Pacific Bay Minerals LTD. Multiple Uranium Targets Outlined by Geophysics on Pacific Bay Matoush Claims, Otish Mountains by 24hgold

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For Immediate Release / TSX VENTURE: CBP
May 22, 2007

Multiple Uranium Targets Outlined by Geophysics on Pacific Bay Matoush Claims, Otish Mountains, Quebec

Vancouver, British Columbia, May 22, 2007 -- Mr. George Sanders, President, Consolidated Pacific Bay Minerals Ltd. (TSX Venture: CBP, the "Company") is pleased to report that its winter ground geophysical program has outlined multiple targets, both on-strike with the Matoush uranium deposit, and in several new zones with high discovery potential. The magnetometer and VLF (very low frequency) electromagnetic survey was designed to delineate Matoush-like geophysical signatures associated with ore-hosting structures.

Most encouraging are north-trending magnetic linears and EM conductors which cut across PacBay's priority Zone 1 and correlate well with the anticipated extension of the Matoush fault. The Matoush fault structure hosts significant high-grade uranium mineralization discovered and explored in the 1980's by Uranerz Exploration and Mining, Ltd. The Matoush is currently being drilled by Strateco Resources Inc.. less than 4 kilometers south of PacBay's priority Zone 1 claim boundary.

Favourable similar north-trending magnetic linears and EM conductors have also been found in PacBay's priority Zone 3 and Zone 6, and represent new exploration targets to the west and east of the Matoush fault, respectively. When the region is snow-free, priority anomalies will be checked and refined by ground scintillometer surveys to zero-in on sources of radiation that will be subsequently tested by drilling.

George Sanders, P.Geo, President of Consolidated Pacific Bay Minerals, Ltd. and Qualified Person under National Instrument 43-101 for the technical portion of this News Release states, "Although our program was somewhat delayed, I am thrilled that we now have clear exploration targets in three zones on our Matoush claims, with exciting potential to localize sources of radioactivity in the Matoush fault and in the new priority zones. These encouraging exploration results clear the way for us to significantly ramp-up our exploration activity in the area. In anticipation of drilling, contractor selection is in progress and an exploration drill camp is being assembled for construction on site next month."

Maps showing the results of surveys completed thus far have been posted to the Company's website www.pacificbayminerals.com. Pacific Bay Minerals Ltd. is actively exploring for uranium and precious metals, with major projects underway in Quebec and Argentina. Please visit our website for more information.

On behalf of the Board of Directors:

"GEORGE SANDERS"
___________________________________
CEO & Director,
Cons. Pacific Bay Minerals Ltd.

Please visit our website at http://www.pacificbayminerals.com/projects/otish-mountains.html for mulitple new images.

(NORTHERN CLAIM BLOCK - Priority Zone 1)

('ORPHAN' CLAIM BLOCK - Priority Zone 3)

(EASTERN CLAIM BLOCK - Priority Zone 6)

If you can not view the maps in this email then please visit our website at http://www.pacificbayminerals.com/projects/otish-mountains.html

For Further Information Please Call:
1-800-670-6570 (Canada)
or 1-800-665-5101 (USA)
604-682-2421 (Local)
Email: ir@pacificbayminerals.com
Web: http://www.pacificbayminerals.com
Stock Quotation:

CBP : TSX VENTURE EXCHANGE

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

About Consolidated Pacific Bay Minerals Ltd.

PacBay is a Canadian Resource company actively exploring for uranium and gold in Quebec and Argentina. Drawing on over 100 years of combined experience, the Company's management has also acquired well located resource properties in British Columbia, and the Yukon.

Maps
If you can not view the maps in this email then please visit our website at http://www.pacificbayminerals.com/projects/otish-mountains.html

Forward Looking Statements

There are forward-looking statements contained herein that are not based on historical fact, including without limitation statements containing the words "believes", "may", "plans", "will", "estimate", "continue", "anticipates", "intends", "expects" and similar uncertainties and other factors that may cause the actual results, events or developments to be materially different from any future results, events or developments expressed or implied by such forward-looking statements. Such factors include, among others, Pacific Bay's exploration results and risks associated with the exploration activity. These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements. The Company disclaims any obligation to update any such factors or to publicly announce the result of any revisions to any of the forward-looking statements contained herein to reflect future results, events or developments.

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Consolidated Pacific Bay Minerals Ltd.
Suite 1600, 490 Granville Street
Vancouver, British Columbia V6C 1T3

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Pacific Bay Minerals LTD.

Multiple Uranium Targets Outlined by Geophysics on Pacific Bay Matoush Claims, Otish Mountains

For Immediate Release / TSX VENTURE: CBPMay 22, 2007

Multiple Uranium Targets Outlined by Geophysics on Pacific Bay Matoush Claims, Otish Mountains, Quebec

Pacific Bay Minerals LTD.

For Immediate Release / TSX VENTURE: CBP
May 22, 2007