Pacific Bay Starts BC Tungsten Exploration at Haskins-Reed Critical Minerals Project
Pacific Bay Starts BC Tungsten Exploration at
Haskins-Reed Critical Minerals Project
Vancouver, British Columbia--(Newsfile Corp. - September 23, 2025) - David H. Brett, Chairman of
Pacific Bay Minerals Ltd. (TSXV: PBM) ("Pacific Bay" or the "Company") reports that a crew has
mobilized to the Company's 100% owned Haskins-Reed Critical Minerals Property in the Cassiar
District of north-central BC, accessible by Highway 37. The program will follow up on high-grade
Tungsten skarns at the Mount Reed prospect, where historical drilling returned values of 2.01% WO
3
over 3.3 metres, 0.37% WO
3
over 5.18 metres and 0.17% WO
3
over 54.8 metres. The Haskins-Reed
project hosts multiple critical mineral prospects, including historic estimates of 1,739,000 tonnes grading
56.9 g/t silver, 0.53% copper, 2.77% zinc, 0.47% lead and 0.24% bismuth in the Della B Zone, the site of
significant drilling and underground workings (see clarifying note on this historical estimate below). Drill
results quoted are core lengths only and not true widths as the geometry of the mineralized zone has not
yet been determined.
"The Company is encouraged by the government of Canada's recently announced support for critical
minerals in north-western BC, including the possible extension of the Highway 37 hydro electric
transmission line to the Cassiar area and beyond," said Pacific Bay Chairman David H. Brett. "Aside
from copper, tungsten and zinc, Canada's critical minerals list includes Bismuth, an uncommon specialty
metal that has been identified at Haskins-Reed."
"As the Company works toward establishing a foothold in Brazil through the acquisition of the Pereira
Velho Gold Property, we are excited about our renewed focus on the Haskins-Reed property," said
Pacific Bay CEO Reagan Glazier. "We also believe critical metals like tungsten, copper, zinc and
bismuth will continue to see bullish market sentiment attract investment to the space, particularly in BC."
Figure 1
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Cautionary note: Management believes the estimates of tonnage and grade for the Della B Zone are
based on sound geological work carried out in the late 1960s and 1970s backed up by significant
exploration including drilling and metallurgical studies by reputable companies, and as such are useful
for investors as an indication of the project's mineral potential. However, the estimates are of a historical
nature and do not conform to current NI 43-101 regulations relevant to the disclosure mining and mineral
exploration information and therefor do not constitute mineral resources. Significant additional drilling
and other exploration work is required to define a mineral resource in keeping with current applicable
regulation. A qualified person has not done sufficient work to classify the historical estimate as a current
mineral resource. Therefore the Company does not consider the historical estimate as a current mineral
resource.
Figure 2
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The scientific and technical information contained in this news release has been reviewed and approved
by Mr. David Bridge, P.Geo., a consultant of the Company, who is a "Qualified Person" as defined in NI
43-101.
Pacific Bay Minerals Ltd. Per/
David Brett, MBA
Chairman
Contact: David Brett, 604-682-2421,
This news release contains "forward-looking statements" within the meaning of Canadian securities
legislation. Forward-looking statements include, but are not limited to, statements with respect to
Haskins-Reed property. the magnitude and quality of the Property and spending commitments. Such
statements and information are based on numerous assumptions regarding present and future
business strategies and the environment in which Pacific Bay will operate in the future. Certain
important factors that could cause actual results, performances or achievements to differ materially
from those in the forward-looking statements include, amongst others, the global economic climate,
dilution, share price volatility and competition, results of exploration activities, and the ability of the
Company to raise equity financing. Although Pacific Bay has attempted to identify important factors
that could cause actual results to differ materially from those contained in forward-looking statements,
there may be other factors that cause results not to be as anticipated, estimated or intended. There
can be no assurance that such statements will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such statements. Accordingly, readers should
not place undue reliance on forward-looking statements. Pacific Bay does not undertake to update
any forward-looking statements, except in accordance with applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
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