DDH-2008-282 Intersects 8.86 g/t Gold over 45.72 Meters in Main Breccia Zone

    Trading Symbol: TSX -MTB

    STEWART, BC, Oct. 15 /CNW/ - Mountain Boy Minerals Ltd and Pinnacle Mines
Ltd announce that further assays have been received from the 2008 drill
program on the Silver Coin project. A total of approximately 12,600 meters of
drilling was completed in 79 holes on the Kansas and Big Missouri claims.
Drilling tested in areas with little or no drilling in order to provide data
for an updated resource calculation. Two different zones were tested with the
drilling including the BM massive sulphide zone as well as the Main Breccia
zone. The BM zone has had limited drilling completed on it to date.
    Results of the drilling indicate that the Main Breccia zone extends
northwest across the Big Missouri claim as well as trending south across the
Kansas claim on to the Idaho claim. Strike length of this breccia zone appears
to be in excess of 1.5 kilometers. DDH-282 tested the Main Breccia zone while
DDH-301A tested extensions of the BM mineralization consisting of strong
sulphide mineralization including sphalerite, galena and chalcopyrite
    Assays received for DDH-282 and DDH-301A are listed in the table below.

               From    To   Width   Au     Ag    Cu    Pb    Zn
    DDH         (m)    (m)   (m)   g/t    g/t    %     %     %   CLAIM TESTED

    2008-282  135.64 181.86 45.72  8.86  70.81 0.025  0.14  0.35 Kansas
    including 142.95 144.78  1.83 58.66  278.1 0.165  1.17  3.25 Kansas
    and       160.02 166.12  6.10 31.51 391.70  0.02  0.21  0.46 Kansas

    2008-301A  14.33  90.53  76.2  1.15  51.18  0.41  0.14  3.89 Big Missouri
    including  24.99  64.62 39.62  1.34  66.11  0.58  0.21  5.31 Big Missouri
    including  69.19  78.33  9.14  1.16  84.85  0.56  0.11  6.58 Big Missouri

    The Silver Coin is a gold-silver-base metal property located about 24
kilometers north of Stewart, British Columbia in the Skeena Mining Division.
The Silver Coin project and associated minerals claims is a 51-49% joint
venture between Pinnacle Mines and Mountain Boy Minerals except for the Kansas
claim which is 29 % mountain Boy and 71 % Pinnacle.
    A NI 43-101 report dated May 1, 2007 indicates that the property has
488,202 gold equivalent (Au-Ag) ounces in the measured and indicated category
as well as 1,000,499 gold equivalent ounces in the inferred category. The 2008
drill program is designed to add precious metal resources and to improve the
resource categories already established in the 43-101 compliant resource
calculation and technical report. Studies being completed during 2008 include
metallurgical work to establish possible recoveries as well as acid
    Alex Walus P. Geo. is the qualified person looking after the drill
program on behalf of the companies. Drill core samples are assayed by Assayers
Canada of Vancouver, BC.

    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.


    "Ed Kruchkowski"

    Ed Kruchkowski, Director
    %SEDAR: 00013756E

For further information:

For further information: John Thornton at (778) 855-7823 or Ed
Kruchkowski at (250) 636-9232 or visit the website at

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