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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 Countrygenton Sep 19, 2020 2:58pm
817 Views
Post# 31587300

Drilling should have started last week

Drilling should have started last week
From the company's last NR saying they were ready to drill:

2020 Drill Program

MB Silver target:
The first drill target will be in the vicinity of the historic mining and is designed to follow up on the 2006 drill program, which intersected multi-kilogram silver values over significant widths. The first drill target will be in the vicinity of the historic mining and is designed to follow up on the 2006 drill program, which intersected silver values in excess of 1 kg/tonne in 5 holes, including Hole 2006-10 which encountered 5.18 metres of 5258 g/t silver (MTB news release January 30, 2007). The drilling is intended to test for continuity of the high-grade zone both along strike and at depth.

Dorothy target:
The second drill target is the northern extension of the silver-bearing veins onto the recently optioned Dorothy property. On-going geological work, including mapping and structural interpretation, is enhancing the understanding of the mineralization and the orientations of these multiple silver-bearing veins.

Wolfmoon target:
The IP survey focused on the third target – the recently discovered Wolfmoon zone, where 28.5 g/t gold and 1,200 g/t silver were recently discovered in separate rock grab samples (see News Release January 14th, 2020). Surface samples with high grades of gold and silver were identified within an extensive alteration zone, which has recently emerged from ice cover. IP surveys have been useful in a similar geological setting on Ascot Resources Ltd.’s Premier Gold Mine, immediately to the west. The IP survey has helped to identify the orientation and width of the mineralized structures sampled at surface optimizing the prospects of intersecting mineralization with the drilling.

cg

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