North Bay Resources Reports High-Grade Gold Assays
North Bay Resources Reports High-Grade Gold Assays
North Bay Resources Inc. (the “Company” or “North Bay”) (OTC: NBRI) is excited to announce multiple high-grade gold assays from its Fran Gold Joint Venture. Samples were taken from the primary area of gold mineralization at the Bullion Alley Zone, particularly around trenches B and C. The results show high-grade assays exceeding 1 ounce per ton, with the highest reaching up to 2.2 ounces per ton, which suggests a larger area of near-surface mineralization. This central region is recognized as the richest area within the Bullion Alley Zone and is backed by extensive sampling and drilling efforts, accumulating over 50,000 feet of diamond drilling across 104 holes.
Recent Exploration Insights
A gold deposit has been delineated from the surface, measuring 3,700 feet in length, with a width of up to 120 feet and a depth exceeding 700 feet. The B and C Sub-Zones were recently re-established during the Spring exploration program, with composite samples in both trenches yielding assays of 0.53 and 0.44 troy ounces per ton, respectively. This has prompted further investigation into a wider area during the Summer exploration program.
Summer 2024 Exploration Results
The results from the Summer 2024 exploration are as follows:
Sample ID: 3621 - B Zone - 0.31 gold oz. per ton, 0.07 silver oz. per ton
Sample ID: 3623 - B Zone - 2.27 gold oz. per ton, 0.31 silver oz. per ton
Sample ID: 3624 - B Zone - 0.31 gold oz. per ton, 0.03 silver oz. per ton
Sample ID: 3625 - B Zone - 1.23 gold oz. per ton, 0.1 silver oz. per ton
Sample ID: 3626 - C Zone - 1.84 gold oz. per ton, 2.45 silver oz. per ton
Sample ID: 3628 - C Zone - 1.62 gold oz. per ton, 0.24 silver oz. per ton
Sample ID: 3629 - C Zone - 0.55 gold oz. per ton, 0.08 silver oz. per ton
These assays were completed at ALS Global Laboratory, utilizing fire assay methods and atomic absorption finish for gold analysis. Other minerals were analyzed using the ALS Method ME-ICP41.
Exploring the Fran Gold Property
The Fran Gold Property spans 34,360 acres and is strategically located near a significant mining operation. To date, more than 50,000 feet of diamond drilling has been performed, primarily focused on the Bullion Alley Zone. The Fran Contact Zone is characterized by a steeply dipping monzodiorite porphyry and volcaniclastic-hornfels lithology contact, where quartz-carbonate-sulphide zones are found along shear zones, as veins and in breccia formations, varying in width from 2 feet to 30 feet. The central area around Trenches B and C remains a focus for ongoing exploration and development.
Bulk Sampling and Testing
A surface bulk sample of 5,000 tons has been delineated within the more extensive gold deposit, with mill and metallurgical testing currently in progress. This ongoing exploration is expected to provide further insights into the potential of the Fran Gold Project.
Qualified Personnel Involved
Andris Kikauka (P.Geo) is recognized as a Qualified Person in accordance with National Instrument 43-101, overseeing the scientific and technical integrity of this release.
About North Bay Resources
North Bay Resources specializes in mining operations, managing the 100 ton per day Bishop Gold Mill and the Mt. Vernon Gold Mine. The Company also owns other projects such as the Murex Copper-Gold Project, the Copper Island Copper-Silver Project, and the Tulameen Platinum Project, emphasizing its role as a near-term gold producer. North Bay maintains a 50/50 Joint Venture partnership in the Fran Gold Project.
Contact Information
For inquiries, please contact:
NORTH BAY RESOURCES INC.
Jared Lazerson
CEO
310-584-7278
info@northbay-resources.com
northbay-resources.com
X: @NorthBayRes
Frequently Asked Questions
What recent findings were reported by North Bay Resources?
North Bay Resources reported multiple high-grade gold assays from the Fran Gold Project, with gold values reaching up to 2.2 ounces per ton.
What areas are being focused on for exploration?
The current exploration is concentrated on the Bullion Alley Zone, particularly around trenches B and C.
What methodologies were used for gold assays?
Assays were conducted using fire assay methods with atomic absorption finish for gold and 36 Element Aqua Regia ICP for other minerals.
How significant is the Fran Gold Property?
