Pistol Bay Logo3Broad Oak Associates is providing a revised 43-101 compliant mineral resource for the Arrow Zone. The Arrow Zone is the most advanced mineralized zone on the 17,400 acres Confederation lake VMS project. The new resource estimate is not expected to differ by more than a few percent from the 2007 estimates.

Arrow Resource Estimate Table


@RioTinto to Provide $750,000 Cash Injection to @PistolBayMining $PST

Pistol Bay $PST has amended their agreement with Rio Tinto Exploration Canada with regard to the C4, 5 and 6 Uranium properties, whereby Rio Tinto will make an initial cash payment of $750,000 to Pistol Bay.

Under the amending agreement, Rio Tinto will acquire an additional 25% interest in the Property (thereby increasing its aggregate interest to 100%), by:

a) paying Pistol Bay $750,000 on or before April 17, 2017; and b) paying Pistol Bay one of the following payments:

i) $1,500,000 on or before 31 December 2017; ii) $2,000,000 on or before 31 December 2018; or iii) $2,250,000 on or before 31 December 2019.

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@dynaCERT $DYA $DYFSF Announces $2.7M in #Sales, New Product Developments and Results of 2017 AGM

dynaCERT $DYA $DYFSF announced new purchase orders for over 430 HydraGENTM units exceeding $2.7 million in sales. Purchase orders for the year-to-date exceeds 700 units, resulting in total gross sales of over $4.5 million.

At the AGM, the company unveiled a 3-D image of a new produce prototype, the HG-2 (HydraGENTM or HG-2) which is specifically designed for the refrigerated container (reefer) market. In connection with this initiative, Domenic Macri, GM of #Loblaw Transport, #Ontario was present at the AGM. #Loblaw has installed units on four of their Class 8 trucks and delivered one of their reefer trailers for testing of the new HG-2 unit.

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All incumbent directors were re-elected as Directors of the Company. The Company granted a total of 300,000 stock options to the CFO, which vest immediately and set at an exercise price of $0.94 for a period of five years.

@PistolBayMining $PST Acquires Additional Ground at Confederation Lake-Gold, as well as Zinc-Copper Historic Drill Holes

Pistol Bay Logo3Pistol Bay $PST has optioned two additional claim groups in the Confederation Lake greenstone belt, Ontario which brings their land position in this belt to approximately 9,450 ha over a 53 km length of favourable volcanic geology.

The two claim groups are called Lucky 7 and Moth groups. The Lucky 7 covers a number of mineralized zones which adjoin the Garnet Lake and Garnet East claim groups. A copper-gold sulphide zone, which apparently grades into a siliceous gold zone at its eastern end, was stripped and drill tested in 2002 by Kings Bay Gold Corp. A zone of massive to disseminated sulphides has been trenched but apparently never drilled.

The Moth group of 10 claims comprises 85 units over 1,360 ha and covers a 5.5 km length of favourable geology and its north boundary is only 2 km from former producing South Bay mine.The area was extensively explored between 1970 and the mid 1990s, with at least 14 diamond drill holes. Widespread hydrothermal alteration was noted and there were numerous indications of zinc and/or copper mineralization.

@TriumphGoldCorp $TIG $NFRGF Retains IR Pro Communications Inc. for Investor Relations Services

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Triumph Gold $TIG $NFRGF retained IR Pro Communications Inc. for investor relations and corporate communications activities.

Triumph has agreed to pay IRPC a monthly fee of C$3,500 plus GST on a one year term.


$PST @PistolBayMining Closes #Financing

Pistol Bay closed a non-brokered private placement financing for total gross proceeds of $548,436.89, issuing 5,566,126 NFT units at a price of $0.07 per NFT unit and 1,764,534 FT unit at a price of $0.09 per FT unit. Gross hard dollars raised is $389,628.83 and FT dollars is $158,808.06.

The FT units are one common share and 1/2 share purchase warrant with each whole warrant priced at $0.15 for a period of up to 18 months.

Finder’s fees of $9,580 were paid and 50,000 finder’s warrants issued.

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@TriumphGoldCorp $TIG $NFRGF Announces Results of AGM

Incumbent directors John Anderson, Paul Reynolds, Joe Campbell and Marco Strub were re-elected to the board of directors. Gregory Sparks was elected as a new director and previous directors Bill Harris and Greg Johnson did not stand for re-election.

Greg Sparks is a registered Professional Engineer and currently the Managing Director-Metals of John T. Boyd Company Mining and Geological Consultants. He has over 40 years of diverse experience relating to surface and underground mines and plants.

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dynaCERT $DYA $DYFSF Extend Voluntary Lock-Up Agreement; Increases to Over 72 M Shares and it Strengthens Management Team

dynaCERT has extended the formal strategic Voluntary Lock-Up Agreement and increased from 55M shares to over 72M shares. The extended lock-up period is to July 31, 2017.

Ms. Yumey Fernandez, CFO & Corporate Secretary, has resigned due to personal reasons. Mr. Terrence MacDonald, CPA, CA has been appointed the new CFO & Corporate Secretary. Mr. Khoa Tran, B.A., has joined the dynaCERT team as the Director of Finance.

dynaCERT has received approval from The Depository Trust Company (“DTC”) of New York, NY and is now DTC eligible under the symbol DYFSF.

