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Pegasus Resources Inc V.PEGA

Alternate Symbol(s):  SLTFF

Pegasus Resources Inc. is a diversified junior Canadian mineral exploration company with a focus on uranium, gold, and base metal properties in North America. The Company's projects include Energy Sands, Pine Channel and Golden. The 100% owned Energy Sands Project consists of two properties totaling approximately 1,050 hectares (ha) located within the San Rafael Uranium District in Utah, bordering Western Uranium and Vanadium's San Rafael Project. Its Jupiter Project is a strategic uranium project located in Emery County, Utah, United States. The Pine Channel uranium property consists of six mineral claims encompassing 6,028 ha situated at the northern most edge of the Athabasca Basin. The Golden Project is comprised of three distinct claim groups, from south to North, Gold Mountain, Vertebrae Ridge and Punch Bowl. The Punch Bowl property consists of three mineral claims totaling 3,079 ha. The Vertebrae Ridge property consists of two mineral claims totaling over 2,871 ha.


TSXV:PEGA - Post by User

Bullboard Posts
Post by HHAPPYon Dec 31, 2019 8:02pm
86 Views
Post# 30507473

Whatever-

Whatever-

Pistol Bay” or the “Company”) reports that it will not be proceeding with the 100% option on the Pakwash South property ( See NR July 29, 2019).

Charles Desjardins, President & CEO of Pistol Bay stated, “The Company is excited about the additional prospects for gold in the vicinity of the recent Great Bear Resources discovery and have decided to concentrate its efforts in the New Year to its Pakwash North and Pakwash East properties."

The Pakwash East block comprises of 35 cells, with an area of approximately 716 hectares (1,760 acres). It is 12.5 kilometres southeast of Great Bear Resources Dixie Ltd’s property. It adjoins a 9,650-hectare claim group registered to Great Bear Resources.  

The Pakwash North block comprises of 106-cells, 2,174 hectares (5,370 acres). It lies 21 kilometres southeast of the Dixie Lake gold discovery now being explored by Great Bear Resources Ltd, and 44 kilometres southeast of the town of Red Lake (See NR dated September 17, 2019).

About Pistol Bay Mining Inc.
Pistol Bay Mining Inc. is a diversified Junior Canadian Mineral Exploration Company with a focus on zinc and base metal properties in North America. The company is also actively pursuing the right opportunity in other resources to enhance shareholders value. For additional information please visit the Company website at www.pistolbaymininginc.com or contact Charles Desjardins at pistolbaymining@gmail.com.

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