"The Golden Triangle: A Silver Opportunity in the Shadow of Giants"

Mountain Boy Minerals Ltd. (TSX-V: MTB, Forum) is on the hunt for large-scale silver-gold discoveries in the heart of the Golden Triangle. The company is advancing multiple targets on its extensive holdings in this metals-rich corner of British Columbia. ... ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ [Open in your browser]( [Alert] [Logo] --------------------------------------------------------------- [The Golden Triangle: A Silver Opportunity in the Shadow of Giants]( Where could the next big silver boom happen? Look to BC's "Golden Triangle". Mountain Boy Minerals Ltd. ([TSX-V: MTB]( [Forum]( is on the hunt for large-scale silver-gold discoveries in the heart of the Golden Triangle. The company is advancing multiple targets on its extensive holdings in this metals-rich corner of British Columbia. Building on years of work by previous operators, the MTB projects are already far along the path toward discovery. The Golden Triangle is recognized globally for its enormous endowment of gold but is less well known for its rich trove of silver. You see, those gold deposits contain varying proportions of gold and silver. With the emphasis on gold, the silver dominant deposits of the region have been largely overlooked. MTB has seized the opportunity to assemble multiple projects where the earlier hunt for gold-silver deposits has provided compelling evidence for silver-gold deposits. The company has consolidated several properties and data sets and for the first time is seeing the whole picture: Where previous explorers saw one or more small occurrences, MTB is seeing multiple facets of large systems. The task now is to vector from the numerous data points to the hearts of those systems, where the monster deposits are believed to be. Image via Mountain Boy Minerals. Click to enlarge. The primary focus for MTB is the American Creek project, centered on the historic Mountain Boy silver mine. Located in the highly prospective American Creek corridor, the property has a rich mining history. It is now road accessible, just 22 kilometres north of the seaport at Stewart. Mountain Boy has consolidated a 2,600-hectare property, which was exploited and explored by multiple operators going back over a century. Fractured ownership and legacy claims saw the area largely ignored until MTB put the property together and compiled the mountain of historic production and exploration results. The previous operators were looking at individual pieces of a jigsaw puzzle... MTB is now seeing the whole picture. That picture, according to the company's highly proficient geological team, points to high potential for multiple large deposits. The presence of numerous nearby past producers, the proximity to the rich Premier Camp, an evolving understanding of the geology and encouraging results and discoveries in the region all support the highly prospective nature of this property. For anybody not familiar with mining and mineral exploration, let us just say that it is very much like other industries in that the innovations - the discoveries - come from the small, entrepreneurial companies... companies like Mountain Boy. These companies find the metal deposits that keep the majors in business. Speaking with the Company's Chief Executive Officer, Lawrence Roulston, it is clear he knows a good story when he sees it. He studied geology and business administration at the University of British Columbia, then worked in the head office of Cominco before that Canadian mining stalwart merged with Teck Resources Ltd. (NYSE: TECK). After several years managing exploration companies, he devoted 15 years to writing a popular and respected newsletter about the mining industry. In his search for investment opportunities, he travelled the globe looking at mining and exploration projects in every part of the planet. After the newsletter, he contributed his knowledge to a US-based private investment group. Now he has come back into the industry with his broad experience and a keen eye to identify projects with large-scale potential. To him, no other silver story appealed more than the Golden Triangle. It boasts a concentration of metal value in a tight area unlike any he had ever seen. Spot Silver, USD, Dec 2019 - Dec 2020. Click to enlarge. The gold price, now near an all-time high, has certainly captured investor interest. Silver generally tracks the gold market, but silver has more volatility: higher highs and lower lows. Having just come off a record low relative to gold, some investors are looking for a big run. Two times in the past, the silver price has gone from under $10 to near $50 within months. Roulston is very clear that he is not betting on the silver price. "If we confirm what we sincerely believe to be down there, it won't matter what the silver price is; we will get investor attention. Any gain in the silver price will be a bonus." For those interested in the silver market, a company like MTB could be an ideal way to gain exposure to silver while investing in a company that is intent on adding value independent on what happens to the silver price. And, to be clear, while silver is dominant, there is also heaps of potential for gold. The first point in any geological