STEWART, British Columbia, Dec. 08, 2016 (GLOBE NEWSWIRE) -- Mountain Boy Minerals Ltd (Mountain Boy) (TSX-V:MTB) (Frankfurt:M9U) is reporting on additional trench sampling results from its 50 percent owned BA project in the Golden Triangle district of British Columbia. At the BA project, the BA zone represents the surface exposure of a large VMS system that has been previously drill-tested over 1.5 kilometres of strike. The zone is located between 2.5 and 4 kilometres from paved highway 37A, the main access route to Stewart, British Columbia, and remains open to extension. Complete results are presented in Table 1.
Highlighted results include:
- Trench “A” – 7.50 m of 5.31% Zn, 1.97% Pb and 132 g/t Ag within 15.0 m of 3.84% Zn, 1.25% Pb and 108 g/t Ag
- Trench “K” – 6.00 m of 3.2% Zn, 0.72% Pb and 120 g/t Ag within 12.00 m of 2.42% Zn, 0.55% Pb and 99 g/t Ag.
- Trench “M” – 6.00 m of 0.35 g/t Au, 19.2 g/t Ag and 2.1% Cu defining a copper-gold target related to higher temperature VMS feeder style mineralization at the George Copper area of the BA claims
| Table 1: Channel sample results from BA Zone. Trench M was completed at the George Copper Zone. | |||||||||
| Trench | From (m) | To (m) | Width (m) | Zinc (%) | Lead (%) | Silver (g/t) | Gold (g/t) | Copper (%) | |
| A | 0.00 | 15.00 | 15.00 | 3.84 | 1.25 | 107.65 | - | - | |
| A | 3.00 | 10.50 | including | 7.50 | 5.31 | 1.97 | 132.44 | - | - |
| B | 0.00 | 4.00 | 4.00 | 1.07 | 0.20 | 107.69 | - | - | |
| I | 7.50 | 15.00 | 7.50 | 0.73 | 0.25 | 19.10 | - | - | |
| K | 0.00 | 12.00 | 12.00 | 2.42 | 0.55 | 99.41 | - | - | |
| K | 4.50 | 10.50 | including | 6.00 | 3.20 | 0.72 | 119.68 | - | - |
| K | 4.50 | 7.50 | including | 3.00 | 5.12 | 0.83 | 102.85 | - | - |
| L | 0.00 | 7.80 | 7.80 | 2.57 | 0.48 | 63.87 | - | - | |
| L | 0.00 | 5.80 | including | 5.80 | 3.27 | 0.6 | 68.59 | - | - |
| M | 7.50 | 13.50 | 6.00 | - | - | 19.2 | 0.35 | 2.10 | |
The George Copper target is located approximately 3 kilometres to the northwest of the BA Zone, and less than 5 kilometres to the north of IDM Mining Ltd.’s Red Mountain property. George Copper is situated 100 – 200 metres stratigraphically below the BA Zone and is believed to represent higher temperature, copper-gold dominated VMS mineralization of similar style to that which has also been intersected below the zinc-silver-lead horizon at BA. Great Bear Resources, the 50 % partner with Mountain Boy has posted a map showing the location of the trenching relative to previous drill holes.
Rock assay results are evaluated through a Quality Assurance and Quality Control (QAQC) procedure that includes the use of standards with known precious and base metal values. Assaying was carried out by Activation Laboratories Ltd. of Kamloops, British Columbia.
Ed. Kruchkowski, P. Geo., a qualified person under National Instrument 43-101 is responsible for the contents of this release. E. Kruchkowski is not independent of Mountain Boy as he is the president and a director of the Company.
Mountain Boy Minerals Ltd. is a Canadian based mineral exploration company with diverse property and resource holdings around the Stewart region in British Columbia’s golden triangle. It owns 20% of the Silver Coin project, a gold-silver-base metals project that has a 43-101 compliant resource calculated. The Company is also exploring silver-base metals on its American Creek and Bear Valley properties as well as copper-gold on their Stewart area claims. For a complete listing of the Company assets and developments, visit the Company website at www.mountainboyminerals.ca. For investor information please call 250-636-2264 or Gary Assaly at 604-377-7969.
ON BEHALF OF THE BOARD OF Mountain Boy Minerals LTD.
“Ed Kruchkowski”
Ed Kruchkowski, President, Director
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“This news release may contain forward–looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.”