Pistol Bay Mining Inc. (TSX VENTURE:PST) is a diversified Junior Canadian Mineral Exploration Company with a focus on precious and base metal properties in North America.
Pistol Bay has entered into an Option Agreement with Zimtu Capital Corp. and MPH Consulting Ltd. to acquire a 100% interest in the advanced-stage Portland Graphite Property located in southeastern Ontario.
Pistol Bay has recently optioned two of its uranium properties in the Athabasca Basin. Rio Tinto Canada is currently drilling Pistol Bay’s C-5 Property, while C-3 was optioned to Actus Minerals Corp.
Due to the recent copper-gold discovery on Colorado Resource North ROK property, in the Iskut area of northern British Columbia, Pistol Bay has received significant interest in its 100% owned Summit Lake B property (Kitty Claims). The Colorado Resources drill hole intersected 242 metres grading 0.63% copper and 0.85 g/t gold. The 1,394 hectare Summit B property is contiguous with Colorado Resources North ROK property and 20 kilometres northwest of Imperial Metals Red Chris Copper-Gold project. See the News Release HERE.