North Bay Resources Hits Major Milestone for Mt. Vernon Mine
BISHOP, Calif. — North Bay Resources Inc. (the “Company” or “North Bay”) (OTC: NBRI) is excited to announce that the Operating Plan for the Mt. Vernon Gold Mine has been finalized and is ready for submission to Federal Mine Regulators for production approval.
Overview of the Operating Plan for the Mine
The Company has successfully completed extensive 3D modeling and detailed planning for ore extraction, surface operations, safety, and logistics. Key mining infrastructure—including the necessary equipment and supplies—is already established on-site. In the first phase, North Bay intends to blast, load, sort, and transport 500 tons of material from the richest section of the deposit. This area has shown impressive gold grades, ranging from 1 ounce to 4.8 ounces per ton over a span of 150 feet.
Plans for Extraction and Testing
The extracted material will be crucial in refining mining, milling, and metallurgical processes, ultimately aiming to yield gold bars and platinum buttons for sale in the market. Previous tests on extraction methods demonstrated that the ore can be effectively processed using straightforward techniques such as crushing and gravity separation. This recovery method is particularly advantageous for the Company’s nearby Bishop Gold Mill.
Key Insights About the Mt. Vernon Gold Mine
The Mt. Vernon Mine is largely untapped, with sampling conducted by qualified mining engineers indicating gold assays over 1 ounce per ton, and continuous reports even reaching up to 4.8 ounces per ton along 150 feet. The modern access tunnel passing through the gold-bearing zone is about 200 feet wide and connects to a channel that extends more than 2000 feet in length, with widths ranging from 4 feet to 20 feet. Generally, the most concentrated gold deposits are found within the lower 4 feet of this channel.
The Rich History of the Area
Interestingly, this channel has been previously mined at the adjacent Ruby Mine, which is well-known for being one of the richest mines in North America. The Mt. Vernon Mine is a permitted underground mining operation that benefits from modern portals, tunnels, ventilation systems, and power along with operational machinery. Geological estimates suggest that the ore body consists of about 954,000 tons based on current evaluations of the known channel.
The Path Ahead for North Bay Resources
As the Company advances toward the production stage, it remains committed to ensuring efficiency and sustainability in its operations. Starting gold mining at the Mt. Vernon site marks a significant milestone for North Bay, opening doors for growth and contributing positively to the mining sector.
Leadership and Contact Information
On behalf of the Board of Directors of North Bay Resources Inc., CEO Jared Lazerson reaffirms the Company's dedication to excellence and transparency as they embark on this exciting new venture. For more details, interested individuals can reach out via email at info@northbay-resources.com or visit their website at northbay-resources.com.
Frequently Asked Questions
What is the Mt. Vernon Gold Mine?
The Mt. Vernon Gold Mine is a developing gold deposit operated by North Bay Resources Inc., known for its promising gold grades and readiness for production.
What is the significance of the Operating Plan?
The Operating Plan details the procedures and safety measures required to initiate production and extract gold from the mine site.
How much gold is expected to be extracted?
The initial extraction efforts will focus on processing around 500 tons of ore, with grades ranging from over 1 ounce to as much as 4.8 ounces per ton.
Who is overseeing the Mt. Vernon Mine project?
The project is managed by North Bay Resources Inc., led by CEO Jared Lazerson, who is committed to operational excellence.
How can I find out more about North Bay Resources?
You can learn more about North Bay Resources Inc. and their mining projects by visiting their official website or contacting them directly via email.
