@TriumphGoldCorp TSXV$TIG $NFRGF Announces #Drill #Results Demonstrating #Porphyry #Mineralization Over 2.85 km Strike Length, including 57m of 1.01 g/t #Gold and 0.285% #Copper in RVD17-13, and #Discovery of a New #Gold Showing

Triumph Gold LogoTriumph Gold Corp. TSXV$TIG $NFRGF announced that prospecting and step out drilling to the east and west of the Revenue diatreme have been rewarded with significant new discoveries including:

  1. High-grade gold-rich porphyry mineralization in multiple drill holes in the Blue Sky Zone (Figure 1, Table 1, Table 2), east of the Revenue diatreme, including identification of visible gold in RVD17-01, and 57m of 1.72 grams/tonne (g/t) AuEq* at 1.08 g/t gold and 0.285% copper in RVD17-13.
  2. A corridor of high-grade, gold-rich, porphyry style mineralization over a strike length of 450m (including RVD1-13, previous bullet point) that extends from the eastern edge of the Revenue diatreme northeast into the Blue Sky Zone. Mineralization is open to depth and to the northeast where it appears to increase in grade.
  3. Identification of a robust porphyry related hydrothermal system responsible for dense stockwork veining, phyllic and potassic alteration and copper-gold mineralization from surface to 603m depth in a single drill hole collared 1.4 km west of the Revenue diatreme in the Keirsten Zone.
  4. Discovery of a new gold showing (Happy Creek showing) on the far eastern side of the Revenue/Nucleus 5.5 X 2.0 km soil/geophysical anomaly, 400m east of any historical drilling and over 1 km east of the Revenue diatreme.  The showing is defined with surface grab samples that grade up to 5.77 g/t gold and a 236m drill intersection with a length*** weighted average gold grade of    0.238 g/t.

Triumph Gold completed 12,904m of diamond drilling in 35 holes during 2017.  Results from 17 holes totalling 7,632m have been released to date.  The remaining results will be released in the coming weeks.

 Table 1: Location and Orientation of 2017 Diamond Drill Holes Testing the Blue Sky and Keirsten Zones

Hole # Easting** Northing** Azimuth Inclination Depth (m)
RVD17-01 383110 6913099 028 -60 508.71
RVD17-02 383107 6913092 208 -60 490.73
RVD17-03 383286 6913321 198 -70 505.66
RVD17-06 383311 6912718 180 -50 367.28
RVD17-07 383551 6912845 180 -60 484.63
RVD17-09 383902 6912633 204 -50 420.03
RVD17-11 383259 6912085 270 -60 483.11
RVD17-13 383282 6913319 014 -65 452.63
KZ17-01 380483 6913717 000 -70 603.50

 Motivation for Step Out Drilling

A primary objective of the 2017 drill program near Revenue was to demonstrate through systematic step outs that the Revenue diatreme is part of a larger porphyry system.  The idea was tested with drilling at the Blue Sky and Keirsten Zones which extend approximately 1 km to the east and west of the Revenue diatreme, respectively (Figure 1).  The motivation for the broad expansion of the exploration target at Revenue was identification of porphyry style high-grade copper-gold-silver and molybdenum mineralization that predates diatreme emplacement, in drill holes adjacent to the Revenue diatreme (noted below and Figure 1).

  • RVD11-019: 70.48m (179.25 – 249.73m) 1.489 g/t Au, 0.219% Cu
  • RVD11-022: 55.45m (86.75 – 142.20m) 0.418 g/t Au, 0.191% Cu
  • RVD11-028: 162.36m (84.79 – 247.15m) 0.446 g/t Au, 0.218% Cu, 0.085% Mo.

While the diatreme is recognized as an exploration target itself, the possibility that it is surrounded by a porphyry with significant gold and copper grades remained largely untested until the 2017 drill program.

Porphyry Mineralization in the Blue Sky Zone

The Blue Sky Zone encompasses a multi-element soil anomaly that extends up to 1.5 km east of the Revenue diatreme (Figure 1).  Relogging of core from RVD11-019, 022 and 028 in 2016 identified two stages of mineralization, including an early stage of classic porphyry related stockwork veining with potassic alteration with good gold-copper-molybdenum grades (see above). Step out drilling in 2017 was designed to test for eastward extensions of that mineralization within the Blue Sky Zone soil anomaly.  Three drill holes that tested the Blue Sky Zone intersected significant porphyry style mineralization (Figure 1, Table 1, 2).

