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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 approximately 580 square kilometers 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 mooneyeson Jun 06, 2007 9:13pm
247 Views
Post# 12904549

Mountain Boy plans at least four drill projec

Mountain Boy plans at least four drill projecwell I guess this answers most of my question...nice update. Can hardly wait till the results start flowing in on the MB property (from www.stockwatch.com ) Mountain Boy plans at least four drill projects in 2007 2007-06-06 14:19 PT - News Release Mr. Ed Kruchkowski reports COMPANY ANNOUNCES DRILL PROGRAMS ON FOUR DIFFERENT PROPERTIES Mountain Boy Minerals Ltd. intends to drill at least four different properties during the 2007 field season. These are as follows: * MB silver project -- Between 1929 and 1938, the MB property produced 60 tons of hand-cobbed material that yielded an average 546.8 ounces/ton silver, 3.2 per cent copper and 3.15 per cent lead per ton of ore. In 1940, mining extracted 3.08 tons grading an average 0.09 ounce/ton gold, 248 ounces/ton silver, 2.2 per cent copper, 4.9 per cent lead and 5.8 per cent zinc. In 1999, Mountain Boy Minerals extracted a 13.6-tonne (15-ton) sample from the high-grade vein with results from the smelter indicating a value of 18,854 grams/tonne silver (550 ounces/ton), 1.1 per cent zinc and 2.5 per cent lead for this shipment. Drilling in 2006 yielded 5.18 metres of 5,258.0 g/tonne silver in DDH-2006-10. * BA Project Drilling will test a volcanogenic massive sulphide (VMS) horizon located in the upper parts of Bear Glacier within the same stratigraphic horizon as that which hosts the Eskay Creek deposit. The company believes that the zone represents a portion of a Kuroko-type VMS system composed of an exhalite horizon with related zinc-lead-silver mineralization. The main exhalite horizon is 40 to 50 metres wide and can be traced for over one kilometre of strike length. This mineralized horizon being drill tested is on the west limb of a syncline. Float sampling in 2005 found similar mineralization on the east limb of the syncline approximately three kilometres east of the horizon being tested. DDH 2006-BA-9 intersected 1.22 metres grading 369.6 g/tonne silver 16.1 per cent Pb and 13.7 per cent Zn. * Redcliff project, which contains 2,300 m of underground development on five levels from four portals over a height of several hundred metres with limited Cu-Au production reported in 1910-12 and 1973. From 1910-12 production from the Redcliff zone amounted to approximately 1,136 tonnes estimated to average 5 per cent Cu. In 1972 about 3,776 tonnes of ore was sent to a local mill. The only reserve estimate reported for the Redcliff zone was in 1912 showing a total of 18,900 tonnes averaging 3.19 per cent Cu and 2.86 grams per tonne gold. This estimate was only for broken mineralized material within a stope on one of the levels in the mine. This estimate is historical and is not 43-101 compliant and is used for reference purposes only. * George copper project -- Historical resources 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. Unclassified resources 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. Ed Kruchkowski, PGeo, is the qualified person under National Instrument 43-101 and is in charge of the exploration programs on behalf of the company.
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