Silberexplorer mit 15 000 Gramm Silber je Tonne

Due to the steep nature of the terrain, a drill station was blasted out below the High Grade vein and 14 holes drilled from this station using an underground drill to fan a series of holes from this location. In the course of stripping of the High Grade vein using a small excavator in order to build the drill station, massive acanthite (argentite) stringers up to 15 cm wide were exposed along several meters of length in a fault zone that intersects the vein. The full length of the mineralization was not exposed due to the deep overburden on either end of the exposure. This orientation of veining has never been seen in the past and may represent feeders to high grade mineralization found in the High Grade and No 3 veins. Grab sampling of these stringers has yielded over 15,000 g/t silver.

It should be noted that the High Grade vein has only been tested along a 100 meter section in the southern portion of the Mountain Boy claim. Based on newspaper accounts, bonanza style silver mineralization apparently occurs several hundred feet (60 meters) south of the area of drilling.

In addition the No 3 vein located 100 meters topographically above the High Grade vein has reported grades that contain 0.91 meters of 12,917 g/T, 0.46 meters of 18,361 g/T, 0.91 meters of 13,569 g/t and 1.22 of 6,361 g/T silver over a strike length of 100 meters along this vein.. The High Grade vein has been traced over a length of 457 meters and the No 3 vein has been traced over a strike length of 550 meters.

The No 3 vein appears to strike into the former Silver Mask claim (present Stromeyerite claim owned by Mountain Boy) which appears to have similar high grade mineralization. On the Silver Mask claim, an article in the June 28, 1929 edition of the Stewart News indicates that a vein 1.83 meters (6 feet) wide was located on this claim. The article describes the vein as similar to the High Grade vein on the Mountain Boy property approximately 500 meters away with "copper sulphides mixed with bunches and stringers of native silver. Four additional veins have been located, some of them with similar high grade ore and some carrying galena in massive form".

Mountain Boy Minerals Ltd is a Canadian based mineral exploration company whose activities are in the Stewart and McKenzie area of BC. It is actively exploring for gold-silver-base metals on the Silver Coin project, silver-base metals on their American Creek properties, copper-gold in the Stewart area, porphyry molybdenum in the Stewart and McKenzie areas and copper-nickel-platinum group metals in the McKenzie area.


http://www.mountainboyminerals.ca/




While the mining sector slept during its downturn years, Mountain Boy Minerals Ltd. (TSX.V: MTB) -- www.mountainboyminerals.ca -- took a different path to accumulate ten different mineral properties, many with proven resources. The company is now the second largest land holder in northwestern British Columbia’s Stewart Mining Camp.
Mountain Boy’s most active property, the Silver Coin Project, lies within a mineral-rich belt of volcanic rocks that host both former and presently producing mines. In fact, the region has either produced or still has in reserve some 15 million ounces of gold and 270 million ounces of silver.
Mountain Boy’s Silver Coin property lies within 5 km of the Silbak Premier Mine which produced over 2 million ounces of gold, 41 million ounces of silver, 4.2 million pounds of copper, 62 million pounds of lead and 20 million pounds of zinc – and within some 25 miles of Barrick Gold’s Eskay Creek Mine. Eskay Creek, which opened in 1995, is currently the fifth largest silver producer in the world. The mine operates year-round and processes 116,000 tonnes of ore annually. Currently, Eskay Creek produces 320,784 ounces of gold and 15.5 million ounces of silver each year.
Three of Mountain Boy’s properties have significant resources:

• Silver Coin Project – Inferred resource estimated at 500,000 ounces of gold and 2.11 million ounces of silver, with an “excellent” potential to triple its resource. Drilling has commenced.
• MB Silver Project – Indicated resource on only a small portion of the project total 105,000 tonnes grading 0.064% copper, 0.68% lead, 2.01% zinc, 208.9 g/t silver and 13.59% barium sulfate.
• George Copper Project – historical resources reported to total (indicated and inferred) 180,000 tonnes grading 2.0% copper, 17.1 g/t silver and 2.1 g/t gold.

