North Bay Resources Inc (NBRI)

[Spanky227]

That's a tough question. Bulk sampling generally is enough material to get a good idea what the formation will deliver when mined. The block we are sampling in the white channel is 24,000 tons. If they are going to sample 2% of the formation that would be 480 tons.

Or another way to put it would be 320-330 full ore carts. Since they are doing this for the first time ever growing pains and gremlins will pop up. Let's say they average 5 ore carts per hour the first week and 1 additional cart per hour week 2.

Week 1 - 200 carts days 1-5 40 per day
Day 6 - 48 total 248
Day 7 - 48 total 296
Day 8 - 48 total 344

So if this is at all accurate we could get these results mid to end of next week.

I have no idea if this is what is going on. We could be far ahead of this schedule or far behind due to those gremlins that always pop up during transitions. Or we could not have started the sampling at all.

Whatever day we get those first sampling results will be a big day for NBRI. If you assume a poor .05oz/ton we will get 24 ounces from this. Typically we could get .2oz/ton which would be 96 ounces. Another scenario is we trip over one of those 500 ounce gold potato patches and finally get some good luck.