Pistol Bay Mining Inc. (TSX-V:PST) (Frankfurt:OQS2) (OTC Pink:SLTFF) 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 massive sulphide deposit, which was the subject of a 43-101 report in 2017 that presented an inferred mineral resource of 2,100,000 tonnes grading 5.78% zinc, 0.72% copper, 0.60 grams per tonne (g/t) gold and 19.5 g/t silver. (8.42 Zn.Eq.)
Following is a selection of drill intersections from previous diamond drill holes on the Arrow Zone by Noranda Exploration in 1997-1998 and Tribute Minerals Inc. in 2004-2007.
|Cu%||Zn%||Ag g/t||Au g/t|
Following drilling on the Arrow Zone, the drill will move to the Fredart Zone, which was drilled in the 1960s and contained copper mineralization of VMS type with associated silver values. Only the first four holes were assayed for gold.
The technical information in this news release was prepared and/or reviewed by Colin Bowdidge, Ph.D., P.Geo., a Qualified Person as defined in National Instrument 43-101.
About Pistol Bay Mining Inc.
Pistol Bay Mining Inc. is a diversified Junior Canadian Mineral Exploration Company with a focus on zinc and base metal properties in North America. The company has also created a subsidiary for resource driven blockchain applications. For additional information please visit the Company website at www.pistolbaymininginc.com or contact Charles Desjardins at email@example.com.
Equity Metals Corporation (TSX-V: EQTY) reports thick intercepts ... READ MORE
Freegold Ventures Limited (TSX: FVL) (OTCQX: FGOVF) is pleased to... READ MORE
Sitka Gold Corp. (CSE: SIG) (FSE: 1RF) (OTCQB: SITKF) is pleased... READ MORE
Appia Rare Earths & Uranium Corp. (CSE:API) (OTCQB:APAAF) (Ge... READ MORE
Starr Peak Mining Ltd. (TSX-V: STE) (OTCQX: STRPF) is pleased ... READ MORE
We acknowledge the [financial] support of the Government of Canada.