David H. Brett, President and CEO, Pacific Bay Minerals reports that the Company has commenced an exploration program at the July uranium project in Chubut Province, Argentina. The program will consist of prospecting, mapping, sampling, soil geochemistry and trenching of known mineralized zones. The Company is earning a 90% interest in the property [...]
David H. Brett, President and CEO, Pacific Bay Minerals reports that the Company has signed a Letter of Intent with U3O8 Corp. to sell, subject to the acceptance of the TSX Venture Exchange, its 100% interest in its BASA 1-3 mineral claims in Chubut Province, Argentina to U3O8 Corp. in consideration for: (i) 1.5 million shares of U3O8 Corp.; (ii [...]
David H. Brett, President and CEO, Pacific Bay Minerals reports that the 2011 MMI Phase II soil sampling program at the Company's 100% optioned Ax Silver Property near Cassiar in Northern BC has expanded the 2010 multi-element soil geochemical anomaly by 600 metres to the northeast. Traditional multi-element soil geochemical anomaly obtained [...]
David H. Brett, President and CEO, Pacific Bay Minerals reports that the Company's wholly owned Argentine subsidiary Bahia Atlantica, S.A. has signed an agreement with state owned Petrominera Chubut S.E. granting the Company an option to acquire 90% of the July Uranium Project, located Chubut Province, Argentina. The 2,330 hectare July Project is [...]
David H. Brett, President and CEO, Pacific Bay Minerals reports that a 214 metre 2011 trenching program focusing on the Meteor Zone of its 100% owned Haskins-Reed project in northern BC, including 15 excavator trenches, encountered significant silver and base metal values. The Meteor zone has now been traced on strike for over 555 metres. The [...]
David H. Brett, President and CEO, Pacific Bay Minerals reports that the Company encountered significant silver and base metal intercepts from its 11 hole, 1,245-metre drill program at its 100% optioned Haskins-Reed property near Cassiar in northern British Columbia, including 14 Metres of 102.59 g/t Silver, 0.52% Copper, 4.96% Zinc, and 0.29 [...]
David H. Brett, President and CEO, Pacific Bay Minerals reports that the Company is awaiting check-assay results for an 11 hole, 1,245-metre drill program completed this summer at the Company's 100% optioned Haskins-Reed polymetallic property in the Cassiar Region of north-central British Columbia. The program targeted Meteor Zone (9 holes [...]