  • RVD17-013 was collared 350 metres northeast of drill holes RVD11-019, 22 and 28, and intersected 119m of copper-molybdenum-gold-silver porphyry style mineralization grading 0.60% CuEq*, with a 57m thick high-grade, gold-rich core grading 1.09% CuEq* at 1.083 g/t gold and 0.285% copper (Table 2).
  • RVD17-01 was collared 100 metres east of drill holes RVD11-19, 22 and 28 and intersected 148.58m of copper-molybdenum-gold-silver porphyry style mineralization. Average grades within the intersection include 39.58m of 0.40% CuEq* and 94.38m of 0.48% CuEq* (Table 2).
  • RVD17-03 was drilled from the same setup as RVD17-13 but in the opposite direction. It is interpreted to have just skimmed the edge of the mineralized zone, intersecting multiple short domains of porphyry style mineralization and alteration including 18.60m of 0.423 g/t gold and 0.105% copper (Table 2, 4).

Together with results from RVD17-12 (PR#17-12, October 19, 2017: 245m of 0.37 CuEq* with a 58.65 metre high-grade core grading 0.971 g/t Au and 0.218% Cu), and historical drill holes RVD11-19, 22 and 28, a corridor of high-grade, gold-rich, porphyry style mineralization is now demonstrated over a strike length of 450m. The geometry of the mineralized zone is not well understood, but at minimum it is open at depth and to the northeast where, based on results from RVD17-13, it appears to be increasing in grade.

Table 2: Length*** Weighted Drill Intercepts – Highlights from 2017 drilling of porphyry related mineralization in the Blue Sky Zone

Hole # From

(m)

To

(m)

Length*** (m) Au (g/t) Ag (g/t) Cu

(%)

Mo (%) AuEq* (g/t) CuEq* (%)
RVD17-01 315.42 355.00 39.58 0.402 1.7 0.097 0.013 0.64 0.40
Including 315.42 317.00 1.58 5.750 0.7 0.041 n/a 5.82 3.68
And 369.62 464.00 94.38 0.337 3.9 0.169 0.022 0.76 0.48
RVD17-03 214.40 233.00 18.60 0.423 2.3 0.105 0.007 0.65 0.41
RVD17-13 88.00 207.00 119.00 0.614 3.4 0.154 0.010 0.95 0.60
Including 112.00 169.00 57.00 1.083 6.6 0.285 0.020 1.72 1.09
Including 121.00 155.00 34.00 1.605 9.2 0.388 0.019 2.44 1.54

Porphyry Mineralization in the Keirsten Zone

The Keirsten Zone is a newly identified target area within the roughly 5.5 X 2.0 km soil and geophysical anomaly that encompasses the Revenue and Nucleus areas (Figure 1). The area was targeted for exploration in 2017 to test an intense chargeability and resistivity high at depth. KZ17-01 was drilled near the center of the chargeability high. The top 193 metres of bedrock are phyllic altered quartz-feldspar porphyry, with textures identical to the dykes that are responsible for high-grade gold mineralization at the Nucleus deposit 1 km to the west.  Beneath the quartz-feldspar-porphyry, to the end of hole at 603.50 metres, strongly veined and altered granite with complex overprinting propylitic, phyllic and potassic alteration assemblages was intersected. The granite is identical in texture and composition to granite in RVD17-12 and RVD17-13 up to 2.85 km to the east, and despite the lower grades of copper and gold in KZ17-01 (Table 4) compared to RVD17-12 and RVD17-13, the stockwork veining is more intense. It is of particular note in KZ17-01 that mineralization extends from the bedrock surface to the bottom of the hole at 603.50m depth.  This is indicative of a large mineralized system, yet the Keirsten Zone is virtually unexplored in every direction.  Encouraging results from surface samples collected from a new drill road within the zone are suggestive of nearby higher grade gold-rich domains (Table 3).

