North Bay Resources forms 50/50 JV on Nevada’s Silver Strike, starts exploration at historic mines

North Bay Resources CEO Jared Lazerson joined Steve Darling from Proactive to announce the company has entered into a 50/50 joint venture earn-in agreement with Toiyabe Kona Exploration to advance the Silver Strike Concessions in Lander County, Nevada. The property includes several historic past-producing mines, including the X-Ray Mine, OK Mine, and Dudley-B Shaft, as well as multiple nearby workings. Lazerson noted that while the Reese River District produced significant silver during its initial operating period between 1865 and 1891, the area has not undergone systematic modern exploration or development. This lack of recent exploration creates a compelling opportunity to re-examine the district’s potential using modern geological methods and technology. The company’s immediate exploration priorities include identifying remaining mid- and high-grade mineralization in surface dykes, extensions, and at depth of known veins. To targeting new vein discoveries within the prolific district, and evaluating bulk-tonnage, low-grade material across the area, including within existing mines and adits. The company says any ore identified during early-stage work will be shipped to North Bay’s Bishop, California mill for processing. Lazerson confirmed that field crews will mobilize as early as next week to begin geochemical sampling of dumps, outcrops, and tunnels, along with geological mapping and an infrastructure assessment of existing portals, tunnels, and shafts. A property-wide geophysical survey is expected to commence shortly thereafter, as North Bay continues to actively expand its claim holdings in the area. #proactiveinvestors #northbayresourcesinc #otc #nbri #PlatinumConcentrate #NorthBayResources #MiningNews #CaliforniaGold #JaredLazerson #GoldRush #ProactiveInvestors #PreciousMetals #MiningUpdates ---#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews