Pacific Bay Minerals Ltd. reports that the Company has issued 1,089,285 common shares pursuant to the exercise of 1,089,285 warrants at $0.08 prior to their expiry on May 13th, 2026, for proceeds of $87,143. The proceeds were used to reduce accounts payable of the Company. The remainder of the outstanding 3,778,144 $0.08 warrants expired May 13th. The Company also advises that Philip Ellard, CFO of Pacific Bay since [...]
Pacific Bay Minerals Ltd. reports that the Company has filed a Notice of Work with the BC Ministry of Mining and Critical Minerals applying for a 5-year permit to complete up to 120 diamond drill holes comprising up to 24,000 metres over a 5-year period at the Company's 100% owned Haskins-Reed Critical Minerals Project in the Cassiar Mining Camp in North Central BC. The proposed 2026, year-one program plans to drill up to [...]
Pacific Bay Minerals Ltd. reports that the Company is adopting semi-annual financial reporting in place of quarterly reporting, effective for the three-month interim period ending . The British Columbia Securities Commission recently issued Coordinated Blanket Order 51-933, which allows eligible venture issuers listed on the TSX Venture Exchange or Canadian Securities Exchange to file financial reports twice a year rather [...]
Pacific Bay Minerals Ltd. reports that the Company has signed a non-binding letter of agreement with Eagle Plains Resources Ltd. , dated April 22, 2026 whereby PBM can, subject to the acceptance of the TSX Venture Exchange, acquire a 100% interest in EPL's Mount Haskins Property , which adjoins PBM's Haskins-Reed Critical Minerals Project near Cassiar in northern BC. Comprising 578 hectares, EPL's Haskins claims cover [...]
Pacific Bay Minerals Ltd. reports that the Company has entered into a definitive option and joint venture agreement with Aurwest Resources Corp. whereby Aurwest has acquired an option to earn, subject to the satisfaction of conditions, an undivided interest of up to 50% in Pacific Bay's Weaver Gold gold/silver property in British Columbia. Transaction Summary Pursuant to the terms of the definitive agreement, Pacific Bay [...]
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 [...]