Table 3: Surface grab samples with significant Gold from the Keirsten Zone

Sample Easting** Northing** Au (g/t) Agg/t)
E446471 380465 6914172 0.423 2.2
E446474 380551 6914393 1.025 14.0
E446476 380609 6914511 0.461 2.1

Tony Barresi, Triumph’s VP Exploration, comments: “Geological results from drilling in the Keirsten Zone are encouraging. While the copper and gold grades in KZ17-01 are low, the continuity of mineralization and alteration and intensity of the veining are suggestive of a large and vigorous hydrothermal system that we are eager to continue to explore in 2018.”

Table 4: Length*** Weighted Drill Intercepts – Table of Significant results (See below for RVD17-09) – Mo only reported where composite average is > 15ppm

Hole # From

(m)

To

(m)

Length***(m) Au (g/t) Ag (g/t) Cu

(%)

Mo (%) AuEq* (g/t) CuEq* (%)
RVD17-01 97.00 99.00 2.00 1.475 8.8 0.362 0.002 2.18 1.37
And 315.42 355.00 39.58 0.402 1.7 0.097 0.013 0.64 0.40
Including 315.42 317.00 1.58 5.750 0.7 0.041 5.82 3.68
And 369.62 464.00 94.38 0.337 3.9 0.169 0.022 0.76 0.48
RVD17-02 87.29 89.00 1.71 1.055 0.4 0.023 1.10 0.69
And 110.00 112.00 2.00 0.704 0.4 0.020 0.74 0.47
RVD17-03 28.00 30.00 2.00 1.225 4.7 0.181 1.58 1.00
And 78.00 80.00 2.00 1.130 2.6 0.129 0.003 1.38 0.87
And 162.00 174.31 12.31 0.275 2.3 0.134 0.53 0.33
And 214.40 233.00 18.60 0.423 2.3 0.105 0.007 0.65 0.41
Including 216.50 220.50 4.00 0.981 3.7 0.149 0.016 1.34 0.85
And 242.98 250.14 7.16 0.257 2.4 0.128 0.007 0.53 0.33
And 312.00 313.00 1.00 4.270 1.7 0.251 4.69 2.96
RVD17-06 No Significant Results
RVD17-07 5.00 7.00 2.00 0.748 0.2 0.019 0.78 0.49
And 13.00 15.00 2.00 0.932 0.4 0.024 0.98 0.62
And 148.00 150.00 2.00 0.813 0.5 0.029 0.87 0.55
And 367.00 397.00 30.00 0.086 1.0 0.062 0.20 0.13
RVD17-11 17.00 18.00 1.00 0.514 48.40 1.110 2.92 1.84
And 221.00 222.00 1.00 2.820 1.5 0.119 3.04 1.92
RVD17-13 88.00 207.00 119.00 0.614 3.4 0.154 0.010 0.95 0.60
Including 112.00 169.00 57.00 1.083 6.6 0.285 0.020 1.72 1.09
Including 121.00 155.00 34.00 1.605 9.2 0.388 0.019 2.44 1.54
And 260.00 268.00 8.00 0.742 0.6 0.027 0.021 0.90 0.57
And 390.00 392.00 2.00 1.990 1.0 0.034 2.06 1.30
KZ17-01 50.34 603.50 553.16 0.071 0.3 0.023 0.11 0.07
Including 276.00 277.50 1.50 3.710 0.6 0.023 0.004 3.78 2.39
Including 343.00 363.00 20.00 0.173 0.6 0.059 0.002 0.29 0.18

Discovery of New Gold Showing – The Happy Creek Showing

A new zone of gold mineralization was discovered during reconnaissance prospecting and drilling within the Blue Sky Zone soil anomaly.  RVD17-09, which represents a 1.1 km eastward step out into the Blue Sky Zone (Figure 1), intersected a broad zone of gold mineralization associated with a swarm of aplite, pegmatite and lesser quartz-feldspar-porphyry dykes.  The upper 29 metres of core in RVD17-09 is strongly fractured and oxidized and grades 0.510 g/t gold; it is contained within a 269m intersection of 0.238 g/t gold, with ten longer than 1-meter samples grading over 1 g/t gold (Table 5).  Two surface grab samples of bull quartz collected from regolith returned gold grades of 5.77 and 3.76 g/t (Table 6).  The location of the Happy Creek showing, and the collar of RVD17-09 represents the farthest step out east of the Revenue diatreme to date.  The showing is 1.1 km east of the Revenue diatreme and 400 metres east of any other drill holes.  It is the only drill hole that has ever tested the Happy Creek drainage and mineralization is considered open in every direction.

