Mountain Boy Formalizes Technical Advisory Board to Unlock Potential of BC's Golden Triangle – StreetInsider.com

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Vancouver, British Columbia–(Newsfile Corp. – March 24, 2022) – Mountain Boy Minerals Ltd (TSXV: MTB) (OTCQB: MBYMF) (FSE: M9U) (“Mountain Boy” or the “Company”) has established a Technical Advisory Board which brings together several leading geological experts. Mountain Boy has six projects in the prolific Golden Triangle of British Columbia on which previous work demonstrates the potential to host large-scale deposits of gold, silver, copper, lead, and zinc. Mountain Boy’s strategy involves applying leading edge geoscience to cost-effectively advance the projects toward discovery.
This team of experts, who are already familiar with the Company’s projects, will complement the in-house geological team in the analysis of existing information and together they will help guide the next stages of exploration.
The Technical Advisory Board will be chaired by Dorian L. “Dusty” Nicol and includes Dr. Bruce Gemmell and John Ryan. In addition, we will extend our collaboration with the Mineral Deposit Research Unit (MDRU) at the University of British Columbia, with Dr. Farhad Bouzari continuing to provide his expertise. These specialists will support the in-house geological team, led by Lucia Theny, Vice President of Exploration.
Full bios are included below.
Lawrence Roulston, CEO, stated: “Formalizing these highly experienced experts into a Technical Advisory Board and expanding our relationship with MDRU will facilitate the synergies that come with the collaboration of ideas among experts. Their on-going involvement attests to the merits of Mountain Boy’s projects. The projects are in one of the most highly prospective mineral regions in the world. Results of previous work supports the potential for discoveries in line with the established deposits in this renowned region. Tapping into the combined knowledge of these experts will help advance Mountain Boy’s projects toward discovery.”
Work is continuing on the Telegraph project, with further results to be announced in the coming weeks:
The Company also announces the grant of stock options to directors, employees, advisors and consultants for an aggregate of 1,230,000 shares at an exercise price of $0.17 for a term of 5 years.
Full Bios of the New Team Members
Prof. Bruce Gemmell
Bruce obtained his B.Sc. (1979) degree from UBC and his M.A. (1982) and PhD (1987) degrees from Dartmouth College, USA. Bruce worked at the Centre of Excellence in Ore Deposits and Exploration Science (CODES) at the University of Tasmania, Australia for 30 years, where he served as the Head of the School of Earth Sciences and a Director of CODES. In 2017, he became a consultant to the minerals industry.
At CODES, Bruce conducted research on a wide range of ore deposit types, including VHMS (volcanic-hosted massive sulphide) deposits, epithermal deposits, skarn, and structurally controlled copper deposits, as well as modern seafloor hydrothermal systems. He also specializes in mineralogy and geochemistry of hydrothermal alteration and its application to exploration. More recently he, along with collaborators, developed process-based exploration models focusing on mineral chemistry zoning in porphyry-epithermal deposit environments. He has published over 100 papers in international peer-reviewed journals, was a past President of the Society of Economic Geologists (SEG) and is currently the technical editor for SEG’s newsletter, SEG Discovery.
Quoting from the website of the University of Tasmania: “Professor Bruce Gemmell is an economic geologist. He has gained an international reputation for his expertise in ancient and modern volcanic-hosted massive sulfide (VHMS) deposits, low and intermediate sulfidation epithermal deposits and the mineralogy and geochemistry of hydrothermal alteration. Bruce is an applied researcher and enjoys working with the minerals industry to develop new models and techniques for the discovery of mineral deposits.”
Bruce is intimately familiar with Mountain Boy’s BA, Surprise Creek and American Creek projects, having visited and reviewed historic information on the three projects in 2019.
John Ryan
John has 15 years of technical expertise in both greenfields and brownfields exploration, specializing in the Canadian Cordillera. He holds a B.Sc. (Hons) degree in Geology from the University of British Columbia Okanagan specializing in applied exploration geochemistry. John held positions with both Sabina Gold & Silver and Spanish Mountain Gold assisting in the delineation of the Hackett River VMS deposit in Nunavut (subsequently purchased by Glencore), and the SHV gold deposit at Spanish Mountain in central BC. As part of his 8-year tenure at Teck Resources Ltd, John served as Senior Project Geologist and held a leadership role in the exploration around Highland Valley Copper. As part of that effort, he played a key role in developing industry leading methods in applied geochemistry and hyperspectral analysis, as well as geological and geometallurgical modelling. In addition to being an integral part of Teck’s porphyry copper team, John has since worked or consulted on several major porphyry systems throughout the province.
About MDRU
Mineral Deposit Research Unit is a collaborative research venture between the minerals industry and The University of British Columbia’s Department of Earth, Ocean and Atmospheric Sciences. The researcher working most closely with Mountain Boy is Dr. Farhad Bouzari, an economic geologist with an interest in the anatomy and evolution of porphyry copper deposits, particularly distal and deep features, and their application in vectoring towards mineralization. He has a B.Sc. (1990) degree in geology from Mashhad University, Iran, and M.Sc. degree in Mineral Exploration (1995) and Ph.D. degree in Economic Geology (2003) from Queen’s University, Canada. Farhad, through MDRU, has been working on the Telegraph, American Creek and BA projects since the summer of 2021. He was on the project and has conducted advanced analytical testing of more than 100 samples.
About Mountain Boy Minerals
Mountain Boy has six active projects spanning 604 square kilometres (60,398 hectares) in the prolific Golden Triangle of northern British Columbia.
The technical disclosure in this release has been read and approved by Andrew Wilkins, B.Sc., P.Geo., a qualified person as defined in National Instrument 43-101.
On behalf of the Board of Directors:
Lawrence Roulston
President & CEO

For further information, contact:
Fraser Ruth
Investor Relations
(416) 274-3195

Kirsti Mattson
Corporate Communications/Media Relations
(778) 434-2241

This news release may contain certain “forward-looking statements”. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Any forward-looking statement speaks only as of the date of this news release and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/117948

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