| May. 15, 2008 | Print This | Email This |
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In addition MineFill Services has calculated an inferred resource as follows:
------------------------------------------------------------------------- Inferred 13,214,809 2.737 2.149 5.927 0.276 912,992 960,955 -------------------------------------------------------------------------
The drill program is also intended to identify areas of potential underground mining. This new drilling will be incorporated into an updated data base and a new NI 43-101 technical report at the end of the exploration season.
The Silver Coin project and associated mineral claims is presently a 51-49% joint venture between Pinnacle Mines and Mountain Boy Minerals except for the Kansas claim which is owned 70.2% by Pinnacle and 29.7% by Mountain Boy.
Pinnacle is also evaluating what work it may carry out this year on the Summit Lake property which was acquired as part of the transaction in which Pinnacle acquired Tenajon's interest in the Silver Coin project.
Pinnacle Mines is a Canadian based mineral exploration and development company with assets in Canada and Mexico. In Canada, Pinnacle holds the Silver Coin property in near proximity to Barrick Gold's Eskay Creek Mine and borders on the Silbak-Premier Mine which produced 1.8 million ounces of gold and 40.7 million ounces of silver. In Mexico, Pinnacle has options to acquire and is currently exploring two copper-gold-silver targets located within the state of Oaxaca.
E. Kruchkowski, P. Geo., a qualified person under National Instrument 43-101, is in charge of the exploration program on behalf of the Company. Drill core and surface samples are assayed by Assayers Canada of Vancouver, BC.
Mountain Boy Minerals Ltd is a Canadian based mineral exploration company whose activities are in the Stewart and McKenzie area of BC. It is actively exploring for gold-silver-base metals on the Silver Coin project, silver-base metals on their American Creek properties, copper-gold in the Stewart area, porphyry molybdenum in the Stewart and McKenzie areas and copper-nickel-platinum group metals in the McKenzie area.
ON BEHALF OF THE BOARD "Ed Kruchkowski" Ed Kruchkowski, Director The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of the content of this news release.
CONTACT: John Thornton at (778) 855-7823; or Ed Kruchkowski at (250) 636-9232; or visit the website at http://www.mountainboyminerals.ca
Mountain Boy Minerals Ltd.CONTACT: John Thornton at (778) 855-7823; or Ed Kruchkowski at (250)
636-9232; or visit the website at http://www.mountainboyminerals.ca