MTB Metals Corp V.MTB

Alternate Symbol(s): MBYMF

Metals & Mining Industrial Metals & Minerals

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

MTB Metals Corp

Bullboard Posts

Post by tiengongon Jun 30, 2012 6:43pm

172 Views

Post# 20072756

Silver Coin overall gold-silver grade

Silver Coin property Assays
				Gold	Silver			Gold	Silver
OCTOBER 18 2011			L	G	G			L x G	L x G	L
No.	FROM (m)	TO (m)	LENGTH (m)	AU (g/t)	Ag (g/t)	AU (g/t)	Ag (g/t)	widthxg/t (m-g/t)	widthxg/t (m-g/t)	width (m)
SC11-379	187.0	204.5	17.5	1.40	6.01			24.5	105.175	17.5
SC11-384B	14.2	21.4	7.2	2.47	9.11			17.784	65.592	7.2
SC11-386	111.5	116.6	5.1	8.11	44.33			41.361	226.083	5.1
including	112.9	114.5	1.6			22.79	46.20	0	0	1.6
	162.9	165.6	2.7	2.79	4.69			7.533	12.663	2.7
including	162.9	164.0	1.1			5.70	7.80	0	0	1.1
SC11-391B	3.1	14.9	11.8	5.27	30.47			62.186	359.546	11.8
including	3.1	6.1	3.0			6.69	29.40	0	0	3.0
SC11-394	47.9	54.0	3.1	1.42	6.78			4.402	21.018	3.1

OCTOBER 27 2011
No.	FROM (m)	TO (m)	LENGTH (m)	AU (g/t)	Ag (g/t)	AU (g/t)	Ag (g/t)
SC11-404	27.0	30.3	3.3	4.15	16.78			13.695	55.374	3.3
	64.5	78.8	14.3	7.97	11.92			113.971	170.456	14.3
including	67.5	75.7	8.2			12.54	17.98	0	0	8.2
including	67.5	68.8	1.3			22.51	24.00	0	0	1.3
SC11-409	15.2	21.0	5.8	2.69	47.60			15.602	276.08	5.8
SC11-413	45.0	73.6	28.6	1.24	13.41			35.464	383.526	28.6
including	49.5	51.0	1.5			7.22	31.00	0	0	1.5
SC11-415	40.1	85.0	44.9	2.86	23.06			128.414	1035.394	44.9
including	50.0	52.8	2.8			5.95	26.48	0	0	2.8
including	61.0	62.8	1.8			12.05	78.10	0	0	1.8
including	70.3	71.9	1.6			7.60	47.00	0	0	1.6
including	73.4	74.7	1.3			13.31	41.00	0	0	1.3
including	76.0	77.6	1.6			9.80	29.70	0	0	1.6

DEC 5 2011
No.	FROM (m)	TO (m)	LENGTH (m)	AU (g/t)	Ag (g/t)	AU (g/t)	Ag (g/t)
SC11-345	66.1	68.7	2.6	3.6	12.39			9.36	32.214	2.6
SC11-417	37.3	89.0	51.7	2.23	13.92			115.291	719.664	51.7
including	63.4	66.5	3.1			5.6	25.21	0	0	3.1
	83.0	89.0	6.0	7.92	28.68			47.52	172.08	6.0
including	84.4	86.0	1.6			25.1	64.20	0	0	1.6
SC11-419	8.8	10.0	1.2	5.31	5.30			6.372	6.36	1.2
	84.7	91.9	7.3	1.83	16.34			13.359	119.282	7.3
SC11-421	21.0	25.3	4.3	2.94	43.65			12.642	187.695	4.3
	42.0	51.0	9.0	1.64	62.05			14.76	558.45	9.0
	64.4	65.5	1.1	5.65	4.00			6.215	4.4	1.1
SC11-422	18.3	33.2	14.9	2.45	12.15			36.505	181.035	14.9
	30.2	33.2	3.0	6.9	32.20			20.7	96.6	3.0
SC11-424	72.5	100.0	27.4	8.04	13.62			220.296	373.188	27.4
including	78.5	96.9	18.5			11.68	18.89	0	0	18.5
including	85.5	91.5	5.9			25.47	40.78	0	0	5.9
including	88.0	89.0	1.0			72.37	59.90	0	0	1.0
	93.0	95.4	2.4	16.77	18.27			40.248	43.848	2.4

