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Article: Pacific Bay Provides Otish Uranium Update.
- Article from:
- Marketwire Canada
- Article date:
- November 4, 2009
CopyrightCOPYRIGHT 2009 Canadian Corporate News. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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VANCOUVER, BRITISH COLUMBIA, Nov 4, 2009 (Marketwire via COMTEX) -- David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (TSX VENTURE:PBM) (the "Company") reports that Strateco Resources Inc. (TSX:RSC) has provided the Company with a summary report of its drill program on Pacific Bay's mineral claims in the Otish Mountains Uranium District of Quebec. Strateco drilled 7 diamond drill holes totalling 2,022 meters of drilling in two separate zones of interest. Strateco also recently made the required option payments to Pacific Bay ($100,000 and 40,000 shares of Strateco) and has now completed the required $750,000 work commitment to keep the option in good standing ...