Pacific Bay Minerals Ltd.

Pacific Bay Minerals Ltd. is pleased to announce that the Company has identified new drill targets and refined its drill program through analysis and interpretation of the airborne magnetic, VLF, and radiometric surveys carried out by Precision GeoSurveys Inc. over the Wheaton Creek Gold Property in Northern British Columbia. The objective of the analysis was to produce a 3D susceptibility model and identify geophysical [...]

Pacific Bay Minerals Ltd. is pleased to announce that Precision GeoSurveys Inc. has completed the airborne magnetic survey, announced on June 16, 2021, over the Company's 100% owned Wheaton Creek Gold property in Northern British Columbia. The survey has successfully outlined distinctive magnetic features that will assist the drill targeting in the upcoming program. From the Company's VP of Exploration, Sebastien Ah Fat [...]

Pacific Bay Minerals Ltd. is pleased to announce that the Company has engaged Precision GeoSurveys Inc. of Langley, British Columbia to perform a detailed airborne magnetic survey over the Company's 100% owned Wheaton Creek Gold property, located in Skeena Mining Division of BC. The survey will consist of approximately 305-line kilometres flown at 100-metre spacings utilizing Precision's exclusive triple boom magnetic [...]

David H. Brett, President and CEO, Pacific Bay Minerals Ltd. is pleased to provide an update on the Company's exploration strategy and program for its 100% owned Wheaton Creek Gold and Haskins-Reed polymetallic properties. Wheaton Creek: The recommended exploration includes: Site visit by the VP Exploration & VP Operations Airborne magnetic geophysics survey Geochemical soil survey Diamond drilling is expected to commence [...]

David H. Brett, President and CEO, Pacific Bay Minerals Ltd. reports that the Company has closed a $35,750 final tranche of a previously announce financing through issuance of 286,000 units at a price of at a price of $0.125 per unit . The Units consist of one common share and one warrant to purchase one additional common share at a price of $0.175 for one year. The Units issued under this final tranche will be subject to [...]

David H. Brett, President and CEO, Pacific Bay Minerals Ltd. reports that the Company has received TSX Venture Exchange approval to extend the closing date of the remaining 1,210,000 non flow-through units at a price of $0.125 per NFT Unit, to February 5th, 2021. Each NFT Unit consists of one common share and one warrant to purchase one additional common share at a price of $0.175 for one year. The NFT Units form part of [...]

David H. Brett, President and CEO, Pacific Bay Minerals Ltd. reports that the Company has received TSX Venture Exchange approval to extend the closing of the remaining $171,500 of a $537,500 non-brokered flow-through and non flow-through private placement announced on November 4, 2020 to January 21, 2021. A $366,000 first tranche of the Financing was closed on December 8, 2020. As yet unclosed are 113,200 flow-through [...]

David H. Brett, President and CEO, Pacific Bay Minerals Ltd. "Pacific Bay" or the "Company") reports that the Company has closed a $366,440 gross proceeds first tranche a $537,500 non-brokered private placement announced November 4, 2020. The Company issued 1,886,800 Flow Through Units at a price of $0.175 for proceeds of $330,190 and 290,000 Non Flow Through units at a price of $0.125 per unit for proceeds of $36,250 [...]

David H. Brett, President and CEO, Pacific Bay Minerals Ltd. reports that shareholder's passed all resolutions put before the Company's Annual & Special General Meeting held November 27th, 2020, in Vancouver, including the election of new director Antonio Vespa, the Company's current VP of Operations. 39.83% of the outstanding shares were voted at the meeting by proxy and in person. Management's slate of five directors [...]

David H. Brett, President and CEO, Pacific Bay Minerals Ltd. reports that the Company has repriced, subject to the acceptance of the TSX Venture Exchange, it's non-brokered private placement announced September 24, 2020 with planned gross proceeds of $625,000. The announced 1,500,000 non flow-through units at $0.15 per unit will now be priced at $0.125 per unit, consisting of one common share and one warrant to purchase [...]