PST Pistol Bay Mining Inc

Pistol Bay Mining Inc. (TSX VENTURE:PST) ("the Company") reports that Revolver
Resources Inc. (Revolver), joint venture partner on the Summit B property,
announces initial assay results. The 1,394 hectare (3,446 acre) Summit B
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"). Revolver has the option to earn
a 60-per-cent interest in the property by completing $2.5-million in exploration
expenditures on the property, making $500,000 in cash payments to Pistol Bay and
issuing Pistol Bay four million common shares over the next three years.


Revolver released the assay results of two DDH (SUMB-02 and SUMB-05), distanced
by 1 km, revealing several intersections of copper mineralization associated
with quartz-carbonate veins and fracture filling. Best results produced
intercepts of 6.3 m @ 0.43 wt. % Cu (SUMB-02), 1.2 m @ 0.18 wt. % Cu and 0.3 m @
0.25 wt. % Cu (SUMB-05) (The lengths of the intervals do not represent true
stratigraphic lengths). The drill holes intersected a folded, fractured and
sheared assemblage of Permian basic-intermediate volcanic rocks interstratified
with thin shale, phyllite, schist and siltsone layers. A significant number of
pyrite+/-chalcopyrite-bearing quartz-carbonate (calcite-ankerite-dolomite) veins
were encountered throughout the core with numerous pyrite+/-chalcopyrite
fracture and fault-fillings especially at depth greater than 200 m.


The copper mineralization is associated with the core of a 2 km x 500 m
NW-oriented high-chargeability/low resistivity anomaly bounded by NW-striking
high angle faults (see Revolver Resources press release of November 8, 2013).
Cu-bearing zones extend in a northwesterly direction for at least 1 km, whereas
an arsenic-copper-gold-rich system is exposed at the periphery of the anomaly,
especially on the southeastern segment of the property. Harsh winter conditions,
rugged terrain and the difficulty to obtain water prevented the investigation of
this area. However, Revolver still holds a drilling permit for at least four
additional holes and expects to resume its drilling campaign on the Au-rich zone
in the early summer months.


Revolver commissioned Black Hawk Diamond Drilling Ltd. for the drilling
operations. UTM Exploration Services from Smithers, BC perfomed the on-site
management of drilling operations, core logging and core sampling. UTM
established a strict protocol for the QA/QC program including the insertion of
standards, blanks and duplicates into the sampling procedure. Assays were
performed at the AGAT Laboratories using aqua regia digestion with ICP/ICP-MS
finish for Cu and other metals and fire assay with ICP-OES finish for Au.


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


Pistol Bay further reports that Rio Tinto Canada Uranium Corporation ("RTCUC")
continues to drill on the C-5 Uranium property in the Athabasca Basin,
Saskatchewan. RTCUC is currently on the fourth hole of a total of approximately
2,500m of diamond drilling proposed for the 2014 C-5 Block winter exploration
program with a budget of $1,200,000. 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. 


About Pistol Bay Mining Inc. (TSX VENTURE:PST) is a diversified Junior Canadian
Mineral Exploration Company with a focus on graphite, precious and base metal
properties in North America.. 


For additional information please contact Charles Desjardins at Pistol Bay
Mining Inc. or visit www.pistolbaymining.com.


On Behalf of the Board of Directors 

PISTOL BAY MINING INC. 

Charles Desjardins, President and Director 

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. 

Cautionary note: 

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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Pistol Bay Mining Inc.
Charles Desjardins
President and Director
604-683-5445
604-687-9631 (FAX)
info@pistolbaymining.com
www.pistolbaymining.com

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