Tuesday, September 10, 2024 8:16:53 AM
Marcus,
Your concerns are not being overlooked. You seem to be accounting for everything. Yes shipping to the Bishop mill is the best option financially. Being in the shipping and logistics industry yourself, you understand the cost of fuel, drivers pay, insurances etc. But from the mining position, yes, shipping ore from the Fran project to our mill in Bishop would be most suitable at this time. We already have the mill in Bishop so trying to get a deal on another mill would be more money out of pocket. Not to mention shipping the ore out for assay tests is an added expense. We are planning to build our own on site assay lab at the Bishop mill location so we can have assays done quicker and it'll be an all around more financially fit and viable plan for us to ship the ore to where it can be milled and sent through assay all in one location. As time progresses and production ramps up at our various projects we may look into acquiring another mill closer to other locations. But, as of now shipping ore from the Fran project to Bishop is indeed the best option. You are a shareholder we value you as such. Think of shipping the ore kind of like dollar cost averaging. You have to spend money to make money and right now this is the cheapest way to spend the money and maximize profits. Please do not hesitate to reach out, you seem to be a very well rounded and knowledgeable shareholder with great insight.
Thank you again for being a shareholder, things are moving quickly and will be ramping up fast in the near future so stay vigilant because there are big things coming.
We have the resources, we have a plan in motion and most importantly, we have the gold.
All the best,
Jared Lazerson
CEO
Recent NBRI News
- 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
- North Bay Resources Announces First Gold Concentrate Settlement and up to 160m (525 ft.) @ 0.6 g/t Au, including 76m (249 ft.) @ 1.1 g/t Au, Fran Gold Project, British Columbia • InvestorsHub NewsWire • 04/07/2025 01:46:37 PM
- North Bay Resources Announces Discovery of Mass Tonnage Gold Deposit up to 149m (489 feet) Grading 0.95 g/t Au, Fran Gold Project, British Columbia • InvestorsHub NewsWire • 04/01/2025 01:00:00 PM
Exxe Group Advances Platform Strategy and Share Structure Reduction Following Strategic Meetings • AXXA • Mar 11, 2026 1:03 PM
DRCR Pushes Forward With Implementation of 2026 Business Plan • DRCR • Mar 11, 2026 12:26 PM
Record Gold Prices Reshape Opportunities for Emerging Producers • LFLR • Mar 11, 2026 9:00 AM
C2 Blockchain Reports 803 Million DOG (Bitcoin) Holdings Following Strategic Accumulation of Bitcoin-Native Digital Assets • CBLO • Mar 10, 2026 8:00 AM
RENI Completes Due Diligence on Target Acquisition; Confirms Strong Asset Base and Operational Performance • RENI • Mar 5, 2026 10:15 AM
BlackStar Engages in Talks with U.S. Senate Banking Committee Team Covering the Digital Asset Market Clarity Act • BEGI • Mar 4, 2026 4:47 PM
