 some 3,776 tonnes of ore was sent to a local mill. The only
reserve estimate reported for the Redcliff Zone was in 1912 showing a total of
18,900 tonnes averaging 3.19% Cu and 2.86 grams per tonne gold. This estimate
was only for broken mineralized material within a stope on one of the levels
in the mine. This estimate is historical and is not 43-101 compliant and is
used for reference purposes only.
George Copper project - historical resources have been reported to total
(indicated and inferred) 180,000 tonnes grading 2.0 per cent copper,
17.1 grams per tonne silver and 2.1 grams per tonne gold. Unclassified
resources were reported to be 453,550 tonnes grading 17.1 grams per tonne
silver, 2.0 grams per tonne gold and 2.0 per cent copper.
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 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, Director
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