David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (TSX VENTURE:PBM)
(the "Company") reports that the 2011 MMI Phase II soil sampling program at the
Company's 100% optioned Ax Silver Property near Cassiar in Northern BC has
expanded the 2010 multi-element soil geochemical anomaly by 600 metres to the
northeast. Traditional multi-element soil geochemical anomaly obtained through
2010 soil sampling combined with 2011 MMI soil geochemical anomaly now measures
approximately 600 metres by 800 metres. 


The Phase II exploration program was designed to target stratabound,
replacement-style silver-lead-zinc-copper mineralization, similar to that at the
Silver Tip silver-lead-zinc deposit situated 40 km to the northwest. The 2011
sampling work also extended geochemical coverage over the thicker
overburden-covered areas within the property. One hundred and nine MMI soil
samples were collected from approximately seven kilometres of GPS-controlled
survey grid lines. The 2011 MMI soil sampling extended 2010 geochemical coverage
to the northeast by approximately 600 metres and defined several clusters of
multi-element geochemical anomalies that form at least one 300-metre by
600-metre target zone. This target combined with 2010 soil and rock anomaly now
measures approximately 600 metres by 800 metres. Also, several additional
individual geochemical anomalies have been identified, most of which are open
for expansion.


In the northeastern part of the MMI soil grid, the presence of elevated nickel
(Ni) in MMI samples forms a coherent 300m wide by over 1km long belt. This
anomaly could possibly reflect a buried mafic intrusion.


For further details on property locations and geochemistry, please visit the
Company's website www.pacificbayminerals.com 


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. Sample analysis and assaying is being conducted by SGS Canada Inc. which
is an ISO/IEC 17025 accredited laboratory. Samples are analyzed using a
53-element through MMI-M5 package. 


Pacific Bay Minerals Ltd.

David H. Brett, MBA, President & CEO

Pacific Bay Minerals (TSXV:PBM)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024 Pacific Bay Minerals 차트를 더 보려면 여기를 클릭.
Pacific Bay Minerals (TSXV:PBM)
과거 데이터 주식 차트
부터 6월(6) 2023 으로 6월(6) 2024 Pacific Bay Minerals 차트를 더 보려면 여기를 클릭.