Replies to post #23912 on North Bay Resources Inc (NBRI)

[Bruce the Stock Guy]

NBRI-I wrote Mr Leopold a note and here is his reply..>>>>>>>>>>>Hey Bruce.Thanks for the email.

The last operator, Brush Creek Mining, planned on drilling the Wolf
Vein. The Wolf is a quartz vein on the Ruby property known to
contain high-grade gold, but they ran out of money when the price of
gold crashed in the 90's, and they were unable to continue.

Where drilling is concerned, the important thing to understand is the
difference between a placer deposit and a lode deposit. A placer
deposit follows the course of a river or creek, or in our case, an
ancient river buried in lava when the Sierra-Nevada mountains were
formed. It is therefore essentially horizontal. A lode deposit
extends down into the earth, and is therefore essentially vertical,
depending on the angle of the dip.

The Ruby channels are buried placer deposits, and thus extend
horizontally into the mountain. Drilling the underground channels
from the surface is a complete waste of time and money. The only way
to drill them is to actually start mining the channels and following
the ancient riverbed. Fortunately there is a well-established record
of production not only at the Ruby but also from the surrounding
district. These tertiary channels have produced an average of
100,000 ounces of gold for every mile of channel mined for the past
150 years. We have approximately 5 miles of channel remaining to be
mined at the Ruby, perhaps more if our seismic survey later this year
reveals additional buried channels that were previously
undetected. We are quite comfortable with the premise that the Ruby
channels will produce the same if not more than the historical
average in the district from similar deposits.

The Wolf Vein, on the other hand, is a quartz lode deposit that
extends vertically into the earth. That is precisely why you drill
-- to not only assess the grade and continuity, but to see how deep
it extends. If it is too shallow, it's not worth the effort to
mine. The Wolf Vein is said to be similar to the nearby 16-to-1
vein, which runs very deep into the earth. That is likely why Brush
Creek wanted to drill it, as it has the potential to vastly expand
the number of ounces of gold the Ruby is capable of producing. We
will get to it when the time comes, but not until we begin mining the
existing channels that are already mapped out and ready to be mined
now. Drilling is expensive, and our plan is to allocate a portion of
the revenue from mining towards further development of the resource,
which includes drilling the Wolf Vein.

Hope this helps.

All the best,

* P *

Perry Leopold, CEO
North Bay Resources Inc.
[e-mail]
http://www.northbayresources.com

[Bruce the Stock Guy]

The gold is there<<<NBRI-It sure is! Credibility? Missing..

[Bruce the Stock Guy]

We have a PROVEN MINE with additional channels yet to explore<<<<NBRI..Mr Leopold hired an expert to handle things at the Ruby..Wont be long now! Mining experts posting on message boards? Nope lol