Mountain Boy Minerals Ltd. is pleased to announce that Great Bear Resources Ltd. has agreed to accept 620,000 shares of Mountain Boy in settlement of the $350,000 final scheduled payment under an agreement by which the Company is re-acquiring from Great Bear a 50% interest in the 187 sq km properties comprising the BA project and the Surprise Creek project. Pursuant to an agreement in 2010, Great Bear earned a 50 [...]
- Drill contract signed. - Geophysics will fine-tune drill targets. - Grant of incentive stock options. Vancouver, August 6, 2020 - Mountain Boy Minerals Ltd. is pleased to announce that geophysical crews are currently mobilizing as part of this year's fully funded exploration program on its American Creek project located in BC's Golden Triangle. The current work will provide further detailed information to finalize drill [...]
Mountain Boy Minerals Ltd. announces it has closed the Flow-Through private placement announced July 3rd, 2020 and increased on July 15th, 2020. A total of 4,166,669 Flow-through shares were issued at an offering price of $0.30 per Common Share for gross proceeds to the Company of $1,250,000. The net proceeds of the Offering will be used for exploration of the Company's projects in BC's Golden Triangle, including planned [...]
Mountain Boy Minerals Ltd. is pleased to announce that the previously announced $1 million Flow-through financing at $0.30 per Common Share on July 3rd will be increased to $1,250,000 and the financing is expected to close shortly. Flow-through common shares are priced at $0.30 per common share. The gross proceeds from the FT Offering of flow-through shares will be invested in eligible exploration expenditures in the [...]
Mountain Boy Minerals Ltd. announces it has closed the Unit portion of the private placement announced June 15th, 2020 and increased on July 3rd, 2020. A total of 8,000,000 Units were issued at an offering price of $0.25 per Unit for gross proceeds to the Company of $2,000,000. Each unit will be comprised of one common share and one-half of one common share purchase warrant. Each full warrant shall be exercisable to [...]
Mountain Boy Minerals Ltd. is pleased to announce that the previously announced $2 million financing at $0.25 per unit on June 15th, 2020 has been fully subscribed and the Company is increasing the financing by $1 million flow-through shares at $0.30 per flow-through share, for a total of $3 million. The financing is expected to close shortly. Proceeds will be used for continuing exploration of the Company's properties in [...]
Mountain Boy Minerals Ltd. is pleased to announce that the exploration program this summer will include further work at BA, where previous drilling has outlined a large low-grade silver-zinc-lead occurrence. While the focus remains solidly on the planned drill program at American Creek, the geological team will also be ground-truthing several geophysical anomalies at BA as well as following up on 2016 trenching at the [...]
Mountain Boy Minerals Ltd. announces that it plans to raise gross proceeds of C$2,000,000 through a non-brokered private placement consisting of Units priced of C$0.25 per Unit and Flow-through Common Shares at a price of C$0.30 per Common Share . The proceeds raised from the financing will be prioritized to the American Creek project. The American Creek project is located in the highly prospective American Creek corridor [...]
Mountain Boy Minerals Ltd. is pleased to announce that exploration on its American Creek Project is set to resume in early June. The first phase of work is intended to define drill targets for Phase 2, planned for later in the season. The project is located in the highly prospective American Creek corridor of British Columbia's Golden Triangle. The property, which has a rich mining history, is road accessible, 20 [...]
Mountain Boy Minerals is pleased to provide a summary of its completed geological model for the American Creek West Project. Recent lead isotope analytical results provide additional support for an emerging geological model of Mountain Boys' American Creek West Project. The model points to district-scale silver-gold potential. The 26 square kilometer property, located 22 kms north of Stewart, has a rich mining history [...]
Mountain Boy Minerals Ltd. announces the application for work on the American Creek West project, including drilling, has been reviewed by the Ministry of Energy, Mines and Petroleum Resources with permit issuance subject only to MTB posting a bond in the amount of $13,500. The Company also announces that B. H. Whiting, P.Geo., FSEG, KStG, has joined Mountain Boy as a Director. Exploration Plans The American Creek West [...]
Mountain Boy Minerals Ltd. reports updated results on two new gold-silver discoveries on its American Creek West project, located in the Golden Triangle of British Columbia, 20 kilometres north of the deep-water port of Stewart. Highlights: 28.5 g/t gold and 1,200 g/t silver in separate rock grab samples from the newly discovered Wolfmoon Zone. 17.2% zinc and 33.6 g/t silver from the newly discovered Crown Ridge Zone [...]