Pacific Bay Regains 100% Control of Key Claims in Active Cerro Solo Uranium Camp

Company News

Pacific Bay Minerals Ltd. (CVE:PBM) reports it has 100% control of its claims in Cerro Solo uranium camp, Argentina.

Pacific Bay Minerals Ltd. (TSXV:PBM) reports it has 100% control of its claims in Cerro Solo uranium camp, Argentina.

The press release is quoted as saying:

The Cerro Solo uranium camp has been actively explored recently by several major, junior and state mining companies. In 2009 Argentina’s National Commission of Atomic Energy (CNEA) undertook an aggressive drilling campaign designed to define the Cerro Solo resource prior to feasibility and environmental studies that are now underway. Press reports indicate an additional 10,000-metre program is now underway and that CNEA intends to have its feasibility and environmental studies completed prior to 2012. With Argentina’s new Attucha II nuclear power plant proceeding, the government has made it a priority to secure a reliable domestic supply of uranium. 

Pacific Bay’s CEO, David H. Brett says:

“Pacific Bay is now better positioned in a uranium camp that is becoming a lot more active.”  “Pacific Bay believes this area of Chubut Province, Argentina, is one of the better places in the world to be exploring for Uranium right now.”

Click here to access the entire news release.

Click here to access Pacific Bay’s company profile.

tsxv:pbmargentinanuclear power
The Conversation (8)
Investor Last Name
Investor Last Name
06 Dec, 2011
I think that everyone (and so why not also silver miners?) should have at least 20% of their net worth invested in physical gold and silver. There are so many bad actors and manipulators in the silver market that it also wouldn't hurt to have some people who actually work for a living (silver miners) involved in the market
Investor Last Name
Investor Last Name
06 Dec, 2011
I think that everyone (and so why not also silver miners?) should have at least 20% of their net worth invested in physical gold and silver. There are so many bad actors and manipulators in the silver market that it also wouldn't hurt to have some people who actually work for a living (silver miners) involved in the market
David Cossey
David Cossey
06 Dec, 2011
every one needs to invest every one needs to save , gold / silver / any value items are subject to supply or demand but NOT BOTH !!!! opposites they are never to meet . lose or win
David Cossey
David Cossey
06 Dec, 2011
every one needs to invest every one needs to save , gold / silver / any value items are subject to supply or demand but NOT BOTH !!!! opposites they are never to meet . lose or win
matt shelley
matt shelley
06 Dec, 2011
Eric Sprott is acting purely in his own interests and not in the interest of miners or other silver investors. Take whatever he says with a grain of salt. Silver miners should hedge their production so that they can make money on their primary business of mining silver rather than speculating on the price of silver.
matt shelley
matt shelley
06 Dec, 2011
Eric Sprott is acting purely in his own interests and not in the interest of miners or other silver investors. Take whatever he says with a grain of salt. Silver miners should hedge their production so that they can make money on their primary business of mining silver rather than speculating on the price of silver.
Michael Hullevad
Michael Hullevad
06 Dec, 2011
the less silver available for investing the better! The naked shorts will ultimately fail to depress the price of silver! So support Your miners in turning "toilet paper" IN TO SILVER ROUNDS.
Michael Hullevad
Michael Hullevad
06 Dec, 2011
the less silver available for investing the better! The naked shorts will ultimately fail to depress the price of silver! So support Your miners in turning "toilet paper" IN TO SILVER ROUNDS.

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