Pacific Bay Completes Two Drill Holes at Weaver Lake Gold Property in BC
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Pacific Bay Completes Two Drill Holes at Weaver Lake Gold
Property in BC
For Immediate Release. Vancouver, British Columbia, October 16, 2018. David H.
Brett, President and CEO, Pacific Bay Minerals Ltd. (TSX Venture: PBM, “Pacific Bay” or
the “Company”) reports that the Company has completed two diamond drill holes at the
Company’s 100% owned Weaver Lake gold property in the New Westminster Mining
Division in southern BC. The holes targeted a previously identified high grade gold
bearing quartz vein. Mineralized intercepts were encountered and assays are pending.
Previous drilling produced a number of significant intercepts, including a 1996 hole that
cut 8.61 grams per tonne gold and 46.2 grams per tonne silver over 3.05 metres and
1975 drill hole that intercepted 2.13 metres of 11.79 grams per tonne gold and 44.57
grams per tonne silver. These intercepts indicate total core length only as the true width
of the mineralization has not yet been determined.
The Weaver Lake property, approximately 1.5 hours drive from Vancouver,is accessible
via highway and all weather roads and can be worked on year-round. More information
about the Weaver Lake property can be found on the Company’s website here:
https://www.pacificbayminerals.com/properties/bc/weaver-lake-gold/
“Weaver Lake’s prior high-grade gold results and easy accessibility make for cost
effective and potentially and exciting exploration results,” said Pacific Bay CEO David
Brett. “Results of the program will be announced as soon as they are available.”
The technical disclosures in this news release were reviewed and approved by David
Bridge, 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