Mountain Boy Minerals - Final Drill Results Received on the Red Cliff Property
February 05 2008 - 3:22AM
PR Newswire (US)
Trading Symbol: TSX-MTB Frankfurt-M9U.F OTC-MBYMF STEWART, BC, Feb.
5 /PRNewswire-FirstCall/ -- Mountain Boy Minerals Ltd. announces
that the final results for the Red Cliff zone on the Red Cliff
property have been received. Assays up to 3.61 % copper and 1.76
g/t gold were obtained over 10.73 meters in DDH-2007-RC-56 as well
as 2.66% copper and 0.30 g/t gold over 11.90 meters in
DDH-2007-RC-54. The company drilled 8825 meters in 42 holes testing
4 different targets on the property. This property is a former
producing copper and gold property dating back to 1908 located
about 20 kilometers north of Stewart, British Columbia in the
Skeena Mining Division. It consists of 8 Crown Granted claims along
Lydden Creek. The Redcliff Zone 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. The property is accessible by road approximately 1.5
kilometers from paved highway 37A and is underlain by lithologies
of the middle Jurassic Hazelton Group. These rocks host significant
precious and base metal deposits in the Stewart Camp including the
Silbak Premier, Silver Coin, Sulphurets, Red Mountain and Eskay
Creek deposits. The holes were drilled in order to test below the
between and below the lowest underground working on the Red Cliff
zone. Drilling extended the zone well below the lowest working as
well as indicating that 4 separate zones of copper -gold
mineralization are present in the immediate area of the underground
workings. Assay results over 1% Cu and or 1 g/t Au obtained for
some of these holes are shown below. Significant Drill Hole
Intersections
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Core DDH From To Length Au Ag Cu (m) (m) (m) g/t g/t %
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RC-10(xx) 16.62 19.97 3.35 2.17 12.54 1.57
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and 34.16 41.46 6.80 5.34 20.36 1.45
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and 109.1 111.9 2.80 0.3 11.5 1.35
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and 132.0 133.4 1.34 1.14 17.2 2.32
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and 138.2 139.6 1.46 1.28 10.9 1.15
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and 155.8 156.9 1.13 1.3 10.9 1.36
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RC-24 182.32 182.62 0.30 1.82 1.30 0.154
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RC-30 13.72 14.33 0.61 1.28 29.6 1.35
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and 15.24 16.31 1.07 1.80 29.7 3.47
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and 18.90 20.06 1.16 1.61 12.2 1.24
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and 32.62 34.54 1.92 2.19 7.14 0.42
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RC-31 16.77 17.68 0.91 0.82 22.3 2.0
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and 20.73 21.19 0.46 1.18 30.5 3.92
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RC-32 16.31 19.82 3.50 2.40 22.14 1.94
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and 22.01 23.38 1.37 0.88 18.76 2.97
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RC-51 139.33 142.53 3.20 1.52 16.90 1.06
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and 162.04 175.15 13.10 0.20 12.34 1.24
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RC-52 154.60 159.50 4.87 0.32 13.83 1.51
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and 167.99 175.0 7.01 0.21 12.64 1.77
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RC-53 145.73 146.34 0.61 0.56 58.1 3.44
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RC-54 89.79 90.24 0.46 1.0 3.7 1.21
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RC-55 120.12 132.01 11.90 0.30 22.1 2.66
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and 149.09 150.91 1.83 0.48 6.5 1.02
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and 153.35 153.96 0.61 0.22 10.2 1.88
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RC-56 117.93 128.66 10.73 1.76 20.24 3.61
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and 137.80 141.77 3.96 0.81 14.25 1.78
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(xx) DDH-10 was re-sampled as initial assays samples were not
received by lab. True widths of the intersected zones are unknown
but underground workings indicate that zones are up to 4.5 meters
in thickness. Mineralization is open along strike to the west as
well as to depth and up dip. Drilling was located at the base of a
mountain and mineralization has been traced up slope 800 meters to
the mountain top as well as 500 meters along strike. The presence
of rusty zones that extend from the area of underground workings to
mineralized trenches on the mountain top indicate that up slope
extension is favorable for further copper-gold mineralization. The
2007 drilling only intersected the northern most vein system and 2
veins south of this of drilling were not tested. Numerous
mineralized zones remain untested. 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" Ed
Kruchkowski, Director CONTACT: visit the website at
http://www.mountainboyminerals.ca/ DATASOURCE: Mountain Boy
Minerals Ltd. CONTACT: visit the website at
http://www.mountainboyminerals.ca/
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