New Jersey Mining Company today distributed the following Update to Shareholders from NJMC President & CEO John Swallow: Since our President’s Letter in April, we’ve invested a considerable amount of time and money into the Company and felt an update of our progress is warranted, before our hard work gets overshadowed – by more hard work... It has been an extremely busy time. With the intensity of a [...]
New Jersey Mining Company announced today it has increased its overall land position at the Company’s Eastern Star and South Fork project areas in central Idaho. The Company’s Eastern Star and South Fork projects are located approximately one mile apart in the central Idaho Gold Belt, near the small community of Elk City, Idaho. The Elk City Mining District is an historic gold mining region dating back to the [...]
COEUR D'ALENE, Idaho, Sept. 13, 2018 -- New Jersey Mining Company announced today that it has added to its Murray Gold Belt portfolio by staking the Giant Ledge Claim Group , located southeast of the Golden Chest Mine. The Giant Ledge Project consists of 37 un-patented claims and covers the historic Giant Ledge and Raven mines. The Giant Ledge Mining Company was active between the years of 1917 to 1926. According to [...]
COEUR D'ALENE, Idaho, Sept. 06, 2018 -- New Jersey Mining Company announced today that it has added the Butte Gulch patented land package and adjacent lode mineral rights to its Murray Gold Belt land position. Butte Gulch is located directly East and adjacent to the Golden Chest Mine. Our acquisition of the land package in Butte Gulch is an important development for NJMC and advancement of the Murray Gold Belt [...]
New Jersey Mining Company today announced its consolidated operating and financial results for the second quarter of 2018. The full version of the Company’s interim consolidated financial statements and management’s discussion and analysis can be viewed on the Company’s web site, on SEDAR and EDGAR. All amounts are expressed in U.S. dollars unless otherwise specified. Operational Highlights during the [...]
COEUR D'ALENE, Idaho, June 18, 2018 -- New Jersey Mining Company today announced its common shares have been approved for listing on the Canadian Securities Exchange under the symbol NJMC. Pursuant to the CSE bulletin dated June 15, 2018, the common shares will commence trading on the CSE at market open on June 19, 2018. John Swallow, President and CEO stated, “We view the addition of a Canadian listing as more than [...]
COEUR D'ALENE, Idaho, May 21, 2018 -- New Jersey Mining Company announced today that it has sold its Toboggan project to Hecla Silver Valley, a wholly-owned subsidiary of Hecla Mining Company for $3-million cash. New Jersey’s Toboggan property sold to Hecla Silver Valley was comprised of the surface rights to the Little Baldy patented claims and 106 unpatented mining claims totaling more than 2,100 acres along a [...]
New Jersey Mining Company today announced its consolidated operating and financial results for the first quarter of 2018. Operational Highlights during the first three months of 2018 include: For the quarter ending March 31, 2018, approximately 7,860 dry metric tonnes were processed at the Company’s New Jersey Mill at a head grade of 3.26 grams per tonne gold with recovery averaging 90.7-percent. This resulted in [...]
COEUR D'ALENE, Idaho, April 26, 2018 -- New Jersey Mining Company today distributed the following Letter to Shareholders from NJMC President & CEO John Swallow: I would like to provide a high-level overview that genuinely recognizes the dedication of our team and the support and patience of our shareholders. We have stayed true to our “aim small, miss small” and “no all-in bets” strategy to aid in [...]
COEUR D'ALENE, Idaho, March 06, 2018 -- New Jersey Mining Company announced today that it has added to its land holdings in North Idaho’s Murray Gold Belt with the lease of the Four Square Property. The Four Square Property is comprised of 334 acres of mining claims, including 46 acres of patented mining claims, located near the small town of Murray, just three miles west of the Company’s Golden Chest Mine [...]
COEUR D'ALENE, Idaho, Feb. 26, 2018 -- New Jersey Mining Company today announced its consolidated operating and financial results for the year ending December 31, 2017. Operational Highlights include the following: Approximately 31,350 dry metric tonnes were processed at the Company’s New Jersey Mill with an average gold head grade of 4.11 grams per tonne , resulting in the production and sale of 3,525 ounces of [...]
COEUR D'ALENE, Idaho, Feb. 05, 2018 -- New Jersey Mining Company today announced results from its recent exploration trenching program at its Golden Chest Mine in Northern Idaho. The Company completed 14 trenches, totaling 653 meters, which were designed to test for near-surface, open-pittable gold mineralization in areas where the Idaho Fault and its associated vein set project to the surface. Trenches were completed in [...]
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