North Bay Resources Announces Assays up to 9.5% Copper at Murex Copper Project, British Columbia
November 04 2024 - 9:00AM
InvestorsHub NewsWire
North Bay Resources
Announces Assays up to 9.5% Copper at Murex Copper Project, British
Columbia
Bishop, CA -- November 4, 2024 --
InvestorsHub NewsWire -- North Bay Resources Inc. (the
"Company" or
"North
Bay") (OTC:
NBRI) is pleased to announce assays results from its wholly
owned Murex Copper Project, British
Columbia. Summer 2024 Exploration consisted of
geochemical sampling and geological mapping in the main copper
bearing area of the Property. The rock samples are some of the
highest-grade copper samples taken at the Property to
date.
Sampling was completed in an area of
structural complex fracture patterns suggesting localized bulging
domical uplift in the area of Mill Creek proximate to D + E zones
and drill hole 74-2 (150 ft @ 0.5% Cu)
.
This strike can be traced
continuously over a half mile. The D Zone is the most prolific of
the five copper zones (A-E) as defined by previous exploration by
Noranda (now Glencore).
SAMPLE
|
Au
|
Ag
|
Cu
|
|
oz/ton
|
oz/ton
|
%
|
2402
|
0.04
|
2.92
|
9.46
|
2403
|
0.04
|
2.23
|
8.59
|
2404
|
0.04
|
3.91
|
6.73
|
Rock chip sampling consisted of
geochemical analysis at ALS Global Laboratory, North Vancouver,
B.C. utilizing aqua regia acid digestion with ICP and fire assay
with ICP for gold, ALS methods ME-ICP41, Cu-OG46, and Au-ICP41. An
Assessment Report (AR 41264), dated October 28, 2024, has been
filed with the Province of British Columbia.
Murex
Property
The Murex breccia zones are located
in the central part of the property and are interpreted as a
collapsed volcanic dome structure with shallow-dipping thrust
faults cut by steeply dipping faults associated with polymetallic
Cu-Ag-Au-As-Sb-Mo-Te bearing sulphide mineralization along Murex
and Mill Creeks. Chalcopyrite and bornite are
associated with multi-stage diorite and granodiorite of the Mount
Washington intrusive and related breccia types with quartz,
carbonate and biotite alteration hosted in basalt and
sandstone. Historic work identified a 2,300 ft.
X 2,300 ft. area, the D Zone, along with the A Zone and E Zone, two
breccia zones within a 3,900 ft. X 9,800 ft. area.
Map 1. Geophysics 1st Vertical
Derivative Magnetics, Murex Copper Project
Historic
Exploration
Extensive historical exploration by
Standard Oil in the 1970's and Noranda (Glencore), in the 1980's,
has provided a wealth of detailed data and
information. The project is viewed as a
transitional deposit containing significant copper-gold deposits
across multiple zones and geological types, both large scale
breccia and copper and gold bearing
veins.
Multiple drill sections of both high
grade vein type copper and low grade, mass tonnage copper are
known, up to 9% copper and continuous mineralized drill sections up
to 390 ft. @ 60 degrees, respectively. Large intersections of gold in drill
core up to 52 ft. @ 0.2 oz/t gold have also been
identified. In addition, historical surface
samples from these zones are provided below showing significant
gold and copper assays over large
areas.
This is separate and in addition to
gold assays in the Northwest of the property where samples up to
2.1 oz/t gold were discovered in the Fall of 2023
(see Press Release
dated March 6, 2024) confirming high grade gold in
multiple zones as reported by previous
operators. Extensive previous exploration has
occurred with the following significant drill intercepts showing
large mineralized zones:
-
Hole 69-10
270 ft. @ 0.20% copper, 0.015%
molybdenum and 0.1 oz/t silver from surface to 270 ft.
-
Hole 69-1
89 ft. @ 0.22% copper, 0.005%
molybdenum and 0.1 oz/t from surface to 88 ft.
-
Hole 73-3
394 ft. @ 0.24% copper from 10 ft. to
403 ft.
-
Hole 73-6
198 ft. @ 0.20% copper from 8.5 ft.
to 207 ft.
-
Hole 74-2
152 ft. @ 0.53% copper, 0.2 oz/t
silver from 30 ft. to 182 ft. and
89 ft. @ 0.245% copper, 0.1 oz/t
silver from 206 ft. to 295 ft.
-
Hole 86-1
52 ft. @ 0.2 oz/t gold, 0.1oz/t
silver and 0.17% copper from 5 ft. to 57 ft.
-
Hole 86-7
65 ft. @ 1.5% copper and 0.3 oz/t
silver from 96 ft. to 161 and 22 ft. @ 3.3% copper and 0.7 oz/t
silver from 182 ft. to 204 ft.
-
Hole 88-19
36 ft. @ 0.2 oz/t gold, 0.1 oz/t
silver and 0.16% copper
Noranda
Surface Sampling 1987
-
Sample 17333 yielded 3.5 oz/t gold,
2.8 oz/t silver and from a pyritic, pyrrhotitic alteration zone in
a mixed lithology breccia from Zone D
-
Sample 19012 yielded >1% copper
and 0.6 oz/t silver from a quartz fracture filling in basalt from
Zone B
-
Sample 19017 yielded >1% copper
and 1.5 oz/t silver from a breccia containing pyrite, chalcopyrite
and pyrrhotite from Zone B
-
Sample 19022 yielded >1% copper
and 0.4 oz/t silver from a basalt fragment breccia containing
pyrite, chalcopyrite & pyrrhotite from Zone B
-
Sample 19024 yielded >1% copper
and 1.3 oz/t silver from gangue filled fractures in basalt from
Zone B
-
Sample 27583 yielded >1% copper
and 1.9 oz/t silver from an alteration zone in a pyritic diorite
breccia from Zone C
-
Sample 27584 yielded >1% copper
and 0.4 oz/t silver from pyrite andchalcopyrite bearing quartz
veinlets in fractured basalt from Zone D
Noranda
Surface Sampling 1988
-
Sample R-28001 yielded 5.1% copper,
0.05 oz/t gold, 2.22 oz/t silver, from a select outcrop grab of
massive sulphide in a basaltic breccia in Zone A
-
Sample R-28002 yielded 2.2% copper,
0.9 silver from a select outcrop grab of chalcopyrite vein in a
basaltic breccia in Zone A
-
Sample R-28042 yielded 0.4 oz/t gold,
1.0 oz/t silver from a select float grab of sulphidic basalt in
Zone A
-
Sample R-28052 yielded 2.5% copper,
0.6 oz/t silver, from a select matrix only outcrop grab sample from
a mixed lithology breccia in Zone A
-
Sample R-44004 yielded 2.2% copper,
1.0 oz/t silver, from a select outcrop grab sample of a fractured
basalt with quartz and sulphides in Zone A
-
Sample R-43017 yielded 1.9% copper,
0.6 oz/t silver, 0.05 oz/t gold from a 10 square foot panel sample
of sulphidic basaltic breccia in Zone A
-
Sample R-44028 yielded 3.8% copper,
1.1 oz/t silver from a select matrix only outcrop grab sample from
a sulphidic basaltic breccia in Zone A
-
Sample R-27605 yielded 7.0% copper,
4.4 oz/t silver, 0.3 oz/t gold from a select outcrop
grab of a sulphidic mixed lithology breccia in Zone D
-
Sample R-28625 yielded 4.5% copper,
2.9 oz/t silver, from a select outcrop grab of a sulphidic
alteration zone in diorite breccia in Zone D
-
Sample R-28628 yielded 2.5% copper,
1.9 oz/t silver, 0.1 oz/t gold from a select outcrop grab of
a sulphidic alteration zone with quartz veinlets in Zone D
-
Sample R-28010 yielded 5.7% copper,
4.5 oz/t silver, 0.2 oz/t gold from a select outcrop
grab of a sheared, sulphidic basaltic
breccia in Zone D
-
Sample R-28026 yielded 0.3 oz/t gold,
from a chip sample from a sheared, quartz and iron oxide rich
basalt in Zone D
-
Sample R-28089 yielded 0.3 oz/t gold,
0.2 oz/t silver from a select outcrop grab of a sulphidic basaltic
breccia in Zone D
-
Sample R-28092 yielded 1.0% copper,
1.0 oz/t silver, 0.1 oz/t gold from a channel sample of an
altered, sulphidic shear in basalt breccia in Zone D
-
Sample R-28098 yielded 1.0% copper,
0.6 oz/t silver, 0.1 oz/t gold from a channel sample of an altered
shear zone in basalt breccia in Zone D
-
Sample R-28014 yielded 2.8% copper,
0.8 oz/t silver, 0.1 oz/t gold from a channel sample of a sulphidic
quartz vein in Zone D
-
Sample R-28122 yielded 0.4 oz/t gold
from a channel sample of a basaltic breccia in Zone D
-
Sample R-28123 yielded 1.4% copper,
1.0 oz/t silver, 0.2 oz/t gold from a channel sample of a basaltic
breccia in Zone D
-
Sample R-28124 yielded 5.9% copper,
3.7 oz/t silver, 0.2 oz/t gold from a channel sample of a massive
sulphide pod in a basaltic breccia in Zone D
-
Sample R-79784 yielded 0.3 oz/t gold,
0.2 oz/t silver from a chip sample of a sulphidic mixed lithology
breccia in Zone D
-
Sample R-79797 yielded 2.8% copper
from a sample of a sheared sulphidic quartz vein in basalt in Zone
D
Although completed
by qualified Geologists and Engineers of their day, historic
results were completed prior to NI 43-101.
2023
Exploration
Results by the Company from
exploration in the Northwest area of the property in the Fall of
2023 yielded the following results:
#H619230 0.7 oz/t gold, 1.5 oz/t
silver, 0.63% copper, 8.11% zinc
#H619231 0.2 oz/t gold, 0.8 oz/t
silver, 0.93% copper, 0.42% zinc
#H619232 0.05 oz/t gold, 2.3 oz/t
silver, 3.12% copper, 0.27% zinc
#H619241 2.1 oz/t gold, 4.5 oz/t
silver, 0.62% copper, 6.76% zinc
Qualified
Person
Andris Kikauka (P.Geo) is a Qualified
Person in accordance with National Instrument 43-101
– Standards of
Disclosure for Mineral Projects, and has reviewed and approved the
scientific and technical content of this news
release.
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.
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