20:53:43 EDT Thu 02 May 2024
Enter Symbol
or Name
USA
CA



Pacific Bay Minerals Ltd (3)
Symbol PBM
Shares Issued 19,197,539
Close 2014-10-14 C$ 0.06
Market Cap C$ 1,151,852
Recent Sedar Documents

ORIGINAL: Pacific Bay drills 246 m hole at Boulder

2014-10-20 09:01 ET - News Release

 Bay Minerals <ian@calibercommunication.com>
Subject: News For Immediate Release: Diamond Drilling at the Boulder GoldProperty

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NEWS RELEASE
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Diamond Drilling at the Boulder Gold Property Encounters Broad Pyritized and Silicified
Zone
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

For Immediate Release.  Vancouver, British Columbia, October 20, 2014. David H. 
Brett, President and CEO, Pacific Bay Minerals Ltd. (TSX Venture: PBM, the "Company")
reports that the Company has completed a 246-metre diamond drill hole at its 100%
optioned Boulder Gold Property near the Turnagain River; approximately 60 kilometres
east of the village of Dease Lake in the Skeena Mining Division, British Columbia.

The drill hole was collared on weakly pyritized clastic metasedimentary rocks exposed
by recent placer gold mining. The lower half of the drillhole encountered highly-altered,
quartz-veined and sulphide-rich metasedimentary rocks.

Geological logging of the drill core is now being conducted and drill core samples
are being prepared for analysis.  The results of the drill core samples will be 
released when received and reviewed.

"Pacific Bay management is very encouraged by this diamond drill hole as it has 
encountered well-mineralized material in a geological setting favourable for lode
gold deposition," said Pacific Bay CEO David Brett. "Only the assays will reveal
 if this hole has economic significance, but we now have an excellent target to 
focus future drilling."

The technical disclosures in this news release were reviewed and approved by Doug
Blanchflower, P.Geo., a Qualified Person, as defined by National Instrument 43-101.

Pacific Bay Minerals Ltd.

Per/

David H. Brett, MBA,

President & CEO
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<div style="text-align: center; line-height: 1.1;" align="center"><b>NEWS RELEASE</b></div>
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<div style="text-align: center; line-height: 1.1; font-family: Arial,Helvetica,sans-serif; font-size: 14pt;" align="ce
--->nter"><span><b>Diamond Drilling at the Boulder Gold Property Encounters Broad Pyritized and Silicified Zone&nbsp;&nbsp
--->;</b></span><span><strong>&nbsp;</strong></span></div>
<div style="text-align: center; line-height: 1.1;" align="center"><span><strong>&nbsp;</strong></span></div>
</td></tr></table>

 <table border="0" width="100%" cellpadding="0" cellspacing="0" id="content_LETTER.BLOCK8"><tr><td style="color:#00000
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--->colspan="1" align="left">
<div>

<p style="margin-top: 0px; margin-bottom: 0px;"><strong><em>For Immediate Release</em></strong><span><strong><em>.&nbs
--->p;</em> Vancouver, British Columbia, October 20, 2014. David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (T
--->SX Venture: PBM, the "Company")</strong> reports that the Company has completed a 246-metre diamond drill hole at its 
--->100% optioned Boulder Gold Property near the Turnagain River; approximately 60 kilometres east of the village of Dease
---> Lake in the Skeena Mining Division, British Columbia.</span></p>
<p style="margin-top: 0px; margin-bottom: 0px;"><span>&nbsp;</span></p>
<p style="margin-top: 0px; margin-bottom: 0px;"><span>The drill hole was collared on weakly pyritized clastic metasedi
--->mentary rocks exposed by recent placer gold mining. The lower half of the drillhole encountered highly-altered, quartz
--->-veined and sulphide-rich metasedimentary rocks.</span></p>
<p style="margin-top: 0px; margin-bottom: 0px;"><span>&nbsp;</span></p>
<p style="margin-top: 0px; margin-bottom: 0px;"><span>Geological logging of the drill core is now being conducted and 
--->drill core samples are being prepared for analysis.  The results of the drill core samples will be released when recei
--->ved and reviewed.</span></p>
<p style="margin-top: 0px; margin-bottom: 0px;"><span>&nbsp;</span></p>
<p style="margin-top: 0px; margin-bottom: 0px;"><span>"Pacific Bay management is very encouraged by this diamond drill
---> hole as it has encountered well-mineralized material in a geological setting favourable for lode gold deposition," sa
--->id Pacific Bay CEO David Brett. "Only the assays will reveal if this hole has economic significance, but we now have a
--->n excellent target to focus future drilling."</span></p>
<p style="margin-top: 0px; margin-bottom: 0px;"><span>&nbsp;</span></p>
<p style="margin-top: 0px; margin-bottom: 0px;"><span>The technical disclosures in this news release were reviewed and
---> approved by Doug Blanchflower, P.Geo., a Qualified Person, as defined by National Instrument 43-101. </span></p>
<p style="margin-top: 0px; margin-bottom: 0px;"><span>&nbsp;</span></p>
<p style="margin-top: 0px; margin-bottom: 0px;"><span>Pacific Bay Minerals Ltd. </span></p>
<p style="margin-top: 0px; margin-bottom: 0px;"><span>Per/</span></p>
<p style="margin-top: 0px; margin-bottom: 0px;"><span>&nbsp;</span></p>
<p style="margin-top: 0px; margin-bottom: 0px;"><span>&nbsp;</span></p>
<p style="margin-top: 0px; margin-bottom: 0px;"><span>David H. Brett, MBA, </span></p>
<p style="margin-top: 0px; margin-bottom: 0px;"><span>President & CEO </span></p>
<br /></div>
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