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North Bay Resources, Inc. (NBRI/NBRI.PK) Penny Stock Summary:

North Bay Resources, Inc. engages in the acquisition, management, and development of precious metal and other mining properties. It primarily explores for gold, silver, platinum, palladium, rhodium, iridium, copper, zinc, and nickel. As of January 31, 2008, the company owned approximately 100 mineral and placer claims encompassing approximately 40,000 acres in British Columbia, Canada. It holds interests in the Monte Cristo and Chilco properties comprising 3 contiguous staked claims composed of 14 units covering approximately 312 hectares; the Pinnacle Gold property consisting of 3 claim units covering 426.7 hectares; the Silver Cup Ridge property that includes 5 contiguous claim units cover...
Founded in 2004
Last $0.01 USD
Change Today 0.00 / 0.00%
Volume 2.8M
As of 1:18 PM 08/7/14 All times are local (Market data is delayed by at least 15 minutes).

north bay resources inc (NBRI) Snapshot

Open
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52 Week High
08/8/13 - $0.09
52 Week Low
06/20/14 - $0.01
Market Cap
1.8M
Average Volume 10 Days
1.4M
EPS TTM
--
Shares Outstanding
165.4M
EX-Date
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north bay resources inc (NBRI) Key Developments

North Bay Resources Inc. Issues Update on Drilling Program at the Ruby Mine in Sierra County, California

North Bay Resources Inc. reports that 2014 underground drilling program at the Ruby Mine in Sierra County, California, has concluded, and the discovery of the new South Terrace has been confirmed. Over the course of the month-long program, twenty two vertical rotary-percussion drill holes were completed, for a total footage of 2,430 feet. The shortest hole was 68 feet and the longest 140 feet. The majority of holes terminated in volcanic tuff that was deposited directly on basement rocks. Three holes successfully penetrated Eocene-age, white gravel river deposits that are associated with placer gold elsewhere on the property. The three successful drill holes penetrated gravels located immediately south and within a hundred feet of the White Channel gravels presently being mined through the White Channel crosscut. The elevation of the basement upon which the gravels rest is approximately 25 feet higher than the White Channel gravels, indicating they are located on a previously unknown terrace that appears to wrap around the south and east rim of the White Channel. The terrace deposits gravels were deposited at the same time early in the geological history of the Deep Rock Creek Channel, before the river level dropped and a deeper channel was developed. The fact that the terrace gravels on the north side of the channel were productive strongly suggests that the gravels on the newly discovered South Terrace will be gold-bearing. The South Terrace is confirmed to be a new discovery, and as such was never previously explored. Thus it is inaccessible until a new raise is driven directly above the Ruby Adit at the drill hole location that penetrated the gravels at the lowest point. Construction of the South Terrace raise is scheduled to begin tomorrow, July 18, 2014. The raise will be approximately 61 feet high above track level and is designed to test the terrace deposits on the floor of the terrace where gravels can be expected to be coarsest.

North Bay Resources Inc. Reports New Discovery at Ruby Gold Mine in Sierra County, California

North Bay Resources Inc. reported that its current drilling program at the Ruby Mine in Sierra County, California, has successfully intersected a virgin channel directly above the Ruby Tunnel. The first successful drill hole, DH C-2, encountered coarse pre-volcanic white quartz gravels 51 feet above the Ruby Adit at a location approximately 3,600 feet upstream from the Ruby Portal. The drill continued through the gravels for 16 feet before being cutoff. A second successful drill hole, DH C-0, was drilled 150 feet downstream from DH C-2, and encountered gravels 62 feet above the Ruby Adit. The drill continued through the gravels for a remarkable 50 feet before hitting the volcanic layer that blankets the top of the channel. These results indicate this new channel is at least 150 feet wide and as much as 50 feet deep. Additional definition drilling will be required to further evaluate this discovery. Accordingly, the drilling program has been extended at least one more week.

