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Drill Program Underway at Pacific Bay’s Haskins-Reed Polymetalic Property in Northern BC

Exploration Programs

14517245.1

Drill Program Underway at Pacific Bay’s Haskins-Reed

Polymetalic Property in Northern BC

For Immediate Release. Vancouver, British Columbia, September 25, 2018. David H.

Brett, President and CEO, Pacific Bay Minerals Ltd. (TSX Venture: PBM, “Pacific Bay” or

the “Company”) reports that a diamond drill program is now underway at the Company’s

100% owned Haskins-Reed polymetalic exploration project near Cassiar in northern BC.

Drill contractor DJ Drilling is using a low-impact, highly portable rig 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 Haskins-Reed Property is a zinc, silver, lead, copper and bismuth prospect with

multiple mineralized zones outlined with over 200 drill holes substantial underground

development completed over a 50 year period. Since 2008, Pacific Bay has invested

over $750,000 on the property, including diamond drilling, airborne geophysics, soil

geochemistry and other surveys. 2011 drill hole 11BZ-10 targeting the B-Zone

intersected 14m grading 102.59 g/t silver, 0.52% copper, 4.96% zinc, and 0.29%

bismuth.

“After a number of years investing in the BC Jade industry, Pacific Bay is happy to be

refocusing on its core mineral properties such as the Haskins Read,” said Pacific Bay

CEO David Brett. “We look forward to stepping up our exploration efforts.”

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.

Pacific Bay Minerals Ltd.

Per/

David H. Brett, MBA

President & CEO

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.

Pacific Bay Minerals Ltd.

120 – 601 W. Cordova Street

Vancouver, BC, V6B 1G1

Phone: 604-682-2421