Mr. Ed Kruchkowski reports
MOUNTAIN BOY MINERALS LTD.: SILVER COIN UPDATE AND FINANCING
Mountain Boy Minerals Ltd. has been notified by its joint-venture partner, Jayden Resources Ltd., that the recently completed 2010 drilling program continues to produce strong assay results, further illustrating the significant potential of the Silver Coin deposit. This news follows the recently released results from hole SC10-311 (see news release in Stockwatch dated Oct. 14, 2010), which reported 55 metres at an average grade of 8.42 grams per tonne gold, including seven metres at 32.9 grams per tonne gold.
ASSAY HIGHLIGHTS Intercept From To Length Au Au Ag AgHole ID (metres) (metres) (metres) (g/t) (oz/t) (g/t) (oz/t) Zn (%)SC10-312 70.0 105.2 35.2 3.12 0.091 24.07 0.703 1.26 145.5 170.5 25.0 1.73 0.051 6.02 0.176 0.29SC10-313 77.5 80.5 3.0 23.6 0.689 5.85 0.171 0.10 143.0 153.0 10.0 4.07 0.119 8.29 0.242 1.06SC10-315 11.4 43.0 31.6 2.19 0.064 13.19 0.385 1.36 83.5 88.0 4.5 2.53 0.074 5.13 0.150 0.11SC10-316 3.1 43.6 40.6 3.12 0.091 9.19 0.268 0.28 46.6 71.0 24.4 1.71 0.050 13.23 0.386 0.95