North Bay Resources Announces Continuous Operations at Bishop Gold Mill, California; Exploration and Development at Fran Gold Project
North Bay Resources (OTC: NBRI) has achieved continuous operations at its Bishop California Gold Mill, processing up to 9 hours daily and shipping 543 lbs of gold concentrate for assay. The company also reported progress at its Fran Gold Project in British Columbia, which recently estimated 474,000 ounces of contained gold.
At Fran Gold, the company completed grade control sampling of 4,200 tons of stockpiled ore and development work in an initial mining zone with consistent grade of 0.5 oz/ton. The project's resource estimate shows 43.8 million tonnes at 0.34 g/t gold in the Main Zone plus East Extension. Using a $3,100 gold price, the Main Zone's estimated gross value is $50 per tonne, with mining costs projected at $9 per tonne.
North Bay Resources (OTC: NBRI) ha mantenuto operazioni continue presso il suo impianto di lavorazione dell'oro a Bishop, California, lavorando fino a 9 ore al giorno e spedendo 543 libbre di concentrato d'oro per l'analisi. L'azienda ha inoltre riportato progressi nel suo progetto Fran Gold in British Columbia, dove è stata recentemente stimata una riserva di 474.000 once d'oro contenuto.
Al progetto Fran Gold, la società ha completato il campionamento di controllo della qualità su 4.200 tonnellate di minerale accantonato e lavori di sviluppo in una zona mineraria iniziale con una concentrazione costante di 0,5 oz/tonnellata. La stima delle risorse del progetto indica 43,8 milioni di tonnellate a 0,34 g/t di oro nella Main Zone e nell'East Extension. Utilizzando un prezzo dell'oro di 3.100 $, il valore lordo stimato della Main Zone è di 50 $ per tonnellata, con costi di estrazione previsti di 9 $ per tonnellata.
North Bay Resources (OTC: NBRI) ha mantenido operaciones continuas en su planta de oro en Bishop, California, procesando hasta 9 horas diarias y enviando 543 libras de concentrado de oro para análisis. La compañía también informó avances en su Proyecto Fran Gold en Columbia Británica, donde recientemente se estimaron 474,000 onzas de oro contenido.
En Fran Gold, la empresa completó el muestreo de control de ley de 4,200 toneladas de mineral acumulado y trabajos de desarrollo en una zona minera inicial con una ley constante de 0.5 oz/tonelada. La estimación de recursos del proyecto muestra 43.8 millones de toneladas a 0.34 g/t de oro en la Main Zone y la East Extension. Usando un precio del oro de $3,100, el valor bruto estimado de la Main Zone es de $50 por tonelada, con costos de minería proyectados en $9 por tonelada.
North Bay Resources (OTC: NBRI)는 캘리포니아 비숍에 위치한 금 제련소에서 하루 최대 9시간 연속 가동하며 543파운드의 금 농축물을 분석을 위해 출하했습니다. 회사는 또한 브리티시컬럼비아의 Fran Gold 프로젝트에서 47만 4천 온스의 금 함유량을 최근 추정했다고 보고했습니다.
Fran Gold 프로젝트에서는 4,200톤의 재고 광석에 대한 품위 관리 샘플링과 0.5 온스/톤의 일관된 품위를 가진 초기 채굴 구역에서 개발 작업을 완료했습니다. 프로젝트 자원 추정치는 메인 존과 동부 확장 구역에서 4380만 톤에 0.34 g/t 금 함량을 나타냅니다. 3,100달러 금 가격을 적용할 경우 메인 존의 예상 총 가치는 톤당 50달러이며, 채굴 비용은 톤당 9달러로 예상됩니다.
North Bay Resources (OTC : NBRI) a maintenu des opérations continues à son usine d'or de Bishop, Californie, traitant jusqu'à 9 heures par jour et expédiant 543 livres de concentré d'or pour analyse. La société a également rapporté des progrès sur son projet Fran Gold en Colombie-Britannique, où une estimation récente a révélé la présence de 474 000 onces d'or contenu.
Au Fran Gold, l'entreprise a achevé le prélèvement d'échantillons de contrôle de teneur sur 4 200 tonnes de minerai stocké et des travaux de développement dans une zone minière initiale présentant une teneur constante de 0,5 oz/tonne. L'estimation des ressources du projet indique 43,8 millions de tonnes à 0,34 g/t d'or dans la Main Zone et l'extension Est. Avec un prix de l'or à 3 100 $, la valeur brute estimée de la Main Zone est de 50 $ par tonne, avec des coûts d'extraction projetés à 9 $ par tonne.
North Bay Resources (OTC: NBRI) hat den kontinuierlichen Betrieb seiner Goldmühle in Bishop, Kalifornien, aufrechterhalten, mit einer täglichen Verarbeitungszeit von bis zu 9 Stunden und dem Versand von 543 Pfund Goldkonzentrat zur Analyse. Das Unternehmen berichtete zudem über Fortschritte bei seinem Fran Gold Projekt in British Columbia, wo kürzlich 474.000 Unzen enthaltenes Gold geschätzt wurden.
