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Pacific Bay Minerals Ltd PBMFF


Primary Symbol: V.PBM

Pacific Bay Minerals Ltd. is a Canadian mineral exploration company engaged in the acquisition, exploration, and development of mining projects. It is focused on its 100% owned properties located in British Columbia: Sphinx Mountain Rare Earth Project near Dease Lake in northern BC and the Haskins Reed Polymetalic Project near Cassiar BC. The Sphinx Mountain Rare Earth Property is located in Northern British Columbia by staking. The property, approximately 50 kilometers (km) from Dease Lake, is accessible and suitable for work during the summer and fall seasons. The Haskins-Reed Property is a zinc, silver, lead, copper and bismuth prospect with multiple mineralized zones. The Haskins-Reed property is located in the Cassiar Mining District of North Central British Columbia. The property, situated just off Highway 37, on Mount Haskins and Mount Reed, hosts numerous skarn, replacement and porphyry-style mineral occurrences.


TSXV:PBM - Post by User

Post by StrikeGoldon Nov 02, 2022 12:47pm
138 Views
Post# 35066801

Brixton interview on Atlin from 2021

Brixton interview on Atlin from 2021
https://www.cruxinvestor.com/articles/brixton-metals-bbb-new-clearer-plan-simpler-partner-model
 
Interview from Brixton CEO at minute 23:00 of video clip is interesting.  Comparision of Altin project to Victoria Gold.  Mentions finding a partner (which of course is now Pacific Bay)
 
Atlin Update:
 
The Atlin area has produced over 600,000oz. of placer-deposit gold from 1808 to 1946. Brixton acquired this property to hunt for the “mother-lode” hard rock source of the pacer deposits. The principal exploration targets for lode-style gold mineralization are quartz-carbonate-mariposite altered ultramafic and mafic bedrocks, commonly referred to as listwanite.
 
The Atlin concession is 100% owned by Brixton and covers some 950 square kilometers. With all that historical placer production, the company intends to find the source of all that free gold, said Thompson. Current assessments indicate that there is promise to discover a large intrusion-related gold system. He told us that Atlin reminds him of the Victory Gold occurrence in Yukon, when original placer gold mining led eventually to the discovery of the intrusion-hosted mother lode.
 
Geochemical work is planned for later in 20201. They are very interested in finding a partner, said Thompson.
 
 
History of placer mining at Atlin:
https://www.youtube.com/watch?v=m7yG6WrnKXI
 
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