The Fran Gold Property covers 34,360 acres and has accumulated over 50,000 feet of drilling, indicating its potential for high-grade mineralization.
Who can I contact for more information about North Bay Resources?
For more information, you can reach out to Jared Lazerson, CEO, at 310-584-7278 or via email at info@northbay-resources.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.
Related Articles
- Power Nickel Reports Exciting Drilling Results from Lion Zone
- Valeura Energy Inc. Reports Q3 2024 Operational Insights
- AS Tallink Grupp Reports Passenger Trends for Q3 2024
- DEJONG Chooses CTPark Prešov North for New Facility in Europe
- CertiK Reports a Decrease in Crypto Hacks for Q3 2024
- Significant Board Restructuring at O2Gold Inc. Announced
- Enhanced Incentive Plans at Sandfire Resources America Inc.
- Consumer Reports Finds Tesla Cybertruck to Be Promising Pickup
- Mirasol Resources Expands Financing Amid High Demand
- Ero Copper Corp Announces Assessed Mineral Resources at Furnas
Recent Articles
- Lithium Mining Market Insights and Growth Potential
- Smart Buildings Market Growth Driven by Technology
- Synthetic Data Generation Market Insights and Future Outlook
- Base Oil Market Growth and Trends Analysis
- Functional Endoscopic Sinus Surgery Market Growth Insights
- Employment Screening Services Market Growth and Projections
- Automotive Smart Tire Market Forecast and Trends
- Contrast Media Injectors Market to Hit USD 8,832.8 Million
- Advanced Analytics Market to Reach USD 480.99 Billion
- Polycarbonate Resin Market Expected to Reach $20.1 Billion
- Cell and Gene Therapy CDMO Market Growth Insights
- Drone Package Delivery Market to Reach $38.5 Billion by 2034
- Huff Legal, PC Reaches Milestone of 1,500 Clients Served
- BSCS Partners with K300 Ventures to Fuel Blockchain Innovation
- EURneffy Receives EU Approval for Allergy Treatment
- Volaris Releases Comprehensive 2023 Integrated Annual Report
- AmpliTech Group Expands with New Microwave Design Center
- Volt Mobility Secures $210M EV Fleet Deal with Mullen
- Novo Nordisk Initiates New Share Repurchase Program
- AllSurplus Launches First Sale for Global Energy Leader
- Pliant Therapeutics Prepares for Major Respiratory Congress
- Alvotech Joins Morgan Stanley Global Healthcare Conference
- Alvotech to Join Morgan Stanley Global Healthcare Conference
- Exploration Update from Westhaven Gold at Shovelnose
- Diana Shipping Inc. Secures Charter Contract for m/v G. P. Zafirakis
- Micheal J. Burt Joins Healthcare Integrated Technologies Board
- Nvidia's Investment Potential: Analyzing Market Trends
- Qualcomm to Acquire Sequans' 4G IoT Technology
- Market Reactions Ahead of Nvidia Earnings and Rate Cuts
- Maximizing Your Retirement Savings with Financial Strategies
- Warren Buffett's Latest Investment in Ulta Beauty
- Top Dividend Stocks for Passive Income Success
- Professional Diversity Network Rebrands to TalentAlly
- Professional Diversity Network Launches TalentAlly Job Board
- Great Lakes Secures $256.2 Million in Dredging Projects
- Great Lakes Secures $256.2 Million in New Dredging Projects
- Urbo Bankas Reports Strong Growth in 2024 Financial Results
- Kauno energija AB Reports Strong Financial Growth for 2024
- ParaZero Showcases Drone Safety Systems at Major Events
- Gerardo King Joins Liberty Star Minerals Board of Directors
- Haivision and Shield AI Unite for Advanced Defense Solutions
- Brilliant Earth Elevates Executives for Growth and Excellence
- Mike Fenger Joins Zoom's Board of Directors
- Capital Clean Energy Carriers Corp. Completes Corporate Conversion
- Stran Strengthens Market Position with Strategic Acquisition
- Aquafil SpA Promotes Circular Design for Sustainable Future
- Top Kingwin Ltd Launches AI Hardware Subsidiary for Future Tech
- noco-noco Inc Secures Temporary Listing Exception on Nasdaq
- Dr. Belgacem Haba's Impact on the Semiconductor Revolution
- Firefly Neuroscience CEO to Present at Global Investment Conference