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Pistol Bay Reports Infinite Ore Intersects Massive Sulphides and Completes Expanded Drill Program on Fredart in Red Lake, Ontario

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Infinite Ore has an option to earn up to a 80% undivided interest in Pistol Bay’s 100% owned Fredart property, which is located in the Confederation Lake greenstone belt, approximately 70 kilometers southeast of Red Lake, Ontario.

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Company: Pistol Bay Mining
Website: http://www.PistolBayMininginc.com
Stock Symbol: TSXV: PST
Date Published: Jul 15, 2020
Transcript: Available

Video Transcript:

I’m Megan Edwards for Investmentpitch Media

Pistol Bay Mining reported that Infinite Ore Corp. has completed its recently expanded 10 hole drill program on the Fedart property, having intersected several zones of massive sulphides.

Infinite Ore has an option to earn up to a 80% undivided interest in Pistol Bay’s 100% owned Fredart property, which is located in the Confederation Lake greenstone belt, approximately 70 kilometers southeast of Red Lake, Ontario.

Infinite Ore intersected several zones of massive, semi-massive, stringers and blebs of sulphide minerals in association with oxide and silicate iron formations in 8 of the 10 drill holes.

J.C. St-Amour, President of Infinite Ore, stated: "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 meters and by the relatively shallow depth of the mineralization (5 to 190 meters)."

The area was historically explored in 1970’s with reported samples containing up to 1.46% molybdenum.

Previous exploration on Fredart uncovered four conductors with lengths of 400, 850, 900 and 950 metres over a length of 6.5 kilometers.

Pistol Bay Mining, a diversified junior Mining Canadian Exploration Company with a specific focus on zinc and other base metal properties in North America, has acquired numerous high grade zinc copper deposits and is the dominant land holder in the prolific Confederation Lake VMS Greenstone Belt, Red Lake, Ontario.

The shares are trading at $0.035.

For more information, please visit the company’s website www.PistolBayMininginc.com, contact Charles Desjardins, President & CEO, pistolbaymining@gmail.com.

I’m Megan Edwards for Investmentpitch Media