Trading Symbol: TSX-MTB Frankfurt-M9U.F OTC-MBYMF STEWART, BC, April 24 /PRNewswire-FirstCall/ -- The Company which owns extensive mineral holdings in the Stewart area plans aggressive exploration programs on properties in which it has a 100 % interest. There are twelve different properties in the company's portfolio (9 of which are 100 % owned) with some properties having outlined mineral resources. Pending government approval, Mountain Boy Minerals plans to explore the Red Cliff, George Copper, MB, FR and BA properties all of which are in the Stewart area and 100 % owned. Approvals are being awaited for 33,500 meters of drilling as follows: 2,500 meters of drilling on the FR, 10,000 meters of drilling on the BA, 5,000 meters of drilling on the MB, 10,000 meters of drilling on the Red Cliff and 3,000 meters of drilling on the George Copper properties. The company owns 4 diamond drills which will be used to complete the above drilling at a cost well below what is presently being charged. In addition, the company has farmed out the Dunwell and Ben Ali properties with the farm in agreement calling for a program that includes 3,000 meters of drilling. As well exploration work will be conducted on the Mackenzie property (20 % Mountain Boy) by a farm in partner. A brief summary of the companies main properties are as follows: Silver Coin project - The resource on this property totals 1,370,803 ounces of gold in 25,655,126 tonnes grading 1.662g/t Au, 7.492g/t Ag, 0.022% Cu and 0.285% Zn along a 1.5 to 2 kilometer long breccia zone. This resource is based on a National Instrument 43-101-compliant technical report on the Silver Coin property (which encompasses the Kansas claim) prepared by Minefill Services Inc. of Seattle, Wash., in April, 2007, This resource is along 500 meters of strike length within the Kansas claim (29.4 % Mountain Boy) and 200 meters within the Big Missouri Claim (49 % Mountain Boy). The company directly owns approximately 424,000 ounces gold plus silver and zinc credits in 700 meters of this breccia strike length with the structure open along strike to the north and south (49 % Mountain Boy interest). At least one kilometer of mineralized structure remains to be tested to the north with mineralization also open an unknown distance to the south. Exploration for 2008 on this property was dependent on a November 2007 joint venture meeting in order to review the 2007 drill results and plan a 2008 program. To date, Mountain Boy has not received notice for any joint venture meeting or work proposal approval by its joint venture partner for the Silver Coin project. MB Silver project - This project contains numerous silver-zinc-barite veins with an indicated 43-101 compliant resource totaling 105,555 tonnes grading 208.9 g/t Ag, 2.01 % Zn, 0. 68 % Pb, 0.064 % Cu and 13.59 % BaSO4 outlined in short portions of 3 different veins. Drilling in 2008 will be above the Cameron adit in which 2 underground chip lines several meters apart gave 3.4 meters of 398.8 g/t Ag, 2.16 % Zn and 0.15 % Cu followed by 3.0 meters of 45.5 g/t Ag, 3.62 % Zn and 0.024 % Cu. A trench over part of the vein system 30 meters above this adit yielded 3200 g/t Ag over 1.5 meters. Drilling will include 5,000 meters to test above and below this trench as well as along strike in the immediate area. Road access is presently possible to the Cameron portal and drill set-ups will be off the existing road. George Copper project - Historical resources have been reported to total (indicated and inferred) 180,000 tonnes grading 2.0 % copper, 17.1 g/t Ag and 2.1g/t Au. Unclassified resources were reported to be 453,550 tonnes grading 2.0 % copper, 17.1 g/t Ag and 2.0 g/t Au. These resources are not 43-101 compliant and are being used for reference purposes only. These historical resources were based on work by Consolidated Mining and Smelting (now Teck Cominco) for surface work in 1929. Excellent potential exists for up grading resource to present day classifications and expanding the total resource. Exploration potential on the property is considered to be excellent with 4 different types of targets including stratabound copper-silver, vein type copper-gold, vein type Pb-Zn-Cu-Ag as well as potential Kuroko type Zn-Pb-Ag extending from the BA discovery area. The company plans to test, with 3,000 meters of drilling, the down dip extent of the vein type copper-gold particularly below trenches (1917 era) that yielded copper mineralization having values of 4.0 % Cu over