$ NBRI ..Fraser permit approved according to the master plan just like the CEO said!-From a few PENNY's to DOLLARS is the call!>>>>>North Bay Resources Inc. ( NBRI ) Issues Status Report on Current Mining Projects
Press Release: North Bay Resources Inc. – Mon, May 21, 2012 8:49 AM EDTShare2EmailPrintCompanies:North Bay Resources, Inc.RELATED QUOTESSymbol Price Change
NBRI .OB 0.07 0.00
SKIPPACK, PA--(Marketwire -05/21/12)- North Bay Resources Inc. ( NBRI .OB) ("North Bay" or the "Company") is pleased to issue the following shareholder update on the status of our current mining projects.
Ruby Mine
The Ruby Tunnel refurbishing project continues to move forward, and has advanced to the stage where it is now appropriate to begin inviting state and federal safety agencies to make a courtesy visit to the Ruby Mine. These preliminary courtesy inspections are intended to establish a spirit of cooperation with the safety agencies, and will assist us in the identification of any potential safety issues we are presently unaware of and that may need to be remediated. As a formal safety inspection will be required prior to the start of mining operations, identification of any potential deficiencies beforehand as a result of these courtesy visits will afford us the opportunity to correct them in a timely manner.
The Company also notes that photographs of the Ruby Tunnel rehab work are now available at the Company website at http://www.northbayresources.com/ruby/rubytunnel.html.
Fraser River & Monte Cristo JV Projects
We are pleased to report that discussions with the British Columbia Ministry of Mines and consultations with the local First Nations governments related to the approval of our mining permits have made significant progress, and the Company is very encouraged by the positive response thus far.
The Company would also like to announce that in conjunction with our JV partner, Devlin's Bench Mining Ltd and P. Wright Contracting Ltd ("PWC"), the Company has engaged Mr. Chris Davis, B.Sc. Geology, as the project geologist to oversee both the Fraser River and Monte Cristo projects.
About North Bay Resources Inc.
North Bay Resources Inc. ( NBRI .OB) is a fully-reporting junior mining company with over 150 mineral and placer claims encompassing approximately 60,000 acres throughout British Columbia, Canada.
In the US, the Company owns the Ruby Gold Mine in Sierra County, California, and is presently planning to acquire additional operating mines in the western US.
The Company's mission is to build a portfolio of viable mining prospects throughout the world and developing them through subsidiaries and JV partners to their full economic potential. North Bay's business plan is based on the Generative Business Model, which is designed to leverage its properties into near-term revenue streams even during the earliest stages of exploration and development. This provides shareholders with multiple opportunities to profit from discoveries while preserving capital and minimizing the risk involved in exploration and development.
$NBRI..Fraser permit approved according to the master plan
Top 10 Most Recent News Articles
Madrigal Faces Legal Scrutiny Amid Whistleblower Claims
The Storm Brewing Over Madrigal Pharmaceuticals Well, folks, here we are smack dab in the middle of another roller-coaster ride in the biotech sector, and it ain't pretty. Madrigal Pharmaceuticals, Inc. (NASDAQ: MDGL) is in hot water with some serious allegations thrown their way. The company is now under investigation by Kessler Topaz Meltzer & Check, LLP, a top-notch...
Continue Reading
Key Players Depart No Makeup Makeup Amid Rapid Success
Change is afoot in the world of beauty. No Makeup Makeup, a brand that's managed to carve out a sizable niche, recently bid farewell to two of its main architects: Kim Wileman and Shauna Lahiri. These women didn't just steer the ship; they built the damn thing. Kicking Off the No Makeup Revolution Wileman and Lahiri were the pistons firing away at No Makeup Makeup, a...
Continue Reading
Off-Broadway Play 'DUST' Raises Autism Support Funds
Here's the scoop: an Off-Broadway production just did something many big hitters can't pull off. 'DUST,' a show crafted like a love letter to the American West, managed to rustle up $30,000 for young adults grappled with autism. Partnering with no less than Yale's Cultural Autism Studies and the Ed Asner Family Center, this effort hit the mark in more ways than one. An...
Continue Reading
Koppers Faces Investigation: Investors Cautious Amid Probe
Deep Dive: Koppers' Financial Turmoil When a company throws a financial party, you don't expect the hangover to come in the form of an investigation notice. That’s what’s brewing over at Koppers Holdings Inc., leading many seasoned investors to take a hard, scrutinizing look at the books. The latest buzz? An inquiry into whether the company gave its investors the full...