Table 5: Length*** Weighted Drill Intercepts – Happy Creek Showing

Hole #   From (m) To  (m) Length*** (m) Au (g/t)
RVD17-09 21.00 290.00 269.00 0.238
Including 21.00 50.00 29.00 0.510
Including 35.00 37.00 2.00 1.180
Including 48.00 50.00 2.00 1.380
Including 82.00 83.50 1.50 1.035
Including 95.00 97.00 2.00 1.435
Including 105.00 106.50 1.50 3.720
Including 172.78 174.00 1.22 1.530
Including 208.00 210.00 2.00 1.170
Including 234.00 262.00 28.00 0.341
Including 248.00 250.00 2.00 1.175
Including 286.00 288.00 2.00 1.035
And 387.16 389.00 1.84 3.140

Table 6: Surface grab samples from the Happy Creek Showing

Sample Easting** Northing** Au (g/t) Ag (g/t)
G286224 383900 6912750 3.76 7.7
G286225 383894 6912768 5.77 6.8

Tony Barresi, Triumph’s VP Exploration, comments: “This new showing, which lies in the completely untested-by-drilling catchment of Happy Creek, a known placer creek, represents an exciting new exploration target.  The tenor of gold mineralization encountered so far is similar to what was seen in some of the early drill holes and surface samples at Nucleus.”

Summary of Revenue Geology

Porphyry mineralization at Revenue extends from at least the Keirsten Zone to the Blue Sky Zone, and was encountered in the farthest step out holes both east and west of the Revenue diatreme.  The mineralizing system is composed of a large porphyry, at least 2.85 km in strike length, with a mineralized diatreme in its center and the Nucleus gold deposit off its western flank. If gold mineralization encountered in the newly discovered Happy Creek showing is also porphyry related then the strike length of porphyry mineralization is increased to 3.6 km.  Within the diatreme and surrounding granite there are numerous drill intersections of good copper-gold, silver and molybdenum grades, however, now with the results of 2017 drilling, there is a demonstrated zone of high-grade, gold-rich, porphyry style mineralization that extends at least 450 meters from the eastern margin of the Revenue diatreme eastward into the Blue Sky Zone, where it appears to be increasing in grade, and remains open to the northeast and depth.

President’s Comment

Paul Reynolds, Triumph’s President & CEO, comments: “New drilling in 2017 has demonstrated a vast area of porphyry style mineralization extending at least 2.8 km from the Keirsten Zone to the Blue Sky Zone, both of which are new discoveries this year. In addition to defining a very large porphyry footprint we have also made numerous intersections of gold-rich high-grade porphyry mineralization (see this NR and NR17-12 dated October 19, 2017).  The elements of size and grade are beginning to stack in our favour and the possibility that a very large porphyry deposit underlies what had previously appeared to be separate showings, is becoming more and more compelling as we continue to explore.”

Notes:

* Copper and Gold Equivalent [CuEq*, AuEq] are used for illustrative purposes, to express the combined value of copper, gold, silver and molybdenum as a percentage of either copper or gold.  No allowances have been made for recovery losses that would occur in a mining scenario.  CuEq and AuEq are calculated on the basis of US$3.10 per pound of copper, US$1,305 per troy ounce of gold, US$17.40 per troy ounce of silver and US$7.00 per pound of molybdenum oxide.

