Blue Jay Gold Corp. press release
Mountain Boy Minerals Ltd. - Drilling Continues To Extend Main Zones
TSXV - TSX Venture Exchange · Canada
Trading Symbol: TSX-MTB
VANCOUVER, Dec. 14 /CNW/ - Pinnacle Mines Ltd., Mountain Boy Minerals Ltd. and Tenajon Resources Ltd. announce assay results from the final drill holes that tested the south and north extension of the Main Breccia Zone on the Silver Coin property near Stewart, BC. The Silver Coin property is strategically situated 24 kilometers north of Stewart on the Granduc road. The infrastructure in the area is excellent with good roads, power and water. The results from drill holes DDH-2005-67 and DDH-2005-80 through DDH-2005-89 continue to extend the mineralization of the Main Breccia and Dan Zones. Holes DDH-2005-67, DDH-2005-80 through DDH-2005-83, DDH-2005-87 and DDH-2005-88 are on the Kansas Clain, with the remaining holes on the Big Missouri claim. Holes that are not reported have no significant mineralization.
Results are as follows:
<< DDH No. From To Interval Au Ag Cu Pb Zn meters meters meters g/t g/t % % %
Dan Zone 2005-67 5.79 19.51 13.72 3.05 30.11 0.111 0.98 1.52
Main Zone 2005-80 101.4 120.12 18.72 3.17 7.98 0.016 0.22 0.70
2005-81 14.88 17.07 2.2 2.94 7.5 0.003 0.280 0.27
Main Zone 2005-82 52.44 58.54 6.1 4.31 31.16 0.112 0.86 1.86
2005-83 No Significant Mineralization
Dan Zone 2005-87 99.1 108.23 9.15 3.09 3.4 0.008 0.08 0.41
Main Zone 2005-88 54.57 57.62 3.05 3.06 3.50 0.007 0.02 0.06
Main Zone 2005-89 17.99 24.09 6.1 4.3 5.2 0.009 0.14 0.49 and 30.79 42.38 11.59 9.98 59.68 029 0.35 3.78
Based on exploration to date, the overall strike length of the mineralized zones as indicated by trenching and drilling is 2000 meters with a vertical height of 700 meters and widths varying from 10 to 100 meters. The Kansas claim is the subject of an option/joint venture with Tenajon Resources Ltd., pursuant to which Pinnacle and Mountain Boy are earning a 60% interest through the expenditure of $1,000,000 on exploration over four years. The Companies can jointly earn a 70 per cent interest in the Kansas claim by exercising an option to deliver a feasibility study within four years of earning the initial 60%. The Main Breccia Zone mineralization is typified by an early stage of pervasive sericite-pyrite-quartz alteration; a main stage of quartz stockworks, breccias and silicification carrying gold associated with disseminated pyrite, sphalerite, galena and chalcopyrite; and a late stage of semi-massive sulphide pods carrying significant base metal values Mineralization at Silver Coin is consistent with the two main types of mineralization at the nearby, former producing Silbak-Premier mine which produced 4.7 million tons that yielded approximately 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 National Instrument 43-101, is in charge of the exploration programs on behalf of the Companies. Drill core and trench samples are assayed by Assayers Canada of Vancouver, BC. Assay results from drill holes are released when received from Assayers Canada and the assay data has been through internal validation of quality assurance and quality control. Pinnacle Mines has established a sampling and assay control program with blind insertion of assay standards; noting that 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
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