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Mountain Boy Minerals Ltd.
Summary
| Project: | Red Cliff | |
|---|---|---|
| Deposit: | Waterpump, Montrose | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 10/11/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 11-10-2018: Mountain Boy Minerals Ltd. announces an Exploration/Drilling Update report for its Waterpump, Montrose deposit at the Red Cliff project. JV - Drilling results incl. 7.26m @ 10.60g/t Au from 161.04m. Vancouver, BC – Mountain Boy Minerals Ltd (“ | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Ed. Kruchkowski (Internal) | |
| ABSTRACT: | Vancouver, BC – Mountain Boy Minerals Ltd (“Mountain Boy” or the “Company”) (TSX.V: MTB; Frankfurt: M9U) announces it has received an update on drilling at the Red Cliff property from Decade Resources Ltd., its joint venture partner and operator on the project. Mountain Boy Minerals holds a 35-per-cent interest in the Red Cliff property, located in the Golden Triangle British Columbia, just north of Stewart. Mountain Boy and Decade are now in the process of organizing a comprehensive independent review of the Red Cliff project. That review would assess all the drilling and other results to date and would include re-logging and re-sampling of the drill core, as appropriate. That review would form the basis for planning further exploration of this extensive mineralized system, which has been identified over a 2.3 kilometre length. Drilling has tested the system in several areas where the operator was able to gain access for a drill rig, but much of the system remains untested. Lawrence Roulston, President, CEO and Director of Mountain Boy commented, “We are encouraged by these latest results, which support our belief that Red Cliff represents a large and well-mineralized gold-copper system. Located just 2.5 kilometres from a paved highway, Red Cliff is ideally situated for mine development. A comprehensive review will provide further guidance in how best to advance this project.” | |
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