Silver Coin Project Exploration Projected to Triple Known Resource

The 1,500 hectare Silver Coin gold-silver-base metals property, located 24 kilometers north of Stewart, British Columbia, is Mountain Boy’s most active project. The company, along with its joint venture partner, Pinnacle Mines Ltd., has planned an aggressive exploration program this year. Pinnacle has earned a 51% interest by spending $1.75 million on exploration within a two year period. Mountain Boy is the project operator with the 2006 budget set at $3.8 million.
The Silver Coin property has nine different types of potentially economic mineral associations within 13 main project zones. The property’s geology shares many characteristics with the past-producing Silbak Premier Mine. The Main Breccia is the most significant zone where mineralization has been traced over a potential strike length of 1.5 km, with a vertical height of 700 meters and widths between 20 and 100 meters. Mineralization remains open along strike and down dip. The Perserverance zone lies parallel to the Main Breccia and is virtually unexplored. The zone lies in the same fault block as the Main Breccia and could have similar mineralization.
The two companies have drilled some 12,000 meters to date with 104 drill holes, as well as conducting extensive trenching.
In January, Mountain Boy hired Minefill Services of Seattle to prepare an initial NI 43-101-compliant resource estimate for the Silver Coin property. That estimate (see above) was based solely on drilling over a 2500 meter strike length on the Main Breccia zone – less than 5% of the entire Silver Coin property. If bulk sampling performed in 1993 is anywhere near accurate, the ore grade could jump by some 12% following mill processing.
Exploration this year on the Silver Coin Project will focus on adding further resources through geological mapping, trenching, geochemical surveys and drilling. The 15,000 meter program will expand the known surface limits of the Main Breccia and Perserverance mineralization to the north and south along strike, as well as test drill the Perserverance zone. The program will also focus on the Dan zone in the southwest portion of the Kansas claim where drilling last year indicated a 45-50 meter wide mineralized structure assaying at 3 g/t gold.
“We intend to triple the known resource at Silver Coin,” says Director Edward Kruchkowski.
Future exploitation of the project would include both underground and open pit mining. The property is crossed by several roads, and has access to a nearby mill and the year-round seaport of Stewart, BC.

MB Silver A Possible Bonanza-Style Project

The MB Silver Project lies some 15 km west of the Silver Coin and has at least seven major and four minor mineralization zones that have been tested with trenches, previously open cuts and/or adits. Historical data suggests there is a significant potential for high-grade, bonanza-style minable silver ore.
In the 1930s, the property produced 60 tons of hand-mined material that averaged 546.8 oz/t silver, 3.2% copper and 3.15% lead per ton of ore. In 1940 another 3 tons graded at an average of 0.09 oz/t gold, 248 oz/t silver, 2.2% copper, 4.9% lead and 5.8% zinc.
Geological mapping, trenching, geochemical surveys and a minimum of 700 meters of drilling is planned at the MB Silver Property. The goal of the exploration program is to locate historically referenced Silver Mask claim showings, the No. 3 vein and test the north extension of the High Grade vein. Surface exploration on that vein in 2003 returned up to 8,892 g/t silver over widths of nearly 5 meters.

Exploration Planned At Other High-Grade Polymetallic Properties

Exploration at Mountain Boy’s gold-silver-copper George Copper Project, located about 20 km east of Stewart, is focused on proving up high grade historical resources (indicated and inferred) reported in the British Columbia Minfile: 180,000 tonnes grading 2.0% copper, 17.1 g/t silver and 2.1 g/t gold, and another 435,000 of unclassified resources graded 17.1 g/t silver, 2.0 g/t gold and 2% copper.
The 2006 program will explore along those portions of an 8 km-long mineralized strike zone where ice has retreated, as well as locate new zones of mineralization. The program includes geological mapping, trenching, geochemical surveys and up to 700 meters of drilling.
Mountain Boy is also actively exploring its 7,175 hectare FR Silver and McKenzie Properties. The FR Silver program is focused on testing the replacement zone that yielded 264.65 g/t over 18.3 meters during a previous exploration program. The McKenzie program, funded by ATW Resources, will include drilling of a nickel showing. ATW has an option to earn 80% of the McKenzie Project by spending $800,000 in exploration.
Kruchkowski is confident the program will yield positive results: “We have already made a significant silver-zinc-lead discovery on the FR property, which is an excellent exploration target.”

