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Mountain Boy is engaged in the acquisition and exploration of mineral properties located in British Columbia, Canada. [Source: August 31, 2010 MD&A Filing]
The Mountain Boy Minerals Ltd. website is at www.mountainboyminerals.ca.
Information Links: Yahoo News and Quotes | Yahoo Message Board | StockCharts | Canadian Insider Trading
More Information Links: Candlestick Analsysis
This report is based on NI 43-101 resource and reserve disclosures and fully diluted share counts available on 2011-06-18.
The GoldMinerPulse metrics, presented below in table format, are based on all projects and all in situ metals and are updated daily with closing market prices.
| General Metric | Value on 2013-05-21 |
|---|---|
| In Situ Metal Value per Share (MVpSh) | US$4.19 |
| Average Ore Value per Tonne | US$47.91 |
| Metal Value Leverage (MVL) | -no stock price- |
| Market Capitalization as a Percentage of Metal Value | - price unavailable |
| Recent Closing Stock Price | C$ [note 1] |
| Fully Diluted Share Count | 129.41 M [note 2] |
| Percentage In Situ Proven + Probable Reserve | 0% |
| Percentage In Situ Measured + Indicated Resource | 49% |
| Percentage In Situ Inferred Resource | 51% |
| Metric | Value on 2013-05-21 |
|---|---|
| Gold Reserves + Resources | 331.86 K oz |
| Average Gold Ore Grade | 0.9 g/t |
| Market Capitalization per oz of Gold In Situ | US$0.00 ( C$0.00 ) |
| Gold Equivalent Ounces Estimate | 394.42 K oz |
| Market Capitalization per oz of Gold Equivalent | US$0.00 ( C$0.00 ) |
Note 1: Conversion rate used: 1 Cnd$ = 0.974026 US$
Note 2: Fully diluted share count is based on the fully diluted share count shown on Investor Information webpage plus the additional shares and warrants anticipated from the private placement closed on December 23, 2010.
All metal counts in this section are based on the combined Proven + Probable reserves plus the Measured + Indicated and Inferred resources.
| Metric / Metal | Gold | Silver | Zinc | ||
|---|---|---|---|---|---|
| Total Counts (reserves + resources) | 331.86 K oz | 2.23 M oz | 19.88 K t | ||
| Metal Prices in US$ (from 2013-05-21) | $1,374.50 / oz | $22.41 / oz | $0.82280 / lb | ||
| Metal Value per Share (MVpSh) Shown in US$. Based on fully diluted share count | $3.52 | $0.39 | $0.28 | ||
| Percentage of Total Metal Value | 84.14% | 9.21% | 6.65% | ||
| Metal Value Percentage Proven + Probable | 0% | 0% | 0% | ||
| Metal Value Percentage Measured + Indicated | 51% | 40% | 41% | ||
| Metal Value Percentage Inferred | 49% | 60% | 59% | ||
The above metal value totals derive from the following projects.
| Project | Location | Metal Value per share (% total) | Average Ore Value US$/t | Gold | Silver | Zinc | PP% | MI% | I% |
|---|---|---|---|---|---|---|---|---|---|
| Silver Coin | British Columbia, Canada | $4.19 ( 100.0% ) | US$47.91 | 331.86 K oz | 2.23 M oz | 19.88 K t | 0 | 49% | 51% |
| Red Cliff | British Columbia, Canada | $0.00 ( 0.0% ) | 0 | 0 | 0 | ||||
| BA and Surprise Creek | British Columbia, Canada | $0.00 ( 0.0% ) | 0 | 0 | 0 |
PP%: percentage of metal value from Proven + Probable reserves
MI%: percentage of metal value from Measured + Indicated resources
I%: percentage of metal value from Inferred resources
Note: percentages may no add to 100% due to rounding errors
Great Bear has entered into an Option and Joint Venture Agreement with Mountain Boy to earn a 50% interest in the BA (Barbara) project by spending $5.5 M over four years, and can earn an additional 20% interest, for a total of 70%, by funding a Positive Feasibility Study by December 2015. The agreement was extended in October 2010 to include the Surprise Creek deposit which is adjacent. [Source: August 31, 2010 MD&A and October news release]
January 6, 2011: All Zones Expanded and High Grade Gold-Copper Zone Prospected at BA, more.
Latest NI43-101 Report:
(0 pages).
Project Location: British Columbia, Canada in the editMiningRegionName mining region.
The Red Cliff is a gold/copper property approximately 25 miles north of Stewart, British Columbia. The property is operated under joint venture with Decade Resources (60% Decade and 40% Mountain Boy). [Source: Octoberr 25, 2010 Drill Results]
October 25, 2010: Drilling Resumed on Montrose Zone at The Red Cliff Project more.
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...
September 21, 2010: 49.2 Grams Per Tonne Gold over 18.45 meters Intersected in DDH-UMON-2010-1, more.
Latest NI43-101 Report:
(0 pages).
Project Location: British Columbia, Canada.
The Silver Coin project is a gold-silver project located in the Skeena Mining Division of British Columbia, situated 10 km north of the past-producing Silbak-Premier mine. Silbak-Premier produced 2 million ounces of gold and 43 million ounces of silver over its life. Jayden Resources Ltd. (TSX-V: JDN) is the joint venture partner on the project. This report assumes Jayden will exercise its option to hold 80% of the deposit. [Source: August 31, 2010 MD&A Filing]
Latest NI43-101 Report: Technical Report
SILVER COIN GOLD PROJECT
Stewart, British Columbia, Canada
FINAL
Technical Report
2011-06-13 (121 pages).
Project Location: British Columbia, Canada. View the Silver Coin property on a Google Map.
Average Ore Value (all estimate types): US$47.91
Measured + Indicated
| Metal | MVpSh | Contained Metal Quantity | Ore Grade | Ore Quantity |
|---|---|---|---|---|
| Gold | $1.80 | 169.13 K oz | 1.090 g/t | 24.13 M t |
| Silver | $0.15 | 890.66 K oz | 5.740 g/t | 24.13 M t |
| Zinc | $0.12 | 8.20 K t | 1,700.000 g/t | 24.13 M t |
Estimate notes: See Table 16-11. Silver Coin Project – Resource Statement on p. 61 of 75 of the April 2011 technical report.
Resource quantities adjusted for ownership percentage of 20.0%.
Cutoff grade 0.3 g/t
Inferred
| Metal | MVpSh | Contained Metal Quantity | Ore Grade | Ore Quantity |
|---|---|---|---|---|
| Gold | $1.73 | 162.72 K oz | 0.780 g/t | 32.44 M t |
| Silver | $0.23 | 1.34 M oz | 6.410 g/t | 32.44 M t |
| Zinc | $0.16 | 11.68 K t | 1,800.000 g/t | 32.44 M t |
Estimate notes: See Measured note.
Resource quantities adjusted for ownership percentage of 20.0%.