Pacific Bay Minerals Ltd. reports that the Company is in receipt of a new geological report on the Weaver Gold Property in southwestern BC by Kristian Whitehead, P.Geo., who has significant expertise in the area. Historic drilling at Weaver Gold has returned impressive high-grade gold results in quartz carbonate veins that have potential for extension. As previously reported, Weaver Gold is under an option agreement with [...]
Pacific Bay Minerals Ltd. reports that the Company has signed a Letter of Intent with Aurwest Resources Corp. whereby Aurwest can earn a 50% interest in the Company's 100% owned Weaver Gold Project over three years . About Weaver Gold Located in southwestern British Columbia's prolific East Harrison Lake Belt, the Property hosts strong potential for orogenic gold-silver mineralization hosted in structurally controlled [...]
Pacific Bay Minerals Ltd. "Pacific Bay" or the "Company") reports that the Company's proposed acquisition of the Pereira Velho project in Alagoas State, Brazil, as initially disclosed on January 7th, 2025, will not be proceeding. The vendor, Appian Capital Advisory LLP, has optioned the property to another buyer. "Pacific Bay remains upbeat on Brazil and continues to look for quality gold properties to acquire in that [...]
Pacific Bay Minerals Ltd. reports that, effective immediately, Pacific Bay Chairman David H. Brett will assume the role of President and CEO, succeeding Reagan Glazier. This transition enables Mr. Glazier to fully dedicate his time to other professional commitments, while he continues to lend his valuable expertise as a member of the Company's board of directors, supporting ongoing strategic initiatives and growth. Mr [...]
David H. Brett, Chairman of Pacific Bay Minerals Ltd. is pleased to announce several corporate initiatives including the sale of its 100% owed Sphinx property north of Dease Lake, amendments by the recent Government of Canada Budget to include Tungsten & Bismuth as critical minerals, which positively impact its Haskin-Reed property, the initiation of a work program at the Weaver Gold project and the receipt of an [...]
David H. Brett, Chairman of Pacific Bay Minerals Ltd. reports that the Company is pleased to announce a non-brokered private placement offering of up to 2,000,000 flow-through units at $0.10 per unit , for gross proceeds of $200,000 and 1,500,000 non flow through units at $0.07 per unit for gross proceeds of $105,000, totalling $305,000 in gross proceeds . The Financing is subject to the acceptance of the TSX Venture [...]
David H. Brett, Chairman of Pacific Bay Minerals Ltd. reports that a crew has mobilized to the Company's 100% owned Haskins-Reed Critical Minerals Property in the Cassiar District of north-central BC, accessible by Highway 37. The program will follow up on high-grade Tungsten skarns at the Mount Reed prospect, where historical drilling returned values of 2.01% WO3 over 3.3 metres, 0.37% WO3 over 5.18 metres and 0.17% WO3 [...]
Reagan Glazier, President & CEO, Pacific Bay Minerals Ltd. reports that the proposed extension of warrants announced July 8th, 2025 will not be proceeding. The Company previously announced its intention to extend the expiry of 7,365,873 warrants that were issued July 20, 2022 pursuant to a non-brokered private placement financing, which extension was subject to TSX Venture Exchange approval. The 2022 Warrants had an [...]
Pacific Bay Minerals issues the following clarifying news release to provide additional details relating to its private placement announced July 2nd, 2025. The Company is pleased to announce a non-brokered private placement of up to 20,000,000 units at a price of $0.10 per Unit for gross proceeds of up to $2,000,000. Each Unit will consist of one common share and one common share purchase warrant. Each Warrant will be [...]
Pacific Bay Minerals Ltd. is pleased to announce a non-brokered private placement of up to 20,000,000 units at a price of $0.10 per Unit for gross proceeds of up to $2,000,000 . Each Unit will consist of one common share and one common share purchase warrant . Each Warrant will be exercisable to acquire one additional common share at a price of $0.15 per share for a period of 24 months from the date of issuance. The [...]
Pacific Bay Minerals Ltd. is pleased to announce the signing of an extension to the previously announced non-binding Letter of Intent with Appian Capital Advisory LLP to acquire a 100% interest in the Pereira Velho gold project located in Alagoas State, Brazil. The Acquisition includes 11 mineral claims totaling 14,596 hectares. The Company is also pleased to announce the filing of the related 43-101 technical report [...]
Reagan Glazier, President & CEO Pacific Bay Minerals Ltd. reports that the shares of the Company will be reinstated for trading by the TSX Venture Exchange on commencement of trading, Monday April 21st, 2025. The shares of the Company were halted upon the Company disclosing in its January 7th, 2025 news release that is had signed a letter of intent to acquire a property in Brazil that was deemed to be a Fundamental [...]