assessment is the regional setting. There are only a few areas in the world that rank as billion-ounce silver districts, and this area of BC is one of them. Past production plus compliant resources already total 1.3 billion ounces, with almost all of that as a by-product of gold deposits. Image courtesy Mountain Boy Minerals Ltd. The spectacular silver grades that came out of the historic Mountain Boy mine acted as a beacon to lead him to take a close look at the area around it. In other settings, seeing high grade silver values showing up over many kilometers might be seen as isolated occurrences. In this region, which is renowned for large deposits, it pointed to a different interpretation. While Roulston had the vision to see the potential of this area, he is quick to give credit to the geological team, led by Lucia Theny, VP Exploration. Lucia and her team provided the ground truth to the geological concept, expanded on that concept and filled in the details leading to the recent drill program. Lucia had earlier worked for a joint venture partner on one of the MTB projects. With years of experience in the region, and a familiarity with the MTB projects, Lucia seized the opportunity to become an integral part of the team. American Creek Drill hole locations. Map via Mountain Boy Minerals. Click to enlarge. MTB's American Creek project has experienced more than a century of mining and exploration. And yet, that extensive property has seen a mere 7,000 metres of drilling, including the recent drilling. Putting that into perspective, the adjacent property to the west has already benefited from 870,000 metres of drilling. That property, representing the Premier Camp, was one of the most important historic mining camps in British Columbia. It produced 2.5 million ounces of gold and 60 million ounces of silver and is about to go back into production. The MTB property is very similar geologically to Premier, yet the MTB property has seen less than 1% of the exploration activity. The work to date has hardly scratched the surface. The results of that work, when viewed in the context of the present MTB property, are very positive. A drill campaign in 2006 used a small underground rig that drilled from the newly developed access road up to the old Mountain Boy mine. The average hole length was only 47 metres, focusing on the High-Grade Vein, which was the heart of the historic mining. Six holes in that vein intercepted more than a kilogram of silver over at least a metre, with the highlight being hole 2006-10 which hit 5,258 g/t over 5.18 meters (5 kg is 160 troy ounces). At that time, exploration was constrained by the small property and was primarily directed to a re-start of small-scale mining. CEO Roulston's first objective was to expand the property to encompass the entire geological system. To the west, the owner had conducted a first pass of airborne geophysics. That work, together with historic prospecting results, suggested interesting targets, which had not been adequately followed up on the ground. The property to the north, which had been in private hands for decades, had seen considerable surface work which suggested a continuation of the vein system, but had never been drilled. The MTB geological team spent two field seasons ground-truthing and expanding on the previous information. A huge accomplishment was the discovery of a previously unmapped intrusive unit in the American Creek valley which looks remarkably similar to the intrusive unit related to the Premier mineralization. Geochron analysis confirmed the age of that unit as Early Jurassic, the same age as the Premier intrusion... and most of the other big deposits in the Golden Triangle. Further prospecting and mapping demonstrated that the intrusion runs along American Creek for several kilometers. Exactly how far remains to be seen, but the fact that Pretium, on their American Creek project, bordering MTB's property to the north, has hit good results, has Roulston thinking the Mountain Boy trend could extend all the way through to the Pretium property, further evidence for a large geological system. (Pretium Resources Ltd, PVG, expects to produce more than 325,000 ounces of gold from its Brucejack mine, located 30 km northwest of the American Creek property.) The first part of the just-ended season was devoted to fine-tuning drill locations for the drilling that got underway late in the season. Drill pad crew spotting pad location at Wolfmoon. In its first phase of drilling at American Creek, Mountain Boy [drilled 2,099 metres]( by November 2020 before suspending operations until the spring. Four distinct target zones were tested with 10 holes. Assay results are still pending, as the labs are facing an unprecedented backlog. While awaiting the assays, MTB is already gearing up for the next round of drilling. Quoting the November 12 news release issued at the end of drilling, Roulston commented: "we are extremely encouraged by what we have seen". Highlights include extending the High-Grade Zone for 81 meters to the north and the discovery of a new zone 430 meters north of the old workings, which may be a continuation of the same veins. The presence of silver sulphide minerals in the drill core is a good indicator that the zone may contain high grades. (In