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North Bay Resources Announces Exploration at Murex Copper; Targets Historic Drill Holes up to 16m @ 6.1g/t Gold and Surface Samples up to >100g/t Gold
North Bay Resources Announces Exploration at Murex Copper; Targets Historic Drill Holes up to 16m @ 6.1g/t Gold and Surface Samples up to >100g/t Gold.
About this update from North Bay Resources, Inc.
[{"type":"text","content":"\n SKIPPACK, Pa., March 13, 2024 (GLOBE NEWSWIRE) -- North Bay Resources Inc. (the “Company” or “North Bay”) (OTC: NBRI) is pleased to announce data compilation and exploration planning is nearing completion for its wholly owned Murex Copper project. Mobilization for exploration has commenced. Initial exploration will involve the updating of road and trail maps, identification of locations and landmarks using modern mapping techniques, including identification of previous surface sampling and drill collar locations at the Murex Breccia. Geochemical sampling, geophysics and geological mapping is expected to commence in earnest in April 2024 and continue throughout the Summer. The Company aims to further delineate the mineralized zones and begin the process of bringing the project compliant with modern exploration standards. Extensive historical exploration by Standard Oil in the 1970’s and Noranda (Glencore), in the 1980’s, has provided a wealth of detailed data and information. The project is viewed as a transitional deposit containing significant copper-gold deposits across multiple zones and geological types, both large scale breccia and copper and gold bearing veins. Multiple drill sections of both high grade vein type copper and low grade, mass tonnage copper are known, up to 9% copper and continuous mineralized drill sections up to 120m @ 60 degrees, respectively (see press release dated March 6, 2024). Large intersections of gold in drill core up to 16m @ 6.1g/t gold have also been identified. In addition, historical surface samples from these zones are provided below showing significant gold and copper assays over large areas. This is separate and in addition to gold assays in the Northwest of the property where samples up to 60g/t gold were discovered in the Fall of 2023 (see Press Release dated March 6, 2024) confirming high grade gold in multiple zones as reported by previous operators. Historical Geochemical Sampling Although completed by qualified Geologists and Engineers of their day, historic results are not NI 43-101 compliant. 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 s...