Pacific Bay Minerals Ltd.

David H. Brett, President and CEO, Pacific Bay Minerals Ltd. reports that Pacific Bay has signed a Letter Agreement with Brixton Metals Corp. to acquire an option to purchase up to a 100% interest in the Atlin Goldfields Project, located in Northwest British Columbia. The Agreement is subject to the completion of a definitive option agreement, the completion by PBM of a $500,000 financing, and the approval of the TSX [...]

David H. Brett, President and CEO, Pacific Bay Minerals, is sad to report that his father and long-time director and former CEO of Pacific Bay Guilford H. Brett passed away peacefully in Vancouver on February 25th, 2022 at the age of 91. Guil Brett's career in the mining industry spanned eight decades. Starting as a prospector with his brother Fred in the 1950s, Guil founded Cusac Gold Mines Ltd. in 1965, launching a long [...]

David H. Brett, President and CEO, Pacific Bay Minerals is pleased to announce that the Company has increased its land position at the Wheaton Creek Gold Project. An additional 730 hectares adjoining the southern limit of the existing mineral tenures held by the Company was acquired via staking, increasing the land position to 3,750 hectares. The additional acreage encompasses the extension of the sedimentary-ultramafic [...]

David H. Brett, President and CEO, Pacific Bay Minerals Ltd. , announces that the $100,000 non-brokered private placement announced on the 14th of December, 2021, will not be proceeding. David Brett, CEO dbrett@pacificbayminerals.com 682-2421 Helder Carvalho, Vice President, Corporate Development hcarvalho@pacificbayminerals.com pacificbayminerals.com / Twitter / LinkedIn To view the source version of this press release [...]

Pacific Bay Minerals Ltd. is pleased to announce that the Company has arranged a non-brokered private placement issuing 833,334 flow-through units priced at $0.12 per unit for gross proceeds of $100,000. Each flow-through unit consists of one flow-through share and one warrant to purchase an additional non flow-through share at a price of $0.12 for a period of 12 months. The funds from the Offering will be used to fund [...]

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 [...]