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.