Pistol Bay expanded the upcoming VTEM airborne electromagnetic and magnetic survey to cover almost twice the area of the original survey plan. Geotech Limited is contracted to survey the 40 km length of the Confederation Lake greenstone belt, southeast of Red Lake, Ontario. With a larger loop, more power and better signal-to-noise resolution than earlier… Continue reading @PistolBayMining $PST Increases Size of Confederation Lake VTEM Survey
Tag: targets
@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… Continue reading @PistolBayMining $PST Executes LOI to Option Copperlode Property with Five Known Zinc-Copper Zones
@PistolBayMining $PST Closes #Financing, Extends Expiry on #Warrants
Pistol Bay $PST closed a non-brokered private placement financing for gross proceeds of $336,600, issuing 3,960,000 units at a price of $0.085 per unit, each unit comprising of one common share and one transferable share purchase warrant, with each warrant entitling the holder to purchase one additional common share for a period of 18 months… Continue reading @PistolBayMining $PST Closes #Financing, Extends Expiry on #Warrants
@PistolBayMining $PST to Commence VTEM (TM) Survey, Confederation Lake Project, Northwest Ontario
Pistol Bay $PST has contracted Geotech Ltd to carry out a 1,128 line-km helicopter-borne survey of the central part of the Company’s land position in Ontario. The survey will use Geotech’s Versatile Time-Domain Electromagnetic (VTEM Plus) system, which includes a horizontal magnetic gradiometer. Pistol Bay anticipates that this survey will explore the survey area to… Continue reading @PistolBayMining $PST to Commence VTEM (TM) Survey, Confederation Lake Project, Northwest Ontario
@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… Continue reading @RioTinto to Provide $750,000 Cash Injection to @PistolBayMining $PST
@PistolBayMining $PST Acquires Additional Ground at Confederation Lake-Gold, as well as Zinc-Copper Historic Drill Holes
Pistol 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… Continue reading @PistolBayMining $PST Acquires Additional Ground at Confederation Lake-Gold, as well as Zinc-Copper Historic Drill Holes
@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… Continue reading @TriumphGoldCorp $TIG $NFRGF Announces Results of AGM
@PistolBayMining Appoints Jody Dahrouge to Advisory Board
Pistol Bay Mining Inc. TSXV-PST announced that Jody Dahrouge, B.Sc., Sp.C., P.Geol., has joined their Advisory Board. Mr. Dahrouge is a professional geologist with over 25 years of experience in Canada and internationally, and has a successful background in base metals, industrial minerals, rare metals and uranium exploration. Since 1998, Mr. Dahrouge has been the… Continue reading @PistolBayMining Appoints Jody Dahrouge to Advisory Board
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… Continue reading Rio Tinto to Drill on @PistolBayMining ‘s C-5 #Uranium #Property, #Saskatchewan
@PistolBayMining Receives Exchange Approval to Acquire Confederation Lake Property in Red Lake, #Ontario from AurCrest #Gold
Pistol Bay Mining (TSX.V-PST) (Frankfurt: OQS2) has received approval from the TSX Venture Exchange to acquire from AurCrest all the mining claims held by AurCrest in the Confederation Lake greenstone belt southeast of Red Lake, Ontario. TheTSXV approval requires Pistol Bay to file an NI-43-101 compliant technical report related to the Arrow Zone of the… Continue reading @PistolBayMining Receives Exchange Approval to Acquire Confederation Lake Property in Red Lake, #Ontario from AurCrest #Gold