Tuesday, July 08, 2014 8:56:47 AM
http://www.otcmarkets.com/news/otc-market-headline?id=16274704
Jul 08, 2014 (eTeligis.com via COMTEX) -- SKIPPACK, PA, United States, via eTeligis Inc., 07/08/2014 - - North Bay Resources Inc. (OTCQB:NBRI) ("North Bay" or the "Company") is pleased to report that our 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.
We note that the location of this new channel directly above the Ruby Adit is ideally situated within the current Ruby Mine infrastructure.Its close proximity 25 feet above the area where access to the White Channel was constructed last winter means that access to the new channel can be established within a relatively short timeframe to begin assessing its gold content through bulk sampling.
We can also report that cuttings from other drill holes several hundred feet further upstream appear to indicate that we may have also intersected several quartz veins in drill locations closer to the Melones Fault, the controlling geological structure of the California Mother Lode that runs directly through the center of the Ruby Mine and the entire Ruby Gold property.Hundreds of drill cuttings are presently being analyzed, and selected samples will be sent to ALS Chemex Labs in Reno, NV for assay.
Mr. C. Gary Clifton, P.Geo., is the Company's independent consulting geologist for the Ruby Gold Project.Mr. Clifton is a Qualified Person as defined by National Instrument 43-101, and has reviewed this press release for technical accuracy.
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