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Enter Symbol
or Name
USA
CA



Pistol Bay Mining Inc (2)
Symbol PST
Shares Issued 42,882,648
Close 2017-10-11 C$ 0.045
Market Cap C$ 1,929,719
Recent Sedar Documents

ORIGINAL: Pistol Bay enters confidentiality deals for farmout

2017-10-12 02:46 ET - News Release

Received by email:

File: 2017-10-12 Pistol Bay Signs Confidentialily Agreements and Appliesfor Additional Drill Permits.docx


Phone 604 369 8973
TSX-Venture: PST
Suite 700-838 W Hastings Street
Vancouver, BC, V6C 0A6
 
Pistol Bay Signs Confidentiality Agreements and 
Applies for Additional Drill Permits for Confederation Lake
October 12, 2017:   Pistol Bay Mining Inc. (TSX-V - PST; Frankfurt - OQS2) ("Pistol Bay" or the "Company') is pleased 
--->to announce that the Company has signed Confidentiality Agreements ("CAs") with two prospective partners who have expr
--->essed interest in farming in to part or all of the 42,000-acre Confederation Lake zinc-copper project east of Red Lake
--->, Ontario.  One CA has been signed by a mid-tier producer, and the other by a junior exploration group. 
Pistol Bay has applied to the Ontario Ministry of Northern Development and Mines ("MNDM") for exploration permits cove
--->ring the Garnet, Fredart, Moth and Fly claim groups.  The MNDM circulated the applications to potentially affected Fir
--->st Nations and other aboriginal organizations on September 22, 2017, with no comments or concerns received to date.  E
--->xploration permits are normally issued within 50 days of the circulation date unless serious concerns have been raised
---> by indigenous interests.  The Company currently holds an exploration permit for the Dixie property. 
Charles Desjardins, CEO of Pistol Bay, commented "The level of interest expressed by companies that have approached us
---> about possible farm-ins and joint ventures is a testament to the quality of the Confederation Lake project.  With zin
--->c prices at a record high, there's lots of demand for zinc and copper exploration projects. Not many companies can off
--->er a belt-wide property base with proven VMS mineralization and a new airborne EM survey with multiple untested target
--->s."
The Qualified Person who has reviewed and approved the technical disclosure in this news release is Dr. Colin Bowdidge
---> Ph.D., P.Geo., consulting geologist for Pistol Bay.
About Pistol Bay Mining Inc. 
Pistol Bay Mining Inc. is a diversified Junior Canadian Mineral Exploration Company with a focus on zinc and base meta
--->l 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 specula
--->tive. Any and all other resource or reserve estimates are historical in nature, and should not be relied upon. By thei
--->r nature, forward looking statements involve risk and uncertainties because they relate to events and depend on factor
--->s that will or may occur in the future. Actual results may vary depending upon exploration activities, industry produc
--->tion, commodity demand and pricing, currency exchange rates, and, but not limited to, general economic factors. Cautio
--->nary 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 ec
--->onomically and legally producible under existing economic and operating conditions.


File: 2017-10-12 Pistol Bay Signs Confidentialily Agreements and Appliesfor Additional Drill Permits.pdf

                                                                                                               Phone 6
--->04 369 8973

                                                                                                                 TSX-V
--->enture: PST

                                                                                                    Suite 700-838 W Ha
--->stings Street

                                                                                                           Vancouver, 
--->BC, V6C 0A6




                        Pistol Bay Signs Confidentiality Agreements and
                   Applies for Additional Drill Permits for Confederation Lake

October 12, 2017: Pistol Bay Mining Inc. (TSX-V - PST; Frankfurt - OQS2) ("Pistol Bay" or the "Company')
is pleased to announce that the Company has signed Confidentiality Agreements ("CAs") with two
prospective partners who have expressed interest in farming in to part or all of the 42,000-acre
Confederation Lake zinc-copper project east of Red Lake, Ontario. One CA has been signed by a mid-tier
producer, and the other by a junior exploration group.

Pistol Bay has applied to the Ontario Ministry of Northern Development and Mines ("MNDM") for
exploration permits covering the Garnet, Fredart, Moth and Fly claim groups. The MNDM circulated the
applications to potentially affected First Nations and other aboriginal organizations on September 22,
2017, with no comments or concerns received to date. Exploration permits are normally issued within 50
days of the circulation date unless serious concerns have been raised by indigenous interests. The
Company currently holds an exploration permit for the Dixie property.

Charles Desjardins, CEO of Pistol Bay, commented "The level of interest expressed by companies that have
approached us about possible farm-ins and joint ventures is a testament to the quality of the
Confederation Lake project. With zinc prices at a record high, there's lots of demand for zinc and copper
exploration projects. Not many companies can offer a belt-wide property base with proven VMS
mineralization and a new airborne EM survey with multiple untested targets."

The Qualified Person who has reviewed and approved the technical disclosure in this news release is Dr.
Colin Bowdidge Ph.D., P.Geo., consulting geologist for Pistol Bay.

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 specul
--->ative. 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 i
--->n the future.
Actual results may vary depending upon exploration activities, industry production, commodity demand and pricing, curr
--->ency
exchange rates, and, but not limited to, general economic factors. Cautionary Note to US investors: The U.S. Securitie
--->s 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 o
--->perating
conditions.
 


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