widths of 3.0 meters in these cuts. Red Cliff project - Historical resources have been reported to total 20,789 tons of sorted ore averaging 3.19% Cu and 2 gram/tonne gold within a stope area of the former small mine. These resources are not 43-101 compliant and are being used for reference purposes only. To date 2007 drilling has confirmed the presence of high grade copper and high grade copper-gold veins in the area of these historical resources. Exploration has only been carried out on a small portion of the most easterly edge of mineralization with zones open to surface (up to 1000 meters of height), depth and to the west along strike. In addition, the company explored the Montrose zone which had 65 tons mined averaging 2.45 opt Au, 2.95 opt Ag, .91% Cu, 3.5% Pb and 4.41 % Zn in 1939 - 41. Work in the area of high grading during a 1979 surface sampling program yielded 19.31 g/t Au over 2.43 m and 1987 surface sampling gave 7.93g/t Au over 3.81 m. Several holes drilled in 1988 to 1990 gave intercepts of 1.72 g/t Au over 14.48 m including 9.31 g/t Au over 1.70 m and 1.17 g/t Au over 16.89 m including 4.82 g/t Au over 2.29 m. In 1988 the Waterpump Zone which represents the south fault extension of the Montrose Zone was discovered. It is located approximately 50 meters south of the 1939-1941 mining. A trench over the zone gave values consisting of 21.37 g/t Au over 4.2 m and 6.89 g/t Au over 3.3 m with 2.0 m of dyke between the values. Across the entire zone including the dyke, the sampling yielded an average of 12.07 g/t Au over 8.5 m. Drilling in 2007 gave values of 16.61 g/t Au over 1.61 meters and 9.22 g/t Au over 3.05 meters for the Montrose zone. The company plans to continue to explore this property with 10,000 meters of drilling in 2008 in order to expand the area of known mineralization, both in the Montrose zone and copper-gold zones... BA project - A total of 45 holes have been drilled in 2006-2007 on the main exposed high grade silver - massive sulphide horizon with 5 of these holes testing for a southerly extension beneath a cover of overlying sediments. Zinc-silver and lead values within the high grade silver - massive sulphide horizon on the BA claims have been intersected in drilling over at least 500 meters in strike length in a volcanic rock unit traced for over 5 kilometers. Wherever the zone is exposed along the 5 kilometers of strike length, sampling has yielded zinc-silver-lead values. In the immediate area of drilling, the mineralized zone is exposed for over 1 kilometer of strike length. The mineralized zone is located in the upper parts of Bear Glacier Valley 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. This mineralization consisting of finely bedded sphalerite and pyrite with minor galena and chalcopyrite occurs below the main exhalite (red jasper/green to grey chert) horizon and is located within mudstones, mudstone breccias and dacite breccias. A zone 3 kilometers south of the drilling with grab samples giving 12 % zinc and 698 g/t silver are within the same stratigraphic horizon as the results below. The horizon which is strongly folded to the north of the drilling has been traced for at least 1 kilometer in that direction. Highlights of 2007 drilling includes 57.93 meters of 140.44 g/t Ag, 1.66 % Pb and 2.51 % Zn in DDH-2007-BA-1, 6.1 meters of 276.65 g/t silver, 1.98 % lead and 3.77 % zinc in DDH-2007-BA-2, 12.20 meters of 145.3 g/t silver, 3.13 % lead and 2.30 % zinc and 37.20 meters of 140.7 g/t silver, 2.63 % lead and 2.89 % zinc in DDH-2007-BA-5, 26.98 meters of 99.03 g/t silver, 1.16 % lead and 3.72% zinc in DDH-2007-BA-9 and 15.24 meters of 52.91 g/t silver, 1.01 % lead and 5.73 % zinc in DDH-BA-2007-10. Drilling in 2008 will include 10,000 meters of drilling in approximately 60-70 holes. It is the companies plan to have a 43-101 report prepared on this property at the end of the 2008 drilling. This project has the potential to host a large Kuroko type VMS deposit that is silver rich. FR property ----------- The company plans to explore the Lilianne vein which is at least 600 meters long with strong gold-silver values. Best grab results included 236.6 g/t Au, 8108 g/t Ag, 11.24 % Cu, 5.95 % Pb and 13.4 % Zn. This vein has the potential to host a high grade epithermal gold-silver deposit. The company plans to conduct 2,500 meters of drilling to define this poorly exposed vein system. 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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