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Pacific Bay Minerals Ltd V.PBM

Alternate Symbol(s):  PBMFF

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 Dec 29, 2022 3:02pm
215 Views
Post# 35195780

Barkerville

Barkerville
Barkerville was a 1800's discovery in British Columbia not unlike Wheaton Creek and Atlin, in terms of the type of large gold nuggets located by early placer miners at the surface.   Barkerville has been a success in discovering a rich hard rock gold deposit.  This is the type of outcome Brixton / Pac Bay wants to achieve at Atlin:

https://www.westerninvestor.com/british-columbia/new-cariboo-gold-project-near-barkerville-firing-up-excitement-6188090

With PBM, I see a common thesis and an interesting hypothesis for their current two projects that  they are pursuing.  First there was Wheaton Creek and then the Atlin opportunity came along.  Both involve finding a hard rock source of the large nuggety placer gold using modern geology theories and exploration techniques.   

Funding of course is the challege that all explorers currently face. 
 


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