George Copper

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The George Copper property is located approximately 32 kilometers northeast of Stewart, British Columbia. The project is 50 % owned by Mountain Boy Minerals Ltd and is comprised of 4 claims covering approximately 1000 hectares. The claims extend from west of Strohn Lake, straddling the Bear River along Highway 37A, including Cullen Creek Valley to the north of the highway. The area is underlain by altered Lower Jurassic-age Hazelton pyroclastic volcanics that are unconformably overlain by Middle Jurassic Salmon River Formation sediments. There is a historically outlined ore body on the property that includes reserves that have been reported to total (indicated and inferred) 180,000 tonnes grading 2.0 per cent copper, 17.1 grams per tonne silver and 2.1 grams per tonne gold assuming continuity of the mineralization along the veins, Unclassified reserves were reported to be 453,550 tonnes grading 17.1 grams per tonne silver, 2.0 grams per tonne gold and 2.0 per cent copper. These historic estimates have not been verified by a Qualified Person as a National Instrument 43-101 defined resource. This information is used for reference purposes only.

The George Copper property which is just west of the newly discovered Kuroko type massive sulphide on the BA property is underlain by the same felsic horizon hosting the BA mineralization. Work during 2011 outlined the following:

Red Top Targets

73 grab samples taken from the Red Top area two kilometres north of the highway returned values that ranged from below detection limits to a maximum of 1080 g/t silver and 14.0% lead, with an average of 39.5 g/t silver, 1.1% lead and 1.25% zinc. These results define six open silver-lead-zinc targets across a four square kilometre area. Silver mineralization is hosted in parallel barite and polymetallic semi-massive to massive sulfide vein systems that range from stockworks to individual veins with thicknesses of up to 10 metres.

Grand View Target

12 grab samples collected from the Grand View and George Copper targets, located less than 2 kilometres south of the highway, returned an average of 1.3 g/t gold, 12.5 g/t silver and 0.73% copper, with one grab sample returning 9.66 g/t gold, 104 g/t silver, and 2.38% copper. Taken together with results of Great Bear's 2010 exploration program in this area, a total of 34 grab samples have returned an average of 2.2 g/t gold, 9.7 g/t silver and 0.26% copper. These results define a broad target at Grand View with 500 metres of mapped strike, containing multiple gold-silver-copper mineralized high angle structures with widths ranging from centimetres to in excess of 10 metres.

Mountain Boy Minerals Property Locations

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