North Bay Resources Announces 0.5 Oz per Ton Gold Massive Sulphide; Commences Test Mining, Fran Gold Project, British Columbia
North Bay Resources (OTC:NBRI) has announced significant gold discoveries at its Fran Gold Project in British Columbia, including a massive sulphide outcrop assaying 0.5 oz/ton (14 g/t) gold. The newly identified gold zone spans 30x40 meters with a depth exceeding 4 meters, potentially containing 15,000 tons.
The company has initiated test mining operations and will process the ore at its Bishop Gold Mill. Recent mill operations demonstrated 80% gold recovery rates using gravity separation. Additionally, NBRI discovered a new mineralized area in the Hilltop Zone, showing assays of 0.1 oz/ton across 55 feet, expanding the project's potential.
The company's bulk tonnage deposit is estimated at 20Mt grading 0.5 g/t Au and 44Mt grading 0.3 g/t Au. The Fran Gold Project is strategically located near Centerra Gold's Mt. Milligan Project and Artemis Gold's Blackwater Mine.
North Bay Resources (OTC:NBRI) ha annunciato importanti scoperte d'oro nel suo progetto Fran Gold in British Columbia, tra cui un enorme affioramento di solfuri con una concentrazione di 0,5 oz/ton (14 g/t) di oro. La nuova zona aurifera identificata si estende per 30x40 metri con una profondità superiore a 4 metri, contenendo potenzialmente 15.000 tonnellate.
L'azienda ha avviato operazioni di estrazione di prova e tratterà il minerale presso il suo impianto Bishop Gold Mill. Le recenti operazioni di lavorazione hanno mostrato tassi di recupero dell'oro dell'80% utilizzando la separazione gravimetrica. Inoltre, NBRI ha scoperto una nuova area mineralizzata nella Hilltop Zone, con analisi che mostrano 0,1 oz/ton su una lunghezza di 55 piedi, ampliando il potenziale del progetto.
Il deposito a tonnellaggio elevato dell'azienda è stimato in 20Mt con una gradazione di 0,5 g/t Au e 44Mt con una gradazione di 0,3 g/t Au. Il Fran Gold Project è situato strategicamente vicino al Mt. Milligan Project di Centerra Gold e alla miniera Blackwater di Artemis Gold.
North Bay Resources (OTC:NBRI) ha anunciado importantes descubrimientos de oro en su Proyecto Fran Gold en Columbia Británica, incluyendo un afloramiento masivo de sulfuros con un ensayo de 0,5 oz/tonelada (14 g/t) de oro. La nueva zona de oro identificada abarca 30x40 metros con una profundidad superior a 4 metros, conteniendo potencialmente 15,000 toneladas.
La compañía ha iniciado operaciones de minería de prueba y procesará el mineral en su planta Bishop Gold Mill. Las operaciones recientes en la planta demostraron tasas de recuperación de oro del 80% mediante separación por gravedad. Además, NBRI descubrió una nueva área mineralizada en la Zona Hilltop, con ensayos de 0,1 oz/tonelada a lo largo de 55 pies, ampliando el potencial del proyecto.
El depósito de gran tonelaje de la compañía se estima en 20Mt con ley de 0,5 g/t Au y 44Mt con ley de 0,3 g/t Au. El Proyecto Fran Gold está estratégicamente ubicado cerca del Proyecto Mt. Milligan de Centerra Gold y la Mina Blackwater de Artemis Gold.
North Bay Resources (OTC:NBRI)는 브리티시컬럼비아에 위치한 Fran Gold 프로젝트에서 0.5 온스/톤(14 g/t) 금 함량의 대규모 황화물 노출을 포함한 중요한 금 발견을 발표했습니다. 새로 확인된 금 광구는 30x40미터에 걸쳐 있으며 깊이는 4미터를 초과하고, 약 15,000톤의 광물이 포함될 가능성이 있습니다.
