North Bay Resources
Announces Assays up to 5.69% Copper, 1 Opt. Silver, and 0.22%
Vanadium at Copper Island Project, British Columbia
Bishop, CA -- March 10, 2025 --
InvestorsHub NewsWire -- North Bay Resources, Inc. (the
"Company" or
"North
Bay") (OTC:
NBRI) is pleased to announce results of February 2025
exploration at the Company's Copper Island Project. Recent rock
sampling of 8 outcrops at the Pomeroy 1-3, Beaver and Copper Bell
zones produced results up to 5.69% copper, 1 ounce silver, and
0.22% vanadium with average assay values of 4.6% copper, 0.5 ounces
per ton silver, and 0.9% vanadium. In
addition, metallurgy studies of the samples
showed copper to be in oxide form up to 74.4% and averaged 40.3%,
42.1%, and 58.4% copper oxide utilizing 3 different leach
tests.
Copper in the oxide form generally
has low processing cost with high recovery.
Assays were
completed at ALS Global Laboratory, North Vancouver, BC as
follows:
*Cu-OG62: Standard
assay, aqua regia solvent for copper oxides and sulphides, Four
acid digestion and ICP finish 0.4g sample
**Cu-AA05:
Leach test for
total oxide copper, 5% H2SO4 Leach (AAS) prepared sample (0.5g) is
leached with 5% sulphuric acid.
***Cu-AA07n:
Leach test for
total oxide copper, H2SO4/Na2SO3 Leach (AAS) When exposed to dilute
H2SO4/Na2SO3 solutions Cu oxide dissolved. The sample (1 g) is
leached in 50 mL of dilute H2SO4/Na2SO3 for 1 hour.
****Cu-AA08q:
Leach test for
total oxide copper, H2SO4 / Fe2SO4 (AAS) The sample (~ 1.0 g) is
shaken in H2SO4 / Fe2SO4 for half an hour.
The Copper Island property is
a Red-Bed
Copper deposit located proximate to
Campbell River, British Columbia and the Company's nearby Murex
Copper Project. The Property is underlain by
Karmutsen volcanics, which consist of highly fractured and sheared
Karmutsen Formation amygdaloidal andesitic flow rocks filled with
calcite, quartz, chlorite, actinolite or prehnite. Minerals of
interest are chalcocite (CuS), a secondary mineral of copper, with
subordinate and local occurrences of bornite (Cu5 FeS4) cuprite
(Cu2O), malachite (Cu CO3 (OH )), and native copper (Cu), in highly
oxidized material. Chalcocite occurs in the higher-grade showings
as partial to complete replacement of amygdules in the upper
portion of individual flow structures (similar to Keweenan, Point
Michigan, copper-bearing basaltic
flows). Historic sampling identified acid
leachable vanadium which contains highest vanadium values in a
black siliceous sediment, overlying a copper mineralized
flow.
The Pomeroy 3, 4 Zone mineralization
occurs over a strike length of approximately 750 feet, largest of
the numerous Cu-Ag zones identified. Mineralization follows a
northwest to north trending formation of amygdaloidal basaltic
flows, with important E-W to ENE-SSW trending cross fault/fracture
zones. Several parallel zones have been identified (e.g. Copper
Valley, Butte, Copper Bell, Colleen, Vanadium & Ingersoll). The
Pomeroy zones have large areas of copper mineralization in a
calcite filled amygdules and veinlet stockwork that is evident
throughout the property. The other mineralized zones consist of
increased quartz, calcite veining, and copper sulphides in up to 30
feet wide altered and fractured zones traced intermittently for up
to 600 feet on surface.
Historic
Exploration
and
Development Work
Considerable previous work has been
performed on the Pomeroy Group copper-silver bearing
mineralization. Modern exploration began in 1952-53, when Dodge
Copper carried out a detailed exploration program of trenching and
diamond drilling. Dodge Copper drilled 145 holes
totaling 8800 feet on various deposits. Extensive drilling and
trenching of the mineralized zones were completed by Prince Stewart
Mines Ltd. in 1972-74 resulting in a resource and reserve estimate
totaling 50,886,710 lbs. of copper. In 2011, the claims were acquired
by Copper Island
Mines Ltd, and a program of geochemical sampling
was carried out on the Pomeroy, Beaver and Colleen Zones. A significant
portion of geochemical sampling returned
>2% Cu from numerous new & historic copper-silver bearing
mineral occurrences (Betmanis, 2012).
2023 Exploration Results:
Pomeroy 1
23CIR-3 7.46% Cu
23CIR-4 8.48% Cu
23CIR-5 4.51% Cu
23CIR-6 3.28% Cu
Copper Bell
23CIR-7 14.7% Cu
23CIR-8 3.42% Cu
Property Mineral Occurrences
Historic
estimates were completed prior to NI 43-101, while completed by
qualified geologists and/or engineers of their day they are
historic in nature.
The following
list describes
historic
resources of nine British Columbia Ministry of
Mines, Energy, and Carbon Reduction MINFILE occurrences
located within Copper Island mineral
claims:
POMEROY
1:
16,500 tons @ 3.67% Cu
1,211,100 lbs. Cu
POMEROY
2:
PROVEN: 5,000 tons @ 2.70% Cu
INDICATED: 17,000 tons @ 2.70%
Cu
270,000 + 918,000 = 1,188,000 lbs.
Cu
POMEROY
3+4
PROVEN: 972,400 tons @ 1.22% Cu
INDICATED: 472,000 tons @
1.62%Cu
23,726,560 + 15,292,800 = 39,019,360
lbs. Cu
POMEROY
5:
58,500 tons @ 1.00% Cu
1,170,000 lbs. Cu
BEAVER
1:
19,375 tons @ 1.74% Cu
674,250 lbs. Cu
HALL:
PROVEN: 5,000 tons @ 3.45% Cu
INDICATED:
50,000 tons @ 2.40% Cu
674,250 + 2,400,000 = 3,074,500 lbs.
Cu
COPPER BELL 1 +
2:
112,000 tons @ 2.55% Cu
5,737,500
lbs. Cu
*Reserve
Estimates - Sheppard, 1974. Prince Stewart Mines Ltd.
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
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.