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Re: None

Monday, 07/28/2014 8:20:16 AM

Monday, July 28, 2014 8:20:16 AM

Post# of 44388
NBRI's mining plan currently calls for NBRI to mine 4 channels in the Ruby initially. There are 7 known gold channels left to mine:

Bald Mt. Extension
Deep Rock Creek
Cincinnati
Black
Pilot
Mt. Vernon
N. Wuisconsin

There are 4 known quartz veins that will be mined also:

Wolf Vein
The 3750 Vein
The Frederking Vein
The Chinaman Chute Vein System

http://www.northbayresources.com/ruby/rubymine43101.pdf

The drilling program was a huge success and has identified the south terrace of the oldest channel on the Ruby property. This terrace has 16 feet of gravel on one side and at least 50 feet on the other side and is at least 150 feet wide. The north terrace was mined and had profitable gold so there is little reason to think the south side wouldn't be as rich. This channel can be mined within weeks and it is directly over current workings and a 61 foot raise is currently under construction to sample this target.

http://www.marketwired.com/press-release/north-bay-resources-inc-nbri-issues-update-on-drilling-results-new-discovery-ruby-mine-otcqb-nbri-1930581.htm

The drilling program also found several unknown quartz channels near the Melones Fault and samples are being sent out for assays.

http://www.marketwired.com/press-release/north-bay-resources-inc-nbri-reports-new-discovery-ruby-gold-mine-drilling-successfully-otcqb-nbri-1927477.htm

Here is a video that shows the drilling program in action and the level of detail and analysis that goes into this program.



Finally they identified a new channel which was named the Discovery Channel which has been staked to claim.

http://www.marketwired.com/press-release/ruby-gold-inc-acquires-carson-mine-stakes-claim-to-new-discovery-channel-otcqb-nbri-1897646.htm

Here is the original mining plan:

The Pilot and Mount Vernon Channel targets are projected to lie in the near vicinity of the existing Lawry Shaft workings. Active exploration tunneling (“drifting”) with air-powered slushers and trackless loaders (“LHD's”) is expected to be underway shortly after mining operations begin and the Lawry Shaft section of the mine is fully rehabilitated.

Construction of the 1,500 foot Deep Rock Creek Project access tunnel can also begin once full mining operations commence. This tunnel will be a tracked haulageway. The rate of progress will be determined by the amount of time required to complete the maintenance program in the Ruby tunnel beyond the “Daylight Turn” where the Deep Rock Creek Access Tunnel begins. This maintenance will also be required prior to constructing the Big Bend Bypass Raise to the Black Channel workings. This maintenance work was completed in the third quarter of 2013. Construction of the Big Bend Bypass Raise is currently in progress as of the date of this prospectus. The Company has commenced test mining (bulk sampling) operations in the White Channel section of the Ruby tunnel, which as of the date of this prospectus has been suspended pending further evaluation.

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