North Bay Resources Announces Assays >2.9 Ounces per Ton Gold, Fran Gold Project, British Columbia
Rhea-AI Summary
North Bay Resources (OTC: NBRI) reported gold assays from the Fran Gold Project, British Columbia, ranging from 0.41 to >2.92 ounces per ton from four samples taken during a 20‑ton test shipment.
Samples (~5 lbs each) were assayed by ALS Global, North Vancouver using fire assay Au-AA25; sample 25FRTB-5 exceeded the testing limit (>100 g/t) and is undergoing overlimit analysis. Multi‑element assays (including copper and silver) are pending. Approximately 20 tons of ore were shipped to the company’s Bishop Gold Mill. Prior June 2025 surface discovery returned 0.5 oz/ton, and trenches B+C previously showed grades up to 2.3 oz/ton.
Positive
- Assays reported at 0.41–>2.92 oz/ton gold
- Sample 25FRTB-5 exceeded 100 g/t (overlimit)
- 20 tons of ore shipped to Bishop Gold Mill
- Prior trenches B and C confirmed up to 2.3 oz/ton gold
Negative
- Only four assay samples reported from a 20‑ton test shipment
- Multi‑element (Cu, Ag) results are pending
- Overlimit sample requires additional analyses before full assay confirmation
News Market Reaction 1 Alert
On the day this news was published, NBRI declined 25.00%, reflecting a significant negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
BISHOP, Calif., Oct. 27, 2025 (GLOBE NEWSWIRE) -- North Bay Resources, Inc. (the “Company” or “North Bay”) (OTC: NBRI) is pleased to announce assays of 0.4 to >2.9 ounces per ton gold, Fran Gold Project, British Columbia. Four samples of ~5lbs each were taken from alternating supersacks, as part of a 20 ton test shipment, and assayed by ALS Global, North Vancouver, BC using fire assay method Au-AA25:
| Sample number | Weight lbs. | Weight kg. | Au Ounces per Ton | Au Grams per Tonne |
| 25FRTB-1 | 4.4 | 2.0 | 0.41 | 14.0 |
| 25FRTB-4 | 7.8 | 3.5 | 2.64 | 90.5 |
| 25FRTB-5 | 7.5 | 3.4 | >2.92 | >100 |
| 25FRTB-6 | 5.0 | 2.3 | 2.30 | 78.7 |
Sample of 25FRTB-5 reached the limit of testing (>100 Au gpt) and is now undergoing overlimit analyses. Multi-element analyses is ongoing, inclusive of copper and silver, with results pending.
Development was undertaken in the area of a recent discovery (June 2025) of massive sulphide surface outcrop with gold assay of 0.5 ounces per ton. The massive sulphide surface zone is between trenches of prior known high grade gold mineralization in Trench B and Trench C, to the West and East respectively, with grade increasing at depth. The ore is heavily mineralized containing gold, copper, and silver mineralization primarily in the form of chalcopyrite, marcasite, and spherulite/galena. The massive sulphide ore is grey in color, blocky when broken with visual mineralization, veinlets, and sheeting. Grade has been confirmed in the above reported assay as well as previous assays in Trenches B + C up to 2.3 ounces per ton gold. Approximately 20 tons of ore has been extracted, packed into supersacks, loaded and shipped to the Company’s Bishop Gold Mill.
Fran Gold Project
The Fran Property is underlain by Takla Group sedimentary and volcaniclastic rocks intruded by dykes and small stocks of monzonite, monzodiorite and diorite. Previous work, including 55,000 ft. (18,000m) of diamond drilling, has outlined gold-bearing structures featuring broad zones of gold mineralization.
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.