North Bay Resources Inc. Provides Update on Near-Term Mining Projects and Exploration Properties in British Columbia, Canada

North Bay Resources Inc. provided following update on near-term mining projects and exploration properties in British Columbia, Canada. With the exception of the Fraser River Project, the Canadian projects have been on hold of late as the company has been focusing on getting the Ruby Mine in California into production. With the Ruby continuing to advance forward, and in view of the upcoming spinoff of wholly-owned subsidiary, Ruby Gold, Inc., as a separate independent company, the company is now making plans to resume work on some of the many projects in Canada, as well as to pursue several other transactional opportunities that have presented themselves recently. A site survey conducted for the recently-announced Heritage Impact Assessment (HIA) on Fraser River Project near Lytton, BC was completed on April 11. The remaining HIA work consists of compiling research and interviews prior to the issuance of the final report. As announced earlier, the HIA is being conducted by Golder Associates Ltd., and is being led by Dr. Christopher Andreae, Ph.D., CAHP. A mining permit for the Fraser River Project was issued in 2013, and mining operations are expected to resume this summer pending the results from the HIA study. The Fraser River Project area covers approximately 4.5 kilometers of placer claims along the Fraser River. Recent assessments indicate assays up to 5.68 grams per tonne gold and 0.427 grams per tonne platinum. The company is preparing to move forward with Monte Cristo placer project in the Lillooet River Valley near Harrison Lake, BC. An exploration program conducted in 2012 resulted in assays as high as 5.70 g/t gold, 3.26 g/t silver, and 0.067 g/t platinum. Drawing on recent experience at the Fraser River Project with the current regulatory climate in BC, the company is planning to commission an Archeological Overview Assessment (AOA) at Monte Cristo prior to finalizing mining plan and filing for mining permits. By doing so it hopes to avoid any delays during the permitting process related to any areas of archeological or historical significance that may or may not be present on the Monte Cristo property. Mount Washington: the company is formulating plans to conduct processing operations on approximately 6,000 metric tons of mineralized material that was extracted in 2009 from the Domineer mine at Mt. Washington and stockpiled on the surface of claims. In July 2010, a 168 metric ton portion of this bulk sample was assessed to yield an average grade of 51.53 grams (1.65 ounces) per tonne gold, 88.02 grams (2.83 ounces) per tonne silver, and over 1% copper. The historical resource estimate (not NI 43-101 compliant) of the Domineer gold deposit has previously been reported as 550,298 tonnes with an average grade of 6.75 g/t gold, 32.23 g/t silver and 0.57% copper.

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Pink Sheets: Archieved Financial News About North Bay Resources, Inc.

North Bay Resources Inc. (NBRI) Form S-1 Declared Effective; Company Now Fully Reporting

Keywords: North Bay Resources Inc. (NBRI) Form S-1 Declared Effective; Company Now Fully Reporting, nbri.pk
Quote: This is still the beginning, and I truly believe our best days remain in front of us."About North Bay Resources Inc.NBRINews) is a fully-reporting junior mining company with over 150 mineral and placer claims encompassing approximately 60,000 acres throughout British Columbia, Canada. The Company's mission is to build a portfolio of viable mining prospects throughout the world and developing them through subsidiaries and JV partners to their full economic potential. North Bay's business plan is ...
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North Bay Resources Inc. (NBRI) Provides Update on Ruby Gold Project Funding

Keywords: North Bay Resources Inc. (NBRI) Provides Update on Ruby Gold Project Funding, nbri.pk
Quote:
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North Bay Resources Inc. (NBRI) Agrees to Acquire Ruby Gold Mine; Gold Production Expected to Begin By Mid-2011

Keywords: North Bay Resources Inc. (NBRI) Agrees to Acquire Ruby Gold Mine; Gold Production Expected to Begin By Mid-2011, nbri.pk
Quote:
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North Bay Resources Inc. (NBRI) Executes Agreement for Northern California Project Funding

Keywords: North Bay Resources Inc. (NBRI) Executes Agreement for Northern California Project Funding, nbri.pk
Quote:
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North Bay Resources Inc. (NBRI) Issues Shareholder Update

Keywords: North Bay Resources Inc. (NBRI) Issues Shareholder Update, nbri.pk
Quote: Once that occurs, the Company will then be eligible to be listed on FINRA's Over-the-Counter Bulletin Board (OTCBB).About North Bay Resources Inc.NBRINews) is a junior mining company with over 150 mineral and placer claims encompassing approximately 60,000 acres throughout British Columbia, Canada. The Company's mission is to build a portfolio of viable mining prospects throughout the world and develop them through subsidiaries and JV partners to their full economic potential. North Bay's busine...
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North Bay Resources Inc. (NBRI) Engages Consulting Geologist

