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Pacific Bay Minerals Ltd.

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Summary

Project:

Haskins-Reed

Deposit:Haskins-Reed
Location:Canada
Commodities:Silver-Lead-Zinc-Copper-Bismuth
Date:1/25/2019
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:25-1-2019: Pacific Bay Minerals Ltd. announces an Exploration/Drilling Update report for its Haskins-Reed deposit at the Haskins-Reed project. Drilling results incl. 5.20m @ 35.83g/t Ag, 0.683% Pb, 6.204% Zn, 0.206% Cu, 0.011% Bi from 6.50m. For Immediate
Resources:x
CP/QP:[Overall Report]: Dave Bridge (Internal)
ABSTRACT:For Immediate Release. Vancouver, British Columbia, January 25, 2019. David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (TSX Venture: PBM, “Pacific Bay” or the “Company”) reports assay results from a 7 hole, 448.2 metre diamond drill program completed at the Company’s 100% owned Haskins-Reed polymetalic exploration project near Cassiar in northern BC. DJ Drilling of Surrey BC, used a low-impact, man-portable diamond drill to test targets near the Meteor Zone, where 2011 drill hole 11MZ-07 encountered 17.5 metres grading 88.35 g/t silver, 1.11% lead and 3.39% zinc. The 2018 program successfully extended the Meteor-Boot Zone by roughly 20 metres to the southeast. Shallow BQ diameter drilling intersected 5.2 metres grading 6.20% zinc, 35.83 gpt silver, 0.68% lead, and 0.23% copper. All reported grades are core lengths only, as the true width of the zone has not yet been determined. A full table of the results is inserted below. One of the intercepts indicated relatively high levels of Bizmuth, so a column in the table is included for that element as well.

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