** Coordinates are given in North American Datum 83 (NAD83), Zone 8.

*** Length refers to drill hole intercept.  True widths have not been determined.

Methods and Qualified Person

Drill core samples ranged between 1 and 2m length and were cut at Triumph’s core logging facility on the Freegold Mountain Property (Revenue Camp; Figure 1).  The samples were analyzed by ALS Global of North Vancouver, British Columbia.  They were prepared for analysis according to ALS method PREP35: each sample was crushed to 70% passing 2mm and a 250g split was pulverized to better than 95% passing 106 micron mesh.  Gold was tested by fire assay with atomic absorption finish on a 30g nominal sample (method Au-AA23), and samples that tested over 10 g/t Au were retested using fire assay with a gravimetric finish (method Au-GRA21).  An additional 35 elements were tested by ICP-AES using an Aqua Regia digestion (method ME-ICP41), over limit samples for copper were retested using the same technique but with assay grade Aqua Regia digestion and a higher range of detection (method ME-OG46).  Quality assurance and control (QAQC) is maintained at the lab through rigorous use of internal standards, blanks and duplicates.  An additional QAQC program was administered by Triumph Gold: at minimum one in ten samples submitted by Triumph Gold was a blank or certified reference standard.  QAQC samples that returned unacceptable values triggered investigations into the results and reanalyses of the samples that were tested in the batch with the failed QAQC sample.

The technical content of this news release has been reviewed and approved by Tony Barresi, Ph.D., P.Geo., VP Exploration for the company, and qualified person as defined by National Instrument 43-101.

Revenue Nov2_2017_Landscape V3

@dynaCERT $DYA $DYFSF Appoints Former #President of #Cummins #Diesel #Canada, Michael Christodoulou, as #Business/#Marketing #Advisor

dynaCERT TSX.V-DYA announced that Michael Christodoulou, the former President of Cummins Eastern Canada LP and Cummins Diesel of Canada, is joining the Advisory Board as a Business/Marketing Advisor.

Mr. Christodoulou has over 30 years of extensive experience and vast knowledge working with major North American trucking companies. He held the position of President and Principal of Cummins Eastern Canada LP for 15 years, Executive Director of PACCAR Business, Cummins Inc. and was President of Cummins Diesel of Canada for over seven years. Mr. Christodoulou has a superior track record within the trucking industry and has developed excellent industry affiliations with global transportation companies and all the major truck OEM’s.

Mr. Christodoulou was formerly on the Global Distributor Advisory Council for Cummins Power Generation, was the Chairman of the Canadian Association of Equipment Distributors, and the VP and Board Member of the Associated Equipment Dealers. He is a Member of the Canadian Trucking Alliance, and has been a member of the Ontario, Quebec and the Atlantic Provinces Trucking Associations.  Mr. Christodoulou is a former member of Cummins Distribution Council and was the Co-Chair of Cummins Bus Council.

dynaCERT announces the receipt of $1 million from Mr. Christodoulou as a strategic partner in the business. This funding was a private placement of 1,176,471 units at a price of $0.85 per unit. Each unit is comprised of one common share in the capital of the Company and one-half of one common share purchase warrant, with each whole warrant being exercisable into one Common Share at a price of $1.25 for a two-year period from the date of issuance. The warrants include an acceleration clause to the effect that if at any time after four months and one day following the issuance of the warrants, the closing trading price of the Common Shares on the TSX Venture Exchange (the “Exchange”) is greater than $2.00 per Common Share for a period of ten consecutive trading days, then dynaCERT may give notice to the holder of the warrants of its intention to force the exercise of the warrants, following which the holder thereof shall have a period of 30 days to exercise the warrants, failing which the warrants will automatically expire.

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@TriumphGold $TIG $NFRGF 13,000 Metre #Drill #Program Underway at #Freegold #Mountain #Project, #Yukon

Triumph Gold TSXV.TIG commenced a 13,000 metre diamond drill program at its road accessible Freegold Mountain project in the Dawson Range, Yukon. The program will test several new drill targets identified during 2016 field exploration and data review.  The 2016 work focused on identifying geological controls on mineralization at the Revenue and Nucleus porphyry deposits on the Freegold Mountain Property.  These studies recognized an early stage of porphyry-style mineralization that was not targeted during past exploration.  The work defined three new exploration targets, one each at Revenue and Nucleus, and a newly identified porphyry target at the Generation Zone.

Triumph Gold Logo

  • Drilling is now underway at the Generation Zone, a newly recognized porphyry Cu-Au system. The identification of high density stockwork with multiple vein events, high temperature alteration, and associated copper and gold mineralization indicates that the Generation Zone represents a high-temperature core to a porphyry Cu-Au system.  Triumph plans 2,000 metres of drilling to test this zone.
  • A second drill will be mobilized within a week and begin drilling at the Revenue and adjacent Blue Sky Zones.  At Revenue, past exploration focused on the mineralized margin of an approximately 1 km long elliptical diatreme.
  • Other areas that will be drill tested include the Nucleus Zone (4,000m) and a soil and geophysical anomaly that extends 2 km along strike between the Nucleus and Revenue deposit areas (2,000 m).

