North Bay Resources Inc (NBRI)

[Cee-It]

Find just one credible geologist that would waste their time and money drilling down into river beds to try to prove the reserves when the mine shaft that leads to the river bed channels is already there and the river channels are accessible.

That's the fact you've not recognized. Decisions to comply with traditional approaches to exploration of lands without existing mine tunnels are totally different than when the tunnels are there.

Also, the extra costs for placer deep mining versus near surface are the costs of those tunnels to get access to the richer deposits. Those costs are already behind us. Not too many people have been panning down inside tunnels; placer mining in surface areas is generally processing some soils that have already been tossed by earlier searches.