Summary

High-grade silver bearing veins have been explored by a network of tunnels put in by early operators. Shipments of selected, high-grade mineralization took place in the 1920’s and 30’s and again in 2000.

Location

The property has road access and is located 22 km north of Stewart, British Columbia.

History and Property Status

Minvita Enterprises Ltd. acquired the key claims of the historic Mountain Boy property in the early 1990’s. The property was optioned to Mountain Boy Minerals (“MTB”) who subsequently earned a 50% interest by making substantial cash payments to Minvita.

In 2004, the Company granted Mountain Boy Minerals an option to earn its remaining 50% interest for cash payments totaling $237,500 over four years. Minvita retains a 2% Net Smelter Royalty which may be bought out for $1,000,000.