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Mountain Boy Minerals: Update on Company Drill Programs – New High-Grade Sub-Surface Zone Identified at Silver Coin Gold Project, NW, BC
Oct. 12, 2017 09:01AM PST
Silver Investing
Mountain Boy Minerals (TSX-V:MTB) (Frankfurt:M9U) (“Mountain Boy”) reports that 3 different drill programs are ongoing on its properties located in the “Golden Triangle” area of British Columbia. Drill programs are underway on three properties which Mountain Boy Minerals has an interest, including a 20% carried interest in the Silver Coin, a 35% interest in the Red …
Mountain Boy Minerals (TSX-V:MTB) (Frankfurt:M9U) (“Mountain Boy”) reports that 3 different drill programs are ongoing on its properties located in the “Golden Triangle” area of British Columbia. Drill programs are underway on three properties which Mountain Boy Minerals has an interest, including a 20% carried interest in the Silver Coin, a 35% interest in the Red Cliff and a 100% of the BA/Surprise Creek property.
Silver Coin
The Company has completed, logged and sampled 10 diamond drill holes to date on the 2017 program. Focus is on extending and upgrading lenses of known high-grade gold mineralization within the Main Breccia Zone to the northwest as well as testing additional targets along strike to the south and potential sub-parallel zones to the east.
Historical total inferred mineral resource estimate for the high-grade core at Silver Coin consists of 967,000 tonnes grading 4.39 g/t Au, 18.98 g/t Ag (Au equivalent of Ag – 4.64 g/t), 0.64% Zn, 0.25% Pb, and 0.04%.