Bullboard - Stock Discussion Forum Pacific Bay Minerals Ltd V.PBM

Alternate Symbol(s): PBMFF

Metals & Mining Industrial Metals & Minerals

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... see more

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Pacific Bay Minerals Ltd > 3 meters of 10 g/t gold. Need to go deeper

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Post by StrikeGold on Dec 12, 2022 3:22pm

3 meters of 10 g/t gold. Need to go deeper

https://stockhouse.com/news/press-releases/2022/12/12/pacific-bay-drills-3-05-metres-of-9-96-g-t-gold-at-atlin-goldfields

Looks like drilling issues prevented the desired depth being reached. Use of wider drill and different technique planned next year to handle conditions better.

Noted that 2nd hole without gold values did end in mineralization, and near the start of the mineralized zone in that hole. Too bad they couldn't go another 100 yards deeper too see what is there, since earlier drilling at Yellowjacket was shallow.

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