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Mineral Mountain Resources Ltd.

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Summary

Project:

Standby

Deposit:Standby
Location:United States
Commodities:Gold
Date:8/9/2018
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:9-8-2018: Mineral Mountain Resources Ltd. announces an Exploration/Drilling Update report for its Standby deposit at the Standby project. Drilling results incl. 20.0m @ 2.12g/t Au from 230m. (Vancouver, August 8, 2018): Mineral Mountain Resources Ltd. and
Resources:x
CP/QP:[Overall Report]: Nelson W. Baker (Internal)
ABSTRACT:(Vancouver, August 8, 2018): Mineral Mountain Resources Ltd. and its subsidiary Mineral Mountain Resources (SD) Inc. (“Mineral Mountain” or the “Companies”) (TSX.V: “MMV”) (“OTCQX: MNRLF”) are pleased to report that a total of six (6) of the planned twelve (12) NQ diamond drill holes have now been completed totaling 2,155m on the Companies Standby Mine Target in the Rochford District in the Black Hills of South Dakota. The analytical results for the first three holes, ST18-001, ST18-002 and ST18-003, were released on May 03, 2018. Drill hole ST18-006 was successful in intersecting the steeply plunging high grade shoot that hosts the Standby Mine deposit 230m below surface and 50m down plunge of historical drill hole BLGUG3 which graded 3.36 g/t Au over 24 meters. This high grade shoot occurs within a 34m wide classic Homestake-style quartz-chlorite breccia with silica flooding, 3-15% coarse-grained arsenopyrite and 3-7% pyrrhotite. Hole ST18-006 grades 2.12 g/t Au over 20 meters including 4.39 g/t Au over 2.5 m and 5.24 g/t Au over 1.5 m. (see 3D Isometric View and Drill Hole Locations posted on the Company’s website www.mineralmtn.com ). (Note: Pictures of arsenopyrite-bearing core from ST18-006 have been posted on the Company’s website www.mineralmtn.com) Drill hole ST18-004, which recorded low gold values wandered off its planned course and did not intersect major intervals of the Rochford iron formation. Hole ST18-005, the deepest drill hole in this campaign to date at 352.3 m, intersected 1.50 g/t Au over 5.7 meters. This hole did not target the Standby Mine high grade shoot. Upon completion of ST18-005, this hole was geophysically probed thus providing a strong vector toward the 34 m wide Standby Mine shoot.

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