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Saturday, 03/10/2012 11:01:35 AM

Saturday, March 10, 2012 11:01:35 AM

Post# of 353136
$NBRI..New valuation comming from explorer to producer will be fast and furious!>>>>>News for 'NBRI' - (North Bay Resources Inc (NBRI): Ruby Gold Project Progress Report)


SKIPPACK, PA, Feb 09, 2012 (MARKETWIRE via COMTEX) -- North Bay Resources Inc.
(OTCBB: NBRI) ("North Bay" or the "Company") is pleased to issue the following
shareholder update on the status of current operations at the Ruby Gold Project.

The Ruby Tunnel rehab project continues to move forward. As a result of the mild
winter thus far, work has proceeded unabated into 2012, and we continue to make
steady progress.

At the present time, our crew is now retimbering the area around the Wolf Vein
workings, a key location 3,000 feet within the Ruby tunnel. The Wolf Vein is a
quartz vein deposit known to be hosted in the bedrock underlying the
intersection of the Bald Mountain and Deep Rock Creek Channels, and it will be
one of our primary developmental targets after mining operations begin. To date,
the crew has replaced more than 30,000 board feet of mining timber, and
installed nearly 3,000 feet of new ventilation duct. We have now rehabilitated
and advanced approximately halfway through the Ruby Tunnel towards our primary
mining target, which is the "Big Bend" section of the Black Channel, the
location where C.L. Best extracted the world famous Ruby nuggets, and the
section of the mine where Best was forced to stop mining in 1942 by order of the
US Government during World War II.

As always, we will continue to keep shareholders informed of our operational
progress as we proceed forward towards completion of the tunnel rehab project
and the start of production.

About The Ruby Gold Project

The Ruby Mine, a/k/a the Ruby Gold Project, is a fully-permitted underground
placer and lode mine located near Downieville in Sierra County, California that
is known to have produced over 250,000 ounces of gold since the 1850s, and which
is considered to be part of the northern extension of the historic Mother Lode
system. The Ruby Property covers approximately 1,755 acres, consisting of the
subsurface mineral rights of two patented claims totaling approximately 435
acres and 30 unpatented claims containing approximately 1,320 acres. The
equipment, fixed assets, and infrastructure in place include a 1,000 yard per
day placer wash plant, 50-ton per day quartz mill, 6,000 feet of tracked
haulage, and related support equipment needed for underground mining operations.
The property also features an excellent system of roads, is accessible via paved
highway from Reno or Sacramento, has abundant water and timber available for
mining purposes, and has PG&E power available on-site. For further information
about the Ruby Mine, please visit the Ruby page on the North Bay website at
http://www.northbayresources.com/ruby/.

About North Bay Resources Inc.

North Bay Resources Inc. (OTCBB: NBRI) is a fully-reporting junior mining
company with over 150 mineral and placer claims encompassing approximately
60,000 acres throughout British Columbia, Canada.

In the US, the Company has acquired the Ruby Gold Mine in Sierra County,
California, and is presently looking to acquire additional operating mines in
the western US.

The Company's mission is to build a portfolio of viable mining prospects
throughout the world and developing them through subsidiaries and JV partners to
their full economic potential. North Bay's business plan is based on the
Generative Business Model, which is designed to leverage its properties into
near-term revenue streams even during the earliest stages of exploration and
development. This provides shareholders with multiple opportunities to profit
from discoveries while preserving capital and minimizing the risk involved in
exploration and development.

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