@TriumpGoldCorp $TIG Announces C$6,272,640 #Financing #Goldcorp Acquires 19.9% of the Company

Triumph Gold Corp. TSXV-TIG announced that it has completed a private placement financing of 11,880,000 flow through shares of Triumph (the “Offering”).  The Offering was sold at a price of $0.528 per share for proceeds of $6,272,640.  The private placement is part of a charity flow through arrangement through which Goldcorp Inc. (“Goldcorp”) was the end purchaser of the shares sold in the Offering.  As a result of the private placement Goldcorp now owns approximately 19.9% of the Company’s issued and outstanding shares.

John Anderson, Chairman of Triumph commented: “We are very pleased to welcome Goldcorp as a Triumph shareholder.  We view this investment as a validation of our exploration philosophy and look forward to working with Goldcorp’s technical team as we continue to advance the Freegold Mountain project.”

Goldcorp has the right to maintain its pro rata ownership percentage in the Company during future financings and the right (but not the obligation) to participate in any future equity financings to the extent required to allow Goldcorp to maintain its equity ownership interest in Triumph to a maximum of 19.9% of the issued and outstanding common shares.  Goldcorp will also have a 10 business day right of first refusal to match certain non-equity financing and tolling arrangements related to future exploration on the Company’s properties.

The proceeds of the Offering will be used for exploration at the Company’s Freegold Mountain project.  Work done in 2016 identified an early stage of porphyry-style mineralization at the Revenue and Nucleus deposits that had not been targeted during past exploration.  Based on that work, and the discovery of a new porphyry showing at the Generation Zone, four new exploration targets were defined and will be drill-tested during the 2017 field season.  In addition, the newly assembled (2016) technical team will evaluate other showings on the property using the same highly cost effect review techniques that were successfully applied to Revenue and Nucleus in 2016.

Triumph has been advised that Goldcorp acquired ownership of the 11,880,000 common shares of Triumph at a purchase price of $0.40 per common share for a total purchase price of $4,752,000.  The common shares acquired by Goldcorp represent approximately 19.9% of the issued and outstanding common shares of Triumph.  Prior to this acquisition Goldcorp did not own any securities of Triumph.  Goldcorp advises that it acquired the common shares for investment purposes and will evaluate its investment in Triumph from time to time and may, based on such evaluation, market conditions and other circumstances, increase or decrease shareholdings as circumstances require. The exemption relied on for the acquisition of the common shares is Section 2.3 of National Instrument 45-106 – Prospectus and Registration Exemptions. A copy of the Early Warning report to be filed by Goldcorp in connection with the acquisition will be available on Triumph’s SEDAR profile.  Goldcorp’s head office is located at Suite 3400 – 666 Burrard St. Vancouver, BC, V6C 2X8.

All securities issued in connection with this financing will be subject to a four month hold period expiring July 2, 2017 in accordance with applicable Canadian securities laws.  Upon completion of the private placement, the Company will have 59,694,537 common shares issued and outstanding.  No finder’s fees will be paid for the placement.

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@PistolBayMining $PST Options Joy North Property – Acquires Historic Data Set

Pistol Bay Mining TSXV-PST acquired a 100% interest in the Joy North Property, located in the Gerry Lake Area, approximately 50 km southeast of Red Lake, Ontario (the “Property”).

The Joy North Property consists of a single mining claim comprising 4 units (64 hectares), which has been held by the vendor continuously since 1992.  It covers a 1,000 metre long conductive zone, defined on the ground by a Horizontal Loop Electromagnetic (HLEM) survey.  A mobile metal ion (MMI) geochemical survey has indicated anomalies in zinc, copper and gold associated with parts of the conductor.  The stronger parts of the HLEM conductor also have more intense magnetic responses.

Pistol also announces 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 in the public domain.

Most of the historical data comprises diamond drill logs and ground geophysical survey maps from Selco Mining Company.   Selco carried out a series of extensive and intensive exploration programs over most of the Confederation Lake belt that resulted in the discovery of several occurrences of zinc-copper Volcanogenic Massive Sulphide (VMS) mineralization with associated silver and gold values.  The South Bay deposit was one of the first discoveries made by Selco, and it went into production in 1971.  Over the period 1971-1981, the South Bay mine produced 1,486,000 tonnes averaging 14.7% zinc, 2.3% copper and 121 g/T silver (see footnote).

A significant number of the Selco drill holes, and many of the survey maps were never filed for assessment.  The regulatory regime in Ontario at the time allowed mining claims to have a maximum of 5 years of assessment work, after which they would have been eligible to be leased; there was no incentive to report any excess work for assessment.  Further, many of the drill holes that Selco did file for assessment did not include assay data.

Over the next several weeks, Pistol Bay will be incorporating the newly available data into a digital database that includes drill information, geology, assays, rock chemistry and petrology and ground geophysics.  Consideration is being given to carrying out a new airborne electromagnetic and magnetic survey using current technology that can “see” deeper than earlier systems and can also better discriminate bedrock from overburden conductivity.

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