Wednesday, October 23, 2013 5:37:33 PM
Well, my calculations were off by quite a bit. One more reason to always use a calculator instead of my noggin! But still, if the 500,000 oz potential production number is right at the current $1340 per oz price, that translates to $675,000,000 potential (using a calculator) minimum...remembering that one of the current nuggets found was jeweler's grade valued at double spot price or $2680 oz. It will be quite interesting to see what this mine will produce and at what grade. Irregardless, the upside potential here is enormous....and that is just based solely on the Ruby property. Looking forward to the long term future here!!!
Recent NBRI News
- North Bay Resources Announces Acquisition of Bendito Resources • ACCESS Newswire • 03/26/2026 01:00:00 PM
- 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
