Mountain Boy Minerals Ltd.
TSX VENTURE : MTB

October 25, 2010 12:06 ET

Mountain Boy Minerals Ltd.: Drilling Resumed on Montrose Zone At the Red Cliff Project

STEWART, BRITISH COLUMBIA--(Marketwire - Oct. 25, 2010) - Mountain Boy Minerals Ltd. ("Mountain Boy" or the "Company") (TSX VENTURE:MTB) reports that drilling resumed last week on the Montrose zone at the Red Cliff project. Since mobilizing to the property, crews have completed 4 of the 25 drill holes planned in this winter program. Drilling is focused on expanding resources in the area of hole DDH-UMON-2010-1 which intersected 49.2 grams per tonne gold over 18.45 metres and DDH-2009-MON-6 which intersected 24.7 metres grading 20.87 grams per tonne gold.

Assay results for 24 drill holes testing the Montrose zone, drilled earlier this season, are pending. Assay information is being held at the assay lab at the request of Decade Resources Ltd. until closing of their current financing, expected to occur during the first week of November.

The Red Cliff is a gold/copper property consisting of 8 Crown granted mineral claims situated in the Skeena Mining division approximately 25 miles north of the town of Stewart, British Columbia. The property is operated under joint venture and is owned 60% by Decade Resources Ltd. and 40% by Mountain Boy Minerals Ltd. At present, access is via drill roads off the paved highway 37A.

Ed Kruchkowski, P. Geo., a qualified person under National Instrument 43-101, is in charge of the exploration program on behalf of the company.

About Mountain Boy Minerals Ltd.

Mountain Boy Minerals Ltd. is a Canadian based mineral exploration company with diverse property and resource holdings around the Stewart region in British Columbia's golden triangle. It owns 30% of the Silver Coin project, a gold-silver-base metals project with a 43-101 defined 835,700 ounces gold in the measured and indicated category and 655,200 ounces in the inferred category. The Company is also is exploring silver-base metals on its American Creek and Bear Valley properties as well as copper-gold in their Stewart area claims.

ON BEHALF OF THE BOARD

Ed Kruchkowski, Director

"This news release may contain forward–looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements."

"Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."

Contact Information

  • Mountain Boy Minerals Ltd.
    Investor Relations
    604-681-0710
    or
    Mountain Boy Minerals Ltd.
    Ed Kruchkowski
    250-636-9232
    250-636-9233 (FAX)
    www.mountainboyminerals.ca