North Bay Resour Stock Price, News & Analysis

North Bay Resources (NBRI) has successfully produced its first gold concentrate at the Bishop Gold Mill in California. The company is preparing to ship the concentrate to their refinery partner in Reno, Nevada this week. The refinery will process the material with a fee not exceeding 5% based on gold spot price. The company is currently using gravity-only processing while awaiting flotation reagents delivery.

Following successful gold extraction, NBRI has begun mobilizing additional ore shipments from the Fran Gold Project. The material will be transported in metric tonne super sacks via boxcars to Modesto and then to Bishop, with transportation costs reduced to $260 per standard ton. Previous assays of surface material showed 1.2-2.3 ounces per ton.

North Bay Resources (OTC: NBRI) has announced high-grade copper assay results from its Murex Copper Project in British Columbia. Summer 2024 exploration revealed copper samples up to 9.46% in the main copper-bearing area. The sampling was conducted near the D + E zones and drill hole 74-2, with a continuous strike traceable over half a mile. The D Zone, the most significant of five copper zones (A-E), was previously explored by Noranda (now Glencore). Historic drilling has shown significant intersections, including 152 ft @ 0.53% copper and zones with up to 3.3% copper.

North Bay Resources Inc. (OTC: NBRI) has received MSHA approval to begin full-scale production at its Mt. Vernon Gold Mine in Sierra County, California. The company plans to extract 500 tons from a high-grade zone showing gold grades over 1 ounce and up to 5 ounces per ton. Recent assays confirm these high-grade gold values, along with silver, platinum, palladium, and rhodium content.

The Bishop Gold Mill is now operational, with processing of ore from the Fran Gold project expected to start soon. Metallurgical studies are underway for both the Fran Gold and Mt. Vernon projects. The company is also conducting gravity separation testing and considering additional equipment to improve efficiency and recovery.

North Bay Resources Inc. (OTC: NBRI) has announced impressive assay results from its Mt. Vernon Gold Mine in Sierra County, California. Recent underground sampling across 230 feet revealed up to 5 ounces per ton gold, 0.7 ounces per ton silver, 1.5 ounces per ton platinum, 0.5 ounces per ton palladium, and 0.5 ounces per ton rhodium.

The company has completed an initial mine plan for extracting 497 tons of ore from 4 tunnels totaling 217 feet in length. The ore will be processed at North Bay's 100 ton per day Bishop Gold Mill in Inyo County. Previous metallurgy work has shown that gold, silver, and platinum can be separated and concentrated using basic crush and grind with gravity table recovery.

The Mt. Vernon Gold Mine is described as a largely undeveloped deposit with a channel up to 500 feet wide and extending over 2000 feet throughout the property. The ore body is estimated at 954,000 tons based on the known channel.

North Bay Resources Inc. (OTC: NBRI) has commenced test milling operations at its Bishop Gold Mill in California. The company received its first gold ore shipment from the Fran Gold Project, consisting of 22 tons of surface material grading 1.2 to 2.3 ounces gold per ton. The milling process will involve crushing, gravity separation, and flotation to extract gold and other valuable metals.

North Bay has engaged the Sabean Group for media and management consulting, bringing in experienced professionals in media, finance, and engineering. The company has also received positive reports on its tailings pond and is completing various technical studies and plans for the mill start-up.

Additionally, North Bay provided updates on its Mt. Vernon Gold Mine, where operations are expected to commence in October, and the Taber Gold Mine, where rehabilitation work continues.

North Bay Resources Inc. (OTC: NBRI) has announced that the Operating Plan for its Mt. Vernon Gold Mine in Sierra County, California, is complete and ready for filing with Federal Mine Regulators (MSHA) to commence production. The company plans to extract a 500-ton bulk sample from a zone showing consistent gold grades over 1 ounce and up to 4.8 ounces per ton over 150 feet. This sample will be used to optimize mining, milling, and metallurgy processes.

The ore is highly amenable to simple crush and gravity table recovery, suitable for the company's 100 ton per day Bishop Gold Mill. The Mt. Vernon Mine is described as a largely undeveloped deposit with a gold-bearing zone 200 feet wide and a channel up to 500 feet wide extending over 2000 feet. The deposit is estimated at 954,000 tons based on the known channel.

North Bay Resources Inc. (OTC: NBRI) has announced two significant developments:

1. Commencement of gold ore shipments from the Fran Gold Project to the Company's Bishop Gold Mill. Initial shipment of 44 tons of surface material grading 1.2 to 2.3 ounces gold per ton.

2. Joint venture agreement to acquire a 50% interest in the Taber Mine in Sierra County, California. The mine is contiguous with the Union-Keystone Mine, which has produced over 1.1 million ounces of gold.

Additionally, the company has issued shares for debt conversion and entered into a digital marketing agreement.

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.