rich2
5 hours ago
When you can read and comprehend
I read all the PR's by the NEW CEO Jared
someone over and over again, like a broken record, says those PR's are not accurate is not the voice or reason but the voice of hypocrisy
yes it been held up on the next step up, never owned a OTC stock that held it's own for so long. Someone stated we will see a very low triple, through manipulation it goes down a little(not a lot ), then right back up.
you have stated your opinion, now I will state mine. In 2025 NBRI will explode
Hussar Squared
18 hours ago
North Bay Resources CEO, Jared Lazerson, Interview with @proactive_NA on First Gold Sale Settlement from Bishop, California Gold Mill and Major New Bulk Tonnage Discovery
#gold #stocks $NBRI #OTC
North Bay Resources CEO, Jared Lazerson, Interview with @proactive_NA on First Gold Sale Settlement from Bishop, California Gold Mill and Major New Bulk Tonnage Discovery#gold #stocks $NBRIhttps://t.co/bTHsBKYQMd— North Bay Resources (@NorthBayRes) April 8, 2025
gitreal
1 day ago
and up to 160m (525 ft.) @ 0.6 g/t Au, including 76m (249 ft.) @ 1.1 g/t Au, Fran Gold Project, British Columbia
That was from a drill hole completed in 2007. For those that are math-challenged, that is 18 years ago.
Hot off the press, breaking news. LOL......how many years can Jared promote the same worthless mining prospect?
gitreal
1 day ago
Rich, at least you're consistent - on every loser stock you invest in, you insist that the past does not exist, and to ignore the lessons that past behaviors/actions teach you.
If an OTC CEO is sanctioned for securities violations, just ignore that, surely he would never do anything like that with NBRI, would he?? Noooo....of course not.
If an OTC CEO drives his previous company into the ground by dilution and by insider dealing, surely he wouldn't do that with NBRI? Nooooo....of course not.
If an OTC CEO promotes a worthless mining property (Fran) for years with a previous company, and nothing ever comes of it.....surely he wouldn't do that with NBRI investors, would he? Noooo.....of course not.
we are going up not down= proof in the pudding)
NBRI is exactly where it was in September 2024.
Chartmaster
2 days ago
North Bay Resources Announces First Gold Concentrate Settlement and up to 160m (525 ft.) @ 0.6 g/t Au, including 76m (249 ft.) @ 1.1 g/t Au, Fran Gold Project, British Columbia
BISHOP, Calif., April 07, 2025 (GLOBE NEWSWIRE) -- North Bay Resources, Inc. (the “Company” or “North Bay”) (OTC: NBRI) is pleased to announce final acceptance and settlement of the Company’s first gold concentrate sale from a test shipment of ore from the Company’s Fran Gold Project processed at the Company’s Bishop Gold Mill. All Refinery requirements have been met and comparison of assays between the Company’s assay and in-house assay, for settlement of the gold, silver, and moisture content have been agreed. The Company utilizes ALS Geochemistry, Reno, NV, for concentrate assay and the Refinery, Just Refiners, Reno NV, utilizes their in-house laboratory. The concentrate represents approximately 10 tons of gross ore processed inclusive of moisture content. The recovery is from initial operations of the gravity only circuit with the flotation circuit to be brought on-line this month. The Company currently has an additional test shipment in process and has recently completed a 3rd gold concentrate shipment.
Refinery Settlement
LBS. (WET) 281
MOISTURE 18.22 %
LBS (DRY) 230
DST 0.115
Au oz/dst 12.181
Ag oz/dst 5.719
Au: 1.401 oz
Ag: 0.658 oz
Metal Price Aptil 2, 2025
Au $ 3,119.75
Ag $ 33.87
Total Value $ 4,172.29
Net Payment $ 3,981.83
Bishop Gold Mill Operations
The net value paid on the recent gold sale is equivalent to approximately $400 per ton. Further optimization of the gravity circuit along with the implementation of the flotation circuit are expected to increase recovery by up to 100% generating greater than 90% total recovery and a commensurate increase in value per ton to $800. In addition, ore control and head grade monitoring will be implemented as shipment sizes increase to give greater predictability and mass balance control at the Mill. Transportation costs for the recent 120 ton shipment from Fran was approximately $300 per ton which is expected to decrease to $200 per ton for all future shipments as a result of the recent opening of a new rail siding proximate to Fran. The siding was designed for ore on-loading from the nearby recently opened Blackwater Gold Mine and became operational on March 31, 2025. Milling costs are nominal at this time due to the low volume of ore being processed during optimization and ramp up. Direct operating cost is projected at $35 per ton or $3,500 per operating day at the rated mill capacity of 100 tons per day. Tariffs are expected to be $25 per ton or less due to the low value of the raw ore. Based on recent data, previous MET studies and head grade assays, target economics for the Mill is revenue of $800 per ton and costs of $300 per ton.
