Pistol Bay Mining Inc. is pleased to announce that it has signed a definitive asset purchase agreement with Trillium Gold Mines Inc., dated November 22, 2020. Pursuant to the terms and conditions of the Agreement, Trillium will acquire a 100% interest in certain Confederation Lake Properties, consisting of nearly 15,000 hectares, from Pistol Bay for consideration of $500,000 in cash and Trillium common shares valued at [...]
Pistol Bay Mining Inc. OTC/Pink Sheet symbol has refiled its Consolidated Financial Statements for the years ended May 31, 2020 and 2019 which were filed on SEDAR on September 28, 2020 to correct a typographical error on the Consolidated Statement of Financial Position. The deficit amount in the Consolidated Statement of Financial Position for the year ended May 31, 2020, was incorrectly read as $24,830,475 when it should [...]
Pistol Bay Mining Inc. announces that it has agreed to amend, subject to the approval of the TSX Venture Exchange, the expiry date of 7,110,000 transferable share purchase warrants , that were issued by way of a private placement May 28, 2019 by extending the expiry date to November 28, 2022. The exercise price will remain at $0.06 per transferable share purchase warrant. About Pistol Bay Mining Inc. Pistol Bay Mining[...]
Pistol Bay Mining Inc. is pleased to announce that field crews have mobilized to the Icefield Gold Project, located in southeastern British Columbia, for a Phase I surface reconnaissance and verification exploration program. The Project consists of three distinct properties totalling 6,752 ha - Punch Bowl, Vertebrae, and Gold Mountain - and covers portions of an approximately 90 km long trend with highly anomalous gold [...]
Pistol Bay Mining Inc. is pleased to report that it has entered into an arm's-length letter of intent, with DG Resource Management Ltd., whereby the Company may acquire a 100-per-cent undivided interest in the Icefield Gold Project, located north of the community of Golden, British Columbia. The Project consists of three distinct claim groups totalling 6,752 ha; Punch Bowl, Vertebrae, and Gold Mountain. The Project covers [...]
Pistol Bay Mining Inc. 1 announces that pursuant to its stock option plan, the Company has granted incentive stock options to certain directors, officers, consultants and employees to purchase a total of 2,750,000 common shares in the capital stock of the Company, exercisable for a period of five years at a price of $0.05 per share. About Pistol Bay Mining Inc. Pistol Bay Mining Inc. is a diversified Junior Canadian [...]
Pistol Bay Mining Inc. is very pleased to report that it has submitted an application for permits for the Joy property in Red Lake. Ontario. The Company has submitted an application for Early Exploration Permit/Plan on its 3155hectare Joy group of claims in the Confederation Lake greenstone belt east of Red Lake, Ontario. The property is 22 kilometres east of the Dixie property of Great Bear Resources Ltd. Before a permit [...]
Pistol Bay Mining is very pleased to provide this Corporate Update on the Company's activities. Due to widespread interest generated by the recent gold discovery at Dixie Lake by Great Bear Resources Ltd., Pistol Bay has had numerous inquiries regarding the Company's properties in the Confederation Lake greenstone belt, southeast of Red Lake, Ontario. In response, the Company is providing this brief update of the [...]
Pistol Bay Mining is very pleased to report that Infinite Ore Corp. has completed its recently expanded 10 hole drill program on the Fredart property located in the prolific Red Lake Mining District. The Fredart property is 100% owned by Pistol Bay. Pursuant to an option agreement entered into between Infinite Ore and Pistol Bay, dated February 03, 2020, Infinite Ore has an option to earn up to an 80% undivided interest [...]
Pistol Bay Mining is very pleased to announce that Infinite Ore Corp. plans to double its current 5 hole drill program to 10 holes on the Fredart Property located in the prolific Red Lake Mining District. The Fredart Property is 100% owned by Pistol Bay. Pursuant to an option agreement entered into between Infinite Ore Corp. and Pistol Bay, dated February 03, 2020, Infinite Ore Corp. has an option to earn up to an 80 [...]
Pistol Bay Mining Inc. ; , is very pleased to provide an update on the recently announced 1,500 m diamond drill program by Infinite Ore Corp. currently underway at the Fredart Property in Red Lake, Ontario. The Fredart Property is 100% owned by Pistol Bay. Pursuant to an option agreement entered into between Infinite Ore Corp. and Pistol Bay, dated February 03, 2020, Infinite Ore Corp. has an option to earn up to an 80 [...]
Pistol Bay Mining is pleased to announce that Infinite Ore Corp. will commence their initial 1,250 metre diamond drilling program on Pistol Bay's 100% owned Fredart Property in the Red Lake Mining District. Pursuant to an option agreement entered into between ILI and Pistol Bay, dated February 03, 2020, ILI has an option to earn up to an 80% undivided interest in the Pistol Bay Property. The phase one diamond drilling [...]
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