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To: Goose94 who wrote (3508)12/6/2013 2:02:03 PM
From: Goose94Read Replies (1) | Respond to of 203627
 
PST-V Revolver Resources (RZ-V) has received the drilling permits from the B.C. Ministry of Energy and Mines. The permits will allow Revolver to initiate the proposed 1,000-metre to 1,200-metre drill program on its Summit B property. Revolver has commissioned Black Hawk Diamond Drilling Ltd. and UTM Exploration Services from Smithers, B.C., to conduct the drilling program. About Summit B Property:

The 1,394 hectare (3,446 acre) Property is located in the Iskut area of northwestern British Columbia, Canada, and is contiguous with Colorado Resources Ltd.'s ("Colorado") North Rok copper-gold property (the "North Rok Property"). Colorado's recent North Rok Property discovery hole intersected 242 metres grading 0.63% copper and 0.85 g/t gold. More complete details can be found in Colorado's news release dated April 25, 2013. The Summit B property is also 20 kilometres northwest of Imperial Metals Red Chris Copper-Gold project.

Revolver recently completed an IP (resistivity/chargeability) survey carried out on its Summit B property located in the Iskut area of northwestern British Columbia, Canada. The model reveals a strong 2.0 km long-500 m wide, NW-oriented ovoid chargeability anomaly with values reaching over 35 mV/V accompanied by low resistivity signatures. It extends from shallow depth (less than 100 m) to at least 500 m and is open at both the NW and SE ends. Surface geology indicates the high chargeability/low resistivity anomaly is spatially related to Cu-Au bearing disseminated sulphide bodies and stockworks distributed within fault zones. Recent rock and chip sampling of historic mineralized trenches generated substantial Cu assay values ranging from 0.1 to 1.5 wt. %. Gold is significantly enriched, highlighted by several concentrations greater than 3 g/t Au; i.e. 3.0 g/t, 17.9 g/t, 12.3 g/t, 10.9 g/t. Pervasive hematite-ankerite-silica alteration affected the sheared volcanosedimentary rocks. Revolver Resources intends to initially test the anomaly by conducting a 1,000 m drilling campaign.

Technical information in this news release has been prepared and/or revised by Michel Boily, PhD, PGeo, and qualified person as defined in NI 43-101.



To: Goose94 who wrote (3508)1/8/2014 3:21:57 PM
From: Goose94Read Replies (1) | Respond to of 203627
 
Pistol Bay Mining (PST-V) Jan 8, '14 has received notice from Rio Tinto Canada Uranium Corp. (RTCUC) that it mobilized a camp crew on Jan. 5, 2014. Drilling is scheduled to commence on or around Jan. 11, 2014.

A total of approximately 2,500 metres of diamond drilling is proposed for the 2014 C-5 block winter exploration program with a budget of $1.2-million. The program is designed to test five to six holes within the Corridor A target area as a follow-up to mineralization intersected during the winter 2013 exploration program. Drilling is expected to take approximately six to seven weeks.

Based on the results of previous exploration carried out by RTCUC, the current focus of exploration at the C-5 property are two quartzite units interpreted to be trending north-south within the southern portion of the project area. These units are potentially analogous to those seen at the Phoenix and McArthur River deposits which lay in close proximity to the C-5 project area.

Following 2013 exploration, two priority targets were identified within the southern portion of the C-5 claim block. These areas are east-west-trending structural corridors interpreted from geophysical data sets including VTEM and ground gravity survey data which crosscut the north-south-trending quartzites of interest.

Terms of option agreement

RTCUC has earned an initial 55-per-cent interest in the C blocks (including C-5) property by incurring $1-million in expenditures and making an initial payment of $147,000 to Pistol Bay Mining in January, 2012. RTCUC will have the right to increase its interest to 75 per cent on or before Dec. 31, 2014, by incurring an additional $1-million in expenditures. For a period of five years after the exercise of this second option, RTCUC may increase its interest to 100 per cent by paying Pistol Bay $5-million, whereupon Pistol Bay shall receive a 5-per-cent net profits interest royalty.

Technical information in this news release has been prepared and/or revised by Mike Magrum, PEng, and qualified person as defined in National Instrument 43-101.