- Mountain Boy Minerals (MTB) has announced further high-grade silver results on its Theia Project in B.C.
- The 2021 program produced a grab sample yielding 9,676 g/t silver, 1.59 g/t gold, 13.4 per cent lead, 0.64 per cent copper and 2.75 per cent zinc
- The company mapped and sampled a separate gold-bearing structure yielding three samples of 0.58, 0.33 and 0.14 g/t gold
- A new discovery on a nunatak also yielded up to 3.24 per cent lead, 3.03 per cent zinc and 52.72 g/t silver
- The company is preparing to evaluate a potential gold-bearing system on the eastern portion of the property
- Mountain Boy is a mineral exploration company focused on six active projects in B.C.’s Golden Triangle
- Mountain Boy Minerals (MTB) is up by 3.13 per cent and is currently trading at $0.165 per share
Mountain Boy Minerals (MTB) has announced further high-grade silver results on its Theia Project in B.C.
The 9,028-hectare property is located in B.C.’s Golden Triangle, 15 km north of the historic Dolly Varden silver mine.
Fieldwork in 2021 on the western part of the project followed up on high-grade silver occurrences identified in the 1990s. The program produced a grab sample yielding 9,676 g/t silver, 1.59 g/t gold, 13.4 per cent lead, 0.64 per cent copper and 2.75 per cent zinc.
The company mapped and sampled a separate gold-bearing structure yielding three samples of 0.58, 0.33 and 0.14 g/t gold, outlining the potential for a sizeable gold-bearing system.
A new discovery was also made on a nunatak (a rock exposure surrounded by glacier), also on the western part of the property, where several samples yielded multiple-per-cent zinc values and anomalous silver. Grab samples include:
- 3.24 per cent lead and 27.47 g/t silver
- 3.03 per cent zinc, 52.72 g/t silver and 0.1 per cent lead
- 1.63 per cent zinc, 12.51 g/t silver and 0.21 per cent lead
On the eastern portion of the claims, the field crew investigated the molybdenum-copper porphyry showing that first attracted explorers to the area. Standout samples assayed 0.24, 0.20 and 0.14 per cent molybdenum. These and other samples demonstrate molybdenum mineralization over a 400 m trend that suggests the potential for a sizeable porphyry system.
Also in this area, the geological team confirmed gold values first identified in 1991. Float sample C0034101 yielded 2.59 g/t gold and grab sample C0034102 yielded 0.83 g/t gold, both taken this year. The company is preparing to evaluate the extent of this gold-bearing system.
Lawrence Roulston, Mountain Boy’s President and CEO, stated,
“The geological team is doing an outstanding job, building on historic results and making new discoveries. In a region as fertile as the Golden Triangle, these results point to the potential for sizable mineral occurrences. While we remain focused on our more advanced projects, Theia is emerging as another important project for Mountain Boy.”
Mountain Boy is a mineral exploration company focused on six active projects in B.C.’s Golden Triangle.
Mountain Boy Minerals (MTB) is up by 3.13 per cent and is currently trading at $0.165 per share as of 9:31 am ET.