회사는 시험 채굴 작업을 시작했고, 광석을 Bishop Gold Mill에서 처리할 예정입니다. 최근 제련소 작업에서는 중력 분리를 통해 80%의 금 회수율을 보였습니다. 또한 NBRI는 Hilltop Zone에서 55피트 구간에 걸쳐 0.1 온스/톤의 분석값을 보이는 새로운 광물화 지역도 발견하여 프로젝트의 잠재력을 확대했습니다.
회사의 대규모 광석 매장량은 20Mt, 금 함량 0.5 g/t 및 44Mt, 금 함량 0.3 g/t으로 추산됩니다. Fran Gold 프로젝트는 Centerra Gold의 Mt. Milligan 프로젝트와 Artemis Gold의 Blackwater 광산 근처에 전략적으로 위치해 있습니다.
North Bay Resources (OTC:NBRI) a annoncé d'importantes découvertes d'or sur son projet Fran Gold en Colombie-Britannique, incluant un énorme affleurement de sulfures titrant 0,5 oz/tonne (14 g/t) d'or. La nouvelle zone aurifère identifiée s'étend sur 30x40 mètres avec une profondeur supérieure à 4 mètres, pouvant contenir potentiellement 15 000 tonnes.
La société a lancé des opérations minières d'essai et traitera le minerai à son usine Bishop Gold Mill. Les opérations récentes ont démontré des taux de récupération de l'or de 80% grâce à la séparation gravimétrique. De plus, NBRI a découvert une nouvelle zone minéralisée dans la Hilltop Zone, avec des teneurs de 0,1 oz/tonne sur 55 pieds, élargissant le potentiel du projet.
Le gisement à grand volume de la société est estimé à 20 Mt avec une teneur de 0,5 g/t Au et 44 Mt avec une teneur de 0,3 g/t Au. Le projet Fran Gold est stratégiquement situé à proximité du projet Mt. Milligan de Centerra Gold et de la mine Blackwater d'Artemis Gold.
North Bay Resources (OTC:NBRI) hat bedeutende Goldfunde bei seinem Fran Gold Projekt in British Columbia bekannt gegeben, darunter einen massiven Sulfidaufschluss mit einem Gehalt von 0,5 oz/Tonne (14 g/t) Gold. Die neu identifizierte Goldzone erstreckt sich über 30x40 Meter mit einer Tiefe von über 4 Metern und enthält möglicherweise 15.000 Tonnen.
Das Unternehmen hat Testbergbaubetriebe gestartet und wird das Erz in seiner Bishop Gold Mill verarbeiten. Jüngste Mühlenbetriebe zeigten 80% Goldrückgewinnungsraten mittels Schwerkrafttrennung. Zusätzlich entdeckte NBRI ein neues mineralisiertes Gebiet in der Hilltop Zone mit Gehalten von 0,1 oz/Tonne über 55 Fuß, was das Potenzial des Projekts erweitert.
Die großvolumige Lagerstätte des Unternehmens wird auf 20 Mt mit 0,5 g/t Au und 44 Mt mit 0,3 g/t Au geschätzt. Das Fran Gold Projekt liegt strategisch nahe dem Mt. Milligan Projekt von Centerra Gold und der Blackwater Mine von Artemis Gold.
- Discovery of high-grade gold zone with 0.5 oz/ton (14 g/t) gold assays
- Efficient 80% gold recovery rate at Bishop Gold Mill
- Significant bulk tonnage resource: 20Mt at 0.5 g/t Au and 44Mt at 0.3 g/t Au
- New Hilltop Zone discovery expanding mineralization potential
- Strategic location near major producing mines
- Historic stockpile shows decreased grade at depth from 0.34 opt to 0.03 opt Au
- Lower than expected gold output per ton from stockpile material
- Non-compliant resource estimate (non-NI 43-101)
BISHOP, Calif., July 16, 2025 (GLOBE NEWSWIRE) -- North Bay Resources, Inc. (the “Company” or “North Bay”) (OTC: NBRI) is pleased to announce assays of 0.5 opt (14 g/t) from a massive sulphide outcrop proximate to Trench B at the Company’s Fran Gold Project, British Columbia. This gold zone is located between Trenches B + C and is 30 meters N-S by 40 meters E-W with a depth of greater than 4 meters (representing 15,000 tons). The 5 lbs. sample (164992) was assayed by fire assay with atomic absorption, conducted at ALS Global, North Vancouver, BC. Previous surface sampling from Summer 2024 are as follows:
Sample ID | Zone Name | Au Oz/Ton | Ag Oz/ Ton | ||
3621 | B Zone | 0.31 | 0.07 | ||
3623 | B Zone | 2.27 | 0.31 | ||
3624 | B Zone | 0.31 | 0.03 | ||
3625 | B Zone | 1.23 | 0.1 | ||
3626 | C Zone | 1.84 | 2.45 | ||
3628 | C Zone | 1.62 | 0.24 | ||
3629 | C Zone | 0.55 | 0.08 | ||
The Company has mobilized for test mining and expects to have crews on site in 5 days with ramp-up, and shipment of gold ore to its Bishop Gold Mill for processing.
