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Pacific Bay Minerals Ltd.
Summary
| Project: | Weaver Lake | |
|---|---|---|
| Deposit: | Weaver Lake | |
| Location: | Canada | |
| Commodities: | Gold-Silver | |
| Date: | 8/12/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 12-8-2019: Pacific Bay Minerals Ltd. announces an Exploration/Drilling Update report for its Weaver Lake deposit at the Weaver Lake project. Drilling results incl. 4.61m @ 2g/t Au, 13.71g/t Ag. For Immediate Release. Vancouver, British Columbia, August 12 | |
| Resources: | x | |
| CP/QP: | [Overall Report]: David Bridge (Internal) | |
| ABSTRACT: | For Immediate Release. Vancouver, British Columbia, August 12, 2019. David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (TSX Venture: PBM, “Pacific Bay” or the “Company”) reports that the first hole of a two-hole, 236 metre drill program at the Company’s 100% owned Weaver Lake gold property in the New Westminster Mining Division in southern BC returned assays of 2 g/t gold and 13.71 g/t silver over 4.61 metres. These results represent core lengths only, as the true width of the structure has not yet been determined. The second hole returned no significant assays. The 2018 holes were drilled to test the extension of the high grade gold and silver quartz – carbonate shear hosted veins intersected in a 1975 drilling program and subsequent underground workings. Drill hole 18-01 was drilled at an 010o azimuth for 121.92 meters and it intersected a package of variably altered tuff and hornfels tuff, including an interval of brecciated quartz-carbonate rhodocrosite veins from 19.6 meters to 40 meters in which the interval from 27.11 metres to 32.01 metres returned 2.0 g/t Au and 13.71 g/t Ag. | |
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