Vancouver, B.C. - June 11, 2020: Pistol Bay Mining Inc. announces a clarification of its diamond drilling release earlier today. The phase one diamond drilling program by Infinite Ore Corp.will commence within a week and aims to confirm and expand on the VMS mineralization zones, test for gold mineralization, and refine the Leapfrog 3D model. Pursuant to an option agreement entered into between ILI and Pistol Bay, dated [...]
Pistol Bay Mining Inc. ; ; is pleased to announce that it's 80% optioned out Fredart Property to Infinite Ore Corp. had an N43-101 geology report completed, as required by the TSX.V regulators, and has been submitted by Infinite Ore Corp. for review and approval. Infinite Ore Corp. plans drilling on this property. The Fredart property is located 61 km east of the town of Red Lake in northwestern Ontario, comprising 171 [...]
Pistol Bay Mining Inc. reports that it has option out 80% of its Garnet Lake / Arrow Zone and Fredart/Copperload A claims in the Red Lake Mining District to Infinite Lithium Corp. The Garnet Lake / Arrow Zone is part of Pistol Bay Confederation Lake land package that was acquired from Aurcrest. This land package is 2733 hectares and includes a substantial mineral deposit and a number of mineralized drill intersections [...]
Pistol Bay Mining Inc. reports that it has optioned out 75% of its Dixie 17-20 claims in the Red Lake Mining District to Infinite Lithium Corp. The Dixie 17-18-19,20 properties consist of 67 claim units located in the Confederation Lake greenstone belt, 35 kilometres southeast of Red Lake, Ontario. The Confederation Lake belt is known to host numerous Volcanogenic Massive Sulphide occurrences and deposits. This property [...]
Pistol Bay Mining Inc. reports that it has negotiated an agreement expediting the option agreement with Aurcrest Gold Inc. which includes the Garnet Lake/ Arrow Zone and the Fredart/Copperload properties subject to the TSX approval. The Garnet Lake/Arrow Zone and the Fredart/Copperload properties both have NI43-101 resources. Pistol Bay negotiated an expedited agreement for the final 2 years of the option agreement for [...]
Pistol Bay Mining Inc. is pleased to announce that it has entered into an option agreement with an arm’s length vendor to acquired a land package in the James Bay Region of Quebec. The land package comprises of 1690 hectares and is located 12.5 kilometers South West of the recent Azimut Exploration discovery. This property is on strike on the same greenstone belt as the recent Azimut Exploration Inc. discovery. The [...]
Pistol Bay Mining Inc. is pleased to announce exploration plans for its upcoming work programs at its Joy Trend properties located approximately 25 kilometers north-east of Great Bear Resources Ltd.’s Dixie project near Red Lake, Ontario. Recent VMS-related exploration success by BTU Metals Corp. continues to demonstrate the value of Pistol Bay’s long-standing, district-scale land position within the [...]
Pistol Bay Mining Inc. reports that it will not be proceeding with the 100% option on the Pakwash South property. Charles Desjardins, President & CEO of Pistol Bay stated, “The Company is excited about the additional prospects for gold in the vicinity of the recent Great Bear Resources discovery and have decided to concentrate its efforts in the New Year to its Pakwash North and Pakwash East properties." The Pakwash [...]
Pistol Bay Mining Inc. wishes to announce it has entered into an option agreement with 1544230 Ontario Inc. subject to TSX Venture Exchange approval, to acquire a 100% right, title and interest in and to 141 mining cells located in the Pakwash Lake Area in the Red Lake Mining District, Ontario. The 7130-acre properties are located east and south of Great Bear Resources recent discovery. Charles Desjardins, President & CEO [...]
Pistol Bay Mining Inc. is pleased to announce, subject to the approval of the TSX Venture Exchange, it has entered into an option agreement whereby Belmont Resources Inc. will option from Pistol Bay its Fredart-Gerry Lake properties in Red Lake, Ontario. Fredart/Gerry Lake Property Acquisition -Red Lake Mining Division Pistol Bay is pleased to announce that they have entered into a mineral property acquisition agreement [...]
Pistol Bay Mining Inc. wishes to announce it has entered into an option agreement with Northbound Capital, subject to TSX Venture Exchange approval, to acquire a 100% right, title and interest in and to 104 mining cells located in the Cabin Bay Township in the Red Lake Mining District, Ontario. The 5,264-acre property is located southeast of Great Bear Resources' recent discovery. Charles Desjardins, President & CEO of [...]
Pistol Bay Mining Inc. wishes to announce that it has acquired a Vanadium project totaling 980 acres in Clark County, Nevada. Pistol Bay Mining Inc. has signed an agreement with arm's-length third parties to acquire, subject to TSX Venture Exchange approval, a 980 acre land package covering two properties known as the Vanadium Claims Group project. The VCG project is located in Clark County, Nevada; a historical mining [...]