Wednesday, October 23, 2013 6:57:00 PM
Phatlander,
As rich as the Ruby could be it may not end up in the top 3 properties we currently have.
Mt Washington could be 5X Ruby:
http://www.northbayresources.com/mw43101.pdf
Still a few years to go before we will know what we have there.
Tulameen may even be bigger than Mt. Washington:
http://www.marketwired.com/press-release/north-bay-resources-inc-nbri-reports-on-2013-field-work-tulameen-platinum-project-potential-otcqb-nbri-1811523.htm
Tulameen has 15 million tons of this stuff besides tons of PM.
Olivine is used in foundries, refractories, sand blasting, soil conditioning and heat storage units, and sells for $50 to $100 per ton, depending on the grade. More importantly, and of great interest to the Company, the olivine mineralization derived from the dunites is known to a have potential application as raw feed for mineral CO2 sequestration to help moderate global warming by slowing the growth of carbon emissions in the atmosphere. In the global carbon market, each ton of carbon sequestered is called a carbon credit. Using sequestration, companies can buy or generate these credits, which are then sold or traded by companies to offset their own carbon dioxide (CO2) emissions. The Company continues to research this potential new opportunity to take advantage of the carbon credit market, and will report further findings and developments as we proceed forward.
As rich as the Ruby could be it may not end up in the top 3 properties we currently have.
Mt Washington could be 5X Ruby:
http://www.northbayresources.com/mw43101.pdf
Still a few years to go before we will know what we have there.
Tulameen may even be bigger than Mt. Washington:
http://www.marketwired.com/press-release/north-bay-resources-inc-nbri-reports-on-2013-field-work-tulameen-platinum-project-potential-otcqb-nbri-1811523.htm
Tulameen has 15 million tons of this stuff besides tons of PM.
Olivine is used in foundries, refractories, sand blasting, soil conditioning and heat storage units, and sells for $50 to $100 per ton, depending on the grade. More importantly, and of great interest to the Company, the olivine mineralization derived from the dunites is known to a have potential application as raw feed for mineral CO2 sequestration to help moderate global warming by slowing the growth of carbon emissions in the atmosphere. In the global carbon market, each ton of carbon sequestered is called a carbon credit. Using sequestration, companies can buy or generate these credits, which are then sold or traded by companies to offset their own carbon dioxide (CO2) emissions. The Company continues to research this potential new opportunity to take advantage of the carbon credit market, and will report further findings and developments as we proceed forward.
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
