# Pacific Bay Starts BC Tungsten Exploration at Haskins-Reed Critical Minerals Project Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/pacific-bay-starts-bc-tungsten-exploration-at-haskins-reed-critical-minerals-pro--67ac0b88-fc4e-43bb-b269-54423fe49160 Original source: https://money.tmx.com/en/quote/PBM/news/5663615767468799/pacific-bay-starts-bc-tungsten-exploration-at-haskins-reed-critical-minerals-pro Publisher: tmx Original announcement: 2025-09-23T13:15:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Pacific Bay Minerals Ltd. - Ticker: PBM - Exchange: TSX - Region: British Columbia - Primary commodity: Tungsten - Secondary commodities: Copper, Zinc, Silver, Lead, Bismuth - Document categories: Resource update, Other - Extracted: 2026-09-18 15:15:57 UTC Narrative sentiment: 0.30 · Bullish ## Minestarters Atlas summary Pacific Bay Minerals has mobilized a crew to begin tungsten exploration at its 100%-owned Haskins-Reed property in British Columbia. The program targets high-grade tungsten skarns at the Mount Reed prospect, following up on historical drilling results. Reasoning: The company is initiating a new exploration program targeting tungsten skarns, supported by high-grade historical intercepts and a multi-commodity critical minerals profile, though the historical resource data is non-compliant. - Positive factor: Mobilization of crew for tungsten exploration - Positive factor: High-grade historical tungsten skarn intercepts - Positive factor: Presence of multiple critical minerals including bismuth - Negative factor: Historical resource estimates are non-compliant with NI 43-101 - Negative factor: Historical tungsten intercepts are core lengths only with no true width disclosed Facts used in scoring: 5 ## Classification and evidence **Nearology Play** Polarity: neutral Story-specific tag Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: The program targets high-grade tungsten skarns at the Mount Reed prospect within the Haskins-Reed property. Evidence · text > follow up on high-grade Tungsten skarns at the Mount Reed prospect **Apparent Width Only** Polarity: negative Story-specific tag Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Why it applies: Historical tungsten intercepts are reported as core lengths only without true width or orientation. Evidence · text > Drill results quoted are core lengths only and not true widths **Historical Estimate Only** Polarity: negative Story-specific tag Definition: Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling. Why it applies: The Della B Zone estimates are explicitly stated as historical and non-compliant with NI 43-101. Evidence · text > the estimates are of a historical nature and do not conform to current NI 43-101 regulations ## Extracted facts Stored fact records: 5. Some facts used in scoring do not have a stored record. ## Resource Estimates (5) ### Della B Zone [Link to this fact](https://atlas-extractions.minestarters.com/news/pacific-bay-starts-bc-tungsten-exploration-at-haskins-reed-critical-minerals-pro--67ac0b88-fc4e-43bb-b269-54423fe49160#fact-resource-facts-0) Haskins-Reed Critical Minerals Project · silver Historical result Needs review: historical\_restatement #### Identity - Project: Haskins-Reed Critical Minerals Project - Commodity: silver - Region: canada\_bc - Reported Region: British Columbia - Ticker: PBM #### Resource scope - Estimate type: resource - Resource group id: resource:db59f385545f9a479181 - Deposit or zone: Della B Zone #### Resource Data - Tonnes: 1739000 - Grade: 56.9 - Grade Unit: g/t #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes #### Dates - Event date: 2025-09-23T00:00:00.000Z Reasoning: Historical estimate for Della B Zone provided as context for project potential. - Negative factor: Non-compliant with NI 43-101 - Negative factor: Historical data Evidence · text > historic estimates of 1,739,000 tonnes grading 56.9 g/t silver #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Della B Zone [Link to this fact](https://atlas-extractions.minestarters.com/news/pacific-bay-starts-bc-tungsten-exploration-at-haskins-reed-critical-minerals-pro--67ac0b88-fc4e-43bb-b269-54423fe49160#fact-resource-facts-1) Haskins-Reed Critical Minerals Project · copper Historical result Needs review: historical\_restatement #### Identity - Project: Haskins-Reed Critical Minerals Project - Commodity: copper - Region: canada\_bc - Reported Region: British Columbia - Ticker: PBM #### Resource scope - Estimate type: resource - Resource group id: resource:db59f385545f9a479181 - Deposit or zone: Della B Zone #### Resource Data - Tonnes: 1739000 - Grade: 0.53 - Grade Unit: % #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes #### Dates - Event date: 2025-09-23T00:00:00.000Z Reasoning: Historical estimate for Della B Zone provided as context for project potential. - Negative factor: Non-compliant with NI 43-101 Evidence · text > 0.53% copper #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Della B Zone [Link to this fact](https://atlas-extractions.minestarters.com/news/pacific-bay-starts-bc-tungsten-exploration-at-haskins-reed-critical-minerals-pro--67ac0b88-fc4e-43bb-b269-54423fe49160#fact-resource-facts-2) Haskins-Reed Critical Minerals Project · zinc Historical result Needs review: historical\_restatement #### Identity - Project: Haskins-Reed Critical Minerals Project - Commodity: zinc - Region: canada\_bc - Reported Region: British Columbia - Ticker: PBM #### Resource scope - Estimate type: resource - Resource group id: resource:db59f385545f9a479181 - Deposit or zone: Della B Zone #### Resource Data - Tonnes: 1739000 - Grade: 2.77 - Grade Unit: % #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes #### Dates - Event date: 2025-09-23T00:00:00.000Z Reasoning: Historical estimate for Della B Zone provided as context for project potential. - Negative factor: Non-compliant with NI 43-101 Evidence · text > 2.77% zinc #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Della B Zone [Link to this fact](https://atlas-extractions.minestarters.com/news/pacific-bay-starts-bc-tungsten-exploration-at-haskins-reed-critical-minerals-pro--67ac0b88-fc4e-43bb-b269-54423fe49160#fact-resource-facts-3) Haskins-Reed Critical Minerals Project · lead Historical result Needs review: historical\_restatement #### Identity - Project: Haskins-Reed Critical Minerals Project - Commodity: lead - Region: canada\_bc - Reported Region: British Columbia - Ticker: PBM #### Resource scope - Estimate type: resource - Resource group id: resource:db59f385545f9a479181 - Deposit or zone: Della B Zone #### Resource Data - Tonnes: 1739000 - Grade: 0.47 - Grade Unit: % #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes #### Dates - Event date: 2025-09-23T00:00:00.000Z Reasoning: Historical estimate for Della B Zone provided as context for project potential. - Negative factor: Non-compliant with NI 43-101 Evidence · text > 0.47% lead #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Della B Zone [Link to this fact](https://atlas-extractions.minestarters.com/news/pacific-bay-starts-bc-tungsten-exploration-at-haskins-reed-critical-minerals-pro--67ac0b88-fc4e-43bb-b269-54423fe49160#fact-resource-facts-4) Haskins-Reed Critical Minerals Project · bismuth Historical result Needs review: historical\_restatement #### Identity - Project: Haskins-Reed Critical Minerals Project - Commodity: bismuth - Region: canada\_bc - Reported Region: British Columbia - Ticker: PBM #### Resource scope - Estimate type: resource - Resource group id: resource:db59f385545f9a479181 - Deposit or zone: Della B Zone #### Resource Data - Tonnes: 1739000 - Grade: 0.24 - Grade Unit: % #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes #### Dates - Event date: 2025-09-23T00:00:00.000Z Reasoning: Historical estimate for Della B Zone provided as context for project potential. - Negative factor: Non-compliant with NI 43-101 Evidence · text > 0.24% bismuth #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.