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The Focus Of North Bay Is To Return Value To Shareholders Through Staged Acquisition, Exploration, And Monetization Of Its Gold Assets & Processing Facilities Learn More
For Accredited Investors
North Bay Resources is a mineral exploration company focused on high-grade gold projects in North America. Its core operation, the Bishop Gold Mill in California, is a 96-ton-per-day facility with advanced recovery technology. Backed by strong regulatory approvals, the company is committed to sustainable and efficient gold production.
Invest NowThe Fran Gold Project is next to Centerra Gold’s Mt. Milligan Project, with Deposits of 264Mt grading 0.3 gram per tonne gold and 0.2% copper and proximate to Artemis Gold’s Blackwater Mine, with Proven and Probable Deposits of 334Mt grading 0.8 grams per tonne gold. Both Mt. Milligan and the Blackwater Mine are two of the largest new mines in North America in the modern era. The Blackwater Mine has a Measured and Indicated Resource in excess of 10M ounces of gold.
Historical exploration and development planning at Fran focused on delineation of mid-high grade veins with an eye to underground mining of these veins. Very limited focus was placed on bulk tonnage and disseminated gold, although discussed in reports from 2006, no follow-up appears to have occurred. North Bay’s recent ongoing focus has been the development of mid-high grade surface material as feedstock for its Bishop Gold Mill. This in turn has led to a re-evaluation of the project potential resulting in what is currently a dual focus with high grade surface material going to the Company’s mill and further evaluation of the larger potential of the mass tonnage gold deposit. Data indicates substantial expansion potential at depth beyond 300m (984 feet) and extensions of the disseminated gold zones to the East and North-East where copper grades begin to rise. Drilling was stopped in these directions due to the loss of the mid-high grade veins that were the focus of historical exploration and these areas remain largely unexplored.
In addition to the bulk gold deposit, the Company continues to develop the project as mid-high grade feedstock for its 100 ton per day Bishop, California gold mill utilizing existing stockpiles and development of the surface oxide zone where trenching has shown consistent grade of 16 grams (0.5 ounces per ton) over 30m (110 feet) in trenches B+C.
| Mass (tonnes) | Average (g/t) | Total (grams) | Total (tr. ounces) |
|---|---|---|---|
| 20,035,146 | 0.50 | 10,051,730 | 323,170 |
| Mass (tonnes) | Average (g/t) | Total (grams) | Total (tr. ounces) |
|---|---|---|---|
| 43,797,234 | 0.34 | 14,743,070 | 474,001 |
Investment is for operating capital to increase shipments and production initially to 100 tons (~$100,000) per week with a further ramp up to full production capacity of 100 tons per day.
At North Bay Resources, Inc., we specialize in developing high-grade, small-scale gold deposits. Our focus is on efficiency and sustainability, targeting smaller, high-quality gold deposits to reduce environmental impact while maximizing profitability.
Our approach emphasizes responsible mining practices through selective extraction techniques, helping to minimize waste and environmental disturbance. This aligns with current environmental regulations and attracts investors interested in sustainable mining.
Looking forward, we are exploring opportunities to expand our portfolio by acquiring and developing new high-grade gold projects. Our commitment to sustainability, efficiency, and profitability will continue to drive our operations and deliver value to our shareholders.
Mr. Lazerson has been involved in the mineral exploration and technology industries for 25 years. In 2018, Mr. Lazerson accepted the Standard & Poors Global – Platts Metals Award for Leadership in Base and Specialty Metals on behalf of MGX Minerals as its CEO.
As CEO, Mr. Lazerson oversaw the financing of $60M in direct lithium extraction (DLE) and zinc-air battery technologies as well as exploration for magnesium, silicon, and gold including the discovery of the 8.1Mt Measured + Indicated Driftwood Creek Magnesite deposit with an in situ value of approximately $1.8B.
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Value Investment at $5,000,000 Market Capitalization
As with all investments, please consult a financial advisor. Accredited investors only. All shares are subject to a one-year statutory hold period.
For Accredited Investors
Example of investment amount
| Investment | Share | Gold |
|---|---|---|
| $10K | 10,000,000 | 1.33 oz |
| $25K | 25,000,000 | 3.33 oz |
| $50K | 50,000,000 | 6.65 oz |
| $100K | 100,000,000 | 13.30 oz |
97% recovery using gravity and flotation processing methods.
view more70% stake in Bishop Gold Mill ensures processing control.
view moreRegular shipments and sales of gold from current operations.
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