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 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.

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MTB Metals Corp

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Post by BigBallerson Oct 22, 2009 3:57pm

384 Views

Post# 16414292

Post-poing assays?

Hello,

I was just reading up MTB's latest Financial statement, and noticed that warrants are about to be expired tomorrow.

Approximately 1.67million of them at 70 cent.

Also there are about ~167 thousands compensation units that will expire tomorrow as well.

Not sure if this plays a role.

Hopefully we will get assays Monday tho, so these warrants do expire.

(Of course, one could argue that these warrants will provide us the necessary financing we need.)

Thanks

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