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File: 2017-09-14 Pistol Bay Mining Expands Confederation Lake LandPackage v2.docx


Phone 604 369 8973
TSX-Venture: PST
Suite 700-838 W Hastings Street
Vancouver, BC, V6C 0A6
  






PISTOL BAY MINING EXPANDS CONFEDERATION LAKE LAND PACKAGE

September 14, 2017: Pistol Bay Mining Inc. (TSX-V - PST; Frankfurt - OQS2) ("Pistol Bay" or the "Company') is pleased 
--->to announce that the Company has acquired additional ground by staking new claims covering previously unknown anomalie
--->s detected by the recently completed VTEM Plus(TM) airborne survey.  The new claims cover a continuous magnetic anomal
--->y that runs for 7.5 kilometres between the existing Joy and Fredart claim groups.  The total strike length of this ano
--->maly, which encompasses the historic Joy and Fredart claim groups, is now approximately 22 kilometres.

The magnetic anomaly has been previously tested and is caused by an iron formation.  Previous airborne EM surveys had 
--->located conductors along the magnetic trend, which had been drill tested at various times in the past.  The VTEM Plus(
--->TM) survey has located four new conductors with lengths between 400 and 1,200 metres that have had no previous explora
--->tion, according to historical records. 

Most importantly, the Fredart "A" Zone (also known as the Copperlode "A" Zone), is expressed by conductors on the same
---> magnetic trend as the newly staked anomalies.  The Fredart "A" Zone has a historical resource of 368,000 tonnes gradi
--->ng 1.56% copper and 33.6 g/t silver.  The method used to calculate that resource is not disclosed sufficiently in hist
--->oric reports to allocate that resource estimate to any of the current accepted categories of mineral resource or miner
--->al reserve.  No Qualified Person has reviewed the resource to assess its quality or relevance.  As a historic estimate
--->, it should not be relied on.  Several of the historic drill holes in the Fredart "A" zone reported substantial widths
---> - drill hole FA1966-15 reportedly cut 40.42 metres averaging 1.40% copper and 21.1 g/t silver, including a higher gra
--->de section of 16.22 metres grading 2.67% copper and 48.3 g/t silver.

The new anomalies are on the same trend as the Joy North anomaly, which is on a claim optioned by Pistol Bay (see news
---> release of February 16, 2017).  The Joy North anomaly is one of the very few - possibly the only - well defined anoma
--->lies from earlier airborne surveys, that has never been drill tested.

Charles Desjardins, CEO of Pistol Bay, commented "These new claims are just the first fruits of our new VTEM airborne 
--->survey.  We are seeing lots of new anomalies in the survey data, not just conductors but the IP effect anomalies as we
--->ll, and Pistol Bay is going to have a busy few years exploring them all."

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.