InvestorsHub Logo
Followers 57
Posts 9765
Boards Moderated 0
Alias Born 10/17/2012

Re: None

Thursday, 11/07/2013 8:16:42 AM

Thursday, November 07, 2013 8:16:42 AM

Post# of 1656
NBRI news!

North Bay Resources Inc. (NBRI): Key Permit Issued; Update on Mining Operations at Ruby Mine

North Bay Resources Inc. (NBRI): Key Permit Issued; Update on Mining Operations at Ruby Mine
SKIPPACK, PA--(Marketwired - Nov 7, 2013) - North Bay Resources Inc. (OTCQB: NBRI) ("North Bay" or the "Company") is very pleased to report that our wholly-owned subsidiary, Ruby Gold, Inc., has received notification from the federal Bureau of Alcohol, Tobacco, Firearms and Explosives ("ATF") that an ATF explosives permit has been issued for the Ruby Mine.

The Company also reports that a licensed blasting contractor has been engaged to facilitate operations. Accordingly, with all required regulatory approvals now in place, the Company is pleased to announce that underground mining operations to conduct test mining and bulk sampling in the White Channel will resume the week of November 11, 2013.

The next phase of work, which had been delayed while the explosives permit was still pending, will entail blasting to widen the accessway into the White Channel to better facilitate the movement of equipment and supplies. This task is expected to take approximately one to two weeks to complete, at which point extraction and processing will commence.

The Company will issue additional updates as the work progresses and the results of the initial bulk sampling are compiled.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.