David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (TSX VENTURE:PBM)
(the "Company") reports that the Company encountered significant silver and base
metal intercepts from its 11 hole, 1,245-metre drill program at its 100%
optioned Haskins-Reed property near Cassiar in northern British Columbia,
including 14 Metres of 102.59 g/t Silver, 0.52% Copper, 4.96% Zinc, and 0.29%
Bismuth in the B-Zone. The Meteor Zone yielded 17.5 metres of 88.35 g/t silver,
3.39% zinc and 1.11% lead. Full results are reported in the table below.




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                               Total m  Silver      %      %      %       %
Hole ID     Zone   FROM     TO    Core     g/t   Lead   Zinc Copper Bismuth
---------------------------------------------------------------------------
11MZ-05   Meteor   23.9   30.6    4.45                   6.7               
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11MZ-07   Meteor   4.85  22.35    17.5   88.35   1.11   3.39      -       -
---------------------------------------------------------------------------
                                                                           
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11MZ-08   Meteor    5.1   13.9     8.8   51.05      -   2.51      -       -
---------------------------------------------------------------------------
                                                                           
---------------------------------------------------------------------------
11BZ-09   B-Zone  196.3  199.4     3.1   90.60      -   7.10   0.49    0.53
---------------------------------------------------------------------------
                                                                           
---------------------------------------------------------------------------
11BZ-09   B-Zone  205.7 218.95   13.25   18.52      -      -   0.41       -
---------------------------------------------------------------------------
Including         205.7 209.95    4.25       -      -      -      -    0.22
---------------------------------------------------------------------------
                                                                           
---------------------------------------------------------------------------
11BZ-10   B-Zone  182.1 196.05   13.95  102.59      -   4.96   0.52    0.29
---------------------------------------------------------------------------
Including        193.25 196.05   2.8 m                                     
                                 0.18%                                     
                            molybdenum                                     
---------------------------------------------------------------------------



"The Haskins-Reed project continues to demonstrate strong grades over
substantial widths," said Pacific Bay CEO David H. Brett. "Of particular
interest is the bismuth content, which trades in the range of $11-13 per pound
and is an increasingly important metal for a number of specialized industrial
uses."


The technical disclosures in this news release were reviewed and approved by
Doug Blanchflower, P.Geo., a Qualified Person, as defined by National Instrument
43-101.


Pacific Bay Minerals Ltd.

David H. Brett, MBA, President & CEO
Pacific Bay Minerals (TSXV:PBM)
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