Emergent Metals Corporation press release
Mountain Boy Minerals Ltd. / Pinnacle Mines Ltd. - Surface Sampling Extends High Grade Perseverance Gold Zone an Additional 800 Meters on Silver Coin Property, B.C.
TSXV - TSX Venture Exchange · Gold · Silver · Copper · Molybdenum · Zinc · Graphite · Canada
Trading Symbols: TSXV-MTB TSXV-PNL
STEWART, BC, Aug. 10 /CNW/ - Mountain Boy Minerals Ltd. ("Mountain Boy") and Pinnacle Mines Ltd. ("Pinnacle") report that surface sampling and trenching have extended the high grade Perseverance gold (silver-zinc) zone a further 800 meters along strike to the northwest of all previous work on the Silver Coin property in northern B.C. As a result, the Perseverance zone now has a strike length of at least 1.9 kilometers and a vertical height of 400 meters, extending from the Big Missouri ridge down to the Salmon River. The Perseverance zone consists of heavily mineralized, silicified and brecciated volcanic rocks carrying massive pyrite and sphalerite veinlets with minor amounts of galena and chalcopyrite over an exposed width of up to 15 metres. It is parallel to the main high grade Kansas gold (silver-zinc) zone presently being drilled, which also has substantial untested strike potential to the northwest. A new trench 500 meters northwest of previous work partially exposed the zone and returned the following assays from representative grab samples taken across the zone:
<<
Sample Sample Au Ag Cu Pb Zn Number type g/t g/t % % %
RSC-2005-135 grab 22.7 48.4 0.154 0.12 3.48 RSC-2005-136 grab 3.53 67.0 0.267 0.03 2.03 RSC-2005-137 grab 4.10 135.0 0.698 0.73 12.70 RSC-2005-138 grab 0.23 8.2 0.005 0.01 0.12 RSC-2005-139 grab 0.50 14.6 0.006 0.01 0.12 RSC-2005-140 grab 1.56 5.8 0.035 0.06 0.19
Recent surface sampling approximately 300 meters further northwest on strike from the new trench yielded the following assays from a random grab sample:
Sample Sample Au Ag Cu Pb Zn Number type g/t g/t % % %
RSC-2005-126 grab 1.0 133.0 0.138 0.20 4.60
Mountain Boy and Pinnacle now plan to conduct more trenching and sampling to better define this newly discovered extension to mineralization for drilling. The current drill program is on hole 2005-53, located 120 meters north of holes 2004-37 and 38, in an attempt to continue extending the main Kansas zone to the northwest. Mineralization in the Perseverance, Kansas and other mineralized structures on the Silver Coin property is similar to ore from the nearby and former Silbak-Premier mine, which produced 1.8 million ounces gold, 41 million ounces silver, 4.2 million pounds copper, 62 million pounds lead and 20 million pounds zinc. E. Kruchkowski, P. Geo, a qualified person under the National Instrument 43-101, is in charge of the exploration programs on behalf of the companies. Drill core, trench and surface samples are assayed at Assayers Canada of Vancouver B.C. He has established a sampling and assaying quality assurance and control program with blind insertion of assay standards. There is also an internal quality control and quality assurance program in place at Assayers Canada that includes blanks, duplicates and standards.
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, porphyry molybdenum in the Stewart and McKenzie areas and copper-nickel-platinum group metals in the McKenzie area.
ON BEHALF OF THE BOARD
"Ed Kruchkowski"
Ed Kruchkowski, Director
%SEDAR: 00013756E