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North Bay Resources Announces Mt. Vernon Gold Mine Bulk Sample, Sierra County, California

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North Bay Resources Inc. (OTC: NBRI) has announced that the Operating Plan for its Mt. Vernon Gold Mine in Sierra County, California, is complete and ready for filing with Federal Mine Regulators (MSHA) to commence production. The company plans to extract a 500-ton bulk sample from a zone showing consistent gold grades over 1 ounce and up to 4.8 ounces per ton over 150 feet. This sample will be used to optimize mining, milling, and metallurgy processes.

The ore is highly amenable to simple crush and gravity table recovery, suitable for the company's 100 ton per day Bishop Gold Mill. The Mt. Vernon Mine is described as a largely undeveloped deposit with a gold-bearing zone 200 feet wide and a channel up to 500 feet wide extending over 2000 feet. The deposit is estimated at 954,000 tons based on the known channel.

North Bay Resources Inc. (OTC: NBRI) ha annunciato che il Piano Operativo per la sua Miniera d'Oro di Mt. Vernon nella Contea di Sierra, California, è completo e pronto per essere presentato ai regolatori minerari federali (MSHA) per dare inizio alla produzione. L'azienda prevede di estrarre un campione bulk di 500 tonnellate da una zona che mostra gradi costanti di oro superiori a 1 oncia e fino a 4.8 once per tonnellata su 150 piedi. Questo campione verrà utilizzato per ottimizzare i processi di estrazione, macinazione e metallurgia.

Il minerale è altamente adatto ad una semplice macinazione e recupero tramite tavola gravitazionale, idoneo per il molino d'oro Bishop da 100 tonnellate al giorno dell'azienda. La Miniera di Mt. Vernon è descritta come un deposito largamente non sviluppato con una zona contenente oro larga 200 piedi e un canale largo fino a 500 piedi che si estende per oltre 2000 piedi. Il deposito è stimato in 954.000 tonnellate basato sul canale conosciuto.

North Bay Resources Inc. (OTC: NBRI) ha anunciado que el Plan Operativo para su Minería de Oro de Mt. Vernon en el Condado de Sierra, California, está completo y listo para ser presentado a los Reguladores Federales de Minas (MSHA) para iniciar la producción. La compañía planea extraer una muestra a granel de 500 toneladas de una zona que muestra grados constantes de oro de más de 1 onza y hasta 4.8 onzas por tonelada en 150 pies. Esta muestra se utilizará para optimizar los procesos de minería, molienda y metalurgia.

El mineral es muy adecuado para un sencillo proceso de trituración y recuperación por mesa gravitacional, apto para el molino de oro Bishop de 100 toneladas por día de la empresa. La Minería de Mt. Vernon se describe como un depósito en gran parte no desarrollado con una zona de mineralización de oro de 200 pies de ancho y un canal de hasta 500 pies de ancho que se extiende más de 2000 pies. Se estima que el depósito tiene 954,000 toneladas según el canal conocido.

North Bay Resources Inc. (OTC: NBRI)는 캘리포니아 시에라 카운티의 Mt. Vernon 금광에 대한 운영 계획이 완료되어 연방 광산 규제 기관인 MSHA에 제출할 준비가 되었다고 발표했습니다. 회사는 150피트에 걸쳐 1온스 이상의 일관된 금 함량을 나타내는 지역에서 500톤 대량 샘플을 추출할 계획입니다. 이 샘플은 채굴, 분쇄 및 야금 공정을 최적화하는 데 사용됩니다.

광석은 간단한 분쇄 및 중력 테이블 회수에 매우 적합하며, 회사의 하루 100톤 처리 능력을 가진 비숍 금광에 적합합니다. Mt. Vernon 광산은 폭 200피트의 금 함유 구역과 2000피트 이상으로 확장된 500피트 폭의 채널을 가진 주로 미개발 지역으로 설명됩니다. 이 deposit는 알려진 채널을 기준으로 954,000톤으로 추정됩니다.

North Bay Resources Inc. (OTC: NBRI) a annoncé que le Plan d'Exploitation pour sa Mine d'Or de Mt. Vernon dans le comté de Sierra, Californie, est terminé et prêt à être déposé auprès des régulateurs miniers fédéraux (MSHA) afin de commencer la production. L'entreprise prévoit d'extraire un échantillon en vrac de 500 tonnes d'une zone affichant des teneurs en or constantes de plus de 1 once et jusqu'à 4,8 onces par tonne sur 150 pieds. Cet échantillon sera utilisé pour optimiser les processus d'extraction, de broyage et de métallurgie.

Le minerai se prête très bien à un simple concassage et à une récupération par table à gravité, adapté au moulin à or Bishop de 100 tonnes par jour de l'entreprise. La Mine de Mt. Vernon est décrite comme un dépôt largement non développé avec une zone aurifère de 200 pieds de large et un canal allant jusqu'à 500 pieds de large s'étendant sur plus de 2000 pieds. Le dépôt est estimé à 954,000 tonnes basé sur le canal connu.

