Significant Milestone for North Bay Resources Inc.
North Bay Resources Inc. (OTC: NBRI) proudly shares exciting news regarding its mining operations. Recently, the company welcomed an impressive 42 tons of gold ore from its Fran Gold Project, now situated at the Bishop Gold Mill. This delivery significantly increases the total gold ore to 62 tons, which includes a previous shipment made in September. Impressively, the recent head grade recorded was 0.91 ounces per ton of gold, indicating the potential for lucrative yield.
Insight into the Fran Gold Project
The Fran Gold Project covers an expansive area of 34,360 acres. Strategically positioned 20 miles away from Centerra Gold’s renowned Mt. Milligan Copper and Gold Mine, it boasts promising geological features. To date, over 50,000 feet of diamond drilling has taken place across 104 drill holes, primarily focused on the Bullion Alley Zone.
Geological Highlights of the Project
One of the remarkable aspects of the Fran Gold Project is the delineated gold deposit extending 3,700 feet in length. It comprises widths of up to 120 feet and reaches depths exceeding 700 feet. Within the deposit, three to four well-defined parallel gold veins have been discovered, grading as high as 2.6 troy ounces of gold per ton. That is complemented by extensive sections of lower-grade gold disseminated throughout various veinlets.
Promising Additional Discoveries
Surface trenching efforts have uncovered a near-surface sub-zone where the gold-bearing veins thicken, making them accessible for extraction. Furthermore, sampling has revealed impressive assays, including copper concentrations reaching up to 1.68% and silver values of 5.1 troy ounces per ton. The potential for discovering further deposits of gold and copper across the property remains high, with numerous other showings outside the primary drilling zone.
Future Shipments and Operations
In addition to the recent shipment, an additional 21 tons of gold ore is expected to arrive imminently, with more continuing shipments anticipated thereafter. This steady influx of material positions North Bay Resources for a solid operational framework moving forward.
The Board's Commitment to Growth
On behalf of the Board of Directors, the leadership at North Bay Resources remains committed to driving exploration and operational excellence. Jared Lazerson, the CEO, emphasizes the company’s determination to unlock the full potential of its resource-rich properties.
Contact Information
For any inquiries, the company can be reached at:
Email: info@northbay-resources.com
Website: northbay-resources.com
X: @NorthBayRes
Frequently Asked Questions
What is the latest shipment of gold ore by North Bay Resources?
The latest shipment consists of 42 tons of gold ore recently delivered to the Bishop Gold Mill.
Where is the Fran Gold Project located?
The Fran Gold Project spans over 34,360 acres and is located near Centerra Gold’s Mt. Milligan Mine.
What are the head grades recorded for the gold ore?
The most recent head grade reported is 0.91 ounces of gold per ton.
When can we expect additional shipments of gold ore?
Another shipment of 21 tons is expected shortly, with additional shipments planned thereafter.
What is the leadership's commitment to the project?
The Board and CEO Jared Lazerson are dedicated to exploring and maximizing the potential of the Fran Gold Project.
