Mountain Boy samples up to 17.95% copper at Telegraph, Golden Triangle, British Columbia

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Mountain Boy Minerals Ltd. [MTB-TSXV; MBYMF-OTC] reported encouraging results from its 2021 field program on the Telegraph project located in northwestern British Columbia’s Golden Triangle region. These results, integrated with historic results, continue to enhance the porphyry copper-gold potential of this extensive property.

The following grab sample assays highlights some of the results from the 141 surface rock samples collected during the 2021 field program.  These included 17.95% copper and 0.249 g/t gold, 10.95% copper and 0.115 g/t gold 10.85% copper and 0.078 g/t gold, 6.08% copper and 0.138 g/t gold; and 5.58% copper and 2.375 g/t gold – all from the Dok zone. A float sample returned 4.51% copper and 0.136 g/t gold. Other grab, talus and float samples from the Dok and Yeti zones ranged up to 6.57% copper.

Lawrence Roulston, CEO, stated, “These outstanding results confirm the historic data, but more importantly expand the footprint of the previously identified porphyry copper-gold system. Integrating these results with the wealth of earlier information will enhance our geological understanding of this system. We now have further evidence that the property has the potential to host a porphyry deposit with favourable grades similar in scale to the other deposits in this prolific district.”

The 244 Km2 Telegraph Project is located in the vicinity of several large porphyry deposits including Galore Creek (Teck – Newmont), Schaft Creek (Teck – Copper Fox), Big Red (Libero Copper and Gold), Saddle and Saddle North (Newmont) and the operating Red Chris copper-gold mine (Newcrest – Imperial Metals). Access to the property is via helicopter or fixed wing plane to an airstrip on the eastern part of the claim block.Lawrence Roulston, CEO, stated, “These outstanding results confirm the historic data, but more importantly expand the footprint of the previously identified porphyry copper-gold system. Integrating these results with the wealth of earlier information will enhance our geological understanding of this system. We now have further evidence that the property has the potential to host a porphyry deposit with favourable grades similar in scale to the other deposits in this prolific district.”

The property was consolidated by Mountain Boy earlier this year leading to the first comprehensive exploration of this well mineralized area.

The objective of the 2021 field program was to ground truth and re-visit a number of historic showings, evaluate the 2014 drill core from the DOK Main zone and explore new parts of the property that had either promising historic stream sediment geochemistry or were on strike and trend with known areas of mineralization.

A significant new discovery, approximately 3 km southeast of the DOK Main Zone, produced 19 surface samples that assayed 0.5% copper and greater. This new zone is traceable over 400 metres and assayed up to 17.9% copper (sample E075465). A second new zone was discovered a further 1 km from the abovementioned zone, along the same south-easterly trend. This zone also yielded several samples over 1% copper.

On the eastern portion of the property, a third new zone of elevated copper values was discovered. This zone, called Yeti West, also produced a number of samples that assayed greater than 1% copper, with the highest assaying 3.6% copper (sample C0034000). This zone trends over 700 metres.

Several samples also produced elevated values of molybdenum (up to 980 ppm), lead and zinc (sample C0033532 assayed 24.6% lead and 25.7% zinc).

The findings from field work further confirm the potential for large copper-gold porphyry systems on the property and outlined new prospective areas for future exploration.

Mountain Boy has six active projects spanning 604 km2 (60,398 hectares) in the prolific Golden Triangle of northern British Columbia.

 


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