Mountain Boy Minerals
The Mountain Boy Minerals Ltd. is an exploration and development company, with a large portfolio of gold, silver and base metals located in the prolific Golden Triangle region in British Columbia, Canada. The company was founded on the 26th of April 1999 and it slowly acquired a wide range of projects, with a main interest in the Stewart Camp area. The Company’s average cash flow per share stands at the moment at $0.37 per share, with a volume of over 17,000.
Headquartered in Vancouver, British Columbia, the company’s management team was out together by Mr. Lawrence Roulston (President & CEO) who has over 35 years of experience in the mining industry and he is also a director and advisor to a select group of resource companies. Mr. Roulston has previously worked with major and junior mining companies in British Columbia with a focus on exploration.
The Board of Directors is composed of: Mr. Rene Bernard, managing shareholder of W & S Bernard Investments Ltd; Mr. Mark T. Brown, with a financial experience of 25 years; Mr. Ron Cannan, who served over 18 years in public office as a Member of Parliament in Ottawa and City Councillor in Kelowna BC and who has over 30 years of experience in business consulting, and Mr. B.H. (Ben) Whiting, a professional geoscientist with more than 40 years of experience in the international mining industry, who worked for both major & junior companies, managing a wide range of operations from exploration through to mine development. The Vice President of Exploration, Ms. Lucia Theny is a structural and economic geologist with experience in base and precious metal exploration. Most of her career has been focused on British Columbia’s Golden Triangle. Winnie Wong (CFO & Corporate Secretary) is a mining industry financial executive and acts at the Chief Financial Officer and Director of select mining industry companies. And Nancy Curry (VP, Corporate Development) brings over 25 years of financial market, strategic planning and public company management experience.
Currently, Mountain Boy Minerals owns 100% of the American Creek (22 kilometres north of Stewart and 7 kilometres from Highway 37A) and the BA projects (a silver-base metals property, in the Skeena Mining Division, B.C., 18 kilometres north-east of Stewart, with the Highway 37A running through the property’s northern portion). It also owns 35% of the Red Cliff Property, a gold- and copper-rich area, with significant precious and base metal deposits. All the aforementioned deposits have promising lithologies, containing variations of rocks belonging to the Jurassic Hazelton Group. Starting with 2010, the Company showed its interest in the Surprise Creek volcanic massive sulphide (Kuroko style VMS systems forming layers above the base metal-silver mineralization of Cu-Lb-Zn-Ag), and the Southmore region, in which the MTB conducted a short exploration program, in 2019, on the program confirming and expanding on the Blue Gold Resources previous 1990 exploration program.
Mountain Boy Minerals has a significant stake in the area of the American Creek corridor, with extensive exploration drilling in the 2,602 hectares zone the project is spanning on. Due to the history of the area, the Company believes that further exploration stages should deliver more evidence on the existence of high-grade gold-silver deposits and Early Jurassic latite porphyry copper-gold deposits. The historic Porter Idaho, Silverado and Riverside mines are examples of high-grade silver-lead-zinc vein deposits, belonging to the Palaeocene, all within the Stewart camp. The current working deposit model for American Creek West includes two styles and of both Early Jurassic and Middle Eocene stages of mineralization, with the Early Jurassic intrusion identified on the property providing the magmatic heat source for circulating metal bearing fluids. A recently released independent feasibility study, done by Ascot Resources done on a sub-area belonging to the Early Jurassic mineralizing event, shows great potential for the developing of the four underground mining operations: Silver Coin, Big Missouri and Premier and the new Red Mountain deposit. The four mines would feed a refurbished 2,500 tpd mill at Premier.
With a newly confirmed potential at the Southmore site, and a second drill rig started at the end of September this year, at the American Creek project, Mountain Boy Minerals Ltd. expands its portfolio and its promising list of exploration projects.