MTB Metals Corp. reported results from the second phase of drilling on the Red Cliff property located near Stewart, BC in the "Golden Triangle" area. MTB owns a 35% interest in the project with Decade Resources Ltd. ("DEC" or "Decade") owning the remaining 65%.

Decade is the operator. The property is host to numerous historic workings and showings including from south to north, the historic Red Cliff mine, the Chimney Zone, the Road Zone, the Water Pump Zone, the lower and upper Montrose Zones, and the Waterloo Zone. The gold bearing showings occur along a north-northwest striking belt that is at least 2 kilometres in length.

Mineralization occurs in steeply plunging en-echelon ore shoots within this broad trend and there is high potential for the discovery of other ore shoots within this belt. Splays off the main trend have also been identified in historic drilling. The Montrose Zone is complex and may consist of several ore shoots within a wide interval of altered rocks.

It is associated with latite intrusive that has altered the adjoining country rock, obscuring the contacts. One to ten% fine grained pyrite is present throughout the mineralized zones. Veining within the intrusive and contact areas consists of sphalerite-galena-minor chalcopyrite mineralization.

Fine visible gold is commonly noted in these veinlets. Later stage chalcopyrite-pyrite-quartz veins are present along the west side of the mineralized zone. Coarse visible gold is commonly present in the later mineralization.

The Montrose zone is north-south trending with cross-cutting east-west trending veins from 2 to 5 m wide. Historic reports make mention of massive sulphide veins up to 2.5 m with reported assays up to 270 g/t gold and as well as 49 g/t gold over 0.5 m. This historic sampling has not been verified by either MTB or DEC. The 2023 program was designed to test the northern extension of the Montrose Zone as well as define near surface high grade gold-copper for a potential 10,000 tonne bulk test in the Upper Montrose area.