Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Pacific Bay Minerals Ltd V.PBM

Alternate Symbol(s):  PBMFF

Pacific Bay Minerals Ltd is a Canada-based company, which is engaged in the acquisition, exploration, and development of mineral properties in Canada. It has a portfolio of properties in British Columbia's Golden Triangle, including the Haskins Reed, 30 kilometers (km) East of the Cassiar townsite, and Wheaton Creek projects. It focuses on exploring the two projects and identifying new targets within the prospective regions for both precious and transitional metals. Its projects include Wheaton Creek property, Weaver Lake property, and Haskins-Reed property. It owns 100% of the Wheaton Creek Gold property located in the Skeena Mining Division of northern British Columbia. The Weaver Lake property claims is located in the New Westminster Mining Division of British Columbia. The Haskins-Reed Property is a Zinc, Silver, Lead, Copper and Bismuth prospect with multiple mineralized zones outlined with approximately 200 drill holes substantial underground development completed.


TSXV:PBM - Post by User

Post by StrikeGoldon Dec 14, 2022 1:24pm
108 Views
Post# 35171291

Long term play

Long term play For good or bad this seems to be a play based on a thesis of a large and rich gold source for many of the Atlin placer gold operations, but is not likely to be a quick drill for the motherlode.   Anyone expecting a fast turnaround here will likely be disappointed.

Gaining needed interest for repeated financings is obviously a major consideration.    One plus is that a major task of consolidating sereral area claims and projects into a single large land area has already been done by Brixton.  There have been a few geological studies by both explorers and independent geologists that theorize a undiscovered hard rock gold source.  

One interesting note is that between Atlin and Wheaton Creek, Pac Bay has properties hosting the top 3  largest gold nuggets found in B.C. history (3rd largest being at Wheaton Creek), if I recall my past reading correctly

 
<< Previous
Bullboard Posts
Next >>