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Mountain Boy Minerals Ltd.
Summary
| Project: | Red Cliff | |
|---|---|---|
| Deposit: | Red Cliff | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 7/31/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 31-7-2017: Mountain Boy Minerals Ltd. announces an Exploration/Drilling Update report for its Red Cliff deposit at the Red Cliff project. Update on drilling - visible gold in 5th hole within a wide mineralised section. Stewart, BC – Mountain Boy Minerals | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Ed. Kruchkowski (Internal) | |
| ABSTRACT: | Stewart, BC – Mountain Boy Minerals Ltd (“Mountain Boy”) reports that Phase I drilling is continuing on the Red Cliff property. On the Red Cliff project, the Company and Decade Resources are in joint venture on the Crown Granted portion of the property which is owned 65% by Decade and 35% by Mountain Boy. The Silver Crown 6 claim, in which Decade is earning a 100 % interest, is adjacent to the north portion of the crown grants. To the north of the Silver Crown 6 claim, Mountain Boy owns a 100 % interest in the MB property. The Red Cliff Extension claim owned 100 % by Decade is along the east side of the Silver Crown 6 claim. Drilling on the 5th hole on the Montrose zone has intersected a wide mineralized intrusive within red tuffs forming the Betty Creek formation. The drill hole is located 30 m north and 25 m higher in elevation relative to 2017 drill holes 1-3. Logging the core has indicated 3 main mineralized sections within the intrusive. Along the east edge, a zone of galena-sphalerite-chalcopyrite stringers occur in zones up to 5 m wide. Near the west edge of the intrusive, another galena-sphalerite-chalcopyrite stringer zone is present. This grades into a chalcopyrite-pyrite zone along the west contact. Between the above zones, weakly pyritic intrusive is present. The fifth hole was drilled to test beneath some of the gold bearing intersections in the following holes: | |
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