- Mountain Boy Minerals (MTB) has completed geophysical survey work at its Southmore Copper-Gold Project
- Survey results point to the project emerging as a second large-scale porphyry target and on-going analysis supports that potential
- The project is located in British Columbia’s Golden Triangle
- Information from the survey has been interpreted together with results from work in the early 1990s and from two field seasons by the company’s geologists
- Mountain Boy Minerals is down 4.17 percent, trading at $0.12 at 9:34 am ET
Mountain Boy Minerals (MTB) has completed geophysical survey work at its Southmore Copper-Gold Project.
The project is located in British Columbia’s Golden Triangle.
Survey results point to the project emerging as a second large-scale porphyry target and on-going analysis supports that potential.
Information from the survey has been interpreted together with results from work in the early 1990s and from two field seasons by the company’s geologists.
“The SkyTem results supplement the information from the field work, supporting the premise that the widespread copper and gold values at Southmore could be related to a porphyry system,” said vice president Lucia Theny.
The 50 square kilometre project is located is located in the vicinity of several large porphyry deposits.
Assays of up to 3.6 grams per tonne gold, 111 grams per tonne silver, 20.2 percent copper, 2.85 percent lead and 12.4 percent zinc have been returned from the property.
Three styles of mineralization have been recognized.
The company currently has six active projects spanning 624 square kilometres in northern British Columbia.
Mountain Boy Minerals is down 4.17 percent, trading at $0.12 at 9:34 am ET.
