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  • Mountain Boy (MTB) extends Barbara Ag-Pb-Zn mineralization on the BA property with channel sampling
  • The mineralized zone is located 4 kilometres (km) south of the Stewart highway
  • Receding glaciers at the northern end of the zone have exposed continued mineralization at surface
  • Mountain Boy has five active projects spanning 405 km²
  • Mountain Boy Minerals Ltd (MTB) is down 2.56 per cent and is trading at C$0.19 at 12:34 pm ET

Mountain Boy Minerals Ltd (MTB) has extended the silver-lead-zinc volcanogenic massive sulphide mineralization beyond the zone previously drilled.

The mineralized zone is located 4 kilometres (km) south of the Stewart highway.

Drilling of the Barbara zone between 2007 and 2010 delineated substantial silver -lead-zinc mineralization extending over a NNE strike length of 610 metres.

Receding glaciers at the northern end of the zone has exposed continued mineralization at surface.

This mineralization has now been sampled in three channeling programs, including in 2020, since the last diamond drilling campaign was conducted.

The 2020 channel sampling program has demonstrated that the zone of mineralization extends over at least 700 metres.

The deposit has not been closed off by drilling in any direction.

At the end of the 2010 drill program, mineralization was discovered at surface at the northern end of the Barbara zone where the receding glacier had exposed polished outcrop.

Using a diamond bladed saw, 65.7 metres of channel samples were collected from this area. In 2016, further channel sampling was conducted on newly uncovered rock. By 2020, 66 metres of the zone was uncovered since 2010 and a further 25.7 metres of channel sampling was conducted in 5 trenches.

This newly uncovered area occurs at the northern end of the main Barbara zone and has never been drill tested.

Full results from the three channel sample programs are presented in the table below.

Assays of up to 601 grams per tonne silver, 1.98 grams per tonne gold, 3.31 per cent lead and 9.96 per cent zinc have been returned from the channel sampling in the 2010, 2016, 2020 programs.

To date, drilling and channel sampling has confirmed 700 metres of strike length to the Barbara Zone and it remains open.

Lawrence Roulston President and CEO, commented: "The Barbara Zone is part of a 20-kilometre trend of VMS mineralization on the Company's properties."

"There are many untested VMS occurrences along the trend. Work during the 2021 season will examine the potential to expand the Barbara zone as well as evaluating other VMS targets," added Roulston.

Mountain Boy has five active projects spanning 405 km² (40,500 hectares) in the prolific Golden Triangle of northern British Columbia.

Mountain Boy Minerals Ltd (MTB) is down 2.56 per cent and is trading at C$0.19 at 12:34 pm ET.

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