Mr. Ed Kruchkowski reports
SILVER COIN DRILLING UPDATE: EXCELLENT PROGRESS AND CONTINUED STRONG RESULTS. 2.50 G/T GOLD OVER 11.6 METERS, INCLUDING 16.3 G/T OVER 0.6 METERS IN HOLE SC11-362, AND 2.82 G/T GOLD OVER 13.4 METERS, INCLUDING 6.07 G/T OVER 2.6 METERS IN HOLE SC11-370.
Mountain Boy Minerals Ltd. is releasing the assay results from 14 drill holes received from its joint venture partner's planned drilling program at the Silver Coin project. The drilling program is composed of approximately 80% infill and close offset holes, and 20% exploration holes outside of the current resource. The primary goal of the program is to upgrade the existing inferred resource to the measured and indicated categories. Drilling began in mid-May at the south end of the resource area and has been progressing to the north. To date, 98 holes, totaling 14,892 meters have been completed, ahead of schedule and under budget. Assays have been reported on 44 of these holes. The company's joint venture partner plans to take advantage of this excellent productivity and extend the drilling program by an additional 3000 meters, or approximately 15-20 additional holes. Assay highlights from the new holes are shown in the following table: