News Focus
News Focus
Followers 1458
Posts 89318
Boards Moderated 1
Alias Born 06/16/2008

Re: gemstone57 post# 38343

Friday, 06/21/2013 11:25:12 AM

Friday, June 21, 2013 11:25:12 AM

Post# of 130141
Look at the New Ventilation System!

Brush creek put 5 million Into the Equipment used after you mine but failed to put money into the infrastructure, and tried to do things half azzz.

Thank You Brush for the awesome equipment!

Perry our CEO does nothing half azz!

Pics of the ruby









Picture why the Infrastructure was needed and what is ahead!!




The project is fully permitted and benefits from the infrastructure build-out that occurred only 15 years ago and then placed on care and maintenance. The mill and equipment are generally in good working order and North Bay is now completing the final tunnel rehabilitation before reaching the most productive area that was be- ing mined at the time the mine closed in 1942 (due to Limitation Order #208, curtailing non-essential in- dustry to promote WWII production). The previous operator, Brush Creek Mining and Development Com- pany, Inc. (Brush Creek), invested $5 million in the mine during the 1990s, at a time when the price of gold was falling to $250 per ounce, causing Brush Creek to fold and go out of business.


The Ruby Mine is an underground placer and lode mine, including past producing mines on the project, with total production of 250,000 ounces of gold since the 1850s. The most productive mining occurred near the time of the closure in 1942 by C.L. Best, the co-founder of Caterpillar Tractor. Best drifted into an ancestral Yuba River buried gravels, laid down about 400 million years ago. These ancient riverbeds were exposed in the bluffs, now high above the present day Yuba River. The mine produced 58,000 ounces from 1936 to 1942, ending in the richest gravels. The Ruby may be the largest producing channel mines in modern times, producing coarse and jewelers- grade gold and nuggets.


Brush did a Build-Out but failed to fix the tunnel where the prolific Main Gold still lays!

Perry snatched this Famous Gem up like he did on all of our other properties.


Billions and Billions of $$$$$ are awaiting NBRI for years to come!

http://www.northbayresources.com/BeaconRockResearchReport.pdf