North Bay Resources Announces Production of Gold Concentrate and Refinery Shipment at Bishop Gold Mill, California
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 (NBRI) ha prodotto con successo il suo primo concentrato d'oro presso il Bishop Gold Mill in California. L'azienda si prepara a spedire il concentrato al suo partner di raffinazione a Reno, Nevada, questa settimana. La raffineria elaborerà il materiale con una commissione che non supererà il 5% in base al prezzo spot dell'oro. L'azienda sta attualmente utilizzando un processo solo di gravità mentre attende la consegna dei reagenti per la flottazione.
Dopo l'estrazione di oro avvenuta con successo, NBRI ha iniziato a mobilitare ulteriori spedizioni di minerale dal Fran Gold Project. Il materiale sarà trasportato in sacchi super da una tonnellata metrica tramite vagoni merci verso Modesto e in seguito a Bishop, con i costi di trasporto ridotti a 260 $ per tonnellata standard. Le analisi precedenti del materiale superficiale hanno mostrato 1,2-2,3 once per tonnellata.
North Bay Resources (NBRI) ha producido con éxito su primer concentrado de oro en el Bishop Gold Mill en California. La empresa se está preparando para enviar el concentrado a su socio de refinación en Reno, Nevada, esta semana. La refinería procesará el material con una tarifa que no excederá el 5% del precio spot del oro. La empresa está utilizando actualmente un procesamiento únicamente por gravedad mientras espera la entrega de los reactivos de flotación.
Tras la exitosa extracción de oro, NBRI ha comenzado a movilizar envíos adicionales de mineral del Fran Gold Project. El material será transportado en sacos super de tonelada métrica a través de vagones de carga hacia Modesto y luego a Bishop, con costos de transporte reducidos a 260 $ por tonelada estándar. Los ensayos anteriores del material superficial mostraron entre 1.2 y 2.3 onzas por tonelada.
노스 베이 리소스(NBRI)가 캘리포니아의 비숍 금 제련소에서 첫 번째 금 농축물을 성공적으로 생산했습니다. 회사는 이번 주에 네바다주 리노에 있는 정제 파트너에게 농축물을 발송할 준비를 하고 있습니다. 정제소는 금 현물 가격을 기준으로 5%를 초과하지 않는 수수료로 이 물질을 처리할 것입니다. 회사는 현재 중력을 이용한 처리만을 사용하고 있습니다 플로타이온 시약의 배송을 기다리고 있습니다.
성공적인 금 추출에 이어 NBRI는 프랜 골드 프로젝트에서 추가 광물 선적을 동원하기 시작했습니다. 이 물질은 메트릭 톤 슈퍼 자루에 담아 박스카를 통해 모데스토로 이동한 후 비숍으로 운송되며, 운송 비용은 표준 톤당 260달러로 줄어듭니다. 표면 물질에 대한 이전의 분석은 톤당 1.2-2.3온스를 보여주었습니다.
North Bay Resources (NBRI) a réussi à produire son premier concentré d'or à l'usine de traitement de Bishop en Californie. L'entreprise se prépare à expédier le concentré à son partenaire de raffinage à Reno, au Nevada, cette semaine. La raffinerie traitera le matériau avec un frais ne dépassant pas 5 % du prix au comptant de l'or. L'entreprise utilise actuellement uniquement un procédé par gravité en attendant la livraison des réactifs de flottation.
Suite à l'extraction réussie de l'or, NBRI a commencé à mobiliser des expéditions supplémentaires de minerai du projet Fran Gold. Le matériel sera transporté dans des sacs super d'une tonne métrique par wagons de chemin de fer vers Modesto, puis vers Bishop, avec des coûts de transport réduits à 260 $ par tonne standard. Les analyses précédentes du matériau de surface ont montré entre 1,2 et 2,3 once par tonne.
