North Bay Resources Inc (NBRI)

[Monroe1]

SKIPPACK, Pa., April 23, 2024 (GLOBE NEWSWIRE) -- North Bay Resources Inc. (NBRI) (the “Company” or “North Bay”) (OTC: NBRI) is pleased to announce it has completed initial powerup and testing of mill equipment at the Bishop Gold Mill (the “Mill”). Equipment tested included jaw crusher, ball mill, shaker table, and flotation tanks, as well as related conveyors and ancillary equipment. All equipment powered up successfully and is in good working order. The bushings on the ball mill will be replaced shortly to assure continuous operation. Although permitted since 2019, the mill has not operated and all equipment has very low hours and remains in as new working condition, including wiring, plumbing and associated fixtures including the mill building and tailings pond.

Mill Feedstock

The Company is in discussion and negotiations for feedstock for the Mill. The Company has targeted an initial acquisition of 10,000 tons grading one ounce per ton, approximately three months of feedstock. This equates to a total of 8,500 ounces at a projected recovery rate of 85% or $20M in gold at current spot price ($2,350 oz. Au

So guess I will throw in some more chump change. Watch as the developments keep happening. Hello