February 15th - Skippack, PA - North Bay Resources Inc. is pleased to announce that the Company has entered into an agreement to acquire a 100% interest in the 1056 hectare Copper Island Red-Bed Copper Project , located in British Columbia, Canada, The acquisition agreement , dated February 14th 2023, is to acquire the Copper Island Project from Copper Island Mines Ltd. for share and cash payments totalling $550,000 and a [...]
North Bay Resources Inc. is pleased to report the results of the Company's recent exploration work at Mount Washington and Wolf Lake Gold on Vancouver Island. The exploration program at Wolf Lake was conducted over a four day period in mid-September, and consisted of geological mapping, prospecting, and selective rock sampling. Samples were taken from six locations, and the lab reports have now been released. Compilation [...]
North Bay Resources Inc. is pleased to announce that it has signed a Binding Memorandum of Understanding with CarbonMeta Technologies Inc to create a joint venture subsidiary called CarbonMeta Green Resources Canada, which will focus on producing carbon-negative cementless concrete using olivine. CarbonMeta Green Resources Canada will be a Limited Liability Company based in British Columbia, Canada, jointly owned and [...]
North Bay Resources announced today that it has signed a definitive agreement to sell a 90% interest in North Bay's Fraser River Platinum Project to a private mining group based in BC. Under the terms of the deal, North Bay will retain a 10% interest in the property going forward, and will be due a 10% Net Smelter Royalty for all annual revenue from metal recovery in excess of the first $10,000 per year. The JV Group will [...]
North Bay Resources Inc. is pleased to report that recent fieldwork at the Company's 100% owned Tulameen Platinum Project in southeastern British Columbia has resulted in an estimation of potential by-product metal targets of up to 729,000 ounces Platinum, 363.95 million pounds Nickel, 1.308 billion pounds Chromite, and 294,000 ounces Gold. These numbers are the result of correlations between metals that have been [...]
North Bay Resources Inc. is pleased to announce that lab results from recent fieldwork at the Company's 100% owned Tulameen Platinum Project in southeastern British Columbia confirms prior assessments. Assay results from ALS Labs in Vancouver show average magnesium yields of 26.45%, which is entirely consistent with previous reports. As well, assays as high as 0.19 grams per tonne platinum, 0.15% nickel, 0.31% chromium [...]
North Bay Resources Inc. is pleased to announce that the Company is initiating its 2021 exploration season at its 100% owned Tulameen Platinum Project in southeastern British Columbia. This is a continuation of recent work the Company performed in 2018 that identified an exploration target of an estimated 135 million tonnes of olivine in the PGM mineralized areas of the property. Rock samples collected in our 2018 [...]
North Bay Resources is pleased to announce that the Company will be initiating its 2018 exploration season at its 100% owned Tulameen Platinum Project in southeastern British Columbia on June 20, 2018. This work is intended to build upon the positive results from our 2016 exploration program that focused on a large deposit of commercial-grade olivine identified in the PGM mineralized areas of the property. In addition [...]
North Bay Resources is pleased to announce that it has acquired a 12.5% stake in the Monument Project in southeastern British Columbia. The Monument property covers 900 hectares over nine reverted Crown grants and is located approximately 12 km north of Nelson, BC. The property is road accessible and encompasses the Monument prospect (MINFILE 082FNW264), a Silver-Base Metals-Gold-Tungsten-Molybdenum-Copper outcropping [...]
North Bay, today announced that the Company has completed its recapitalization in the form of a 1-for-200 reverse split of its common stock previously disclosed in its SEC filings on January 6, 2015 and January 16, 2015. The reverse split was approved by FINRA to take effect today at the market open, at which time North Bay's common stock will trade on a split-adjusted basis under new CUSIP number 657488300 and temporary [...]
SKIPPACK, PA--(Marketwired - Oct 16, 2014) - North Bay Resources Inc. (OTC Pink: NBRI) ("North Bay" or the "Company") today issued the following shareholder update. As previously announced this week, operations at the Ruby Mine are winding down for the season, and are expected to resume in late April, 2015, weather permitting. Surface work being done in the interim will prepare the property for the winter season. This [...]
SKIPPACK, PA--(Marketwired - Oct 13, 2014) - North Bay Resources Inc. (OTC Pink: NBRI) (PINKSHEETS: NBRI) ("North Bay" or the "Company") reports that operations at the Ruby Mine in Sierra County, California are currently winding down to prepare for winter and the resumption of underground operations next spring. This action is expected to significantly cut costs and reduce if not eliminate the amount of debt currently [...]