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Bullboard - Stock Discussion Forum 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... see more

TSXV:PBM - Post Discussion

Pacific Bay Minerals Ltd > Another write up
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Post by gold_strike on Mar 13, 2020 4:06pm

Another write up

I like the organization of the information from this particular news clip from September.   Hoping to hear about some financing soon for a 2020 exploration program.
 
https://resourceworld.com/pacific-bay-sees-opportunity-at-wheaton-creek/
 
"Based on the analysis of the gold grains found in the mined placer gold, previous geologists working on the property have concluded that the source of the gold is originating in the underlying bedrocks of the Wheaton Creek drainage system. However, to date, the source of the local placer gold has yet to be discovered…...

A series of major northwest by southeast fault structures transect the property within some highly prospective geological terrain. To date, less than 1,500 metres of drilling has been carried out on the property, with very limited follow up from the historic results, within the productive placer operations."
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