Mountain Boy Minerals Ltd - Further Drill Results Continue to Indicate High Grade Silver Within the Massive Sulphide Horizon on
November 20 2007 - 11:07AM
PR Newswire (US)
Trading Symbol: TSX-V-MTB Frankfurt-M9U.F OTC-MBYMF STEWART, BC,
Nov. 20 /PRNewswire-FirstCall/ -- Mountain Boy Minerals Ltd
announces that assays for holes BA-11 to BA-17 from the 2007
drilling exploration program on the 100 % owned BA claims have been
received. A total of 31 holes were completed; 26 on the main
sulphide zone with 5 on other targets in the project area. The BA
claims are located 30 km east of Stewart in the Skeena mining
division approximately 3 kilometers south of paved Highway 37A.
Highlights of drilling includes 28.96 meters of 203.5 g/t silver,
2.5 % lead and 1.0 % zinc in DDH-2007-BA-15, 2.44 meters of 178.5
g/t silver, 5.6% lead and 1.06% zinc in DDH-2007-BA-16 and 18.29
meters of 246.5 g/t silver, 0.78% lead and 1.71% zinc in
DDH-2007-BA-17 including 2.44 meters of 1091 g/t silver, 2.94% lead
and 1.31% zinc. The mineralized zone is located in the upper parts
of Bear Glacier within the same stratigraphic horizon as that which
hosts the Eskay Creek deposit. The company believes that the zone
represents the upper portion of a Kuroko-type volcanogenic massive
sulphide (VMS) system composed of an exhalite horizon with related
zinc-lead-silver mineralization. Mineralization occurs below the
main exhalite horizon and is located within mudstones, mudstone
breccias and dacite breccias. Mineralized rocks are at least 40
meters to 50 meters wide and mineralization can be traced for over
1 kilometer of strike length and is open along strike and to depth.
To date based on the drilling, the mineralized horizon has been
defined over appreciable widths over 800 meters of strike length
along a bench east of the Bear Glacier. This horizon is amenable to
open pitting if economic studies in the future are positive. Four
post mineral dykes ranging in width from 1.5 to 2 meters cut
through the mineralized horizon. Late stage replacement
mineralization associated with barite and hematite alteration
appears to carry the high silver values. Assays received for drill
holes BA-2007-11-17 with assay results greater than 1 % zinc listed
in the table below: DDH From To Width Ag Pb Zn (m) (m) (m) g/t % %
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2007-BA-11 16.46 19.51 3.05 34.0 0.37 1.56
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and 22.56 25.61 3.05 19.7 0.07 1.51
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and 32.32 35.06 2.74 30.0 0.22 2.81
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and 83.54 86.54 3.05 56.3 0.28 1.55
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2007-BA-12 7.98 13.41 5.49 26.4 0.27 1.48
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Hole Lost At 13.41 meters
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2007-BA-13 3.05 37.80 34.76 71.3 0.55 1.56
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2007-BA-14 22.56 56.71 34.15 50.93 0.9 1.72
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including 53.95 56.71 3.16 81.8 1.67 3.07
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2007-BA-15 2.44 19.51 17.1 56.83 0.41 1.51
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including 16.46 19.51 3.05 211.6 0.14 0.46
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and 28.66 34.76 6.1 16.2 0.35 1.56
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and 46.95 50.0 3.05 12.8 0.31 1.64
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and 62.2 71.34 9.15 19.7 0.30 1.43
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and 77.44 92.68 15.24 30.08 0.31 1.26
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and 97.26 126.22 28.96 203.5 2.5 1.0
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and 126.22 135.37 9.15 14.6 0.05 1.18
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2007-BA-16 12.20 24.70 12.5 43.2 0.48 1.35
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and 34.15 37.80 3.66 11.8 0.2 1.17
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and 61.89 64.33 2.44 178.5 5.6 1.06
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and 80.44 83.54 3.05 14.6 0.14 1.01
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and 114.02 116.77 2.74 73.3 3.45 0.04
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2007-BA-17 23.17 28.66 5.48 18.4 0.40 2.38
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and 37.8 40.85 3.05 16.3 0.18 1.05
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and 50.0 68.39 18.29 246.5 0.78 1.71
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including 60.98 63.41 2.44 1091.0 2.94 1.31
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and 104.88 107.93 3.05 24.3 0.7 1.05
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and 118.29 123.63 5.34 207.6 4.66 0.91
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Based on the 2007 results, the company plans an aggressive
exploration program in 2008 consisting of airborne geophysics,
trenching and diamond drilling utilizing up to 4 drills. Upon
completion of the 2008 work, the company will be in a position to
have a resource calculation carried out. E. Kruchkowski, P. Geo., a
qualified person under National Instrument 43-101, is in charge of
the exploration programs on behalf of the Company. Drill core and
surface 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. ON BEHALF OF THE BOARD "Ed
Kruchkowski" Ed Kruchkowski, Director CONTACT: Ed Kruchkowski at
(250) 636-9232 or visit the website at
http://www.mountainboyminerals.ca/ DATASOURCE: Mountain Boy
Minerals Ltd. CONTACT: Ed Kruchkowski at (250) 636-9232 or visit
the website at http://www.mountainboyminerals.ca/
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