North Bay Resources
Announces Mt. Vernon Gold Mine Bulk Sample,
Sierra County,
California
Bishop, CA -- September 11, 2024 --
InvestorsHub NewsWire -- North Bay Resources Inc. (the
"Company" or
"North
Bay") (OTC: NBRI) is pleased to announce the Operating
Plan for the Company's Mt. Vernon Gold Mine is now complete and
ready for filing and approval, as required, with Federal Mine
Regulators (MSHA) for the commencement of production.
Detailed 3D modelling
(see
Diagrams
1-3), ore extraction, surface
operations, as well as safety and logistical planning are largely
complete. Modern mine infrastructure, including
mining equipment and certain consumables are currently
on-site. The first phase of mining will be to
blast, load, sort and ship 500 tons from the heart of the
deposit. This zone has shown consistent gold
grades over 1 ounce and up to 4.8 ounces per ton over 150
feet.
This material will be used for
optimization of the mining, milling, and metallurgy, and for
production of gold bars and platinum buttons for final
sale.
Previous concentration and extraction
testing of gold, platinum and silver by gravity separation has
indicated the ore is highly amicable to a simple crush and gravity
table recovery (see Press Release
dated August 22, 2024) and is well suited to the Company's
100 ton per day Bishop Gold Mill, located in Inyo
County.
Diagram
1.
High grade Gold
Sampling Locations
Diagram 2. Oblique
View of High-Grade Gold Shell
Diagram 3. Plan
View of Global Channel
Mt. Vernon
Mine
The Mt. Vernon Mine is a largely
undeveloped deposit. Sampling, by qualified mining
engineers, have assayed greater than 1 ounce per ton, and up to 4.8
ounces per ton, continuously reported over 150
feet.
The modern access tunnel runs across
the known 200-foot-wide gold bearing zone and perpendicular to the
channel itself. The channel is up to 500 feet wide
and extends over 2000 feet in length throughout the
property. The channel varies in thickness from
4 feet to up to 20 feet. Typically, the lower 4 feet contains
the higher gold grades. The channel is the same channel
previously mined at the contiguous Ruby Mine which is known to be
the richest mine in North America. Mt. Vernon is a permitted underground
mine with modern portal, tunnel, ventilation. power, and
equipment. The ore body is estimated at 954,000
tons based on the known channel (B. Hanford,
2023).
On behalf of the Board of Directors
of
NORTH BAY RESOURCES
INC.
Jared Lazerson
CEO
info@northbay-resources.com
northbay-resources.com
X: @NorthBayRes
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This news release
may contain certain "Forward-Looking Statements" within the meaning
of the United States Private Securities Litigation Reform Act of
1995 and applicable Canadian securities
laws.