North Bay Resources Announces First Gold Concentrate at Mt. Vernon Gold Mine, Assays 12 oz/ton Gold, 17.5 oz/ton Platinum, and 8 oz/ton Silver, Sierra County, California
North Bay Resources Inc. (OTC: NBRI) has announced promising results from gravity recovery testing of run-of-mine ore at its Mt. Vernon Gold Mine in Sierra County, California. The tests yielded high-grade concentrates containing gold (up to 11.95 oz/ton), platinum (up to 17.54 oz/ton), and silver (up to 7.79 oz/ton). This marks the first known discovery of platinum at Mt. Vernon, potentially increasing the ore value by up to 50% in select concentrate streams.
The company has begun testing its on-site metals furnace to produce Dore bars and platinum buttons for shipment to a refinery in Reno, Nevada. The Mt. Vernon Mine is estimated to contain 954,000 tons of ore with consistent assays over 1 ounce per ton across a 200-foot-wide gold-bearing zone. North Bay is also conducting exploration at its Murex Copper-Gold Project and Fran Gold Joint Venture.
North Bay Resources Inc. (OTC: NBRI) ha annunciato risultati promettenti dai test di recupero gravitazionale del minerale di miniera pura presso la sua Mt. Vernon Gold Mine nella contea di Sierra, California. I test hanno prodotto concentrati di alta qualità contenenti oro (fino a 11,95 oz/ton), platino (fino a 17,54 oz/ton) e argento (fino a 7,79 oz/ton). Questa è la prima scoperta nota di platino a Mt. Vernon, il che potrebbe aumentare il valore del minerale fino al 50% in alcuni flussi di concentrato selezionati.
L'azienda ha iniziato a testare il suo forno per metalli in loco per produrre lingotti Dore e bottoni di platino da spedire a una raffineria a Reno, Nevada. Si stima che la Mt. Vernon Mine contenga 954.000 tonnellate di minerale con assaggi costanti superiori a 1 oncia per tonnellata attraverso una zona aurifera larga 200 piedi. North Bay sta anche conducendo esplorazioni presso il suo Murex Copper-Gold Project e il Fran Gold Joint Venture.
North Bay Resources Inc. (OTC: NBRI) ha anunciado resultados prometedores de las pruebas de recuperación gravimétrica del mineral de mina a cielo abierto en su Mt. Vernon Gold Mine en el condado de Sierra, California. Las pruebas produjeron concentrados de alta ley que contienen oro (hasta 11.95 oz/ton), platino (hasta 17.54 oz/ton) y plata (hasta 7.79 oz/ton). Este es el primer descubrimiento conocido de platino en Mt. Vernon, lo que podría aumentar el valor del mineral hasta en un 50% en ciertos flujos de concentrado seleccionados.
La empresa ha comenzado a probar su horno de metales en el lugar para producir lingotes Dore y botones de platino para su envío a una refinería en Reno, Nevada. Se estima que la Mina Mt. Vernon contiene 954,000 toneladas de mineral con ensayos consistentes de más de 1 onza por tonelada a través de una zona aurífera de 200 pies de ancho. North Bay también está realizando exploraciones en su Murex Copper-Gold Project y en la Fran Gold Joint Venture.
North Bay Resources Inc. (OTC: NBRI)는 캘리포니아 시에라 카운티에 있는 Mt. Vernon Gold Mine에서 채광된 광석의 중력 회수 테스트에서 유망한 결과를 발표했습니다. 테스트 결과 금(최대 11.95 oz/ton), 백금(최대 17.54 oz/ton), 은(최대 7.79 oz/ton)을 포함하는 고품질 농축물이 나타났습니다. 이는 Mt. Vernon에서 백금이 발견된 최초의 사례로, 특정 농축물에서 광석 가치를 최대 50% 증가시킬 수 있습니다.
회사는 네바다주 리노의 정제소로 배송하기 위해 Dore 바와 백금 버튼을 생산하기 위한 현장 금속 용광로 테스트를 시작했습니다. Mt. Vernon Mine은 954,000톤의 광석을 포함하고 있으며, 200피트 너비의 금 함유 지역에서 온스당 1온스 이상의 일관된 분석 결과를 보여주고 있습니다. North Bay는 또한 Murex Copper-Gold 프로젝트와 Fran Gold Joint Venture에서 탐사를 진행하고 있습니다.
North Bay Resources Inc. (OTC: NBRI) a annoncé des résultats prometteurs provenant des tests de récupération gravitationnelle de minerai sur site à sa Mt. Vernon Gold Mine dans le comté de Sierra, Californie. Les tests ont produit des concentrés de haute qualité contenant de l'or (jusqu'à 11,95 oz/ton), du platine (jusqu'à 17,54 oz/ton) et de l'argent (jusqu'à 7,79 oz/ton). Il s'agit de la première découverte connue de platine à Mt. Vernon, ce qui pourrait augmenter la valeur du minerai jusqu'à 50% dans certains flux de concentré sélectionnés.
L'entreprise a commencé à tester son four à métaux sur place pour produire des barres Dore et des boutons de platine à expédier à une raffinerie à Reno, Nevada. La Mine Mt. Vernon devrait contenir 954 000 tonnes de minerai, avec des analyses constantes supérieures à 1 once par tonne dans une zone aurifère large de 200 pieds. North Bay mène également des explorations dans son projet Murex Copper-Gold et dans son partenariat Fran Gold Joint Venture.
