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 [...]
Reagan Glazier, President and CEO of Pacific Bay Minerals Ltd. reports the appointment of a new Chief Financial Officer. Longtime CFO Leanora Brett has stepped down and is replaced by Philip Ellard, CPA. Ms. Brett remains Corporate Secretary of the Company. Philip Ellard is a designated CPA with a Bachelor of Commerce Honours from the University of British Columbia. His expertise includes providing financial reporting [...]
Pacific Bay Minerals Ltd. , is pleased to announce the signing of a non-binding Letter of Intent with Appian Capital Advisory LLP to acquire 100% of the Pereira-Velho gold prospect in Alagoas State, Brazil, containing 11 mineral claims totaling 14,596 Hectares . The Project The Pereira-Velho Project, located in inland Alagoas State, Brazil, is a jurisdiction where copper ore and concentrates represent the state's [...]
Pacific Bay Minerals Ltd. , a mineral exploration company, is pleased to announce the completion of its field program undertaken at its 100% wholly owned, royalty-free Sphinx Mountain Rare Earth Element project, approximately 45 kilometers North of Dease Lake, British Columbia. The project included geological mapping, prospecting, ground-based geophysics, stream-sediment samples, soil samples and rock samples covering the [...]
Pacific Bay Minerals Ltd. , is pleased to announce that the Company has appointed Brazilian geologist Elton L.S. Pereira as Vice President Exploration, effective immediately. Mr. Pereira brings to Pacific Bay a wealth of international success in the mining exploration industry. Mr. Pereira led the development of Brazauro Resources Corp.'s Tocantinzinho Gold Project, which was the first major discovery in the now prolific [...]
Pacific Bay Minerals Ltd. reports that the balance of its non-brokered private placement announced on March 18, 2024 and March 26, 2024 will not be proceeding. The Company announced the closing of a First Tranche on May 13th, whereby the Company issued a total of 2,600,000 units at $0.05 per Hard Unit, and 1,178,144 flow-through units at $0.07 per Flow-Through Unit, for aggregate total gross proceeds of $212,470. About [...]
Pacific Bay Minerals Ltd. is pleased to announce the closing of a first tranche of its non-brokered private placement , previously announced on March 18, 2024 and March 26, 2024, issuing a total of 2,600,000 units at $0.05 per Hard Unit, and 1,178,144 flow-through units at $0.07 per Flow-Through Unit, for aggregate total gross proceeds of $212,470. Each Hard Unit consists of one common share and one common share purchase [...]
Pacific Bay Minerals Ltd. reports that its previously announced non-brokered private placement of flow-through and non-flow-through units has been increased by $100,000 for gross proceeds of up to $350,000, now consisting of $150,000 non-flow-through units and $200,000 flow-through units . Each Hard Unit will consist of one common share and one common share purchase warrant . Each Flow-through Unit will consist of one [...]
Pacific Bay Minerals Ltd. announces a non-brokered private placement for the proceeds of up to $250,030 . The Financing will consist of 3 million Units at a price of $0.05 per Unit and approximately 1,429,000 flow-through units offered at a price of $0.07 per FT Unit. Each Unit will comprise one common share and one common share purchase warrant . Each FT Unit will consist of one charity flow-through common share and one [...]
Pacific Bay Minerals Ltd. , a mineral exploration company, is pleased to announce the staking of the Sphinx Mountain Rare Earth Elements Project, situated in Northern British Columbia, approximately 50km North East of Dease Lake. Previously owned by Pacific Bay, a 2011 work program designed to follow up on anomalously high British Columbia Geology Survey data involving stream sediment samples identified, confirmed and [...]
Pacific Bay Minerals Ltd. "Pacific Bay" or the "Company," announces that the Company has granted 2,050,000 incentive stock options to officers and directors of the Company. The Options are exercisable at $0.05 per share for a period of three years from the date of grant. The Options have been granted under and are governed by the terms of the Company's Incentive Stock Option Plan. About Pacific Bay Minerals Pacific Bay [...]