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Mountain Boy Minerals (TSXV:MTB) begins field work program at Telegraph Copper-Gold Project

Mining
TSXV:MTB
08 July 2022 09:45 (EDT)
Mountain Boy Minerals - Mountain Boy Mine

Source: Mountain Boy Minerals

Mountain Boy Minerals (MTB) reported that fieldwork has begun on the Telegraph Copper-Gold Project, and a geophysical survey is now underway.

The project is located in BC’s Golden Triangle.

To define areas of favourable alteration and mineralization in preparation for drilling, the geology team is applying multiple geoscientific techniques in addition to conventional geological work.

Over the next few weeks, ground geophysics (induced polarization and magnetotellurics) and on-site shortwave infrared analysis of rock samples will be used to identify alteration minerals that may be associated with mineralization.

Mountain Boy’s CEO, Lawrence Roulston said that the company’s in-house geological team, backed by some leading porphyry experts, have compiled and interpreted an enormous amount of information that has been collected over the years on what is now a consolidated property position.

“An important aspect of the current program is the Border Zone, the area that straddles the previous property line, and was largely overlooked. The MTB geological work last summer highlights the importance of this area, which sits in the middle of a 6-kilometer mineralized trend. The present geological work, together with results from the IP, MT, and SWIR will provide the information needed to determine the best drill locations.”

The company currently has six active projects spanning 624 square kilometres in northern British Columbia.

Mountain Boy Minerals (MTB) is down 4.55 per cent, trading at $0.10 at 10:45 am ET.

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