Pistol Bay Hires Dahrouge Geological Consulting for Confederation Lake
28 Junho 2018 - 10:20AM
Pistol Bay Mining Inc. (TSX-V:PST) (Frankfurt:OQS2) (OTC/Pink
Sheet:SLTFF) (“Pistol Bay” or the “Company’) is pleased to give an
update on Confederation Lake in Ontario.
Charles Desjardins, President and CEO of Pistol
Bay, is pleased to inform shareholders that the company has
retained Dahrouge Geological Consulting Ltd. to undertake a
comprehensive review of current and historic exploration work of
the Confederation Lake Project. Sustained exploration for base
metals began at the Confederation Lake Project during the 1950s
with over 560 drill holes completed to date, leading to the
discovery of numerous VMS occurrences. A thorough review of current
and historic exploration will provide for valuable guidance in
expanding upon known mineralization, and testing both new and under
explored targets.
This work will include:
- Compilation of historical drilling,
- Integration of current and historic drill results with the
recently completed VTEM survey,
- Identify relevant geological and geophysical characteristics of
the known mineralization to guide future exploration and
“discovery” oriented work,
- Compilation of the drilling near known deposits (along-strike
or at-depth) to assist in identifying new zones or extensions to
known mineralization. This work could have potential to add tonnage
of the Arrow Zone or other smaller, high-grade zones like Dixie-3,
Dixie-10, Copperlode (Fredart) or Diamond-Willow, and
- Sub-contract and manage a detailed interpretation of the
airborne EM. Work would be to create 3D “plate” models of the EM to
integrate with the 3D drill hole data.
The technical information in this news release
was 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. For additional information please visit the
Company website at www.pistolbaymininginc.com or contact Charles
Desjardins at pistolbaymining@gmail.com.
On Behalf of the Board of Directors
PISTOL BAY MINING INC.
"Charles
Desjardins"
Charles Desjardins, President and Director Neither the TSX Venture
Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
Cautionary note:
This report contains forward looking statements.
Resource estimates, unless specifically noted, are considered
speculative. Any and all other resource or reserve estimates are
historical in nature and should not be relied upon. By their
nature, forward looking statements involve risk and uncertainties
because they relate to events and depend on factors that will or
may occur in the future. Actual results may vary depending upon
exploration activities, industry production, commodity demand and
pricing, currency exchange rates, and, but not limited to, general
economic factors. Cautionary Note to US investors: The U.S.
Securities and Exchange Commission specifically prohibits the use
of certain terms, such as "reserves" unless such figures are based
upon actual production or formation tests and can be shown to be
economically and legally producible under existing economic and
operating conditions.
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