Investment Considerations

Mountain Boy’s management team not only has an extensive background in mining but has an intimate knowledge of the Stewart Mining District. With that knowledge they moved quickly to pick up by auction, purchase or staking some of the best prospective property at a time most other junior mining company’s were struggling to stay alive.
Now with the mining sector moving at full throttle, that team’s decisions appear prescient. This is not surprising when you consider that Mountain Boy President and CEO Frank Kamermans has over 20 years experience as owner and manager of a mining exploration and industrial supply business, giving him an inside look at some of the regions best properties before they were snapped up by others. The company’s directors have a similar insiders’ advantage:

* Edward Kruchkowski is a professional geologist with over 35 years of experience in the Stewart area.
* Randy and Martin Kasum manage a heavy equipment company specializing in road construction and mineral exploration in the Stewart area and have over 20 years experience in the Stewart area resource sector.
* Lance Robinson, a businessman and owner of heavy equipment, has over 20 years resource sector experience.

Mountain Boy Resources is a low-cost, hands-on company based in Stewart, BC where its management keeps a close eye on activities at its properties. The company is well-financed, raising more than C$3.4 million this year – more than enough to cover planned exploration programs.
“When prices were low, we picked up a lot of really good property. Our drilling programs in the past two years have produced fabulous results,” says Mountain Boy Director Edward Kruchkowski. “This year we have the great potential to expand the known resources on all of our projects

Hier ein Bild:
http://www.travelpod.com/cgi-bin/...bo&tweb_img_filename=imgp0279.jpg



Mountain Boy Minerals announces a significant increase in gold resources to 947,988 ounces inferred and 423,002 ounces measured

Trading Symbol: (TSX -MTB) (OTC Other MBYMF) (Frankfurt: M9U.F)

VANCOUVER, March 14 /PRNewswire-FirstCall/ -- Mountain Boy Minerals Ltd. Pinnacle Mines Ltd. and Tenajon Resources Corp. are pleased to announce the results of a recent update to the resource estimate on the Silver Coin Project, adjoining the former gold producer Premier Silbak, near Stewart, BC. The new mineral resource has been significantly increased and improved since the last resource estimate published in March 2006, which only referred to inferred resources. MineFill was able to upgrade roughly 40 percent of the resources from Inferred to Measured and Indicated. The new resource estimate includes 947,988 ounces of gold in the inferred category and 423,002 ounces of gold in the measured and indicated category.

Andrew Bowering, a director of Mountain Boy and President of Pinnacle, stated that "We are pleased with the work that was completed in 2006 which improved and increased the resources and we believe that there is potential to increase the resources even more with additional drilling to the north and east in the next exploration programs. The 2007 exploration program will be established upon receipt of the 2006 drill report and Minefill 43-101 report."

This updated resource includes an additional 182 surface diamond drill holes completed in 2005 and 2006 under the supervision of Pinnacle geologists and 417 historical drill holes of which 288 were drilled from underground. The resource is based on drilling along 700 meters of strike length within a mineralized zone that has been identified over a distance of at least 2,500 meters that remains open to the south, east and north. Trenching to the north along the mineralized structure has returned values up to 22 g/t gold.

The current resource estimate is located primarily within the Kansas claim and the immediate surrounding area including the Big Missouri claim (51% Pinnacle - 49% Mountain Boy), as drilling was concentrated in these areas. In 1991 the Facecut zone, located on the Big Missouri, produced 102,539 tonnes at an average grade of 8.9 g/t Au and 55.50 g/t Ag. Work during 2005 and 2006 has extended this high grade mineralization (Facecut Zone) at least 200 meters north of the stoped area. DDH-2005-89 intersected 11.59 meters of 9.89 g/t gold approximately 100 meters north of the mined area. Future drilling will concentrate on this area to the north.

