Replies to post #52098 on North Bay Resources Inc (NBRI)

[Spanky227]

Details details,

Mt. Washington can truly be a big part of our future. However NBRI will most likely sign a JV with someone and take a portion of the profits.

I prefer to talk about income generating properties now and soon next year.

1) Ruby mine in the sampling phase right now and our first results could be hours away. Great weather continues at the mine so there is nothing in our way to slow us down. This is a big step for NBRI and shows that we can do the job.

2) Fraser mine in BC waiting on one final decision from BC government to see if we can use the access road to get to the mine or if we will have to move the equipment in via another route. All indications are that this will be completely ready to mine as soon as the spring thaw comes.

3) Monte Cristo
Been awhile since we got another update on this rich property here is the last one.

SKIPPACK, PA--(Marketwire - Mar 14, 2012) - North Bay Resources Inc. (OTCBB: NBRI) ("North Bay" or the "Company") is pleased to report that samples of black sand concentrate from our Monte Cristo JV project in the Lillooet River Valley near Harrison Lake, British Columbia, have returned concentrate assay values as high as 114 grams (3.66 ounces) per tonne gold and 65 grams (2.09) per tonne silver.
On February 14, 2012, our JV partner, Devlin's Bench Mining Ltd and P. Wright Contracting Ltd ("PWC") began an exploration and sampling program on the Monte Cristo property under the supervision of Ms. Agathe Bernard, B.Sc.. The initial goal of the work program was to verify the presence of submicron size metals in the sand material along the Lillooet River, which was previously indicated by work conducted in 1970 by G.L. Kirwin, B.Sc., and J.M. Ashton, P.Eng., as documented in BC Assessment Report 2589. Instead, as previously reported on February 22, 2012, the crew unexpectedly found an abundance of visible gold, with some particles as large as one millimeter.
In her initial report from the field, Ms. Bernard stated, "The first round of soil sampling was exceptionally promising, showing visible gold flakes in 10 out of 17 samples collected. Most of the samples consisted of 60-90% fine to medium grained dark gray sand, with 10-30% sub angular light gray fine gravel. Most of the darker fraction correlated with high magnetite concentration, which is a favorable indication for gold accumulation at the site and is almost invariably present in placer gold deposits."