Forty Pillars Mining Corp. Engages Coast Mountain Geological
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Forty Pillars Mining Corp. Engages Coast Mountain Geological
Vancouver, B.C. – September 3, 2024 ‐ Forty Pillars Mining Corp. (CSE: PLLR) (the “Company” or
“Forty Pillars”) is pleased to announce that the Company has entered into a service agreement to engage
Coast Mountain Geological Ltd. (“ CMG”) for the management and ongoing geological services ,
commencing in mid-September 2024, of the exploration activities at the Company’s Silver Dollar Project
located in the Revelstoke Mining Division, British Columbia.
CMG is a forward -thinking geological consulting firm, offering a full range of services that includes
highly diversified international expertise to all aspects of the mineral exploration and geotechnical
process. CMG has provided worldwide geological servi ces to clients for over thirty years, with a team
of geoscience enthusiasts led by seasoned industry professionals.
The Silver Dollar Project (the “Project”)
The Silver Dollar Project is located 45 kilometers southeast of the city of Revelstoke and 15 kilometers
north-northeast of the community of Trout Lake, British Columbia. The Project consists of 10 contiguous
claims covering 3,344.68 hectares which includes two Crown grants totaling 41.85 hectares of land. The
project encompasses numerous historical small -scale past -producing mines that exploited high -grade
gold, silver, and base metal mineralization associated with the prolific Camborne fault. Most notab ly,
the Silver Dollar mine is historically reported to have produced 9.8 kg Ag, 1,378 kg Pb, and 1,009 kg Zn
from a single 6 tonne shipment in 1947 (BC Minfile 082KNW101).
More recent exploration since 2017 has produced bonanza-grade gold and silver rock samples, including
57.1 g/t Au & 108 g/t Ag returned from a grab sample at the Gillman occurrence, and 1,991 g/t Ag in a
select grab sample from the Beatrice Crown grant. Airborne data collected in 2019 clearly defines the
Camborne fault striking through the entirety of the Project, and soil samples collected since 2017 have
outlined multi-element anomalies tracing this mineralizing structure.
The reader is cautioned that grab samples by nature are selective and therefore may not be representative
of the mineralization being evaluated.
Qualified Person
Thomas Hawkins, P. Geo. (# 39892), a “Qualified Person” for the purposes of National Instrument 43 -
101 – Standards of Disclosure for Mineral Projects , has reviewed and approved the scientific and
technical information contained in this news release.
About Forty Pillars
Forty Pillars Mining Corp. is a Vancouver, B.C. based mineral exploration company focused on exploring
the Silver Dollar Project located in the Greenwood Mining Division, B.C.
FOR FURTHER INFORMATION CONTACT:
Nader Vatanchi
Chief Executive Officer
p: 778-881-4631
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Neither the Canadian Securities Exchange nor its Market Regulator (as the term is defined in the policies
of the Canadian Securities Exchange) accepts responsibility for the adequacy of accuracy of this news
release.
Certain information contained herein constitutes “forward -looking information” under Canadian
securities legislation. Forward -looking information includes, but is not limited to : statements with
respect to CMG, anticipated results of the Project, the commencement of exploration work and further
exploration or drilling work in the future, the mineralization potential of the Project and the Company’s
objectives, goals or future plans with respect to the Project. Generally, forward-looking information can
be identified by the use of forward-looking terminology such as “anticipates”, “anticipated” “expected”
“intends” “will” or variations of such words and phrases or statements that certain actions, events or
results “will” occur. Forward -looking statements are based on the opinions and estimates of
management as of the date such statements are made and they are from those expressed or implied by
such forward-looking statements or forward-looking information subject to known and unknown risks,
uncertainties and o ther factors that may cause the actual results to be materially different, including
receipt of all necessary regulatory approvals. Although management of the Company have attempted to
identify important factors that could cause actual results to differ ma terially from those contained in
forward-looking statements or forward-looking information, there may be other factors that cause results
not to be as anticipated, estimated or intended. There can be no assurance that such statements will
prove to be accurate, as actual results and future events could differ materially from those anticipated
in such statements. Accordingly, readers should not place undue reliance on forward-looking statements
and forward -looking information. The Company will not update any forward-looking statements or
forward-looking information that are incorporated by reference herein, except as required by applicable
securities laws.