|July 06, 2017|
Company Project Update - 'Golden Triangle' Holdings
Stewart, BC -- Mountain Boy Minerals Ltd ("Mountain Boy") reports that it will be actively exploring a number of its BC mineral properties with the focus on the "Golden Triangle" holdings. Properties being explored in the 2017 program include the following:
Mr. Kruchkowski reports that the company is currently engaged in a respectful consultation and accommodation process with local First Nations represented by the Lower Similkameen Indian Band. After an initial "Preliminary Environmental Assessment" (P.E.A.) review conducted by the Lower Similkameen Indian Band , the company has now asked for and received a cost estimate for required field studies, project coordination and meet with Chief and Council .Field studies will start once scheduling can be arranged. In describing the "Manual Creek Tuffs" Mr. Neil Church, Ph.D., P.Eng identified an area measuring approx. 5 square km along a 5 km long belt with zeolitic beds ranging up to 10m in thickness. Here he estimated that the amount of tuff sub cropping the glacial till is estimated to be about 5MM tones in an area of only 20 hectares. From his calculation and sampling statistics the accessible zeolitized tuff is estimated at 4MM tones and the calculated clinoptilolite bearing tuff at 3MM tones (Assessment Report 26889). The Company has not verified this data and it is being used for reference purposes.
Mr. Bernard, the company's Chairman states: "We are delighted to hear constant news about the growing importance of Zeolite in a host of applications, ranging from farming (including hydroponic), animal feeds, environmental remediation to name a few. The "Manual Creek" zeolites offer significant deposits to supply these markets for years to come from a strategic location with excellent infrastructure close to the U.S. border and rail connection in Oroville, WA. We are looking forward to work with the Lower Similkameen Indian Band and local First Nations seeking their approval to develop these resources for our mutual benefit".
Red CliffThe Company is exploring the property in joint venture with its partner. A drill program is underway and results were announced in news releases on June 20 and July 5, 2017. The Phase I drilling is continuing on the both the Red Cliff and Montrose zones. Metallurgical work is also being conducted on core from DDH-MON-12-62 in order to obtain possible recovery methods.
Surprise Creek/BA Properties
Metallurgical testing continues on core from DDH-SC-2 to provide details on possible metal recoveries with emphasis on barite recovery and purity. The Company plans to formulate an exploration program once snow conditions allow.
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
"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."
You can view the Next News Releases item: Tue Jul 18, 2017, Barite Concentrate from Surprise Creek VMS Test far exceeds API Standards - Cu Grade 26.2% at 70.5% recovery and Zn Grade 53.8% at 89.1% Recovery
You can view the Previous 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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