Seventy-five tons of ore is currently stockpiled at the Bishop Gold Mill. The ore will continue to be processed as part of optimization and ramp-up with additional shipments to follow. There is approximately 5,000 tons of stockpiled ore at the Project site. The main focus of optimization is now the flotation circuit. The Company has all necessary re-agents and has tested the mechanical aspects of the flotation circuit. The selective testing of the titration controls for frother and reagents is now underway. The implementation of the flotation circuit is expected to increase recovery by up to 100% from the current gravity only recovery, with overall recovery expected to reach 90%+. Independent metallurgical testing has resulted in a total recovery, inclusive of gravity and flotation circuits, of 97%. In addition, the Company has begun start-up of its concentrate drying circuit to reduce moisture content prior to refinery shipment.
Fran Gold Project
Recent data re-compilation has resulted in the discovery of a bulk tonnage gold deposit at Fran (see Press Release dated April 1, 2025). Re-calculation utilizing a 3D Model originally created at the time of the 2018-2019 drilling has provided for an initial volumetric model of the deposit. The model represents less than half of the known deposit and utilizes a very small portion of the 104 drill holes. Never-the-less a number of significant features can be noted including the general strike and orientation as well as continuation of the deposit to a significant extent at depth and to the East in addition to being open to a limited extent to the West and potential for a smaller parallel system to the South. The deposit model also shows the near surface aspect of the deposit which has been verified by extensive surface trenching.
https://ml.globenewswire.com/Resource/Download/d6d8dbf3-98a1-4857-9932-7a187b9838b1/nbri0407figure1.jpg
Fran Gold 3D Model DDH 2018-2019
Approximately half of the 104 historic diamond drill holes have been re-analyzed to date.
Significant Drill Intercepts
Hole ID From (m) To (m) Width (m) Grade g/t
2006-43 153.0 193.2 40.2 0.7
2006-47 35.1 81.6 46.5 1.3
2006-49 104.1 119.3 15.1 2.7
2006-50A 44.3 118.1 73.8 0.7
2006-51 66.1 85.4 19.3 0.7
2006-53 79.8 92.9 13.1 1.6
2006-55 27.9 100.5 72.5 1.8
2006-56 90.5 116.5 26.1 1.2
2006-58 61.4 157.4 96.0 0.3
2006-59 21.8 74.1 52.3 0.6
2006-60 90.5 131.5 41.0 0.7
2006-61 9.1 58.8 49.6 0.6
2006-62 79.9 150.3 70.5 0.5
2007-68 127.1 147.1 20.0 0.8
2007-69 171.3 197.8 26.6 0.5
2007-70 131.1 246.0 114.9 0.7
2007-71 32.9 116.9 84.0 0.9
2007-72 78.9 106.9 28.0 0.3
2007-73 180.6 194.2 13.6 0.4
2007-74 111.9 269.8 157.9 0.6
incl. 111.9 188.0 76.1 1.1
2007-75 49.0 124.5 75.5 0.8
2007-76 133.2 169.8 36.6 0.9
2018-91 249.4 296.0 46.6 0.4
2018-94 222.0 339.2 117.2 0.6
2018-95 202.7 309.0 106.3 1.0
2018-96 134.7 284.0 149.3 0.9
2018-103 105.7 178.6 72.9 1.4
Past exploration and development, including over 18,000m (55,000ft.) of diamond drilling, has shown large intercepts of mixed vein and disseminated gold. The deposit area has been identified to be in excess of 1000m x 100m x 300m within a known strike length of 1700m. The Fran Gold Project is next to Centerra Gold’s Mt. Milligan Project, with Reserves of 264Mt grading 0.3 gram per tonne gold and 0.2% copper and proximate to Artemis Gold’s Blackwater Mine, with Proven and Probable Reserves of 334Mt grading 0.8 grams per tonne gold. Both Mt. Milligan and the Blackwater Mine are two of the largest new copper/gold and gold mines respectively, in North America.
On behalf of the Board of Directors of
NORTH BAY RESOURCES INC.
Jared Lazerson
CEO
info@northbay-resources.com
northbay-resources.com
X: @NorthBayRes
YouTube: North Bay Resources - YouTube
LinkedIn: North Bay Resources Inc | LinkedIn
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.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d6d8dbf3-98a1-4857-9932-7a187b9838b1
https://www.globenewswire.com/newsroom/ti?nf=OTQxNzk3NSM2ODU0MDc4IzIwMjc3ODg=
https://ml.globenewswire.com/media/MTJmOTI1MjItOGZiNC00ZGNiLTkzNjEtZTA2YWFlNjA3ODg0LTEwMzg4MzgtMjAyNS0wNC0wNy1lbg==/tiny/North-Bay-Resources-Inc-.png
Picture 1
Fran Gold 3D Model DDH 2018-2019
Source: North Bay Resources Inc.
© 2025 GlobeNewswire, Inc.
https://www.otcmarkets.com/stock/NBRI/news/story?e&id=3201544
TAZMANS
2 days ago
$NBRI $$ RE" Based on recent data, previous MET studies and head grade assays, target economics for the Mill is revenue of $800 per ton and costs of $300 per ton."
It is an exceptional business model at these values, it looks very profitable.
That said, he needs to finish the last phase of this process as fast as possible and kick in full production.
With that announcement, this price will be a far far distant memory....IMO.
I'm building my position with each positive development!
TAZ
TAZMANS
2 days ago
$NBRI $$ Not true! Approx $11.5M profit per year at 96 tones per day x $500 net per ton .0014 pp for starters, w P/E of 8 = .012 share price
$18.4M revs / 7.8B os = .0023 approx. market cap est only.
RE: "While there's no single "average" P/E ratio for the gold mining industry, a general guideline is that gold mining companies tend to have lower P/E ratios compared to other sectors, often in the range of 10-20, reflecting their cyclical nature and reliance on commodity prices"
WE are way undervalued, IMO!
Good luck all,
TAZ
getmoreshares
2 days ago
The Company has reached an impasse with River Resources the Owner/Operator of the Mt. Vernon Mine whereby River Resources, has refused to operate or otherwise allow North Bay to operate the mine as per the Purchase Agreement regardless of payments, planning, permitting, metallurgy, and mine engineering. The origin of the dispute revolves around River Resources attempted cancellation of the Purchase Agreement, whereby River Resources foisted a number of unreasonable last minute demands on North Bay days before commencement of operations at Mt. Vernon, including demanding 50% of gold produced and $20M in General Liability insurance be obtained by North Bay at a cost of over $1M. The timing of these demands was highly disruptive due to the time, energy, investment and cooperative work that had gone into preparation for operations in addition to the valid standing agreement. As a result, North Bay engaged counsel and sought to find a mutually beneficial solution to allow operations to proceed. Despite these efforts River Resources recently corresponded with counsel indicating this was not likely. North Bay has retained Hall, Estill Law Firm who, as a result of the impasse, responded to River Resources that net direct damages of $390,000 per day for 10 weeks amounting to $19.5M was now due and damages if not remedied would be ongoing, as well as reservation of rights to the gold, mine, equipment, and other valuable minerals.
The Company has reached a mutual agreement with the lease-holders of the Taber Mine to terminate the Joint Venture Agreement effective April 1, 2025. The lease-holders have agreed to refund all payments to date.
delerious1
2 days ago
North Bay Resources Announces First Gold Concentrate Settlement and up to 160m (525 ft.) @ 0.6 g/t Au, including 76m (249 ft.) @ 1.1 g/t Au, Fran Gold Project, British Columbia
NBRI | 16 minutes ago
BISHOP, Calif., April 07, 2025 (GLOBE NEWSWIRE) -- North Bay Resources, Inc. (the “Company” or “North Bay”) (OTC: NBRI) is pleased to announce final acceptance and settlement of the Company’s first gold concentrate sale from a test shipment of ore from the Company’s Fran Gold Project processed at the Company’s Bishop Gold Mill. All Refinery requirements have been met and comparison of assays between the Company’s assay and in-house assay, for settlement of the gold, silver, and moisture content have been agreed. The Company utilizes ALS Geochemistry, Reno, NV, for concentrate assay and the Refinery, Just Refiners, Reno NV, utilizes their in-house laboratory. The concentrate represents approximately 10 tons of gross ore processed inclusive of moisture content. The recovery is from initial operations of the gravity only circuit with the flotation circuit to be brought on-line this month. The Company currently has an additional test shipment in process and has recently completed a 3rd gold concentrate shipment.
Refinery Settlement
LBS. (WET) 281
MOISTURE 18.22 %
LBS (DRY) 230
DST 0.115
Au oz/dst 12.181
Ag oz/dst 5.719
Au: 1.401 oz
Ag: 0.658 oz
Metal Price Aptil 2, 2025
Au $ 3,119.75
Ag $ 33.87
Total Value $ 4,172.29
Net Payment $ 3,981.83
Bishop Gold Mill Operations
The net value paid on the recent gold sale is equivalent to approximately $400 per ton. Further optimization of the gravity circuit along with the implementation of the flotation circuit are expected to increase recovery by up to 100% generating greater than 90% total recovery and a commensurate increase in value per ton to $800. In addition, ore control and head grade monitoring will be implemented as shipment sizes increase to give greater predictability and mass balance control at the Mill. Transportation costs for the recent 120 ton shipment from Fran was approximately $300 per ton which is expected to decrease to $200 per ton for all future shipments as a result of the recent opening of a new rail siding proximate to Fran. The siding was designed for ore on-loading from the nearby recently opened Blackwater Gold Mine and became operational on March 31, 2025. Milling costs are nominal at this time due to the low volume of ore being processed during optimization and ramp up. Direct operating cost is projected at $35 per ton or $3,500 per operating day at the rated mill capacity of 100 tons per day. Tariffs are expected to be $25 per ton or less due to the low value of the raw ore. Based on recent data, previous MET studies and head grade assays, target economics for the Mill is revenue of $800 per ton and costs of $300 per ton.
