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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
Pacific Bay Minerals Ltd. "Pacific Bay" or the "Company," A mineral explorer and developer, is pleased to announce Joao Alexandre Almeida Vieira is moving into the role of Director, effective immediately. João Alexandre has been involved in mining exploration for over 15 years and has experience in prospecting, property evaluation, exploration, and [...]
Pacific Bay Minerals Ltd. , reports that the Board of Directors of the Company have accepted the resignation of Mr. Antonio Vespa effective immediately. "We are appreciative of Antonio's efforts and all that he has done for the Company and would like to thank him on behalf of the rest of the board as we have progressed the business," stated CEO and [...]
Pacific Bay Minerals Ltd. reports that the Company has closed partial proceeds of the non-brokered, $500,000 private placement announced May 15, 2023, amended terms of which were announced May 30th, 2023 , totaling $28,000. The balance of the Financing will not be proceeding. According to the amended terms of the Financing, the Company issued [...]
Reagan Glazier, President & CEO, Pacific Bay Minerals Ltd. reports that the Company's option agreement with Brixton Metals Corp. to acquire the Atlin Goldfields Project has terminated. The Company was not in a position to make the $200,000 cash payment to Brixton and notwithstanding Pacific Bay's attempt to renegotiate the terms of the option [...]