North Bay Resources Inc. (OTC: NBRI) hat vielversprechende Ergebnisse aus der Gravitätsbewertung des Rohmaterials aus seiner Mt. Vernon Gold Mine im Sierra County, Kalifornien, bekannt gegeben. Die Tests lieferten hochgradige Konzentrate mit Gold (bis zu 11,95 oz/ton), Platin (bis zu 17,54 oz/ton) und Silber (bis zu 7,79 oz/ton). Dies ist die erste bekannte Entdeckung von Platin in Mt. Vernon, was den Wert des Erzes in bestimmten Konzentraten um bis zu 50% erhöhen könnte.
Das Unternehmen hat mit der Erprobung seines Ofens zur Metallverarbeitung vor Ort begonnen, um Dore-Barren und Platin-Buttons zur Versendung an eine Raffinerie in Reno, Nevada, herzustellen. Man schätzt, dass die Mt. Vernon Mine 954.000 Tonnen Erz enthält, mit konsistenten Analysen von über einer Unze pro Tonne in einer 200 Fuß breiten goldhaltigen Zone. North Bay führt auch Erkundungen bei seinem Murex Copper-Gold Project und dem Fran Gold Joint Venture durch.
- High-grade gold, platinum, and silver concentrates produced from Mt. Vernon Gold Mine ore
- First-time discovery of platinum at Mt. Vernon, potentially increasing ore value by up to 50%
- Successful extraction and concentration of gold using existing mill equipment
- Mt. Vernon Mine estimated to contain 954,000 tons of ore with consistent assays over 1 oz/ton gold
- Ongoing exploration at Murex Copper-Gold Project and Fran Gold Joint Venture
- None.
BISHOP, Calif., Aug. 22, 2024 (GLOBE NEWSWIRE) -- North Bay Resources Inc. (the “Company” or “North Bay”) (OTC: NBRI) is pleased to announce results from gravity recovery testing of run-of-mine ore from the Mt. Vernon Gold Mine. The run-of-mine ore was crushed in a ball mill to minus 60 mesh and run over a gravity recovery table resulting in two concentrate streams at approximately 10x concentration of gold with assay results as follows:
| Sample I.D. | Gold | Platinum | Silver |
| oz/ton | oz/ton | oz/ton | |
| #C1 MV Cons | 11.95 | 17.54 | 7.79 |
| #C2 MV Cons | 11.38 | 2.20 | 5.59 |
The testing was completed at Enviro-Chem Analytical Laboratory using run-of-mine ore from the main channel at the Mt. Vernon Gold Mine. While metallurgical testing is ongoing, initial results have confirmed the viability of extraction of gold, platinum, and silver using a basic grind and gravity recovery circuit. The test circuit is essentially identical to the grind and gravity recovery circuit at the Company’s 100 ton per day Bishop Gold Mill. With mine and mill start-up currently underway, and as a result of the successful extraction and concentration of gold, the Company has begun testing of the on-site metals furnace and related equipment at the Mill for the purpose of upgrading concentrate into and pouring Dore bars and producing platinum buttons for shipment to the metals refinery in Reno, Nevada.
Platinum
This is the first known discovery of platinum at Mt. Vernon. There has been little historical work done on platinum at Mt. Vernon. The region, in general, is not known for platinum. The Company is completing further work on this aspect of the deposit to further understand the gold-platinum relationship and the potential for increasing the per ton value of the ore by up to
Mt. Vernon Gold Mine
The Mt. Vernon Mine is a largely undeveloped deposit, proximate to some of the richest past producing gold mines in North America. Mt. Vernon is a permitted underground mine with modern portal, tunnel, ventilation. power, and equipment. The ore body is estimated at 954,000 tons based on the known channel (B. Hanford 2023). The modern access tunnel at Mt. Vernon runs across the known 200-foot-wide gold bearing zone with consistent assays over 1 ounce per ton. The channel is up to 500 feet wide and extends over 2000 feet in length throughout the property. The channel varies in thickness from 4 feet to as much as 20 feet. Typically, the lower 4 feet of the channel contains the higher gold grades.
Murex Copper-Gold Exploration
A second round of Summer Exploration at the Company’s Murex Copper-Gold Project is currently underway. The Company has identified a high grade NE-SW copper trend at surface and has re-established the location of the known copper-gold deposit developed by Noranda (now Glencore) in the 1980’s. Further sampling is underway and a comprehensive re-evaluation of the property will follow this second program.
Fran Gold Exploration
The Company has completed property wide exploration at the Company’s Fran Gold Joint Venture with assays now pending. A shipment of 5 x 50lbs samples has been shipped and received at the Company’s Bishop Gold Mill for further evaluation and testing, including ore from the main Bullion Alley zone where consistent ore grade of 0.5 ounces per ton has been established over a wide area and is the focus of ongoing development.
On behalf of the Board of Directors of
NORTH BAY RESOURCES INC.
Jared Lazerson
CEO
info@northbay-resources.com
northbay-resources.com
X: @NorthBayRes
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This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws.
FAQ
What were the assay results for gold, platinum, and silver at North Bay Resources' Mt. Vernon Gold Mine?
How significant is the discovery of platinum at North Bay Resources' Mt. Vernon Gold Mine?
What is the estimated size of the ore body at North Bay Resources' Mt. Vernon Gold Mine?
What other projects is North Bay Resources (NBRI) currently exploring?
