David H. Brett, President and CEO, Pacific Bay Minerals Ltd. provides an update on the status of the filing of its interim financial statements, including the accompanying management's discussion and analysis, and related CEO and CFO certifications for its interim period ended March 31, 2020. Earlier this year, the Canadian Securities [...]
David H. Brett, President and CEO, Pacific Bay Minerals Ltd. provides hereby an update on the status of the filing of its annual financial statements, including the accompanying management's discussion and analysis, and related CEO and CFO certifications for its financial year ended December 31, 2019. On March 18, 2020, the Canadian Securities [...]
David H. Brett, President and CEO, Pacific Bay Minerals Ltd. reports that a review of historical exploration data at the Company's 100% owned Wheaton Creek Gold Property south of the Turnagain River near Dease Lake in northern BC , has highlighted a number of significant and encouraging findings, including a 1986 drill hole that cut 4.9 gpt gold [...]
David H. Brett, President and CEO, Pacific Bay Minerals Ltd. reports that the first hole of a two-hole, 236 metre drill program at the Company's 100% owned Weaver Lake gold property in the New Westminster Mining Division in southern BC returned assays of 2 g/t gold and 13.71 g/t silver over 4.61 metres. These results represent core lengths only, as [...]
David H. Brett, President and CEO, Pacific Bay Minerals Ltd. is pleased to report that veteran geologist Frank Moyle, B.Sc., has joined the board of directors of the Company. Longtime director Joel Tarrida, businessman based in Bellingham, WA, has stepped down. "Myself & the rest of the board and management of Pacific Bay would like to express our [...]
David H. Brett, President and CEO, Pacific Bay Minerals Ltd. reports assay results from a 7 hole, 448.2 metre diamond drill program completed at the Company's 100% owned Haskins-Reed polymetalic exploration project near Cassiar in northern BC. DJ Drilling of Surrey BC, used a low-impact, man-portable diamond drill to test targets near the Meteor [...]
David H. Brett, President and CEO, Pacific Bay Minerals Ltd. reports that agreements to settle debt with seven creditors, as previously announced on September 14, 2018, and December 21, 2018, have been completed. The Company has issued 5,688,588 common shares at a deemed price of $0.10 per share to extinguish $568,858 of debts. These shares are [...]
David H. Brett, President and CEO, Pacific Bay Minerals Ltd. reports that the share consolidation has become effective, and the post-consolidation common shares commenced trading at the open of the market on Friday December 21, 2018. There were 7,362,323 post-consolidation common shares of the Company outstanding prior to completion of the Offering [...]
David H. Brett, President and CEO, Pacific Bay Minerals Ltd. reports that the share consolidation that was approved by shareholders on June 22, 2018, shall be become effective prior to the open of the market on Friday December 21, 2018. Further, the post-consolidation common shares shall commence trading on Friday December 21, 2018. The name of the [...]
David H. Brett, President and CEO, Pacific Bay Minerals Ltd. reports that the Company has completed two diamond drill holes at the Company's 100% owned Weaver Lake gold property in the New Westminster Mining Division in southern BC. The holes targeted a previously identified high grade gold bearing quartz vein. Mineralized intercepts were [...]
David H. Brett, President and CEO, Pacific Bay Minerals Ltd. reports that a diamond drill program is now underway at the Company's 100% owned Haskins-Reed polymetalic exploration project near Cassiar in northern BC. Drill contractor DJ Drilling is using a low-impact, highly portable rig to test targets near the Meteor Zone, where 2011 drill hole [...]
David H. Brett, President and CEO, Pacific Bay Minerals Ltd. reports that it intends to proceed with a consolidation of its share capital on a 5:1 basis . The Consolidation as approved by shareholders of the Company at its recently completed annual general meeting. Concurrently with the Consolidation, the Company plans to issue 6,088,588 [...]