Iceberg

Iceberg

The Iceberg claim project owned 100 % by Mountain Boy Minerals Ltd is located in the upper part of the White Glacier valley approximately 22 kilometres southeast of Stewart in the Skeena Mining Division, BC. Approximately 60 % of the claim area is covered by the White Glacier and or Cambia Icefield. The property covers an area of altered, Lower Jurassic-age, Hazelton pyroclastic volcanic rocks that are overlain by Middle Jurassic Salmon River Formation sediments.

Grab and chip sampling in a rhyolite breccia with minor tetrahedrite has yielded high silver values. The rhyolite has numerous zones of barite and several zones of galena-sphalerite and tetrahedrite mineralization. Best assays received are as follows:

Sample No.	Sample type	Au g/t	Ag g/t	Cu %	Pb %	Zn %
Freeze 1	Grab	1.14	3275	1.08	0.06	0.17
Freeze 2	1 m chip	0.37	859	0.236	0.03	0.04

The rhyolite is in the same stratigraphic horizon as the BA property mineralization located 20 kilometers north.

The Homestake Ridge mineralized zone is located south of the Iceberg Claims. It appears that the geological rock units hosting the Homestake mineralization may trend on to the Iceberg claims. The Homestake project has a current NI 43 -101compliant Indicated Resource, at a 3.0 g/t AuEq. cut-off, of 191,000 oz gold and 1,350,000 oz silver plus an Inferred Resource of 530,000 oz gold and 13,470,000 oz silver.