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Gold/Mining/Energy : PACIFIC BAY MINERALS, LTD-More than its name, No Pac-Rim!
PBM 0.799+4.0%Jan 9 9:30 AM EST

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To: mark warburton who wrote (167)11/16/1998 8:46:00 PM
From: Chuca Marsh   of 176
 
Grab some interests, seems encouraging ( like PGMs are NOT ), an inter company trade, OK:
Sub Title- There's gold in them thar streams! DOT:VSE is the symbol for Demand Gold, a sister or should IU say Brother company. I trade you one Boardwalk for three Railroads. Or something. Better than standing still, lead follow or get out of the way.
Chuca
From: newsout@canada-stockwatch.com
Date: Mon, 16 Nov 1998 10:57:55 -0800
Subject: Stockwatch: Pacific Bay Minerals Ltd - News Release
To: bondee@ma.ultranet.com

Another one-third interest in Cry Lake acquired

Pacific Bay Minerals Ltd PBM
Shares issued 7,369,229 Nov 12 close $0.07
Mon 16 Nov 98 News Release
Mr. Guilford Brett reports
Pacific Bay Minerals has acquired an additional 33 per cent interest in the
Cry Lake Syndicate from Demand Gold for $31,000.00, for a total of
two-thirds of the syndicate. The syndicate staked six properties in the Cry
Lake area of British Columbia, based on geochemical information generated
by the Geological Survey Branch of British Columbia. Cusac Gold Mines holds
the remaining one-third interest.
Work during the 1998 field season on the Sun property, one of the
properties owned by the syndicate, has demonstrated convincingly that
exceptionally high zinc and stream sediment samples exist. Samples range
between 1,000 ppm and 7,000 ppm zinc. The geologic setting of the Sun
property suggests a Sedex-style deposit may exist as the host rocks in the
Kechika Trough are generally carbonaceous chert argillites and distal
Turbidities of the lower Earn Group. Surprisingly, high nickel (1,658 ppm)
cobalt (307 ppm) and gold (258 ppb) also exist in the claim block. These
metals generally relate to Ultra basic rocks, which probably exist as
intrusions below covered areas of the property. The company will
concentrate its efforts next season on finding the source of these
encouraging anomalies.
A number of narrow copper-silver veins were also discovered, but it is not
believed that these veins are the source of the broad zinc, nickel, cobalt,
gold geochemistry. Major companies continue to show interest in Pacific
Bay's Yukon silver-lead-zinc deposits.
(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com
Comment: <<.. are generally carbonaceous chert argillites and distal
Turbidities of the lower Earn Group...>>Carbonate Minerals - ""Dictionary of Geology"" Defination- "Common minerals containing the Carbonate anion. About 60 carbonate mineralizations are known, but the most common are aragonite, calcite, dolomite, and magnesite, rhodchrosite and siderite. " Dam, thart means that this Chucaupt found another play in PGMs, dam I am just falling into Rhoadislandisms and can't find any Leverite any more- as it was sideways by thje Siderite! Penguin Books and Philip Kearey thanx for the references! Red Right Returning My boat is agoing on the River errr STREAM, now:
xts.net
xts.net
Dam, maybe it is not a PGM, darn:
202.112.29.88
asahi-net.or.jp
Any one see any Rhodium that looks like this, not..me!
shef.ac.uk
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