|April 04, 2017|
Metallurgical Studies on Surprise Creek Core and Red Cliff Core
|Stewart, BC - Mountain Boy (TSX-V-MTB) reports that the Company will be conducting metallurgical testing on core from the Ataman zone located at Surprise Creek. The drill hole selected is DDH-2016-SC-2 which contains a zone of base metal mineralization in a barite rich section. The table below illustrates the values obtained:|
Testing will include flotation methods for recovery of the base metals followed by gravity testing of the tails for the recovery of barite. The Company believes that a barite product can be produced that will at least meet the requirements for drilling mud (92 % BASO4) and at best an industrial grade barite (>95 % BaSO4).
It should be noted that the above barite zone remains open along strike and to depth from the intersection and full dimensions of the barite zone are unknown. The Ataman zone has been traced for at least 600m of width, 650m of height and an indicated length of 1200m. Numerous barite rich zones are indicated for the Ataman zone.
Core from DDH-SC-2016-2 will be on display at the KEG conference in Kamloops, BC during April 4th and 5th, 2017.
The Company reports that it will be conducting metallurgical testing on core from the Montrose zone. The drill hole selected is DDH-2012-61 which contains two different styles of gold bearing mineralization. The total width of the drill intersection is 35.06m of 7.8 g/t Au, 9.04 g/t Ag, 0.42 % Cu, 0.097 % Pb and 0.29 % Zn at 173.93 to 208.99 m. The hole was drilled at -75 degrees and the Company believes that the zone was approximately 15 m in true width. Within the intersection, there is a zinc rich portion carrying fine visible gold and a deeper copper rich section with coarse visible gold. The table below illustrates the values obtained:
Testing will include gravity and flotation methods for recovery of the gold and possibly the other metals.
It should be noted that the above zone remains open along strike and to depth from the intersection in DDH-2012-61. It is also the only deepest hole in this particular portion of the Montrose zone. Exploration plans for 2017 include several drill holes beneath the above intersection to test for down dip extension.
On the Red Cliff project, the Company is in joint venture on the Crown Granted portion and owns 35% of the project.
Ed. Kruchkowski, P. Geo., a qualified person under National Instrument 43-101, is in charge of the exploration programs on behalf of the Company and 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, President, Director
"Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."
"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."
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