news outMountain Boy drills 15.8 m of 12.04 g/t Au at Red Cliff
Ticker Symbol: C:MTB
Mountain Boy drills 15.8 m of 12.04 g/t Au at Red Cliff
Mountain Boy Minerals Ltd (C:MTB)
Shares Issued 89,685,116
Last Close 11/1/2011
.09
Wednesday November 02 2011 - News Release
Mr. Ed Kruchkowski reports
12.04 G/T GOLD OVER 15.85 METRES INTERSECTED ON DOWN DIP EXTENSION OF THE
UPPER MONTROSE ZONE
Mountain Boy Minerals Ltd. has received assay results from it's joint venture
partner for a further 4 and part of a fifth drill hole completed on the Upper
Montrose zone at the Red Cliff project in Northwestern British Columbia. The
Red Cliff is a gold/copper property consisting of 8 Crown granted mineral
claims located approximately 25 miles north of the town of Stewart, British
Columbia. The goal for the 2011 field season is to extend the zone up to 500
metres of strike and 250 metres of depth.
To date, a total of 41 drill holes have been completed to intersect below and
southwest of DDH-MON-2009-1-6 and below the furthest southwest holes
completed in the 2010 drilling. The assays for DDH- MON-11- 1 to 11 have been
announced in previous releases. DDH-MON-11-12 to 14 were completed at the
southwest end while DDH-MON-11- 15 to 17 were drilled west of DDH-MON 2009-1
to 6. Results of the latest holes shows a continuation of high gold values to
the west in a down dip direction as follows:
From To Width Au
DDH No. (m) (m) (m) (g/t)
DDH-MON-11-12 86.89 87.70 0.81 1.35
And 152.8 153.48 0.68 5.36
DDH-MON-11-13 79.65 80.03 0.38 2.11
DDH-MON-11-14 125.91 127.44 1.53 6.9
DDH-MON-11-15 18.90 34.76 15.85 12.04
And 48.48 51.52 3.05 1.99
DDH-MON-11-16 17.99 20.58 2.59 2.06
And 24.09 27.59 3.54 3.10
And 29.88 36.28 6.4 3.26
And 46.95 54.57 7.62 2.1
And 62.20 62.80 0.6 2.74
DDH-MON-11-17 27.13 49.85 22.71 5.22
And 60.37 63.72 6.1 2.1
Note: DDH-11-MON-17 is awaiting further assays
from other mineralized sections.
Drilling is continuing with the expectation of running the program until
freeze up. At present, drill pads and access roads are being completed in an
attempt to test further to the southwest.
All samples are assayed by AGAT Laboratories of Mississauga, Ontario and
Loring laboratories of Calgary, Alberta.
Ed. Kruchkowski, P. Geo., a qualified person under National Instrument
43-101, is in charge of the exploration program on behalf of the Company and
has reviewed and approved of the contents of this rele