Continue Reading
DraftKings Faces Revenue Cutback; Legal Probe Begins
DraftKings' Surprising Turn of Fortune Talk about a gut punch! DraftKings (NASDAQ: DKNG) dropped a bombshell that had investors reeling. They decided to lop off a hefty slice of their revenue guidance, and trust me, those aren't small numbers we’re talking about. On November 6, they yanked their full-year 2026 revenue guidance down to $6.35 billion to $6.55 billion from...
Continue Reading
Blue Owl Tech Faces Lawsuit Post-44% Share Dive
The air's thick with tension for investors of Blue Owl Technology Finance Corp. (NYSE:OTF) as they wake up to the news of a securities class action lawsuit that's no small fry. You don’t have to look too far to see why the folks holding the bag might be steamed. We’re talking about a 44% drop in stock price since the merger with Blue Owl Technology Finance Corp....
Continue Reading
Tenax Therapeutics Faces Legal Heat After Stock Plunge
Investors' Nerves Tested as Tenax Takes a Nosedive Holy smokes! When a biotech company like Tenax Therapeutics, Inc. (NASDAQ: TENX) detonates like a forgotten fireworks stash, investors have every right to get itchy. Tenax’s shocking announcement that their Phase 3 LEVEL trial for TNX-103 flopped has sparked more than just shareholder anxiety. It’s ignited a...
Continue Reading
NatGold Pulling NATG From MEXC Amid Security Concerns
NatGold Digital's sudden decision to yank its NATG token off MEXC Global reeks of regulatory urgency. With the U.S. Treasury clamping down on fund transfers wrapping up MEXC in their action against Russian laundering, NatGold didn't wait for the ink to dry on that order. They’re off the exchange posthaste. A bit of foresight or sheer necessity? Well, it's got the market...
Continue Reading
J&J's New Study: Sjögren’s Solution Insight Sparks Debate
Patient-Centric Take on Sjögren's Disease Johnson & Johnson has dropped fresh Phase 2 results on nipocalimab, reminding everyone they're at the helm of reshaping treatments for Sjögren's disease (SjD). A condition leaving about four million folks craving better days, in multiple ways, shines a light on what's gripping patients the hardest. It's hard not to sit up and...
Continue Reading
Paris Baguette Pioneers Drive-Thru in Oklahoma
Tapping The Unseen Potential In Bakery Cafes Every so often a business move comes along that makes you sit up and say, "Why the hell haven't they done this before?" Paris Baguette has finally cracked that code, rolling out its first-ever drive-thru in Moore, Oklahoma. Now, imagine yourself zipping through for a croissant without leaving the comfort of your car seat. Makes...
Continue ReadingTop 5 Most Recently Viewed Articles
UGO Token Revolutionizes Trading with Innovative Launch
UGO Token Launching on PancakeSwap UGO, the latest addition to the innovative ecosystem featuring Gooo and WeGo, is set to make waves in the trading sphere with its exceptional Hybrid Token Model. This new framework emphasizes fairness, sustainability, and real-world utility, offering an exciting opportunity for both everyday traders and crypto enthusiasts alike. What...
Continue Reading
Empyrean Anaheim Faces Legal Battle Over Wage Practices
California Labor Law Clashes in the Spotlight When a lawsuit against a big name like Empyrean Anaheim Resort hits headlines, it raises eyebrows. Folks, we're talking about a class action filed in California, no less—a state with some of the toughest labor laws around. The legal eagles at Blumenthal Nordrehaug Bhowmik De Blouw LLP are on the case, claiming Empyrean...
Continue Reading
China's Diplomatic Efforts to Stabilize Middle East Oil Market
China's Role in Mediating Middle Eastern Conflicts As the world’s second-largest oil consumer, China is stepping into a critical role by urging Israel and Iran to de-escalate their ongoing tensions. In this complex geopolitical landscape, China's top diplomat, Wang Yi, took proactive measures through separate phone calls with officials from both nations, advocating for...
Continue Reading
Jason Wyatt: Transforming Leadership and Achieving Success
Jason Wyatt Recognized for His Exceptional Leadership In a remarkable acknowledgment by The Inner Circle, Jason Wyatt, an esteemed CEO, is honored as an Inner Circle Lifetime member. This recognition is a testament to his significant contributions to Transforming Leadership and Driving Success Through Innovative Coaching. Jason Wyatt's Innovative Approach to Leadership As...
Continue Reading
Terray Therapeutics Secures $120M Series B for Drug Innovation
Terray Therapeutics Secures Significant Series B Investment Terray Therapeutics, a dynamic player in the biotechnology sector, has successfully closed an oversubscribed Series B funding round, raising $120 million. This investment aims to advance the company's unique generative AI pipeline for small molecule therapeutics, enhancing their capabilities to bring innovative...
Continue Reading