Go to www.triumphgoldcorp.com for full news release dated June 7, 2017

@dynaCERT $DYA $DYFSF Collaboration with Northwest Territory Power Corp.

dynaCERT_web Jan 2017

dynaCERT announced the collaboration with the Northwest Territory Power Corp. in Yellowknife, NT in a fuel savings and emission reduction pilot project located in Deline, NT. Delines is located on the southwest share of Great Bear Lake, about 400 km northwest of Yellowknife. Deline is only serviced via aircraft and winter ice roads. The NTPC operate 3,500 diesel power generation units in remote villages and communities across the Territory.

The dynaCERT-NTCP project, at this important initial stage, consists of the sale, installation and commissioning of four dynaCERT HG1 units onto three stationary generator units that in turn are responsible for producing all of the electricity in the village of Deline. One stationary generator unit will have two HG1 units. The NTPC engineering team has worked closely with the dynaCERT engineers to design this specific application for the community to align with NTPC’s stated goal of reducing their reliance on fossil fuels.

Robert Maier, COO of dynaCERT, states, “NTPC continues to work hard at the leading technological edge to improve the lives of the people they serve.  We are pleased that our HydraGENTM technology is part of this pilot project opportunity to lower operating costs for NTPC and improve the environment for northern communities.”

Jim Payne, President & CEO of dynaCERT, states, “We are very pleased to work with NTPC and their communities. With Robert Maier’s managerial and technical leadership, dynaCERT continues to develop new applications and enter varied markets for its HG1 units, not just in trucking but also in remote location power generation. Our engineering creativity, supported by our ongoing commitment to R&D, is rapidly advancing our Company in the diverse world of diesel uses in furtherance of our corporate strategy.”

@PistolBayMining $PST Executes LOI to Option Copperlode Property with Five Known Zinc-Copper Zones

Pistol Bay has the option to acquire up to an 80 percent interest in the Copperlode Property by making certain payments and share issuances.  The Copperlode Property consists of four mining claims comprising 31 claim units for a total area of approximately 496 hectares or 1,225 acres.  Frontline holds the claims under option from a vendor.  The Copperlode Property hosts two mineralized zones with historical mineral resources based on drilling by Copperlode Mines Ltd. and Rexdale Mines Ltd. in the 1960s and 1970s:

The Copperlode “E” Zone has a historical resource of 145,000 tonnes with reported grades of 8.28% zinc, 1.02% copper and 24 grams per tonne silver.  The Copperlode “D” Zone has a historical resource of 32,600 tonnes reported to average 7.58% zinc and 0.26% copper.  These historical resources do not comply with current standards as spelled out in National Instrument 43-101.  Insufficient work has been done on these zones by a qualified person to determine whether 43-101 compliant mineral resources exist.

Other mineralized zones on the Copperlode Property, with selected diamond drill intercepts, are:

  • Copperlode “B” zone, 6.3 metres @ 2.50% zinc and 1.68% copper
  • Copperlode “C” zone, 1.5 metres @ 0.21% zinc and 6.02% copper
  • Hornet Zone, 6.6 metres @ 7.56% zinc and 0.08% copper, also 5.03 metres @ 4.07% zinc and 1.13% copper.  The Hornet zone was discovered by Noranda Exploration in 1997; it is open at depth and along strike.

Visit:  www.pistolbaymining.com for full news release  Pistol Bay Logo3

@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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@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.

Rio Tinto to Drill on @PistolBayMining ‘s C-5 #Uranium #Property, #Saskatchewan

Rio Tinto Exploration Canada Inc. (”RTECI” or “Rio Tinto”) has informed Pistol Bay that is continuing with its exploration program on the 2,500-acre (1016 hectares) C5 uranium property in the Athabasca Basin, northern Saskatchewan.

Rio Tinto intends to drill between 4 and 6 diamond drill holes for a program total of approximately 2,600 metres, targeting uranium mineralization at the unconformity between the Athabasca Basin sediments and the older basement rocks, and in the basement itself.  The C5 property adjoins the Wheeler River property, controlled by Denison Mines Corp.  It lies 4.5 kilometres north of the Phoenix uranium deposit, 5 kilometres northeast of the Gryphon uranium deposit, and 2.6 kilometres northeast of the 489 Uranium Zone.

