PISTOL BAY RECEIVES EXPLORATION PERMIT
FOR GROUND WORK AND DRILLING
Another step forward
"Pistol Bay Mining Inc. has provided the following update. The Ontario Ministry of Northern Development and Mines has issued an early exploration permit for the company's 100-per-cent-optioned Dixie zinc-copper projects in Northwestern Ontario. The exploration permit is valid for three years and allows diamond drilling and mechanized stripping. An exploration plan has also been placed on file, covering line cutting and geophysical surveys requiring a generator.
With the Exploration Permit in hand, the Company is planning an initial diamond drilling program of between 1,500 and 2,000 metres for the fall of 2016. The program will focus on confirmation of previously drilled targets for which information is incomplete. These will include:
{{a ●} ●} the Dixie 17 zone, with reported drill intercepts that include a 9.5 metre core length averaging 7.34% zinc and 1.4% copper; {{a ●} ●} the Dixie 19 zone, with reported drill intercepts over a 500 metre length, including 6.33% zinc and 1.5% copper over a core length of 3.55 metres; {{a ●} ●} the Dixie 18 zone, with reported drill intercepts over a length of 250 metres and to a depth of 150 metres, including 15.44% zinc, 0.43% copper and 20.9 grams/tonne silver over a 4.3 metre core length.
Also to be tested, subject to confirmation by ground electromagnetic surveying, are two anomalies identified by an Ontario government airborne survey, that do not appear to have been drill-tested in the past. Meanwhile, compilation of historical exploration data is continuing, as well as plans for a possible deep-penetrating electromagnetic survey and/or a gravity survey.
Technical material in this news release has been prepared and/or reviewed by Colin Bowdidge, Ph.D., P.Geo., a Qualified Person as defined in National Instrument 43-101."
