Pacific Bay Minerals Ltd. Stock Analysis PBM.V

Pacific Bay Minerals Ltd. engages in the acquisition, exploration, and development of mineral properties. The company is headquartered in Vancouver, British Columbia. The company is focused on its 100% owned properties located in British Columbia: Sphinx Mountain Rare Earth Project near Dease Lake in northern BC and the Haskins Reed Polymetalic Project near Cassiar BC. The Sphinx Mountain Rare Earth Property is located in Northern British Columbia by staking. The property is located approximately 50 kilometers (km) from Dease Lake and is accessible and suitable for work during the summer and fall seasons. The Haskins-Reed Property is located in the Cassiar Mining District of North Central British Columbia and consists of zinc, silver, lead, copper and bismuth prospects with multiple mineralized zones. The firm has also signed a non-binding letter of intent (LOI) to acquire a 100% interest in the Pereira-Velho Gold Property in Alagoas State, Brazil, which includes 11 mineral claims totaling 14,596 hectares.