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Mountain Boy Minerals Ltd.
Summary
| Project: | Red Cliff | |
|---|---|---|
| Deposit: | Montrose | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 10/26/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 26-10-2017: Mountain Boy Minerals Ltd. announces an Exploration/Drilling Update report for its Montrose deposit at the Red Cliff project. JV - Drilling results incl. 8.38m @ 14.93g/t Au from 49.7m. Stewart, BC – Mountain Boy Minerals Ltd (“Mountain Boy”) | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Ed. Kruchkowski (Internal) | |
| ABSTRACT: | Stewart, BC – Mountain Boy Minerals Ltd (“Mountain Boy”) reports that the 2017 drill program is ongoing on the Red Cliff property located in the “Golden Triangle” area of British Columbia. Exploration during the 2017 field season indicates that the Red Cliff property hosts a large mineralized system that has been traced for several kilometres. Exploration to date has consisted of drilling, mapping, sampling and assaying additional core from the 2007-2012 programs. To date 5 holes were completed on the Red Cliff zone and 35 on the Montrose zone, approximately 1.2 km north from the first 5 holes. Results for the Red Cliff drilling and first 5 holes on the Montrose zone were released on September 27, 2017 (see SEDAR for details). Three holes out of the 35 on the Montrose zone were terminated after rod and bit loss in the holes due to faulting. The drill has been moved from the north side of Lydden Creek and drilling of 8 to 10 holes will be completed on the Waterpump zone. In addition, a surveyor is creating a data base with GPS locations for all holes as well as the elevations. This data in conjunction with all the drill hole assays will be used to create a new model that shows gold grade shells. The Company will also use the existing 2007-2012 and 2017 data to prepare a preliminary resource calculation that has never been done for the Montrose zone. | |
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