North Bay Resources (NBRI) hat erfolgreich sein erstes Goldkonzentrat in der Bishop Gold Mill in Kalifornien produziert. Das Unternehmen bereitet sich darauf vor, das Konzentrat in dieser Woche an seinen Raffinationspartner in Reno, Nevada, zu verschicken. Die Raffinerie wird das Material zu einer Gebühr verarbeiten, die 5% des Gold-Spotpreises nicht überschreitet. Das Unternehmen nutzt derzeit ausschließlich ein Schwerkraftverfahren, während es auf die Lieferung von Flotationsreagenzien wartet.
Nachdem die Goldextraktion erfolgreich war, hat NBRI begonnen, zusätzliche Erze vom Fran Gold Project zu mobilisieren. Das Material wird in metrischen Tonnen Super-Säcken per Güterwagen nach Modesto und dann nach Bishop transportiert, wobei die Transportkosten auf 260 $ pro Standardton gesenkt werden. Frühere Proben des Oberflächenmaterials zeigten 1,2-2,3 Unzen pro Tonne.
- First successful gold concentrate production at Bishop Gold Mill
- Transportation costs reduced to $260 per standard ton
- Previous assays showed high-grade surface material (1.2-2.3 oz/ton)
- 5,000 tons of surface material available for immediate shipment
- Currently to gravity-only processing due to pending flotation reagents
- 5% maximum refinery processing fee reduces net returns
BISHOP, Calif., Nov. 18, 2024 (GLOBE NEWSWIRE) -- North Bay Resources Inc. (the “Company” or “North Bay”) (OTC: NBRI) is pleased to announce the first gold concentrate has been successfully produced at the Company’s Bishop Gold Mill (see Photo 1). Extraction of gold by gravity separation on the Deister Table has resulted in striation of gold and other metals and production of a gold concentrate. The Mill continues to process ore with an initial shipment to the Company’s refinery partner in Reno, Nevada expected this week. The Refinery will process the concentrate and make payment to North Bay. The Refinery will provide a sample of material for split assay by the Company. The Company will provide check assay to ALS Global for comparison. If there is a discrepancy between the Refinery and Company assay, the Company has agreed to split the difference. The Refinery fee is based on a spot price of gold and gross percentage processing fee not to exceed
Photo 1. Striation of Gold, Zinc, and other Metals on the Deister Table – Bishop Gold Mill
The Company currently awaits delivery of flotation reagents to the Bishop Gold Mill, expected shortly. In the interim, the Company is utilizing a gravity only process. Upon arrival of flotation reagents the Company will implement gold extraction by flotation with gravity finish. The Company has completed final testing of the flotation cells and overflow.
Fran Gold Mobilization
As a result of the recent extraction of gold, the Company has commenced mobilization for immediate shipment of additional ore. The shipments will be of surface material loaded into 1 metric tonne (2200 lbs) super sacks and boxcars for delivery to Modesto, California and forwarding to the Company’s Bishop, California Gold Mill. Logistics agreements have been reached with the railroad and it has been determined that boxcars holding up to 100 metric tonnes equal to 100 super sacks will be utilized. The cars will be loaded at the rail head proximate to the mine. Recent logistics agreements have now reduced the all-in transportation cost from mine to mill to
Fran Gold Project
The Property is 34,360 acres and is located 20 miles from Centerra Gold’s 60,000 tonne per day Mt. Milligan Copper, Gold Mine (299Mt @
On behalf of the Board of Directors of
NORTH BAY RESOURCES INC.
Jared Lazerson
CEO
info@northbay-resources.com
northbay-resources.com
X: @NorthBayRes
LinkedIn: North Bay Resources Inc | LinkedIn
YouTube: North Bay Resources - YouTube
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.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1b8ba063-71de-4075-a108-9395ee8772fe
FAQ
What is the first gold production milestone achieved by North Bay Resources (NBRI)?
How much does transportation cost per ton for NBRI's ore shipments in 2024?
What are the gold grades from NBRI's surface material according to August 2024 assays?
How much surface material does NBRI have available for immediate shipment?
