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NORTH BAY RESOURCES INC (symbol: NBRI) is a company focused on acquiring and developing mineral properties with a primary interest in the Bishop Gold Mill project. Recently, the company entered into an agreement with CMC Metals Ltd. to acquire a majority stake in 0877887 BC Ltd. As a result, North Bay now operates the Bishop Gold Mill project. CEO Jared Lazerson, also the CEO and shareholder of 1436132 B.C. Ltd, is not affiliated with CMC. The company's latest exploration assays in April 2024 show promising results.
North Bay Resources Inc. (OTC: NBRI) has announced successful production of high-grade gold concentrate at its Bishop Gold Mill in California. The concentrate yielded 8.52 ounces per ton gold, aligning with recent metallurgical studies that produced 8.54 ounces per ton using gravity separation.
The company's Fran Gold Project spans 34,360 acres and is situated 20 miles from Centerra Gold's Mt. Milligan Mine. The project features a gold deposit extending 3,700 feet in length, up to 120 feet in width, and over 700 feet in depth. The deposit contains 3-4 parallel gold veins grading up to 2.6 troy ounces of gold per ton, with additional copper content up to 1.68% and silver up to 5.1 troy ounces per ton. The company reports approximately 5,000 tons of surface material ready for shipment.
North Bay Resources (OTC: NBRI) has announced the acquisition of an additional 14.5% interest in the Bishop Gold Mill in California, increasing its total ownership to 70%. The 96-ton per day mill recently received upgraded gold extraction equipment, including a centrifuge, following a December 2024 metallurgical study showing 97% gold recovery with 0.9 ounces per ton head grade from its Fran Gold Project.
The acquisition involves payments to CMC Metals and 1436132 BC , including staged cash payments totaling $162,500 and a share payment of $200,000 CAD (155,555,556 restricted shares). The shares are subject to a one-year hold period and represent approximately 2% of outstanding shares. Upon completion, CMC will no longer hold security interest in the mill, with North Bay remaining as operator.
North Bay Resources (NBRI) has announced the successful installation and operation of new gravity separation and gold recovery equipment at its Bishop Gold Mill in California. The company is processing ore from its Fran Gold Project, with microscopic analysis showing significant gold recovery using a Knudsen Bowl concentrator.
Recent metallurgical studies from the Fran Gold Project demonstrated over 97% recovery rates, combining 67% by gravity and 29% by flotation. The head grade of 0.91 ounces per ton gold was upgraded to 8.54 ounces per ton through gravity separation, with additional flotation achieving 2.69 ounces per ton, resulting in a total concentrate of 11.23 ounces per ton.
The Fran Gold Project spans 34,360 acres and features a gold deposit extending 3,700 feet in length, up to 120 feet in width, and over 700 feet in depth. The property contains 3-4 parallel gold veins grading up to 2.6 troy ounces of gold per ton, with approximately 5,000 tons of surface material ready for shipment.
North Bay Resources (OTC: NBRI) has announced the arrival of 42 tons of gold ore from its Fran Gold Project in British Columbia at its Bishop Gold Mill, California. This brings total stockpiles to 62 tons, with an independently reported head grade of 0.91 ounces per ton gold. An additional 21-ton shipment is expected.
The Fran Gold Project spans 34,360 acres and is located 20 miles from Centerra Gold's Mt. Milligan Mine. The property features a gold deposit extending 3,700 feet in length, up to 120 feet in width, and over 700 feet in depth. The deposit contains 3-4 parallel gold veins grading up to 2.6 troy ounces per ton, with samples showing up to 1.68% copper and 5.1 troy ounces per ton silver. Approximately 5,000 tons of surface material is available for shipment.
North Bay Resources (NBRI) has announced significant metallurgical results from its Fran Gold Project in British Columbia, achieving 97% gold recovery through combined gravity (67%) and flotation (30%) processes. The head grade of 0.9 ounces per ton gold was upgraded to a total concentrate of 11.23 ounces per ton, representing a 12x concentration.
