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Mountain Boy Minerals Ltd.
Summary
| Project: | Surprise Creek | |
|---|---|---|
| Deposit: | Ataman Zone | |
| Location: | Canada | |
| Commodities: | Gold-Silver-Zinc-Lead-Copper-Barite | |
| Date: | 2/5/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 5-2-2018: Mountain Boy Minerals Ltd. announces an Exploration/Drilling Update report for its Ataman Zone deposit at the Surprise Creek project. JV - results incl. 26.05m @ 22.34g/t Ag, 0.36% Cu, 0.03% Pb, 1.03% Zn, 41% BaSO4 from 48.95m. Vancouver, B.C. – | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Ed Kruchkowski (Internal) | |
| ABSTRACT: | Vancouver, B.C. – Mountain Boy Minerals Ltd (“Mountain Boy”) is pleased to report on two shallow drill holes completed on the Ataman zone within the 100% owned Surprise Creek VMS/barite claim block in the Golden Triangle area of British Columbia. The Surprise Creek property covers an area of approximately 12 km of known VMS (“Volcanogenic Massive Sulphide”) style mineralization generally hosting copper, zinc and lead, with some gold and silver. Folding within the Surprise Creek claims has resulted in repeated sections of prospective VMS horizons. Anticlinal structures have resulted in the prospective VMS horizon being present along both the west and the east sides of the Surprise Creek claims. There are at least six separate VMS boulder trains or showings on the Surprise Creek property. The Company website at www.mountainboyminerals.ca shows the location of the VMS style of mineralization. Abundant barite is common on the Surprise Creek property. It is a common constituent of Kuroko style VMS systems forming layers above the base metal-silver mineralization. To date only 4 short drill holes have tested the barite rich portion of the Ataman zone at the headwaters of Surprise Creek. The objective of the 2017 drill program at the Ataman zone - Surprise Creek VMS target was to define the location and direction of the stratiform barite cap within the system. This will help the Company in conjunction with the interpretation of the VTEM survey to define drill targets for the 2018 program. The key targets are high grade mineralized sulfide lenses or zones within the system which are mostly distal but directly related to the barite occurrence. In the accepted model for sedex hosted deposits, the barite would be the first mineral to come out of the vents followed by a sphalerite rich zinc and silver zone. Hematite, calcite, bornite and chalcopyrite mineralization are precipitated last. | |
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