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Pistol Bay Reports Infinite Ore Intersects Massive Sulphides and Completes Expanded Drill Program on Fredart in Red Lake, Ontario
(via TheNewswire) Vancouver, B.C. - TheNewswire - July 14, 2020 - Pisto...
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[{"type":"text","content":"Pistol Bay Reports Infinite Ore Intersects Massive Sulphides and Completes Expanded Drill Program on Fredart in Red Lake, Ontario(via TheNewswire)\n \n \nVancouver, B.C. - TheNewswire - July 14, 2020 - Pistol Bay Mining Inc. (TSXV:PST); (Frankfurt-OQS2), (OTC:SLTFF) (\"Pistol Bay\" or the \"Company\") is very pleased to report that Infinite Ore Corp. (\"Infinite Ore\") has completed its recently expanded 10 hole drill program on the Fredart property located in the prolific Red Lake Mining District (See Figure 1). \n\n\n \nThe Fredart property is 100% owned by Pistol Bay. Pursuant to an option agreement entered into between Infinite Ore and Pistol Bay, dated February 03, 2020, Infinite Ore has an option to earn up to an 80% undivided interest in the Fredart property.\n\n\n \nInfinite Ore reports that it has intersected several zones of massive, semi-massive, stringers and blebs of sulphide minerals (pyrite+pyrrhotite+chalcopyrite) in association with oxide and silicate iron formations in 8 of the 10 drill holes. All 10 drill holes are at the lab for assaying. Assay results are expected in batches and will be published as received.\n\n\n \nJ.C. St-Amour, President of Infinite Ore, commented, \"Drilling has gone exceptionally well at Fredart allowing us to expand and promptly complete the program. We are very pleased to have intersected massive and semi-massive sulphides in several holes at Fredart. We are also encouraged by the apparent width of the sulphide mineralization* reaching 1 to 12 m and by the relatively shallow depth of the mineralization (5 to 190 m).\" \n\n \n \n*The true width of the drill intersections has not been determined yet.\n\n\n \nFigure 1 Drill Hole Locations\n\n\n \n\nClick Image To View Full Size\n\n \n \nA selection of photos from the 10 hole drill program below. \n\n\n \nFR2020-01. Iron Formation with 5 cm wide massive chalcopyrite intersected at a 44 m depth.\n\n \n \n \nClick Image To View Full Size\n\n \n \nFR2020-01. (Cont.) Intersection of massive to semi-massive sulphide mineralization (pyrite+pyrrhotite+-chalcopyrite) associated with cherty iron formation from 240-244 m depth.\n\n \n \n \nClick Image To View Full Size\n\n \n \nFR-2020-08. Cherty Iron Formation containing 10-15% chalcopyrite (50%) and pyrrhotite (50%) as stringers and massive blebs intersected at a depth of 65-67 m.\n\n \n \n \nCl...