Beim Fran Gold Projekt hat das Unternehmen die Qualitätskontrollprobenahme von 4.200 Tonnen gelagertem Erz abgeschlossen und Entwicklungsarbeiten in einer anfänglichen Abbaubereich mit einem konstanten Gehalt von 0,5 oz/Tonne durchgeführt. Die Ressourcenschätzung des Projekts weist 43,8 Millionen Tonnen mit 0,34 g/t Gold in der Main Zone plus East Extension aus. Bei einem Goldpreis von 3.100 $ beträgt der geschätzte Bruttowert der Main Zone 50 $ pro Tonne, die Abbaukosten werden mit 9 $ pro Tonne veranschlagt.
- None.
- None.
BISHOP, Calif., June 25, 2025 (GLOBE NEWSWIRE) -- North Bay Resources, Inc. (the “Company” or “North Bay”) (OTC: NBRI) is pleased to announce continuous operation at the Company’s Bishop California Gold Mill has been achieved. Upon significant upgrades in April and May the Company has successfully operated the Mill continuously up to 9 hours per day and completed processing of all remaining stockpiles of gold ore. This has resulted in a shipment to the Company’s refinery partner of 543 lbs. of gold concentrate with final assays now pending with ALS Geochemical, Reno, Nevada.
Fran Gold Project
Pic 1. Fran Gold Project looking East from Main Zone to Ridge (DDH-2018-094) along strike.
The Company has completed exploration and development at the Fran Gold Project, British Columbia where a recent resource estimate of 474,000 ounces of contained gold was completed (see Press Release dated May 13, 2025). On-site work in June included grade control on approximately 4,200 tons of stockpiled ore in preparation for Summer shipments. Twenty-nine samples were taken at ten meter spacing across and at edges of the stockpiles to approximate both horizontal and vertical grade. Assays are now pending with ALS Global, North Vancouver, British Columbia.
Further development work was completed on the initial mining zone located between B and C trenches where consistent grade of 0.5 ounce per ton has been sampled. The area is noted for a massive sulphide intrusion, of notably very hard rock, grading over 1 ounce per ton, This is the primary target in the area. Additional samples were taken primarily along and near trench B and the massive sulphide ore body in preparation for mining. An initial block of 3,250 tons has now been delineated and flagged with operations expected upon depletion of existing stockpiles.
The Company has re-established the locations of significant drill holes from the most recent drill program 2018-2019 for the purpose of additional drill hole planning:
Hole ID | From (m) | To (m) | Width (m) | Grade g/t |
2018-94 | 222.0 | 339.2 | 117.2 | 0.6 |
2018-95 | 202.7 | 309.0 | 106.3 | 1.0 |
2018-96 | 134.7 | 284.0 | 149.3 | 0.9 |
2018-103 | 105.7 | 178.6 | 72.9 | 1.4 |
Drill hole 2001-094 is at the top of the ridge comprised of both the East-West gold trend and a major North-South liniment. The hole is the furthest to the East of the modern holes where gold grade declines but width of intercepts, tonnage and copper grade significantly increases. Early drilling circa 2001 has now been re-analyzed with bulk tonnage gold identified over a 100m intercept in DDH 2001-012 located significantly further to the East of DDH 2001-094 in what has now been identified as the East Zone. Exploration focus is now on this large hill ridge area including the infill between DDH 2018-094 and 2001-012 as well as down the hill to the South where significant gold mineralization has been drilled. The Company is also conducting exploration beyond DDH 2001-012 to the North-east where the structure continues towards a large surface gold zone that, as yet, has not been drill tested.
Additional sampling was completed to the South where a large surface gold zone had been previously identified in early exploration at the Property with limited work to date. This area is due South of the high grade Main Gold Zone and appears to be a continuation of the main N-S fault structure where high grade gold and at depth has been identified. Previous work in this southern area produced surface sampling up to 1 ounce per ton. The area is proximate to the main road and while now largely overgrown is easily accessible for further development. Assays from outcrop on the South Zone are now pending with ALS Global, North Vancouver, BC.
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 stockpiles and the high grade surface oxide zone, exploration will now occur in the infill area between the Main Bullion Alley Zone and East Zone as well as further to the East and North-east and at a number of other known discoveries on the property Re-analyses of Au soil grids has shown a number of anomalies within or in close proximity to the Main and East Zones showing both gold and, of particular note a significant increase in copper grade, in a NE trending direction. A very large geological intrusion and geomagnetic halo exists to the East, common with porphyry style deposits, along with the noted increase in base metal grades with gold. The goal is to further expand the known mineralized zone with current resource estimate (non-NI 43-101) as follows:
Bullion Alley - Main Zone | |||
Mass (tonnes) | Average (g/t) | Total (grams) | Total (tr. ounces) |
20,035,146 | 0.50 | 10,051,730 | 323,170 |
Bullion Alley - Main Zone + East Extension | |||
Mass (tonnes) | Average (g/t) | Total (grams) | Total (tr. ounces) |
43,797,234 | 0.34 | 14,743,070 | 474,001 |
Using a gold price of
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 1000m x 100m x 300m within a known strike length of 1700m. 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.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5a8cabec-0411-4c86-ae4a-c39b9fc79fa7
