Rio Tinto Canada Uranium Corporation Mobilises Geological Team to
Pistol Bay's C-5 Uranium Property in the Athabasca Basin
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/23/13 -- Pistol Bay
Mining Inc. (TSX VENTURE:PST) reports that it has received notice
from Rio Tinto Canada Uranium Corporation ("RTCUC") that it has
mobilized a geological team to the Company's C-5 property, located in
the Athabasca Basin, Saskatchewan.
As reported on January 9, 2012, RTCUC has proposed an 1800 meter
diamond drill program and ground gravity survey for the C-5 property.
Subject to weather conditions, RTCUC expects to initiate drilling by
Technical information in this news release has been prepared and/or
revised by Mike Magrum, PEng, and qualified person as defined in NI
About 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.
On Behalf of the Board of Directors
PISTOL BAY MINING INC.
Charles Desjardins, President and Director
This report contains forward looking statements. Resource estimates,
unless specifically noted, are considered speculative. Any and all
other resource or reserve estimates are historical in nature, and
should not be relied upon. By their nature, forward looking
statements involve risk and uncertainties because they relate to
events and depend on factors that will or may occur in the future.
Actual results may vary depending upon exploration activities,
industry production, commodity demand and pricing, currency exchange
rates, and, but not limited to, general economic factors. Cautionary
Note to US investors: The U.S. Securities and Exchange Commission
specifically prohibits the use of certain terms, such as "reserves"
unless such figures are based upon actual production or formation
tests and can be shown to be economically and legally producible
under existing economic and operating conditions.
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
Pistol Bay Mining Inc.
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