VANCOUVER, BRITISH COLUMBIA–(CCNMatthews – July 11, 2006) – Mr. George Sanders, President, Consolidated Pacific Bay Minerals Ltd. (TSX VENTURE:CBP) (the “Company”), is pleased to announce that detailed mapping and sampling has commenced on the northern portion of its Cerro Negro property in the Famatina District of La Rioja province, Argentina, where first-pass prospecting in March, 2006 returned highly anomalous gold values in rocks and talus soil samples, including a rock sample from outcrop which assayed 40.6 grams per tonne Au (1.3 ounces per ton) in the “Cablecar Creek” zone. This fieldwork will be carried out by Rojas y Asociados of Mendoza, Argentina, one of the most highly respected geological consulting groups in Argentina, who will be mapping and sampling in detail to outline areas for bulldozer trenching and construction of drill platforms slated to begin in September, 2006.
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