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Last C$0.05 CAD
Change Today +0.005 / 11.11%
Volume 30.6K
PBM On Other Exchanges
PBM is not on other exchanges.
As of 10:30 AM 06/29/15 All times are local (Market data is delayed by at least 15 minutes).

pacific bay minerals ltd (PBM) Snapshot

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06/18/15 - C$0.07
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03/25/15 - C$0.02
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pacific bay minerals ltd (PBM) Details

Pacific Bay Minerals Ltd., an exploration stage company, engages in the acquisition, exploration, and evaluation of uranium, precious, and base metal mineral properties in Argentina and Canada. The company was founded in 1983 and is based in Vancouver, Canada.

Founded in 1983

pacific bay minerals ltd (PBM) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: C$114.0K
Chief Financial Officer and Corporate Secreta...
Total Annual Compensation: C$15.0K
Compensation as of Fiscal Year 2013.

pacific bay minerals ltd (PBM) Key Developments

Pacific Bay Minerals Ltd. Auditor Raises 'Going Concern' Doubt

Pacific Bay Minerals Ltd. filed its Annual on May 11, 2015 for the period ending Dec 31, 2014. In this report its auditor, Lancaster & David, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Pacific Bay Minerals Ltd. Reports Significant Zinc Assay Results from its Six-Hole, 409-Metre Diamond Drilling Program Within the Brett Zone at Haskins-Reed Polymetallic Property Near Cassiar in Northern B.C

Pacific Bay Minerals Ltd. reported significant zinc assay results from its six-hole, 409-metre diamond drilling program within the Brett Zone at the company's 100% owned Haskins-Reed polymetallic property near Cassiar in northern B.C. The results include an intercept of 7.27% zinc across a core length of 9.70 metres. Five of the six drill holes intersected zinc and magnetite mineralization. The Brett Zone zinc mineralization was discovered by Canadian Superior in the early 1980's while exploring for tungsten mineralization. In 1997 Demand Gold conducted a diamond drilling program that tested the zinc mineralization along strike and downdip. The 1997 diamond drilling results included zinc values ranging from 0.01 to 18.96% zinc, including high grade zinc intercepts of 21.19% over 2.6 meters and 9.23% over 13.20 metres. These results indicated that the Brett Zone is open to the east, west and down dip. The successful 2014 diamond drilling program was designed to confirm and possibly extend the known zinc mineralization. Drill holes 14-02 through 14-06 intersected magnetite-sphalerite (zinc) mineralization within the Brett Zone over a strike length of approximately 60 metres and a downdip extension of 55 to 60 metres. The mineralization strikes at an azimuth of 100o to 110° and dips steeply southward. Within the drill tested area the mineralization occurs locally at the bedrock surface beneath 6 metres of overburden. The results of the 2014 diamond drilling program indicate that the zinc mineralization at the Brett Zone is open both along strike and downdip. The 2014 drill core was logged, split, bagged and secured prior its direct delivery to the ALS Global processing laboratory in Whitehorse, Yukon. Standard reference material (SRM) samples were inserted at the rate of 1 per every 10 drill core samples, and blank rock samples were inserted at the rate of 1 per every 20 drill core samples. In total, 94 drill core samples, 5 blank and 10 SRM samples were delivered for analysis. At the ALS Global Laboratory in Whitehorse the drill core and quality assurance (QA) samples were crushed, pulverized and a sample split was sent directly to their laboratory facilities in North Vancouver. There the sub-samples were analyzed for 33 elements using conventional ICP-AES Analysis. Gold was analyzed using Fire Assay Fusion and Atomic Absorption Spectrometry on 30-gram analytical pulps. The quality control-quality assurance (QA/QC) sample results, including the in-house ALS Global quality control samples, were reviewed and it was determined that the analytical results were acceptable within industry standards.

Pacific Bay Minerals Ltd. Completes 246-Metre Diamond Drill Hole At its 100% Optioned Boulder Gold Property Near the Turnagain River

Pacific Bay Minerals Ltd. reported 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.


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