#PistolBayMining $PST Plans 2018 #Drilling #Program in Confederation Lake

Pistol Bay (TSX.V-PST) announced 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 Confederation Lake volcanic massive sulphide belt.”

Three drill holes of at least 500 metres each are planned to further test the Arrow Zone, and to retrieve core for preliminary metallurgical testing.  The Arrow Zone 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% zinc eq.)

Additionally, the Company plans to survey the older drill holes on the Arrow Zone, which were drilled by Noranda in 1997 and 1998, using a gyro or similar method, to accurately determine hole deviation.  Collars of all holes on the Arrow zone will be surveyed by differential GPS to determine their precise location and the initial azimuth.  These new and precise measurements will allow more precise positioning of drill intercepts and will ultimately lead to a higher level of confidence in the mineral resource.

Approximately 10 diamond drill holes totaling approximately 2,000 metres will test the Fredart “A” zone (also referred to as the Copperlode “A” zone).  A historical resource estimate made in 1971 for the Fredart “A” zone, based on diamond drilling in the 1960s, was 386,000 tonnes grading 1.56% copper and 33.6 g/t silver, or alternatively 219,500 tonnes at 1.95% copper and 41.8 g/t silver.  Neither of these estimates conforms to any class of mineral resource or mineral reserve defined by the 2014 CIM guidelines.

Although the first five holes in 1965 were assayed for gold with results up to 1.2 g/t Au, the remaining 76 holes were not assayed for gold.  Four of the highest grade and widest drill intercepts on the Fredart “A” zone were:

DDH 65-03: 1.83 metres @ 5.24% Cu and 170.45 g/t Ag

DDH 66-11: 6.61 metres @ 3.37% Cu and 159.52 g/t Ag

DDH 66-15: 17.53 metres @ 2.54% Cu and 45.72 g/t Ag

DDH 66-18: 46.21 metres @ 1.18% Cu and 51.11 g/t Ag

Intersection lengths are core lengths; true widths are not known.  Sampling, assaying, security and QC protocols are unknown.

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.

#RioTinto Exercises #Option for #PistolBayMining $PST C-Block #Uranium #Properties

Pistol Bay (TSX.V-PST)  has entered into an amending and final agreement with Rio Tinto Canada Uranium Corp. (”RTCUC” or “Rio Tinto”), 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 Rio Tinto, which has earned a 75-per-cent interest to date.

Under the 4th amending and final agreement, Rio Tinto will acquire an additional 25% interest in the Property (thereby increasing its aggregate interest to 100%), by making a cash payment of $1,000,000 to Pistol Bay within 14 days from the effective date of this final agreement.  As part of this final agreement, no royalty is granted to Pistol Bay with respect to the property under the agreement.

@EllisMartinRprt #TriumphGoldCorp TSXV$TIG $TIGCF #Interview with Chairman, John Anderson #Gold #Copper #Yukon

Ellis Martin interview with Chairman of Triumph Gold Corp, TSXV$TIG $TIGCF, John Anderson:

#Gold #Copper #Yukon


PB #Blockchain $PST Announces “HashDrop” #Blockchain #Application

Pistol Bay Mining Inc. (TSX-V – PST; Frankfurt – OQS2) (“Pistol Bay” or the “Company’) is pleased to give an update on the development of our subsidiary, PB Blockchain Inc. (see news release dated November 15, 2017.) 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 (API) companies to build a suite of blockchain products to address needs that are particular to the data management and security of mining/oil and gas companies. It is expected that many of these blockchain products could have crossover to other industries.

Charles Desjardins, President and CEO of PB Blockchain, is pleased to report that our development team is creating our own application named “HashDrop”. This will be accomplished by utilizing existing blockchain solutions to create a secure platform for parties to manage and update digital assets and documents within their data centers while providing trusted transactions with full confidence in the principle of the information being shared or accessed.

It is a secure, comprehensive, and unalterable platform that eliminates the time and costs of document sharing and assembly. It enables the organization to better coordinate compliances, deliver information efficiently, and trade digital assets securely. With a wide range of device types, our platform adapts to various device configurations.

