Thursday, October 09, 2014 8:59:20 AM
Just want to point out this would be per mining location. NBRI will have 2 locations on line shortly doubling that ounce per week from 45.6 to 91.2.
Next year they will begin rehab on locations 3-4. By running 4 locations efficiently, which don't get me wrong is an incredible task but this team can do it, that would push production up towards 180 ounces per WEEK.
This would be 780 ounces per month or 2340 ounces per Q.
Gold at $1200.00 = $2.8M with approx 50% of that total as profit. Or $1.4M.
Even at 750M shares that is a Q profit of .0019/share.
This isn't counting any production from the Fraser, Monte Cristo or Mt Washington.
Next year they will begin rehab on locations 3-4. By running 4 locations efficiently, which don't get me wrong is an incredible task but this team can do it, that would push production up towards 180 ounces per WEEK.
This would be 780 ounces per month or 2340 ounces per Q.
Gold at $1200.00 = $2.8M with approx 50% of that total as profit. Or $1.4M.
Even at 750M shares that is a Q profit of .0019/share.
This isn't counting any production from the Fraser, Monte Cristo or Mt Washington.
Recent NBRI News
- North Bay Resources Announces Acquisition of Bendito Resources • ACCESS Newswire • 03/26/2026 01:00:00 PM
- Precious Metals & Critical Minerals Virtual Investor Conference: Presentations Now Available for On-Demand Viewing • GlobeNewswire Inc. • 02/13/2026 01:35:00 PM
- Precious Metals & Critical Minerals Virtual Investor Conference Agenda Announced for February 10th – 12th • GlobeNewswire Inc. • 02/05/2026 01:35:00 PM
- North Bay Resources Announces Assay of 6.62 Ounces per Ton Gold, Fran Gold Project, British Columbia • GlobeNewswire Inc. • 11/04/2025 02:00:00 PM
- North Bay Resources Announces Assays >2.9 Ounces per Ton Gold, Fran Gold Project, British Columbia • GlobeNewswire Inc. • 10/27/2025 01:00:00 PM
- North Bay Resources Announces X-Ray Silver Mine 50/50 JV with Past Production Grading 1,072 Ounces per Ton Silver, Lander County, Nevada • InvestorsHub NewsWire • 09/08/2025 01:09:06 PM
- North Bay Resources Announces Resource Estimate of 474,000 ounces at Fran Gold Project, British Columbia • InvestorsHub NewsWire • 05/13/2025 01:58:43 PM