The company has completed a 120-ton winter ore shipment to its Bishop Gold Mill in California, packed in 82 super-sacks averaging 2,900 lbs each. Recent refinery results showed gold concentrations of 0.3 and 0.5 ounces per ton from two separate 2-ton samples. The company is upgrading its gravity separation equipment and optimizing its mill circuit.
The Fran Gold Project spans 34,360 acres and features a gold deposit extending 3,700 feet in length, with widths up to 120 feet and depths over 700 feet. The property has approximately 5,000 tons of surface material available for shipment.
North Bay Resources (NBRI) has begun loading ore at its Fran Gold Project after opening a 16-mile winter road despite challenging weather conditions. The company is shipping 120 tons of surface material with grades over 1 ounce per ton to its Bishop Gold Mill in California. Initial flotation recovery results from Woods Process Services show promising gold recovery potential. The company has acquired additional gravity circuit gold separation equipment from Ruby Gold Mines for its Bishop Mill operations.
The Fran Gold Project spans 34,360 acres and features a gold deposit extending 3,700 feet in length, with widths up to 120 feet and depths over 700 feet. The deposit contains 3-4 parallel gold veins grading up to 2.6 troy ounces per ton, with approximately 5,000 tons of surface material available for shipment.
North Bay Resources (NBRI) has successfully produced its first gold concentrate at the Bishop Gold Mill in California. The company is preparing to ship the concentrate to their refinery partner in Reno, Nevada this week. The refinery will process the material with a fee not exceeding 5% based on gold spot price. The company is currently using gravity-only processing while awaiting flotation reagents delivery.
Following successful gold extraction, NBRI has begun mobilizing additional ore shipments from the Fran Gold Project. The material will be transported in metric tonne super sacks via boxcars to Modesto and then to Bishop, with transportation costs reduced to $260 per standard ton. Previous assays of surface material showed 1.2-2.3 ounces per ton.
North Bay Resources (OTC: NBRI) has announced high-grade copper assay results from its Murex Copper Project in British Columbia. Summer 2024 exploration revealed copper samples up to 9.46% in the main copper-bearing area. The sampling was conducted near the D + E zones and drill hole 74-2, with a continuous strike traceable over half a mile. The D Zone, the most significant of five copper zones (A-E), was previously explored by Noranda (now Glencore). Historic drilling has shown significant intersections, including 152 ft @ 0.53% copper and zones with up to 3.3% copper.
North Bay Resources Inc. (OTC: NBRI) has received MSHA approval to begin full-scale production at its Mt. Vernon Gold Mine in Sierra County, California. The company plans to extract 500 tons from a high-grade zone showing gold grades over 1 ounce and up to 5 ounces per ton. Recent assays confirm these high-grade gold values, along with silver, platinum, palladium, and rhodium content.
The Bishop Gold Mill is now operational, with processing of ore from the Fran Gold project expected to start soon. Metallurgical studies are underway for both the Fran Gold and Mt. Vernon projects. The company is also conducting gravity separation testing and considering additional equipment to improve efficiency and recovery.
North Bay Resources Inc. (OTC: NBRI) has announced impressive assay results from its Mt. Vernon Gold Mine in Sierra County, California. Recent underground sampling across 230 feet revealed up to 5 ounces per ton gold, 0.7 ounces per ton silver, 1.5 ounces per ton platinum, 0.5 ounces per ton palladium, and 0.5 ounces per ton rhodium.
The company has completed an initial mine plan for extracting 497 tons of ore from 4 tunnels totaling 217 feet in length. The ore will be processed at North Bay's 100 ton per day Bishop Gold Mill in Inyo County. Previous metallurgy work has shown that gold, silver, and platinum can be separated and concentrated using basic crush and grind with gravity table recovery.
The Mt. Vernon Gold Mine is described as a largely undeveloped deposit with a channel up to 500 feet wide and extending over 2000 feet throughout the property. The ore body is estimated at 954,000 tons based on the known channel.