SKIPPACK, Pa., March 06, 2024 (GLOBE NEWSWIRE) -- North Bay Resources Inc. (the "Company" or "North Bay") (OTC: NBRI) is pleased to announce previously unreleased assays (with the exception of sample H619241) at its wholly owned Murex Copper Project (formerly Mt. Washington).
Fall 2023 Exploration consisted of geochemical and geological mapping in the North of the property, yielding the following assays:
H619230 22.2g/t gold, 48.0g/t silver, 0.63% copper, 8.11% zinc
H619231 5.11g/t gold, 24.4 silver, 0.93% copper, 0.42% zinc
H619232 1.18g/t gold, 71.8g/t silver, 3.12% copper, 0.27% zinc
H619241 60.3g/t gold, 141g/t silver, 0.62% copper, 6.76% zinc
H619233 and H619234 were outside the mineralized zone
Fall 2023 Exploration consisted of 6 rock chip samples covering the Lupus and Lakeview Zones. Rock chip sampling consisted of geochemical analysis at ALS Chemex Labs, North Vancouver, B.C. ALS method ME-MS61, ME-OG62, Cu-OG62, Zn-OG62, PGM-MS23, As-OG62, and Au-AA25.
Historic Exploration
Although completed by qualified Geologists and Engineers, historic results are not NI-43101 compliant.
In addition, to the gold and polymetallic zones in the North of the property, the Murex breccia zones are located in the central part of the property and are interpreted as a collapsed volcanic dome structure with shallow-dipping thrust faults cut by steeply dipping faults associated with polymetallic Cu-Ag-Au-As-Sb-Mo-Te bearing sulphide mineralization. Historic work identified a 700m X 700m area, the D Zone, along with the A Zone and E Zone, two breccia zones within a 1,200m X 3,000m area.
The property has been systematically explored, since 1957, by various operators including Noranda, now Glencore. Extensive previous exploration has occurred with the following significant drill intercepts:
Hole 69-10
82.3m @ 0.20% copper, 0.015% molybdenum and 3.3 g/t silver from surface to 82.3m
Hole 69-14
27m @ 0.22% copper, 0.005% molybdenum and 3.4 g/t silver from surface to 27.4m
Hole 73-3, assayed for copper only
120.2m @ 0.24% copper from 3.2m to 123m
Hole 73-6, assayed for copper only
60.3m @ 0.20% copper from 2.6m to 62.9m
Hole 74-2
46.5m @ 0.53% copper, 0.17g/t gold and 7.2g/t silver from 9.1m to 55.6m and
30.0 m @ 0.245% copper, 0.003g/t gold and 4.1g/t silver from 62.9m to 89.9m
Hole 74-3
57.1m @ 0.058% copper, 0.73g/t gold and 2.1g/t silver from 0m to 57.2m
Hole 86-1
16.0m @ 6.1 g/t gold, 4.2g/t silver and 0.17% copper from 1.5m to 17.5m
Hole 86-7
19.8m @ 0.22g/t gold, 9.9g/t silver and 1.5% copper from 29.4m to 49.2m and
6.8m @ 0.38 g/t gold, 21 g/t silver and 3.3% copper from 55.5m to 62.3m
Hole 86-1
16.0m @ 6.1g/t gold, 4.2g/t silver and 0.17% copper
Hole 88-19
16.0m @ 6.1g/t gold, 4.2g/t silver and 0.17% copper
There has been extensive trenching and surface sampling at the Murex zones grading up to 9% copper and over 100g/t gold.
Copper Island Project
The Company has completed exploration at the Copper Bell Zone where Summer 2023 Exploration resulted in assays up to 14.7% copper (see Press Release dated February 16th, 2024). Geological mapping and assays are now pending.
Qualified Person
Andris Kikauka (P.Geo) is a Qualified Person in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects, and has reviewed and approved the scientific and technical content of this news release.
On behalf of the Board of Directors of
NORTH BAY RESOURCES INC.
Jared Lazerson
CEO
jared@northbay-resources.com
northbay-resources.com
215-661-1100
This news release may contain certain "Forward-Looking Statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws.
