North Bay Resources reports high-grade gold assay and expands development at Fran Gold project

North Bay Resources CEO Jared Lazerson joined Steve Darling from Proactive to announce a new assay result of 0.5 ounces per ton (14 g/t) gold from a massive sulphide outcrop located near Trench B at the company’s Fran Gold Project in British Columbia. The gold-bearing zone—measuring approximately 30 meters north-south by 40 meters east-west with a depth exceeding 4 meters—adds further support to the project’s bulk tonnage potential. The 5-pound sample was processed by fire assay with atomic absorption at ALS Global in North Vancouver. Lazerson stated that, following the recent identification of a significant bulk tonnage gold deposit and its corresponding resource estimate, the company is moving forward with a dual-track development strategy. This includes using high-grade surface oxide material as feedstock for its Bishop Gold Mill, while also advancing exploration in the infill area between the Main Bullion Alley Zone, East Zone, and the re-established Hilltop (South) Zone. To support the project’s next stage, North Bay has begun consulting with a mine engineering firm to evaluate the detailed economics, mine planning, and construction for the bulk tonnage deposit. Lazerson pointed out that comparable mining costs at the nearby Blackwater Gold Mine are around $9 per tonne processed, while the Fran deposit hosts approximately 20 million tonnes grading 0.5 g/t Au (valued at $54/tonne) and 44 million tonnes at 0.3 g/t Au ($32/tonne), underscoring promising economics. The company sees this dual approach as a pathway to near-term production while continuing to expand and de-risk the Fran Gold Project through targeted exploration. #proactiveinvestors #northbayresourcesinc #otc #nbri #PlatinumConcentrate #NorthBayResources #MiningNews #CaliforniaGold #JaredLazerson #GoldRush #ProactiveInvestors #PreciousMetals #MiningUpdates ---#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews #PreciousMetals #BulkSampling #DualTrackStrategy #GoldProduction