Pacific Bay Trenches 10 Metres of 87.42 g/t Silver, 1.49% Zinc, 2.18% Lead at Haskins-Reed
08 11월 2011 - 11:00PM
Marketwired
David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (TSX
VENTURE:PBM) (the "Company") reports that a 214 metre 2011
trenching program focusing on the Meteor Zone of its 100% owned
Haskins-Reed project in northern BC, including 15 excavator
trenches, encountered significant silver and base metal values. The
Meteor zone has now been traced on strike for over 555 metres. The
estimated widths of the zone vary from 4 to 16 metres and it is
offset by several faults. The zone is open both along strike to the
north and south and down dip. It is centered above a magnetic
anomaly interpreted to be an intrusive body, is coincident with a
strong VLF-EM anomaly and is along strike from a multi-element
geochemical anomaly 2 km to the south east. A table summarizing the
significant trenching results is located below.
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FROM TO Total Length
Trench No. (m) (m) (m) Ag g/t Pb% Zn% Bi % Cu% Au g/t
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11TR-14 15.0 20.0 5.0 146.00
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11TR-14 15.0 20.7 5.7 1.43
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11TR-14 17.5 20.7 3.2 2.06
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11TR-16 26.0 32.0 6.0 42.43
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11TR-16 26.0 32.0 6.0 0.15
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11TR-16 30.0 32.0 2.0 1.60
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11TR-17 5.0 15.0 10.0 87.42
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11TR-17 5.0 15.0 10.0 2.18
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11TR-17 5.0 15.0 10.0 1.49
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11TR-17 9.0 15.0 6.0 0.43
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11TR-20 6.5 16.5 10.0 57.00
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11TR-20 4.5 16.5 12.0 1.35
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11TR-20 2.5 18.5 16.0 2.68
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11TR-23 2.4 12.4 10.0 4.58
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11TR-27 2.0 7.0 5.0 1.10
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11TR-27 0.0 7.0 7.0 3.49
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"The Haskins-Reed property hosts multiple discrete mineralized
zones, such as the Meteor Zone and the B Zone, that all have
significant exploration upside," said Pacific Bay CEO David H.
Brett. "Management is currently planning its 2012 exploration
program."
The technical disclosures in this news release were reviewed and
approved by Doug Blanchflower, P.Geo., a Qualified Person, as
defined by National Instrument 43-101. Samples collected from the
Haskins-Reed property referenced in this news release were
submitted to and analysed by Eco Tech Laboratory Ltd. located in
Kamloops, BC.
Pacific Bay Minerals Ltd.
David H. Brett, MBA, President & CEO
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this news
release.
Contacts: Pacific Bay Minerals Ltd. Investor Relations (604)
682-2421 or Toll Free: 1-800-670-6570 (Canada) Toll Free:
1-800-665-5101 (USA) (604) 682-7576
(FAX)www.pacificbayminerals.com
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