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Pacific Bay Obtains "Strong" Results from Trenching Program at July Project, Chubut

Pacific Bay Minerals Ltd. (PBM.V) today reported strong results from a trenching and sampling program at the July uranium project in Chubut Province, Argentina. Sixty-nine rock samples from 20 hand trenches across the 2,000 metre long zone averaged 180ppm uranium over 3.5 metres thickness.

Many higher grade values, up to 2,122ppm, were obtained within the 3.5-metre thick sandstone layer. The July Project is a claim block under option from Petrominera, S.A. and within Pacific Bay's 100% owned, 400sq km Regalo Property, located northeast of the government owned Cerro Solo Deposit and adjoining the Bororo Nuevo uranium project recently acquired by Crosshair Minerals.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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