JAN 19 2012
No.	FROM (m)	TO (m)	LENGTH (m)	AU (g/t)	Ag (g/t)	AU (g/t)	Ag (g/t)
SC11-425	36.0	45.1	9.1	5.1	21.88			46.614	199.9832	9.1
SC11-430	156.0	158.2	2.2	3.51	7.15			7.8624	16.016	2.2
SC11-431	5.3	8.7	3.4	5.6	41.85			18.76	140.1975	3.4
SC11-433	40.5	43.6	3.1	5.67	16.71			17.2935	50.9655	3.1
SC11-434	46.4	49.0	2.6	7.96	47.97			20.3776	122.8032	2.6
SC11-437	39.7	46.7	7.0	4.34	14.61			30.2064	101.6856	7.0
including	45.5	46.7	1.2			9.12	21.5	0	0	1.2
	112.5	117.0	4.5	14.98	60.27			66.8108	268.8042	4.5
SC11-438	66.6	69.5	2.9	6.61	9.55			19.3012	27.886	2.9
SC11-439	58.5	60.0	1.5	4.45	2.9			6.853	4.466	1.5
	125.1	126.6	1.5	5.22	22.1			7.83	33.15	1.5
	147.0	148.5	1.5	21.22	9.8			31.83	14.7	1.5
	190.8	194.9	4.1	1.94	18.32			7.9928	75.4784	4.1
SC11-440	33.5	37.1	3.5	6.79	30.13			23.9008	106.0576	3.5
								1313.8125	6367.9162	379.14
								EXACT OVERALL GOLD GRADE =
								(sum of all L x G) divided by ( sum of all L) =
								3.47	16.80	g/t
EXACT OVERALL GOLD GRADE FROM ALL DRILL CORES
= TOTAL WEIGHT OF GOLD FROM ALL DRILL CORES / TOTAL WEIGHT OF ALL DRILL CORES
= 3.47 g/t = 0.10 ounce per tonne of ores

EXACT OVERALL SILVER GRADE FROM ALL DRILL CORES
= TOTAL WEIGHT OF SILVER FROM ALL DRILL CORES / TOTAL WEIGHT OF ALL DRILL CORES
= 16.8 g/t = 0.49 ounce per tonne of ores


For each 10 million tonne of ores, there are 1 million ounces of gold = $1.5 billion at gold price of $1500
For each 10 million tonne of ores, there are 4.9 million ounces of silver = $127 million at silver price of $26

Total Resources value = $1.62 billion per 10 million tonne of ores

Mountain Boy's share = 20% x $1.62 billion = $324 million for each 10 million tonnes of ores
Jayden Resources's Share = 80% x $1.62 billion = $1.29 billion for each 10 million tonnes of ores

Investors are not impressed with short interval of good grade gold, only long core lengths make headline
With high grade gold even in shallow holes, it is very likely that long core length of spectacularly
high grade gold exists in the depth. Such assay result has caused euphoria
in the financial market by Unigold's (UGD.V) assays and by former Aurelian Resources.
Deep hole drilling (400 meters to 1000 meters) is warranted which may yield Aurelian style discovery:

https://www.youtube.com/watch?v=4vLwL5sOl04


References:

Jayden Resources website:
https://www.jaydenresources.com/news/2012.html

Mountain Boy Minerals website:
https://www.mountainboyminerals.ca/s/Home.asp


Mathematics:

TOTAL WEIGHT OF GOLD FROM ALL DRILL CORES
= sum of (1/4 x 3.1416 x D^2 x L x S x G) in each drill core
where D is the diameter of the core in meter, D^2 is square of D
L is the width or length of each core in meter
S is the density of the core in tonnes per cubic meter
G is the mineral grade in each drill core

TOTAL WEIGHT OF ALL DRILL CORES
= 1/4 x 3.1416 x D^2 x S x (sum of all core width or length)

ACTUAL OVERALL GRADE FROM ALL DRILL CORES
= TOTAL WEIGHT OF GOLD FROM ALL DRILL CORES / TOTAL WEIGHT OF ALL DRILL CORES
= sum of (L x G) / sum of all L
= (L1 x G1 + L2 X G2 + …… + Ln x Gn) / (L1 + L2 +……..+ Ln)