Fran Stockpile
Extensive grid assays of the Fran Gold historic stockpile in June 2025, have shown a decrease in grade at depth resulting in a transition from an original surface grade of 0.34 opt (10 g/t) Au to 0.03 opt (1 g/t) Au at depth. This has resulted in lower than expected gold output on a per ton basis at the Bishop Gold Mill but a much higher re-calculated overall recovery of approximately
Refinery Settlement
The Company has received preliminary settlement from a shipment of 518 lbs. of gold concentrate from the Bishop Gold Mill to the Company’s refinery partner Just Refiners Reno, NV. Recovery rate was approximately
Exchange Date | Material | CN | Net Wet Lbs. | Net Wet Short Tons | Sample -80 Wt. Grams | Sample +80 Wt. Grams | |||
14-Jul-25 | Concentrate | 6399 | 518 | 0.259 | 226.3 | 0.013 | |||
Element | Settlement | Weighted Average | |||||||
Au Oz/Ton | 2.573 | 2.573 | |||||||
Ag Oz/Ton | 1.228 | 1.228 | |||||||
H2O% | 3.17 | ||||||||
Total Au Oz. | 0.646 | ||||||||
Total Ag Oz. | 0.308 | ||||||||
Hilltop Zone
Recent assays from the largely unexplored Hilltop Zone to the South of the Main Zone have resulted in discovery of a large outcrop with assays of 0.1 opt (2.9 g/t) gold and 0.1 opt (2.6 g/t) gold across 55 feet (18m). This has further expanded the mineralized area at Fran and confirmed historical assays up to 30 g/t. (1 opt) in this zone. This area reflects a further extension of the main N-S fault where the richest area of the deposit is found. The newly re-established Hill Top Zone is a significant distance, approximately 300m, South of the Main Zone. In addition to the deposit being open at depth and in the East Zone, the main gold bearing fault and related cross faults appear to extend to the South.
Fran Gold Project
As a result of the recently discovered bulk tonnage deposit and associated resource estimate the Company has implemented a two-pronged approach to the Fran Gold Project. In addition to providing feedstock to the Company’s Bishop Gold Mill from the high grade surface oxide zone, exploration is now occurring in the infill area between the Main Bullion Alley Zone, East Zone and newly re-established Hilltop (South) Zone.
The Company is proceeding with the development of the bulk tonnage deposit and has begun consultation with a Mine Engineering firm regarding detailed economics, mine plan, and construction. Mining costs at the nearby Blackwater Gold Mine are
Past exploration and development, including over 18,000m (55,000ft.) of diamond drilling, has shown large intercepts of mixed vein and disseminated gold. The deposit area has been identified to be in excess of 1,000m x 100m x 300m within a known strike length of 1,700m. The Fran Gold Project is next to Centerra Gold’s Mt. Milligan Project, with Reserves of 264Mt grading 0.3 gram per tonne gold and
On behalf of the Board of Directors of
NORTH BAY RESOURCES INC.
Jared Lazerson
CEO
X: @NorthBayRes
YouTube: North Bay Resources - YouTube
LinkedIn: North Bay Resources Inc | LinkedIn
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.
