Weaver Lake

...the first hole of a two-hole, 236 metre drill program at the Company’s 100% owned Weaver Lake gold property in the New Westminster Mining Division in southern BC returned assays of 2 g/t gold and 13.71 g/t silver over 4.61 metres.

Change of Directors

Pacific Bay Minerals is pleased to report that veteran geologist Frank Moyle, B.Sc., has joined the board of directors of the Company.

Haskins Reed Update

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.

Shares For Debt

The Company has issued 5,688,588 common shares (post-consolidation) at a deemed price of $0.10 per share to extinguish $568,858 of debts. These shares are subject to a hold period ending May 17, 2019.