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Gold/Mining/Energy : PACIFIC BAY MINERALS, LTD-More than its name, No Pac-Rim! -- Ignore unavailable to you. Want to Upgrade?


To: mark warburton who wrote (167)11/16/1998 8:46:00 PM
From: Chuca Marsh  Respond to 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



To: mark warburton who wrote (167)1/14/1999 2:15:00 PM
From: Chuca Marsh  Read Replies (1) | Respond to of 176
 
POGO! Half Ounce Per Ton Areas! New Claims and North to Alaska:

January 13, 1999

FOR IMMEDIATE RELEASE

"POGO" AREA GOLD PROPERTY ACQUIRED,
ALASKA

David H. Brett, President, reports that Pacific Bay
Minerals has acquired 122 mineral claims and four
prospecting licences in the Fairbanks Mining
district, Alaska, in the vicinity of the Pogo gold
discovery. The purchase price is US$45,000 and
100,000 common shares of Pacific Bay, with a 3%
NSR in favour of the vendor (NSR purchasable at
US$1 million per percent). The transaction is
subject to the approval of the Vancouver Stock
Exchange.

The Property covers ground believed to be
geologically favourable for the discovery of gold
mineralization similar to the POGO discovery to the
north (Teck Corp.-Sumitomo). Recent estimates of
the POGO discovery indicate a 10 million-ton
deposit grading 0.52 opt gold, containing some 5.2
million ounces. The Pacific Bay claims, located in
the Tanacross Quadrangle Southeast of Fairbanks
Alaska, cover a number of Placer gold deposits
occurring near an intrusive contact within
Palaeozoic meta-sedimentary rocks of the Tanana
Terrain. The area has not been covered with
glaciers in the past, which means that deposits of
alluvial gold are more likely to be derived from local
rocks. Random rock samples taken by the vendor
during staking contain anomalous gold values in
quartzite and quartz-breccias. An exploration
program is planned for the summer of 1999.

Pacific Bay Minerals Ltd.
Per/
David H. Brett
President

top of page
pacific-bay.com
Also, go to TNM at northernminer.com
And reasearch ( if a subscribber ) some POGO names ...TECH and SUMITOMO but also, Kincross ( spelling?) and many others with claims up there!