Drilling over the winter to test the depth extensions of the past-producing Dunwell gold mine near Stewart, British Columbia, has returned intercepts including 6.7 metres grading 14.27 grams gold per tonne, 37.81 grams silver per tonne, 0.25% lead and 0.63% zinc, Mountain Boy Minerals (MTB-V) reports.
Assay results have been received for 13 drill holes at Mountain Boy’s 100%-owned mine, 7.5 km northeast of Stewart, and other highlights include 6.64 metres grading 7.66 grams gold, 37.4 grams silver, 0.33% lead and 0.90% zinc in DDH-2010-12.
The deposit consists primarily of two veins, the Sunbeam vein to the north and the Dunwell (number 23) vein to the south, with a number of other less important veins.
The Dunwell vein contains up to 75% sulphides. The mineralization is more intense where the veins are intersected by fractures of the West fault zone.
Results from the recent drilling indicate an extension to the mineralization mined previously. Other assay results for this new zone include DDH-2010-6, which returned 3.04 metres grading 3.75 grams gold, 55.87 grams silver, 0.21% lead and 3.87% zinc. Hole DDH 2010-10 cut 5.18 metres of 5.31 grams gold, 62.4 grams silver, 0.52% lead and 0.80% zinc.
Drill crews have been remobilized to Dunwell to continue drilling and further outline the new zone.
Mountain Boy is trading at 19¢ per share and has a 52-week trading range of 3¢-48.5¢ per share. The junior has 64.8 million shares outstanding.
Be the first to comment on "Mountain Boy’s Dunwell mine impresses management"