Our easy to use interfaces are backed by the infrastructure behind the scenes to ensure fast, reliable uploads, downloads, and sharing. Our team who is creating HashDrop will continue to evolve the product and architecture to ensure speed data transfer and improved reliability.

The framework of our HashDrop application will be as follows:


Designed with multiple levels of protection covering:

  • Data transfer
  • Encryption
  • Network configuration
  • Application-level controls all distributed across a scalable, secure infrastructure

Platform Objectives

  • A secure platform for users or parties to manage and update digital assets and documents
  • Integrate with Ethereum blockchain for logging all digital assets, data, and documents
  • Validate and allow transfer of ownership of the digital assets


  • Different levels of authority access
  • Login/register using email and password


  • Parties can share and manage digital assets anywhere with internet access – with the utilization of public blockchain, information is shared under a fast and secure environment

Search Function

  • Authorized members are able to search for all data & digital assets that are uploaded on to the blockchain platform through our user-friendly interface
  • Our HashDrop application will communicate with the secured database that is synced with the blockchain, where uploaded data & digital assets are recorded

Quality Control

  • Documentation errors are the No.1 source of defects and generate excessive costs and time
  • Our platform eliminates duplicate documents, lost documents, document issues, and exceptions

Due Diligence

  • Whether it is file transfer or trade of digital assets, the costs will be significantly reduced to all parties to review and audit the documents and data associated with the transaction

Sharing Permissions

Administration will have comprehensive control of:

  • The team sharing abilities
  • Whether members can share files and folders with people within the company
  • Whether members can edit folders owned by people within the company
  • Whether members can create file request and collect files from other members of the company
  • Whether members can view and make comments on files

#TriumphGoldCorp TSXV$TIG $TIGCF #Discovery of Two New #Gold Showings on 100% Owned Andalusite Peak #Property, #BritishColumbia

Triumph Gold reports results of prospecting and geological mapping on the Andalusite Peak property. Highlights of exploration include:

  • Discovery of two new gold-silver-copper occurrences, the Julep and the Gentleman vein:
      • The Julep showing consists of a feldspar porphyritic mafic intrusion with disseminated clots and veins of tetrahedrite, chalcocite and secondary malachite and azurite.  It was grab sampled in two locations 21 metres apart.  Sample E446453 graded 1.18 grams/tonne (g/t) Au, 11.2 g/t Ag and 1.135% Cu, sample E446454 graded 21.1 g/t Ag and 2.72% Cu. The size and geometry of the showing was not fully mapped, and it remains open.
      • The Gentleman vein consists of an up to 20 cm thick chalcopyrite rich quartz-carbonate-magnetite-sulfide vein, with strongly altered and mineralized selvages.  The vein was grab sampled in two locations 17 metres apart: Sample I044403 graded 1.84 g/t Au, 17.3 g/t Ag and 2.25% Cu, Sample E446455 graded 0.459 g/t Au, 2.4 g/t Ag and 0.163% Cu.  The vein was identified where it crosses a mountain-top saddle.  It remains open to the northwest and southeast.
  • Alteration mapping, aided by the collection and analysis of 67 near-infrared reflectance (TerraSpec) samples, verified that the property has been affected by intense phyllic to advanced argillic alteration over an approximately 2 X 2 km area, constituting one of the largest and most intense alteration zones in northern British Columbia.

go to: www.triumphgoldcorp.com for complete news release

#TriumphGoldCorp TSXV$TIG $TIGCF to #Exhibit at #AME2018 #RoundUp #Core #Shack

Triumph Gold TSX.V-TIG OTCMKTS: $TIGCF will be exhibiting at the AME BC Roundup Core Shack on Wednesday, January 24 and Thursday, January 25. The conference is being held at the Vancouver Trade and Convention Centre West, 1055 Canada Place, Vancouver, BC.

Triumph Gold will be displaying drill core from its 2017 Freegold Mountain project, Yukon at booth number 816.