The C5 property, together with the C4 and C6 claims, is under option to Rio Tinto, which has earned a 75% interest, and has previously announced its intention to exercise the further option to acquire 100% interest by paying Pistol Bay C$5,000,000 within 5 years of December 31st 2014 and granting Pistol Bay a 5% net profits interest (see Pistol Bay news release of February 16th, 2015).  Rio Tinto has, to date, completed 12 diamond drill holes totalling 6,104 metres on the C5 property and carried out a gravity survey and a DC resistivity.  The 2017 diamond drilling program is scheduled to commence on January 20th.

Pistol Bay LogoThe C4, C5 and C6 properties are road-accessible, an important feature that allows exploration funds to be used much more effectively than more remote, fly-in projects.  The 75-kilometre all-weather haul road from the McArthur River mine to Cameco’s Key Lake mine/mill passes approximately 5 kilometres from the properties, and there is a network of bush roads or trails that can be used by 4-wheel drive vehicles.

see: www.pistolbaymining.com for complete news release

#dynaCERT $DYA $DYFSF Engages Nektar Data Systems to Track, Monitor and Report Real Time Data for our HydraGen and Smart ECU

dynaCERT (TSX.V-DYA) has engaged Nektar Data Systems, highly recognized as a premier international fleet management system consulting group. Nektar Data Systems will create a fleet management system with the capability to analyze the entire project and provide real time tracking, monitoring and reporting derived from data collected by the dynaCERT Smart ECU.

The dynaCERT HydraGenTM product users will be able to access this information through a portal fully owned, controlled and managed by dynaCERT.

The $300,000 fee for the Nektar Data System’s fleet management package will be paid as follows:

  • $150,000 due immediately;
    • $75,000 in cash and
    • $75,000 in shares for debt, (based on the closing bid price of $0.57 on December 7, 2016)
  • $150,000 balance after the project is completed;
    • $75,000 in shares for debt upon successful launch of the project and
    • $75,000 in shares for debt, 30 days after the project is launched

David Bridge, COO of dynaCERT, states, “This is a huge step forward from a technology standpoint. It enables end users to have a system in place that allows the customer to view and assess performance in real time, as well as realize the true benefits of the HydraGenTM and Smart ECU product.”

About Nektar Data Systems:

Nektar Data Inc. is a unique, intuitive data and asset management platform that utilizes the latest mobile and cloud technologies and tools to track, map, assess, archive, trend and report any data for any asset type in the transportation, construction, utility and service industries. Website: www.nektardata.com.

The Nektar Data Systems platform is developed with easy-to-use native mobile and web interface processes that provide the solutions to managing assets and related tasks within any industry. We give you the ability to utilize and manage your field collected data and create a decision support system that is custom tailored to your industry and your business process.  We provide real time business intelligence for any fleet, municipal or utility operation worldwide.

#PistolBayMining $PST Options Additional #Claims in #RedLake, #Ontario

Pistol Bay Logo3

Pistol Bay (TSX.V-PST) has executed an option agreement to acquire a 100% interest in additional zinc-copper claims located in the Red Lake, Ontario region. The Dixie 3 property is 640 ha, 45 km southeast of Red Lake and accessible by all-weather forestry access roads. The property is 8 km of the company’s Dixie 17, 18, 19 properties within the Confederation Lake greenstone belt.

From past exploration by Noranda, Tribute Minerals (now Aurcrest Resources) and Hudson Bay Exploration, a total of approximately 80 drill holes have been drilled on the property. The Dixie 3 property hosts the Dixie 3 VMS zone, which was estimated to contain 91,000 short tons grading 1% copper and 10% zinc (historical resource estimate – non-43-101 compliant).

Pistol Bay plans to compile the historical diamond drilling and geophysical survey data for the Dixie 3 property and, if possible, to re-acquire and re-evaluate the results of the 2008 Titan 24 survey. The company will consider additional deep-penetration surveys over the remainder of the property and drill testing of the new target areas as well as lateral and depth extensions of known mineralized zones.