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MTB Metals Corp V.MTB

Alternate Symbol(s):  MBYMF

MTB Metals Corp is a Canadian mineral exploration company. The Company has six active projects spanning 670 square kilometers (67,587 hectares) in the prolific Golden Triangle of northern British Columbia. Its projects include Telegraph, American Creek, Red Cliff, BA property, Theia and Southmore. The Telegraph project is located in the vicinity of four porphyry deposits being advanced by mining companies: Galore (Teck / Newmont), Schaft (Teck), Saddle (Newmont) and the operating Red Chris copper-gold mine (Newcrest / Imperial Metals). The American Creek project is centered on the historic Mountain Boy silver mine. The project is road accessible and 20 kilometers (km) from the deep-water port of Stewart. Red Cliff is a past producing gold and copper mine in which the Company holds a 35% interest. The BA property is a silver-lead-zinc mineralization located approximately four km from the highway. The Southmore is in the midst of some of the deposits in the Golden Triangle.


TSXV:MTB - Post by User

Bullboard Posts
Post by arossblueon Jan 19, 2012 10:49am
412 Views
Post# 19421553

14.98 g/t Gold over 4.46 Meters @ Silver Coin

14.98 g/t Gold over 4.46 Meters @ Silver Coin

Press release from Marketwire

Jayden Reports 14.98 g/t Gold Over 4.46 Meters and 5.10 g/t Over 9.14 Meters at Silver Coin

 

Thursday, January 19, 2012

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 19, 2012) -Jayden Resources Inc. ("Jayden" or the "Company")(TSX:JDN) is pleased to announce additional assay results from the 2011 drill program at its Silver Coin Gold Project near Stewart, BC. Highlights from some of the new assays are shown in the table below:

      Intercept        
  From To Length Au Ag Au Ag
Hole ID Meters Meters Meters (g/t) (g/t) (oz/t) (oz/t)
SC11-425 35.97 45.11 9.14 5.10 21.88 0.15 0.64
SC11-430 156.00 158.24 2.24 3.51 7.15 0.10 0.21
SC11-431 5.33 8.68 3.35 5.60 41.85 0.16 1.22
SC11-433 40.53 43.58 3.05 5.67 16.71 0.17 0.49
SC11-434 46.44 49.00 2.56 7.96 47.97 0.23 1.40
SC11-437 39.70 46.66 6.96 4.34 14.61 0.13 0.43
including 45.48 46.66 1.18 19.12 21.50 0.56 0.63
  112.54 117.00 4.46 14.98 60.27 0.44 1.76
SC11-438 66.57 69.49 2.92 6.61 9.55 0.19 0.28
SC11-439 58.46 60.00 1.54 4.45 2.90 0.13 0.09
  125.07 126.57 1.50 5.22 22.10 0.15 0.65
  147.00 148.50 1.50 21.22 9.80 0.62 0.29
  190.77 194.89 4.12 1.94 18.32 0.06 0.53
SC11-440 33.53 37.05 3.52 6.79 30.13 0.20 0.88

The primary goal of the 2011 drill program was to upgrade the inferred ounces to the indicated and measured categories by targeting areas on the property between previously drilled holes. This infill program along with a modest level of step-out drilling was designed to add overall resources to the project while upgrading inferred ounces since only measured and indicated ounces can be used for economic calculations in a prefeasibility report. The Company will use the results from the 2011 drill program to update the Silver Coin resource with the intention of bringing the project to positive prefeasibility during the 2nd quarter of 2012.

Follow the link below for a complete list of all assays received to date for the 2011 program and a map showing the location of the 2011 drill holes: https://www.jaydenresources.com/silver-coin/silver-coin-project-drilling-2011.html

 

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