North Bay Resources Announces Arrival of 42 Tons Gold Ore at Bishop Gold Mill, California

Rhea-AI Summary

North Bay Resources (OTC: NBRI) has announced the arrival of 42 tons of gold ore from its Fran Gold Project in British Columbia at its Bishop Gold Mill, California. This brings total stockpiles to 62 tons, with an independently reported head grade of 0.91 ounces per ton gold. An additional 21-ton shipment is expected.

The Fran Gold Project spans 34,360 acres and is located 20 miles from Centerra Gold's Mt. Milligan Mine. The property features a gold deposit extending 3,700 feet in length, up to 120 feet in width, and over 700 feet in depth. The deposit contains 3-4 parallel gold veins grading up to 2.6 troy ounces per ton, with samples showing up to 1.68% copper and 5.1 troy ounces per ton silver. Approximately 5,000 tons of surface material is available for shipment.

Positive

• Significant gold ore stockpile of 62 tons accumulated
• High-grade gold content of 0.91 ounces per ton
• Additional 21-ton shipment pending arrival
• Large property size of 34,360 acres with established gold deposit
• High-grade veins up to 2.6 troy ounces of gold per ton
• 5,000 tons of surface material ready for shipment

Negative

• None.

BISHOP, Calif., Dec. 20, 2024 (GLOBE NEWSWIRE) -- North Bay Resources Inc. (the “Company” or “North Bay”) (OTC: NBRI) is pleased to announce arrival, yesterday, of 42 tons of gold ore from its Fran Gold Project, British Columbia at its Bishop Gold Mill, California. This brings total stockpiles of gold ore to 62 tons inclusive of a September ore shipment. The most recent independently reported head grade is 0.91 ounces per ton gold. An additional shipment of 21 tons is expected to arrive today with ongoing shipments to follow.

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 @ 0.22% Cu, .45 g/t Au). To date there has been in excess of 50,000 feet of diamond drilling in 104 holes at Fran, primarily at the Bullion Alley Zone. A gold deposit, 3700 feet in length, with width of up to 120 feet, and depth of over 700 feet has been delineated. The deposit contains 3 to 4 well defined parallel gold veins grading up to 2.6 troy ounces of gold per ton as well as wide sections of low and mid-grade gold in veins and disseminated in veinlets throughout the deposit. Surface trenching has identified a near surface sub-zone where the gold bearing veins swell and are accessible from surface. In addition, samples have assayed up to 1.68% copper and 5.1 troy ounces per ton silver. There is property wide potential for additional discoveries of gold and copper with numerous showings outside of the Bullion Alley Zone. There is approximately 5,000 tons of surface material available for shipment.

On behalf of the Board of Directors of

NORTH BAY RESOURCES INC.

Jared Lazerson
CEO

info@northbay-resources.com

northbay-resources.com

X: @NorthBayRes

YouTube: North Bay Resources - YouTube

Facebook: North Bay Resources Inc | Facebook

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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 is the current gold ore stockpile at North Bay Resources' Bishop Gold Mill?

North Bay Resources (NBRI) currently has 62 tons of gold ore stockpiled at its Bishop Gold Mill in California, including the recent 42-ton shipment from the Fran Gold Project.

What is the gold grade reported for NBRI's Fran Gold Project ore?

The independently reported head grade is 0.91 ounces per ton gold, with some veins grading up to 2.6 troy ounces of gold per ton.

How much surface material is available for shipment at NBRI's Fran Gold Project?

Approximately 5,000 tons of surface material is available for shipment from the Fran Gold Project.

What are the dimensions of NBRI's Fran Gold Project deposit?

The gold deposit at the Fran Gold Project extends 3,700 feet in length, up to 120 feet in width, and over 700 feet in depth.

What additional minerals are present in NBRI's Fran Gold Project samples?

Samples from the Fran Gold Project have assayed up to 1.68% copper and 5.1 troy ounces per ton silver.