Pacific Bay Minerals Ltd.: Alfred Fault Drilling Underway, Otish Uranium District, Quebec

February
15
2011

VANCOUVER, BRITISH COLUMBIA–(Marketwire – Feb. 15, 2011) – David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (TSX VENTURE:PBM) (the “Company”) reports that partner Strateco Resources Inc. (“Strateco”) (TSX:RSC) has commenced diamond drilling on the Company’s Otish Mountains uranium property in Quebec, where Strateco is earning a 60% interest. This drilling is targeting the highly prospective Matoush-style Alfred Fault zone discovered by Strateco in October, 2010, approximately 4 km west of Strateco’s Matoush uranium deposit. The Alfred Fault drilling is part of a $1.1 million, 5,500-metre drilling program planned for 2011 on the property.

The technical information in this news release was reviewed and approved by Doug Blanchflower, P.Geo., a Qualified Person as defined by National Instrument 43-101.

Pacific Bay Minerals Ltd.

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.