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Mountain Boy Minerals Ltd.

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Summary

Project:

Surprise Creek

Deposit:Ataman Zone
Location:Canada
Commodities:Gold-Silver-Zinc-Lead-Copper-Barite
Date:2/2/2017
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:2-2-2017: Mountain Boy Minerals Ltd. announces an Exploration/Drilling Update report for its Ataman Zone deposit at the Surprise Creek project. JV - drilling results incl. 18.94m @ 0.12g/t Au, 28.0g/t Ag, 46.73% BaSO4 from 58.25m. Mountain Boy Minerals Lt
Resources:x
CP/QP:[Overall Report]: Ed Kruchkowski (Internal)
ABSTRACT:Mountain Boy Minerals Ltd (Mountain Boy) announces that two drill holes completed late in 2016 tested the large Ataman Zone located in Surprise Creek within the Golden Triangle district of British Columbia. The drilling was terminated due to bad weather and freezing of the water source. DDHSC-1 was drilled parallel to the zone and intersected low values. DDH-SC-2, drilled at right angles to the zone, was still in the mineralized horizon as the last assay had 73.47 % barite. The Ataman zone has been traced for over 600 m of height as well as 600 m of width within the Surprise Creek valley. Surface work in 2016 indicates that the barite horizons extend from the valley floor to the ridge tops, over 600 m in height. The indicated length of the Ataman zone is at least 1.2 km. The Surprise Creek property is underlain by an anticlinal structure that hosts the VMS horizon along both the eastern and western portions of the property. E. Kruchkowski, President of the Company states: “The preliminary results indicate a robust mineralized system that appears to present a huge exploration target. Some of the intersections graded over 90 % barite. Work in 2017 will target this extensive barite horizon. Metallurgical studies by Mountain Boy on similar material in the Stewart area has shown that flotation processes followed by gravity on the non-sulphide tailings show a greater than 92 % barite product. In addition, the nearby port of Stewart offers a costeffective method for shipping”.

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