NORTH BAY RESOURCES INC - NBRI STOCK NEWS

North Bay Resources Inc. (OTC: NBRI) has announced high-grade gold assays from its Fran Gold Joint Venture in British Columbia. Samples from the Bullion Alley Zone near trenches B and C yielded gold assays up to 2.2 ounces per ton. The central area is recognized as the richest in the Bullion Alley Zone, supported by extensive sampling and over 50,000 feet of diamond drilling in 104 holes. A gold deposit from surface, 3700 feet in length, up to 120 feet wide, and over 700 feet deep has been delineated. Recent exploration in Spring 2024 prompted further investigation, resulting in multiple high-grade assays exceeding 1 ounce per ton during the Summer 2024 program.

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) has announced the initiation of production preparations at its Mt. Vernon Gold Mine in Sierra County, California. The company has completed underground exploration, including extensive channel sampling of 150 feet of developed mining faces. The mine is targeting production of 100 tons per day of high-grade material for shipment to the company's Bishop Gold Mill.

North Bay is aiming for a net production of 80 ounces of gold per day from the combined Mt. Vernon Gold Mine and Bishop Gold Mill operations. The Mt. Vernon Mine is estimated to have an ore body of 954,000 tons. The company has also completed exploration at its Murex Copper-Gold Project in British Columbia and received positive results from its Fran Gold Project Joint Venture.

North Bay Resources Inc. (OTC: NBRI) has acquired the Mt. Vernon Gold Mine in Sierra County, California. The mine is a largely undeveloped deposit with assays up to 4.8 oz. Au per ton. Key points:

1. The property spans 120 acres with two types of gold mineralization.
2. Recent channel sampling yielded high-grade results.
3. North Bay plans to start test mining immediately, targeting 100 tons per day.
4. The ore body is estimated at 954,000 tons.
5. Acquisition terms include payments totaling $10 million over 5 years.
6. The property will be subject to a 2% Net Smelter Return (NSR).

North Bay Resources (OTC: NBRI) has announced the successful completion of flooding and operational tests of flotation cells and frothing equipment at the Bishop Gold Mill in Bishop, California. The flotation cells are used to extract gold and sulphides from host rock. Initial tests have been promising, with assays from the Fran Gold Joint Venture confirming 0.5 troy ounces of gold per ton from surface material. The company aims to process an initial 5,000 tons of material, equating to approximately 2,500 troy ounces of gold. Metallurgical analyses are ongoing to determine the composition and efficacy of reagents used. North Bay continues to explore gold mine acquisitions and joint ventures in the Western US and Canada, aiming to secure more gold resources to support the Bishop Mill and potential expansions.

North Bay Resources announced the results of recent exploration at its Fran Gold Joint Venture in British Columbia. Assays from trenches B and C revealed gold concentrations of 0.53 and 0.44 troy ounces per ton, respectively, marking the Bullion Alley Zone as a significant area for potential gold extraction. Additional assays from trenches A and B indicated 0.9% copper content.

The assays were conducted at ALS Global Laboratory using fire assay and ICP methods. The Fran Gold Project is a 50/50 joint venture with MGX Minerals, encompassing 34,360 acres. Extensive drilling has identified substantial gold deposits, including a 3,700-foot-long deposit with veins containing up to 2.6 troy ounces of gold per ton.

North Bay Resources (NBRI) has announced promising assay results from its Tulameen Platinum Project in British Columbia. The assays indicate significant concentrations of magnesium (up to >25%), nickel (0.1%), copper (0.1%), cobalt (0.01%), and platinum (0.3 ppm). Nine rock samples analyzed in April 2024 at ALS Global Laboratory confirmed the presence of a magnesium-hosted nickel-cobalt deposit with copper and platinum group metals. Historical data estimates 15 million tons of olivine (magnesium) in the property. Key geological zones such as Creek, South, and Ridge zones exhibit promising mineralization. Additionally, the company has increased a promissory note from $35,000 to $85,000 at a 10% annual interest rate.

North Bay Resources announces a 50/50 joint venture with MGX Minerals for the Fran Gold Project in British Columbia. The project spans 34,360 acres, featuring substantial gold and copper deposits. Historical drilling data reveals high-grade gold intercepts and assays of up to 1.68% copper and 5.1 troy ounces of silver per ton. A 5,000-ton target zone has been flagged for exploration to support a maiden NI 43-101 Resource Estimate and bulk sample. The JV entails two phases: Phase I requires mining and milling 2,500 ounces of gold within 12 months for a 30% interest, and Phase II requires an additional 2,500 ounces within 24 months for a 50% interest. North Bay will be the operator, with equal profit-sharing. Corporate updates include media and corporate development service agreements.