North Bay Resources Inc. (PINKSHEETS: NBRI) today announced that the company has agreed to terms on an earn-in joint-venture of its Bouleau Creek Gold property with Natco Mining Corporation. The Natco Mining Corporation is a private mining company based in Ontario, Canada.

The press release is quoted as saying:

The Southern zone of the property below Bouleau Creek features gold and silver mineralization over an area of approximately 1,000 by 600 metres. Assays documented in Assessment Report 21877 are reported to yield up to 34 grams (1.09 ounces) per tonne gold and 286 grams (9.19 ounces) per tonne silver. The Northern Zone above Bouleau Creek includes the Siwash prospect (MINFILE 082LSW046), which extends over an area of gold and silver mineralization measuring 3,000 by 750 metres. Assays in the Northern Zone are documented in Assessment Report 20226 to yield up to 5.55 grams per tonne gold and 16.6 grams per tonne silver.

Click here to access the entire press release

Click here to access North Bay Resources Corporate Site

Comment

Tweet