The new mineral resource estimate is presented in Table 1 below.

Table 1 Updated Mineral Resource Estimate for Silver Coin (Above a Cutoff Grade of 0.75 g/t Au-eq.) -------------------------------------------------- Au Ag Zn Au Au-Eq (oz) Class Tonnes g/t g/t % (oz) (Au, Ag only) -------------------------------------------------- Measured 1,073,891 3.481 14.191 0.432 120,181 129,513 -------------------------------------------------- Indicated 8,633,606 1.091 10.567 0.288 302,822 358,689 -------------------------------------------------- M+I 9,707,497 1.355 10.968 0.304 423,002 488,202 -------------------------------------------------- Inferred 15,947,629 1.849 5.377 0.273 947,988 1,000,499 -------------------------------------------------- (x) Au-eq values calculated from $525/oz for Au, $10/oz for Ag.

(x) Metallurgical recoveries and net smelter returns are assumed to be 100%.

The inferred total has been almost doubled plus we have added an additional 423,002 to the measured and indicated categories.

In addition to the above results, MineFill report the following resources at a range of cutoff values (Table 2).

Table 2 Updated Mineral Resource Estimate for Silver Coin -------------------------------------------------- Cutoff Grade Au Ag Zn Au Au-Eq (oz) Au-Eq Tonnes g/t g/t % (oz) (Au, Ag only) -------------------------------------------------- 0.25 76,599,380 0.717 3.781 0.155 1,765,689 1,943,044 -------------------------------------------------- 0.5 41,636,771 1.161 5.54 0.217 1,554,100 1,695,353 -------------------------------------------------- 0.75 25,655,126 1.662 7.492 0.285 1,370,803 1,488,505 -------------------------------------------------- 1 16,760,494 2.259 9.629 0.363 1,217,231 1,316,059 -------------------------------------------------- 1.25 11,426,111 2.982 12.059 0.451 1,095,408 1,179,784 -------------------------------------------------- 1.5 8,245,680 3.809 14.919 0.535 1,009,735 1,085,067 --------------------------------------------------

The new resource was classified in accordance with CIMM (2000) standards.

The updated resource includes a high grade core of 8.25 million tonnes grading over 5.0 g/t Au-equivalent (3.8 g/t Au, 14.9 g/t Ag, 0.04% Cu and 0.54% Zn) containing just over 1 million ounces of gold.

Resources on the Kansas claim, at a 0.75 g/t Au-equivalent cutoff include 7.225 million tonnes measured and indicated grading 1.532 g/t Au, 9.998 g/t Ag, 0.013% Cu and 0.329% Zn, and 10.256 million tones inferred grading 2.146 g/t Au, 5.572 g/t Ag, 0.009% Cu and 0.26% Zn. Contained metal on the Kansas claims include 355,924 ounces of measured and indicated gold and 2.322 million ounces of silver, and 707,605 ounces of inferred gold and 1.837 million ounces of silver.

A comprehensive program of data verification was undertaken by MineFill Services prior to the building of a block model in SURPAC. The mineral resource estimate was then generated by ordinary kriging using uncapped gold, silver and zinc values.

MineFill Services is currently preparing a 43-101 compliant Technical Report for filing on SEDAR. MineFill has also been engaged to prepare a Preliminary Economic Assessment to evaluate the economics of an open pit at Silver Coin. The results of this study will be released as soon as they are available, and a report will be filed on SEDAR.

The Qualified Person for this release is Dr David Stone, P.Eng., P.E. of MineFill Services, Inc., Vancouver, B.C.

ON BEHALF OF THE BOARD

"Ed Kruchkowski"

Ed Kruchkowski, Director

Alle angaben ohne Geähr, keine Kaufempfehlung....

ElHardy