From GlobeNewswire:

ExGen Resources Inc. provides an update on its DOK project in northern British Columbia, which is under an option to Mountain Boy Minerals Ltd. Mountain Boy may acquire a 60% interest in the DOK claims by paying $230,000 and issuing 1,500,000 shares to ExGen and by spending $2,500,000 on the DOK claims by January 2026. Mountain Boy reported assays from drill holes DOK2023-02 and DOK2023-03, confirming a large copper-gold porphyry system. Continued compilation of the drilling results will provide a basis for further exploration in 2024. additional. Mountain Boy Minerals has announced assays from its 2023 drilling program, confirming a large copper-gold porphyry system on the DOK Project in Northern BC. These initial holes have confirmed the presence of a porphyry hydrothermal system with a large, multi-phase system located in the same geological setting as four other world-class deposits in the area. Mountain Boy has options to acquire a 60% interest in the DOK Project by spending $2.5M on exploration and paying ExGen $230K and issuing 1.5 million shares. On Jan. 17, 2024, Mountain Boy announced it had intersected several copper-gold intervals in a 700-meter step-out from its 2023 program, with drilling spanning 3.3 kms of the open-ended Dok Trend. 3DIP Geophysics provides guidance for next round of drilling. Mountain Boy’s CEO commented that these initial assays confirm the presence of a porphyry hydrothermal system, offering significant exploration potential along the Dok Trend. The Dok Option covers a portion of the Dok Trend, which is located in the Golden Triangle. More work is expected to be done, with continued compilation of drilling results and the late-season 3DIP as other geological information will provide a basis for vectoring toward the core of the system with subsequent drilling. Continued compilation of the drilling results together with the late-season 3DIP and other geological information will provide a basis for vectoring toward the core of the system with subsequent drilling. In the January 17th news release, Mountain Boy announced that the drillholes partially define the area of interest for 2024 drilling. With the initial holes successfully expanding the strike-length and width of mineralization along the Dok Trend, the company is continuing to evaluate the potential of the project. Mountain Boy is encouraged by the God Trend’s potential for a large porphyry system comparable to other deposits within the Golden Triangle. Mountain Boy has options to acquire a 60% interest in the DOK Project by spending $2.5M on exploration and paying ExGen $230K and 1.5M shares. Mountain Boy Minerals continues to report positive results in the ongoing drilling program on the DOK Project in Northern British Columbia. The latest results show a significant potential for the project to host a large porphyry system comparable to other deposits within the Golden Triangle. Mountain Boy announced in a news release on January 17, 2024, that the drill holes partially define an area of interest for 2024 drilling and that the program intended for 2023 has achieved this goal. Mountain Boy Minerals is encouraged by the results and is looking forward to the 2024 exploration season.  ███ LOREM IPSUM DOLOR SIT AMET, CONSECTETUR ADIPISCING ELIT.  SUSPENDISSE SIT AMET FEUGIAT LECTUS.  QUISQUE ULTRICIES EGESTAS BIBENDUM. Donec varius eu nulla eget malesuada. Nam volutpat malesuada purus sed finibus. Morbi ut dui sed nunc bibendum feugiat. Curabitur laoreet mi id consequat consectetur. Orci varius natoque penatibus et magnis dis parturient montes, nascetur ridiculus mus. Cras vitae est urna. Sed rutrum nisi at elit tristique, in eleifend nunc ornare. Quisque ultricies egestas bibendum. Curabitur eu gravida odio. Donec fringilla et/bejhgaur viverra. Curabitur enim risus, pretium id pulvinar id, dictum sed tortor.  Phasellus tristique quam a fringilla cursus.  Morbi convallis volutpat magna, eget.Leriet eget. Suspendisse in dui a lacus interdum gravida. Nam sodales, odio aliquet dapibus convallis, turpis turpis efficitur tellus, et maximus tortor leo a tellus. Aenean dapibus velit eu quam elementum lacinia. Curabitur at lectus arcu. Etiam dictum elit id eros auctor, nec consectetur urna mollis. Nam porttitor, neque vitae tincidunt sollicitudin, sapien magna sollicitudin lorem, ac tincidunt erat libero id est. Donec porta facilisis enim, sit amet scelerisque enim bibendum nec. Vivamus et malesuada massa, tincidunt porttitor dui. Cras et felis sed justo lobortis condimentum. Sed auctor ligula vel mattis bibendum. Integer euismod mauris sed malesuada consequat. Nam varius metus eget neque euismod, et bibendum magna eleifend. Donec lacinia ut orci nec scelerisque. Nam congue, orci vel finibus tempus, urna lectus viverra urna, quis scelerisque ante justo nec metus. Donec eget ante ac libero pulvinar eleifend.

This news article from ExGen Resources Inc. and Mountain Boy Minerals Ltd. provides updates on their DOK project in northern British Columbia. The terms of the option state that Mountain Boy may acquire a 60% interest in the DOK claims by January 2026 for $230,000, 1,500,000 shares to ExGen and spending $2,500,000 on the DOK claims. Assays from drill holes DOK2023-02 and DOK2023-03 confirm a large copper-gold porphyry system. Key figures include a 700m step out from drill hole DOK2023-01 and the 3DIP Geophysical guidance for the next round of drilling. Floor samples from the Dok Option property are being analyzed by ALS Canada Ltd for detailed results.



Read more: EXGEN: DOK Project Drill Results