#TriumphGoldCorp TSXV$TIG $TIGCF Reports #Results from #Drilling at Nucleus #Gold #Silver #Copper #Deposit #Yukon

  • Results from 4,685 metres of diamond drilling in sixteen holes targeting the Nucleus Au-Ag-Cu deposit area:
  • Three high-grade gold intersections:
  • 5 g/t Au over 1.5 metres in N17-02 (174.50 – 176.00m).
  • 35 g/t Au and 7.3 g/t Ag over 1.44 metres in N17-07 (132.46 – 133.90m)
  • 2 g/t Au over 1.1 metres in N17-12 (111.00 – 112.10m)
  • Six infill drill holes tested underexplored portions of the Nucleus resource area where there are significant gaps in the current resource block-model. Each intersected zones of gold mineralization with grades that exceed the deposit average (0.544 g/t Au at a 0.3 g/t AuEq* cutoff), including:
    • 9 meters of 1.545 g/t Au in N17-02 (173.1 – 195.00m)
    • 14 meters of 0.799 g/t Au and 0.137% Cu in N17-03 (47.86 – 90.00m)
    • 14 meters of 2.696 g/t Au in N17-07 (126.86 – 138.00m)
    • 73 meters of 1.797 g/t Au in N17-12 (99.00 – 116.73m)
    • 00 metres of 0.701 g/t Au also in N17-12 (212.00 – 242.00m)
  • Five step-out drill holes that tested for extensions of Nucleus mineralization to the north, south and east of the current resource area intersected zones of gold mineralization that exceed the 0.3 g/t AuEq* cutoff grade of the deposit including:
    • 00 metres of 1.005 g/t Au in N17-01 (165.00-177.00m)
    • 20 metres of 0.485 g/t Au and 0.185% Cu in N17-06A (66.80 – 96.00m)
  • N17-10, which tested a previously undrilled 1.0 X 0.7 kilometre chargeability anomaly that lies north of the current Nucleus resource, bottomed in mineralization:
    • 53 metres of 0.513 g/t Au (453.00 – 474.53m) including 9.53 metres of 1.089 g/t Au (465.00 – 474.53m).
  • Paul Reynolds, Triumph Gold Corp.’s President and CEO, comments: “Drilling at Nucleus in 2017 established the potential for increasing the size and grade of the Nucleus resource through infill and step out drilling. Every hole that was drilled within the resource shell intersected broad zones of gold mineralization with grades that exceed the deposit average. In addition, six new drill holes in the underexplored southern portion of the resource demonstrated remarkable continuity of previously poorly understood gold-bearing structures, which we now feel confident and excited, to drill in broad step outs beyond the current resource shell.”

go to: www.triumphgoldcorp.com for full news release

#TriumphGoldCorp TSXV$TIG $TIGCF Definition of a 1.8 x 0.75 km Soil #Anomaly along #Strike of the #Tinta Au-Ag #Deposit and #Discovery of #Gold Bearing #Quartz #Veins in Six #Trenches Over 700 metres #Strike Length within the #Anomaly

Summary of November 20, 2017 Press Release for @TriumphGoldCorp TSXV$TIG $TIGCF  

  • Recent soil sampling defined a 1.8 x 0.75 km multi-element (Au, Cu, Pb, Zn, As, Bi, Sb) soil anomaly.

Highlights of exploration at Tinta include:

  • A 1.8-km-long multi-element soil anomaly, open to the northwest, along strike of the Tinta Au-Ag deposit has been defined.
  • The anomaly has a higher concentration of samples with elevated pathfinder elements (As, Sb, Bi) than the area surrounding the Tinta vein deposit and a similar concentration of samples with elevated gold, but over an area twice the size.
  • Within the 1.8-km-long soil anomaly, a 700-metre-long section was tested with seven trenches. Six exposed multiple clay-altered or silicified zones with mineralized quartz-chalcedony-carbonate-sulphide vein networks.
  • The Tinta Au-Ag-Cu-Pb-Zn deposit has an inferred resource of 2.16 million tonnes grading 1.89 g/t Au, 54.9 g/t Ag, 0.27% Cu, 0.99% Pb and 1.41% Zn (December 15, 2014). Follow-up exploration in 2017 included:
  • an expanded soil geochemistry grid with 993 samples collected over 8 sq. km, and
  • 560 metres of excavator trenching within the coincident anomalies defined by the 2016 survey.
    • The 2017 soil grid expanded the length of the 2016 soil anomaly from 900 to 1,800 metres. In addition, the 2017 soil survey covered the area around the Tinta vein to provide a better basis for comparison between geochemistry of soils in the new anomaly and soils surrounding the existing deposit.

