VANCOUVER, British Columbia, March 22, 2018 -- Pistol Bay Mining Inc. is pleased to announce that it has commenced its planned 3,500-metre diamond drilling program on its 51,000-acre Confederation Lake property in northwestern Ontario. The first three drill holes, of approximately 500 metres each, will test the Arrow Zone, and the core will be used for preliminary metallurgical testing. The Arrow Zone is a volcanogenic [...]
VANCOUVER, British Columbia, March 12, 2018 -- Pistol Bay Mining Inc. is pleased to announce that the Company has signed a contract for a minimum of 3,000 metres of diamond drilling on its Confederation Lake property in northwestern Ontario. The property now covers an area of approximately 20,700 hectares or 51,000 acres. Three drill holes of approximately 500 metres each are planned to further test the Arrow Zone, and to [...]
VANCOUVER, British Columbia, Feb. 22, 2018 -- Pistol Bay Mining Inc. is pleased to announce that it is currently soliciting and reviewing bids from drilling contractors for the rights to drill the Company’s Confederation Lake greenstone belt VMS properties. A decision is expected shortly, and drilling is planned to commence March 2018. Pistol Bay has received the one million dollars from Rio Tinto for the uranium [...]
VANCOUVER, British Columbia, Feb. 15, 2018 -- Pistol Bay Mining Inc. is pleased to announce that it plans to commence a 2018 drilling program on it’s Confederation Lake greenstone belt in the very near future. Charles Desjardins, President and CEO of Pistol Bay, commented, “After the company’s very encouraging VTEM plus survey in 2017, we are excited to commence the next stage of development of [...]
VANCOUVER, British Columbia, Feb. 13, 2018 -- Pistol Bay Mining Inc. is pleased to report that the Company has entered into an amending and final agreement with Rio Tinto Canada Uranium Corp. , with regard to the C 4, 5 and 6 Uranium properties, whereby Rio Tinto will make a final cash payment of $1,000,000 to Pistol Bay. The C block of Uranium properties, located in the Athabasca Basin of Saskatchewan, is under option to [...]
Pistol Bay Mining is pleased to give an update on the development of our subsidiary, PB Blockchain Inc. This wholly owned subsidiary is focused on blockchain applications for mining and resource company management. We will be leveraging the work of other Application Program Interface companies to build a suite of blockchain products to address needs that are particular to the data management and security of mining/oil and [...]
VANCOUVER, British Columbia, Jan. 10, 2018 -- Pistol Bay Mining Inc. is pleased to announce that it has entered into an option agreement with an arm’s length vendor to acquire a 100% interest in the Mitchell, Gerry Lake and Karas Lake Properties, located in the Karas Lake Area, Red Lake Mining Division, Ontario . Fly-Moth Map The Property consists of 33 mining claims, comprising 232 claim units, and covering [...]
VANCOUVER, British Columbia, Dec. 20, 2017 -- Pistol Bay Mining Inc. is pleased to announce that PB Blockchain Inc., a Pistol Bay Mining Inc. wholly owned subsidiary, is pleased to welcome Brad Moynes to its advisory board. Mr. Moynes is the founder of DigaTrade Financial Corp , which launched its digital assets exchange on July 1st, 2015. Along with his accomplishments in the Bitcoin early entry into the Cryptocurrency [...]
VANCOUVER, British Columbia, Nov. 15, 2017 (GLOBE NEWSWIRE) -- Pistol Bay Mining Inc. (TSX-V:PST) (Frankfurt:OQS2) (“Pistol Bay” or the “Company’) is pleased to announce that the Company is in discussions to create a wholly owned subsidiary focused on blockchain applications for mining and resource company management. Pistol Bay will be leveraging the work of other Application Program Interface [...]
Pistol Bay Mining is pleased to announce that it has closed a non-brokered private placement financing for total gross proceeds of $336,600. The Company has allotted and issued 3,960,000 units (the "Units") at a price of $0.085 per Unit. Each Unit is comprised of one common share and one transferable share purchase warrant, with each warrant entitling the holder to purchase one additional common share of the Company for a [...]
VANCOUVER, BC / ACCESSWIRE / March 28, 2017 / Pistol Bay Mining Inc. (OTC PINK: SLTFF) (TSX-V: PST) (FSE: OQS2) ("Pistol Bay" or the "Company") is pleased to report that the Company has entered into an amending agreement with Rio Tinto Exploration Canada Inc. ("RTECI" or "Rio Tinto"), with regards to the C 4, 5 and 6 Uranium properties, whereby Rio Tinto will make an initial cash payment of $750,000 to Pistol Bay. The C [...]
Vancouver, British Columbia--(Newsfile Corp. - February 22, 2017) - Pistol Bay Mining Inc. (TSXV: PST) (FSE: OQS2) ("Pistol Bay" or the "Company") is pleased to announce that the vendor of the Joy North Property (see news release dated February 16, 2017) has supplied the Company with a package of historical data on exploration in the Confederation Lake greenstone belt in the 1960s and 1970s, much of which has never been [...]
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