Exciting Progress at Bishop Gold Mill Showcased by CMC Metals
Advancements at Bishop Gold Mill by CMC Metals Ltd.
VANCOUVER, British Columbia — CMC Metals Ltd. (TSX-V: CMB) (Frankfurt: ZM5P) is thrilled to report significant developments by North Bay Resources Inc. These advancements relate to the operations at the Bishop Gold Mill facility and mark a crucial step towards successful gold extraction. The news came as North Bay Resources announced its recent achievements, highlighting the arrival of the first gold ore shipment from its Fran Gold Project.
Initial Shipment and Milling Operations
The first gold ore shipment consisted of 22 tons of material, securely loaded into one metric tonne super-sacks. This shipment signifies the commencement of test milling operations at the Bishop mill facility, which will undergo optimization for effective gold extraction from the ore.
Quality of the Material
The target material, freshly assayed, achieved impressive grades of 1.2 to 2.3 ounces of gold per ton. Although these preliminary grades generate excitement, it’s important to note that actual grades and recoveries will be confirmed post-processing. Thus, stakeholders should hold off on relying solely on these unverified numbers.
Environmental Compliance and Future Plans
North Bay Resources has also received a positive tailings pond inspection report from its environmental engineering partners, demonstrating no issues with the tailings pond liner at the Bishop Gold Mill. To remain compliant with California’s regulatory standards, its civil and process engineering firm has been tasked with completing an updated Waste Management Plan and a De-watering Plan.
Operations at Mt. Vernon Gold Mine
Looking ahead, North Bay Resources is preparing to start operations at the Mt. Vernon Gold Mine. They plan to execute a detailed extraction strategy for a 500-ton high-grade bulk sample. This plan is being meticulously crafted by their mine engineering consultant and is anticipated to be finalized shortly. The subsequent site preparations are set to follow this completion.
Acknowledgment from CMC’s Leadership
Kevin Brewer, President and CEO of CMC Metals Ltd., expressed heartfelt congratulations to North Bay Resources and its President Jared Lazerson for their rapid advancements. Brewer emphasized, “This is a significant milestone in their project. We are very pleased to be a significant shareholder in North Bay and will continue to support them in maximizing this venture’s potential, ultimately benefiting all our shareholders.”
About CMC Metals Ltd.
CMC Metals Ltd. is an exploratory growth company with a focus on high-grade polymetallic deposits. Positioned across Yukon, British Columbia, and Newfoundland, it holds diverse interests. Their projects entail an exciting range of exploration opportunities, particularly in the Rancheria Silver District. With significant prospects including the Silver Hart Deposit and several strong claims in Newfoundland and British Columbia, CMC is well-placed for growth.
Frequently Asked Questions
1. What recent developments were announced by CMC Metals?
Recent advancements include the first gold ore shipment to the Bishop Gold Mill and the commencement of milling operations.
2. What are the grades of the material shipped to the Bishop mill?
The grades for the material shipped were between 1.2 to 2.3 ounces of gold per ton, pending further verification after processing.
3. What measures are being taken regarding environmental compliance?
North Bay Resources received positive inspection reports for their tailings pond and is updating their environmental management plans to meet regulatory standards.
4. What are CMC's operations outside the Bishop Gold Mill?
CMC is also involved with the Mt. Vernon Gold Mine, where they are developing a detailed extraction plan for a significant sampling operation.
5. How does CMC Metals view its investment in North Bay Resources?
Kevin Brewer, CEO of CMC Metals, emphasized the strategic importance of this investment and their commitment to supporting North Bay’s growth for the benefit of shareholders.
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