Discussion of Results:

Results from the 2016 and 2017 soil sampling survey show a strong multi-element anomaly along strike of the Tinta vein deposit, with an approximately 500 metre gap between the vein and the newly defined 1.8-km-long anomaly.  The geological model of a pinching and swelling vein structure may adequately explain the absence and then re-occurrence of the soil anomaly along strike of the Tinta vein.  The new soil anomaly covers twice the area of the one defined around the Tinta vein.

Trenching within the soil anomaly tested less than half of the total length of the anomaly, and uncovered altered, veined and mineralized rock in six of seven trenches.

  • Paul Reynolds, Triumph Gold Corp.’s President and CEO comments: “The Tinta Au-Ag deposit is one of Triumph Gold’s higher grade and underexplored resources. Identifying an along-strike soil anomaly that is twice the size of the anomaly surrounding the current resource area is very exciting.  If it is an extension of the Tinta vein system, it could dramatically affect the size of the resource.  We look forward to testing the new anomaly with more trenching and follow-up drilling in 2018 and exploring to the northwest where the anomaly remains open.”

For complete press release go to:  www.triumphgoldcorp.com

#TriumphGoldCorp TSXV$TIG $TIGCF #Discovery of High-Grade #Gold in Least-Explored Portion of the Revenue #Deposit Including a 7-metre Interval Grading 15.0 g/t #Gold

Summary of November 15, 2017 Press Release for #TriumphGoldCorp:

Triumph Gold Announces Discovery of High-Grade Gold in Least-Explored Portion of the Revenue Deposit Including a 7-metre Interval Grading 15.0 grams/tonne Gold

  • Exploration drilling in an underexplored portion of the Revenue soil anomaly intersected high-grade gold mineralization in granite south of the Revenue diatreme.
    • Visible gold over a 5-metre interval (129 – 134 m).
    • Contained within a 7-metre interval (129 – 136 m) of gold-silver-copper mineralization with a length*** weighted grade of 15.0 grams/tonne (g/t) gold (see below).
    • Including a 1-metre interval (129 – 130 m), re-assayed three times, grading between 45.0 and 81.3 g/t gold.
    • The 1.2 X 0.5 km soil anomaly between Whirlwind Pup and Revenue Creek has seen less drilling that any other area near the Revenue diatreme. Limited historical exploration documented significant concentrations of gold in the Klaus and Guder zones, including:
      • Trench samples in the Klaus Zone grading up to 32.98 g/t Au over 20 cm; 14.3 g/t over 1 m, and 3.67 g/t over 1 m;
      • Trench samples in the Guder Zone grading up to 20.24 g/t Au over 6.1m.
    • Other Notable Intersections in RVD17-14
      • In addition to the high-grade gold intersection in RVD17-14 there were also two other notable mineralized intervals:
  • 79 m of 0.46 g/t AuEq in rocks and polyphase porphyry veining and potassic alteration at the contract between granite country rock and the Revenue diatreme.
  • 6 m of 0.73 g/t AuEq in sulfide-matrix hydrothermal breccia within the Revenue diatreme.
  • Paul Reynolds, Triumph Gold’s President and CEO comments “We have only just begun to explore this highly prospective area, which hasn’t been drilled since 1984, and with our very first hole we intersected the highest-grade gold ever found at Revenue. The discovery of coarse gold in RVD17-14 is especially compelling because of its location in the headwaters of Revenue Creek, one of the Dawson Range’s most renowned placer creeks.

See: www.triumphgoldcorp.com for complete press release