Keywords: North Bay Resources Inc. (NBRI) Engages Consulting Geologist, nbri.pk
Quote: "Gary's extensive experience and knowledge of the western US in particular will be of enormous value to us as we continue to conduct due diligence and move forward in our project evaluations."About North Bay Resources Inc.NBRINews) is a junior mining company with over 150 mineral and placer claims encompassing approximately 60,000 acres throughout British Columbia, Canada. The Company's mission is to build a portfolio of viable mining prospects throughout the world and developing them through su...
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North Bay Ends Discussions on Montana Gold JV

Keywords: North Bay Ends Discussions on Montana Gold JV, nbri.pk
Quote: The parties have been unable to conclude the agreement, and the proposed joint-venture has been terminated.About North Bay Resources Inc.NBRINews) is a junior mining company with over 150 mineral and placer claims encompassing approximately 60,000 acres throughout British Columbia, Canada. The Company's mission is to build a portfolio of viable mining prospects throughout the world and developing them through subsidiaries and JV partners to their full economic potential. North Bay's business pla...
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North Bay Resources Inc. (NBRI) Announces Full Year, 2009 Financial Results

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North Bay Resources Inc.: Silver Quest Budgets $2.2M for Capoose Project

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North Bay Resources Inc. (NBRI) Expands Zeballos Gold Property With Gold-Cu-PGM-Vanadium Prospect

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North Bay Resources Inc. (NBRI) Stakes Major Position in Zeballos Gold Camp

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North Bay Issues Update on Bouleau Creek Gold Property

Quote: PDAC 2010 is an international trade show for the mining industry, sponsored by the Prospectors & Developers Association of Canada (PDAC), and is one of the premier industry events of the year.About North Bay Resources Inc.NBRINews) is a junior mining company with over 150 mineral and placer claims encompassing approximately 60,000 acres throughout British Columbia, Canada. The Company's mission is to build a portfolio of viable mining prospects throughout the world and developing them through su...
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/ CORRECTION - North Bay Resources Inc. (NBRI) Expands Zeballos Gold Property With Gold-Cu-PGM-Vanadium Prospect

Quote: Complete corrected text follows.North Bay Resources Inc. (NBRI) Expands Zeballos Gold Property With Gold-Cu-PGM-Vanadium ProspectNBRINews) ("North Bay" or the "Company") is pleased to announce that it has staked an additional 3,843 acres approximately 3 miles northeast of the Company's recently announced Zeballos Gold property. The new claims contain recently discovered polymetallic mineralization, with known gold assays of up to 18.2 grams per tonne, as well as anomalous copper, silver, platinu...
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North Bay Resources Inc.: NI 43-101 Resource Estimate on Capoose Property Announced

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North Bay Resources Inc. (NBRI) Issues Update on Argo Gold Property

Quote: The new reports confirm the Company's belief that the Argo is a property of merit, and further exploration and development work is warranted.About North Bay Resources Inc.NBRINews) is a junior mining company with over 150 mineral and placer claims encompassing approximately......
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North Bay Resources Inc. (NBRI) Agrees to Terms on Montana Gold Mine JV

Quote: Historical resource estimates show proven and probable reserves of 43,470 ounces of gold and 636,930 ounces of silver, inferred resources of 125,000 ounces of gold and 1,750,000 ounces of silver, and as much as another 800,000 ounces of gold in potential resources that are amenable to open pit operations.Terms of the agreement will be announced once the transaction has been consummated.About North Bay Resources Inc.NBRINews) is a junior mining company with over 150 mineral and placer claims enco...
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North Bay Resources Inc.: Silver Quest Budgets $2.2M for Capoose Project

Quote:
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North Bay Resources Inc.: NI 43-101 Resource Estimate on Capoose Property Announced

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North Bay Resources Inc. (NBRI) Issues Update on Argo Gold Property

Quote: The new reports confirm the Company's belief that the Argo is a property of merit, and further exploration and development work is warranted.About North Bay Resources Inc.NBRINews) is a junior mining company with over 150 mineral and placer claims encompassing approximately......
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North Bay Resources Inc. (NBRI) Agrees to Terms on Montana Gold Mine JV

Quote: Historical resource estimates show proven and probable reserves of 43,470 ounces of gold and 636,930 ounces of silver, inferred resources of 125,000 ounces of gold and 1,750,000 ounces of silver, and as much as another 800,000 ounces of gold in potential resources that are amenable to open pit operations.Terms of the agreement will be announced once the transaction has been consummated.About North Bay Resources Inc.NBRINews) is a junior mining company with over 150 mineral and placer claims enco...
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