many silver deposits, the silver is bound up with the lead and zinc sulphides. When the silver content is high, it forms distinct silver minerals.) The MTB team is already well advanced on planning the next phase of drilling, to start as early as possible next season. Arrangements are also underway to get underground in the old workings. Opening up those tunnels will allow the geologists to inspect and sample the veins in situ. It may also be possible to drill from the underground workings, putting the rig much closer to the veins. MTB has told Stockhouse that they don't want to talk about their four other wholly-owned projects in the Golden Triangle at this time as it may look like they are trying to deflect attention away from the drill results. Having looked at those projects, it is clearly worth a brief mention. All of those projects follow the same business model: Analyze previous results generated by multiple operators on different properties, looking for evidence of large-scale systems. Then, assemble the property and explore it from a big picture perspective. The BA project has seen 180 drill holes which outlined a substantial zone of silver-lead-zinc mineralization in a VMS environment. Much of that work was done with the silver price under $10 an ounce. With silver now more than twice that level, the project is being re-examined and will likely emerge as an important part of the story in the coming year. The Surprise Creek project, due north of BA, appears to be a continuation of the same mineralized trend. The property immediately west of Surprise Creek has been optioned by a company led by the former CEO of Pretium. BA and Surprise Creek straddle the highway to Stewart. Southmore is located in the northern part of the Triangle, between a big silver-lead-zinc VMS district to the north and a gold-copper dominant environment to the south. The MTB property appears to have characteristics of both systems. There was no work on that property from the early 1990s until it was acquired by MTB. The property is within 10 kms of the completed portion of the Galore Creek access road. The latest acquisition - Theia - is located south of BA, in the midst of three advanced stage deposits. A lot of work was done in that area in the early 1990s after the discovery of the Red Mountain gold deposit, but it then went quiet. Glacier retreat over the past three decades has opened up vast tracts of rocks which have never before been examined. MTB intends to advance its secondary projects, but in the background, as it remains firmly focused on American Creek. In an interview with Stockhouse Editorial, Roulston was asked to summarize the American Creek project. "In my view, based on 40 years of evaluating exploration projects all over the world, this is one of the most exciting prospects that I have seen. Look at the 2006 drilling - 5 kilos of silver over 5 meters: grades like that don't exist in isolation. It signals a huge and incredibly robust mineralizing system. The presence of so many high-grade occurrences, spread over several kilometers, adds to that interpretation. Then, recognize that this system is in the midst of a region that hosts some of the biggest and richest precious metals deposits on the planet. And, it is the same age and geologically similar to the settings of those large deposits. We have high grades; we have the right geology and we are in the midst of a region that hosts monster deposits. There is something down there. Our challenge is to find it in a way that gives the best benefit to the shareholders in the near term. We hope we hit the bull's eye in this first round of drilling. If not, we will be starting the next round as soon as we can." Logging in the core shack. The next stage in the program will be the announcement of the drill results, most likely in multiple batches. Once the drill results are in the market, and as the geological story continues to gain traction, investors and the mining industry will start to recognize the potential of the American Creek project. They will also start to appreciate the value of the other projects being advanced in the background. It is telling that MTB is determined to have eyeballs fixed firmly on the company before results are announced. Investors should take heed of that cue. To find out more about the Company, visit: [mountainboyminerals.ca](. [LEARN MORE]( FULL DISCLOSURE: This is a paid article produced by Stockhouse Publishing.  The advertiser featured in this Stockhouse Publishing Ltd. Alert has paid a fee in cash or stock not exceeding $5,000 to have their corporate, marketing, and promotional, information and activities featured. The information shown is solely the responsibility of the advertiser [Mountain Boy Minerals Ltd.], not Stockhouse Publishing Ltd, whose only function was as a supplier of media facilities. Any information provided is not to be construed as a recommendation or suggestion or offer to buy or sell securities. Your information is shared only with the advertiser featured in this Alert and will not be sold or rented to any other third party. The advertiser may contact you from time to time with updates. You opted in to receive this Alert, which are sent on a request-only basis. 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