North Bay Resources Inc. (OTC: NBRI) hat angekündigt, dass der Betriebsplan für seine Goldmine Mt. Vernon im Sierra County, Kalifornien, abgeschlossen ist und zur Einreichung bei den Bundesbergbaubehörden (MSHA) bereit ist, um die Produktion zu starten. Das Unternehmen plant, eine 500-Tonnen-Musterprobe aus einem Bereich zu entnehmen, der konstante Goldgehalte von über 1 Unze und bis zu 4,8 Unzen pro Tonne auf 150 Fuß zeigt. Dieses Muster wird verwendet, um die Bergbau-, Mahlanlagen- und Metallurgieprozesse zu optimieren.

Das Erz lässt sich sehr gut durch einfache Zerkleinerung und Rückgewinnung mittels Schütteltisch behandeln und ist geeignet für die 100-Tonnen-pro-Tag-Bishop-Goldmühle des Unternehmens. Die Mt. Vernon Mine wird als ein weitgehend unerschlossenes Lager beschrieben, das eine goldhaltige Zone von 200 Fuß Breite und einen Kanal von bis zu 500 Fuß Breite aufweist, der sich über 2000 Fuß erstreckt. Das Lager wird auf 954.000 Tonnen geschätzt, basierend auf dem bekannten Kanal.

Positive
  • Operating Plan for Mt. Vernon Gold Mine is complete and ready for regulatory approval
  • Planned 500-ton bulk sample from a zone with gold grades over 1 oz/ton and up to 4.8 oz/ton
  • Ore is highly amenable to simple crush and gravity table recovery
  • Mt. Vernon Mine has an estimated deposit of 954,000 tons
  • Modern mine infrastructure and equipment already on-site
Negative
  • Mt. Vernon Mine is described as a 'largely undeveloped deposit', indicating potential risks and uncertainties
  • Regulatory approval from MSHA still pending for production commencement

BISHOP, Calif., Sept. 11, 2024 (GLOBE NEWSWIRE) -- North Bay Resources Inc. (the “Company” or “North Bay”) (OTC: NBRI) is pleased to announce the Operating Plan for the Company’s Mt. Vernon Gold Mine is now complete and ready for filing and approval, as required, with Federal Mine Regulators (MSHA) for the commencement of production. Detailed 3D modelling (see Diagrams 1-3), ore extraction, surface operations, as well as safety and logistical planning are largely complete. Modern mine infrastructure, including mining equipment and certain consumables are currently on-site. The first phase of mining will be to blast, load, sort and ship 500 tons from the heart of the deposit. This zone has shown consistent gold grades over 1 ounce and up to 4.8 ounces per ton over 150 feet. This material will be used for optimization of the mining, milling, and metallurgy, and for production of gold bars and platinum buttons for final sale. Previous concentration and extraction testing of gold, platinum and silver by gravity separation has indicated the ore is highly amicable to a simple crush and gravity table recovery (see Press Release dated August 22, 2024) and is well suited to the Company’s 100 ton per day Bishop Gold Mill, located in Inyo County.

High grade Gold Sampling Locations
Diagram 1. High grade Gold Sampling Locations

Oblique View of High-Grade Gold Shell
Diagram 2. Oblique View of High-Grade Gold Shell

Plan View of Global Channel
Diagram 3. Plan View of Global Channel

Mt. Vernon Mine

The Mt. Vernon Mine is a largely undeveloped deposit. Sampling, by qualified mining engineers, have assayed greater than 1 ounce per ton, and up to 4.8 ounces per ton, continuously reported over 150 feet. The modern access tunnel runs across the known 200-foot-wide gold bearing zone and perpendicular to the channel itself. 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 up to 20 feet. Typically, the lower 4 feet contains the higher gold grades. The channel is the same channel previously mined at the contiguous Ruby Mine which is known to be the richest mine 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).

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.

Photos accompanying this release are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/fa92d7e2-3b1e-4241-9985-1918ae8f7d55
https://www.globenewswire.com/NewsRoom/AttachmentNg/3b2bc906-e4b1-46f8-a5d3-bd6599955723
https://www.globenewswire.com/NewsRoom/AttachmentNg/ae2357e3-35b9-4e69-96f0-c0daf767b93b


FAQ

What is the planned bulk sample size for North Bay Resources' Mt. Vernon Gold Mine (NBRI)?

North Bay Resources plans to extract a 500-ton bulk sample from the Mt. Vernon Gold Mine for optimization of mining, milling, and metallurgy processes.

What are the reported gold grades at North Bay Resources' Mt. Vernon Gold Mine (NBRI)?

The Mt. Vernon Gold Mine has shown consistent gold grades over 1 ounce and up to 4.8 ounces per ton over 150 feet in the targeted zone.

What is the estimated deposit size of North Bay Resources' Mt. Vernon Gold Mine (NBRI)?

The ore body at the Mt. Vernon Gold Mine is estimated at 954,000 tons based on the known channel, according to the press release.

What processing method will North Bay Resources (NBRI) use for the Mt. Vernon Gold Mine ore?

The ore from Mt. Vernon Gold Mine is highly amenable to simple crush and gravity table recovery, which will be processed at the company's 100 ton per day Bishop Gold Mill.

NORTH BAY RESOURCES INC

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