Seventy-five tons of ore is currently stockpiled at the Bishop Gold Mill. The ore will continue to be processed as part of optimization and ramp-up with additional shipments to follow. There is approximately 5,000 tons of stockpiled ore at the Project site. The main focus of optimization is now the flotation circuit. The Company has all necessary re-agents and has tested the mechanical aspects of the flotation circuit. The selective testing of the titration controls for frother and reagents is now underway. The implementation of the flotation circuit is expected to increase recovery by up to 100% from the current gravity only recovery, with overall recovery expected to reach 90%+. Independent metallurgical testing has resulted in a total recovery, inclusive of gravity and flotation circuits, of 97%. In addition, the Company has begun start-up of its concentrate drying circuit to reduce moisture content prior to refinery shipment.
Fran Gold Project
Recent data re-compilation has resulted in the discovery of a bulk tonnage gold deposit at Fran (see Press Release dated April 1, 2025). Re-calculation utilizing a 3D Model originally created at the time of the 2018-2019 drilling has provided for an initial volumetric model of the deposit. The model represents less than half of the known deposit and utilizes a very small portion of the 104 drill holes. Never-the-less a number of significant features can be noted including the general strike and orientation as well as continuation of the deposit to a significant extent at depth and to the East in addition to being open to a limited extent to the West and potential for a smaller parallel system to the South. The deposit model also shows the near surface aspect of the deposit which has been verified by extensive surface trenching.
Fran Gold 3D Model DDH 2018-2019
Fran Gold 3D Model DDH 2018-2019
Approximately half of the 104 historic diamond drill holes have been re-analyzed to date.
Significant Drill Intercepts
Hole ID From (m) To (m) Width (m) Grade g/t
2006-43 153.0 193.2 40.2 0.7
2006-47 35.1 81.6 46.5 1.3
2006-49 104.1 119.3 15.1 2.7
2006-50A 44.3 118.1 73.8 0.7
2006-51 66.1 85.4 19.3 0.7
2006-53 79.8 92.9 13.1 1.6
2006-55 27.9 100.5 72.5 1.8
2006-56 90.5 116.5 26.1 1.2
2006-58 61.4 157.4 96.0 0.3
2006-59 21.8 74.1 52.3 0.6
2006-60 90.5 131.5 41.0 0.7
2006-61 9.1 58.8 49.6 0.6
2006-62 79.9 150.3 70.5 0.5
2007-68 127.1 147.1 20.0 0.8
2007-69 171.3 197.8 26.6 0.5
2007-70 131.1 246.0 114.9 0.7
2007-71 32.9 116.9 84.0 0.9
2007-72 78.9 106.9 28.0 0.3
2007-73 180.6 194.2 13.6 0.4
2007-74 111.9 269.8 157.9 0.6
incl. 111.9 188.0 76.1 1.1
2007-75 49.0 124.5 75.5 0.8
2007-76 133.2 169.8 36.6 0.9
2018-91 249.4 296.0 46.6 0.4
2018-94 222.0 339.2 117.2 0.6
2018-95 202.7 309.0 106.3 1.0
2018-96 134.7 284.0 149.3 0.9
2018-103 105.7 178.6 72.9 1.4
Past exploration and development, including over 18,000m (55,000ft.) of diamond drilling, has shown large intercepts of mixed vein and disseminated gold. The deposit area has been identified to be in excess of 1000m x 100m x 300m within a known strike length of 1700m. The Fran Gold Project is next to Centerra Gold’s Mt. Milligan Project, with Reserves of 264Mt grading 0.3 gram per tonne gold and 0.2% copper and proximate to Artemis Gold’s Blackwater Mine, with Proven and Probable Reserves of 334Mt grading 0.8 grams per tonne gold. Both Mt. Milligan and the Blackwater Mine are two of the largest new copper/gold and gold mines respectively, in North America.
On behalf of the Board of Directors of
NORTH BAY RESOURCES INC.
Jared Lazerson
CEO
info@northbay-resources.com
northbay-resources.com
X: @NorthBayRes