Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Comment by Countrygenton Jan 13, 2021 2:55pm
177 Views
Post# 32286782

RE:RE:RE:I'm looking forward to more 5.2 m of 5,258 g/t Ag

RE:RE:RE:I'm looking forward to more 5.2 m of 5,258 g/t AgFourbarrels, yes bonanza grade silver is a good possibility, they knew where the high grade veins had been mined or are exposed when they located their 2020 drill holes.  And just from observation of the core without assay they already know enough of the stratigraphy and expression of silver oxides or sulphides in the observable core they are already mapping their drill targets for this year even without assays in hand.  THey have said as much by indicating they intend to use prior tunnelling as underground drill pad locations.  No way (my belief at least) they would have announced that intention without a high degree of certainty about expected results.

For me that is sizzle.  The steak is additional proof that high grade silver is just an expression of a much larger economic polymetal target such as Premier.  So what might be more exciting than a few meters of super-bonanza grades at the shallow end might be made into much more promising news by modest grades of copper, gold, zinc, lead, moli, at greater depths.  I wonder how much length of core is comparable to what has been massively drilled over the mountain at Afton’s property, where as we know they have been drilling for decades.  Big body of comparatives there to study.

Any drill play is a high risk gamble.  The overall success rate is minuscule by but we are already ahead of the laws of averages from prior mining, location adjacent to a theoretical model, and surface works. I have a high degree of confidence the assays will advance, not put into question, the greater large scale deposits theory.  Whether the market responds or understands ... you know in some respects you kind of hope we are dancing with joy and the market ignores clear indicators, because then we get to back up the truck at a rock bottom market cap.  Whoop!

Should be soon.  We’re not alone.  MTB’s old buddy Big Ed has been waiting on assays from Decade’s Del Norte drilling ... running on an even longer schedule as they were pulling core earlier last season.  Golden Triangle ... Eskay, Pretium, Treaty Creek, these two ... heating up to say the least, and market trends continue to say cheap money, higher metals prices.  Exciting or what?

cg
<< Previous
Bullboard Posts
Next >>