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 June 20, 2017
Visible Gold Intersected at Depth Within Wide Zones of Mineralization.

 Stewart, BC -- Mountain Boy Minerals Ltd ("Mountain Boy") reports that Phase I drilling is continuing on the Red Cliff property. On the Red Cliff project, the Company and Decade Resources are in joint venture on the Crown Granted portion of the property which is owned 65% by Decade and 35% by Mountain Boy. The Silver Crown 6 claim, in which Decade is earning a 100 % interest, is adjacent to the north portion of the crown grants. To the north of the Silver Crown 6 claim, Mountain Boy owns a 100 % interest in the MB property. The Red Cliff Extension claim owned 100 % by Decade is along the east side of the Silver Crown 6 claim.

The 2017 Phase I exploration program is underway and includes the following:
  • Drill holes to further define and test the Red Cliff copper-gold zones above the underground workings and below DDH-2010 RC-1 (4.42 m of 21.94 g/t Au), DDH-2010-RC-5 (7.32 m of 13.10 g/t Au) and DDH-2010-RC-10 (1.90 m of 29.93 g/t Au). There is a vertical distance of 200 m between the workings and upper drill holes.
  • Drill holes to test and extend the zone beneath DDH-2012-61 (35.06 m of 7.83 g/t Au), DDH-2011-27(30.64 m of 14.53 g/t Au) and DDH-2011-28 (13.71 m of 7.90 g/t Au).
  • Further work to accurately locate the Waterpump zone, initially using a drone to locate and if needed, use climbers to sample the zone in Lydden Creek.
  • Drill holes to the north along the zone to test for extension of the mineralization outlined to date.
  • Petrographic studies to aid in rock determinations and help facilitate the planning of drill holes.
Several holes completed to date on the Montrose zone, north of Lydden Creek have intersected a sheared and mineralized intrusive rock with stockworks of galena-sphalerite-chalcopyrite. Within the first hole, drilled at -55 degrees at right angles to the zone, a zone of sheared mineralized intrusive was intersected at 158.5 to 219.5 metres. The second hole from the same set-up, drilled at -60 degrees, intersected sheared and mineralized intrusive from 213 to 274 metres. Visible gold was noted within the numerous galena stringers within 259 m and 264 m within the second hole. Varying amounts of galena stringers are present within the entire mineralized interval. The mineralization within the above 2 holes are similar to that encountered in DDH-2011-27 (30.64 m of 14.53 g/t Au). The reader is cautioned that the results for the 2017 holes have not been obtained and this comparison is for reference purposes due to similar lithologies and proximity to the 2011 drill hole. Photos of some of the mineralization and gold can be viewed on the Company website.

True width of the zones appears to be at least 30 m based on plotting the geology on a cross section. These holes are some of the deepest testing the Montrose zone. Mineralization is open in all directions to these holes.

Drilling is also being carried out by another drill on the Red Cliff zone, located 900 m south from the Montrose zone. Drilling is intersecting quartz with chalcopyrite, pyrite and sphalerite over zones up to 5 m in width.

Ed. Kruchkowski, P. Geo., a qualified person under National Instrument 43-101, will be 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 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

"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."
 
 

You can view the Next News Releases item: Wed Jul 5, 2017, Drilling On The Montrose Zone Intersects Visible Gold In 3rd Hole Within A Wide Mineralized Intrusive Section

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