Proactive - Interviews for investors

North Bay Resources ships gold concentrate as mill optimization advances

Episode Summary

North Bay Resources has reached a key milestone in its gold production efforts, successfully completing a test shipment of 327 lbs. of gold concentrate from the Bishop Gold Mill to Just Refiners in Reno, NV. CEO Jared Lazerson shared the update with Steve Darling from Proactive, emphasizing the company’s progress in optimizing mill operations and enhancing gold recovery from its Fran Gold Property. The February ore processing runs yielded approximately 2.44 troy ounces of contained gold from 10 tons of ore, equating to a recovered gold grade of 0.24 ounces per ton. Additionally, 0.1 ounces of contained gold remains in low-grade concentrate at the mill. Current estimates place overall recovery at 50%, with gravity-recoverable gold recovery at 70%. Metallurgical testing suggests that up to 67% gravity recovery can be achieved, with an additional 30% recoverable through flotation. To further enhance recovery rates, North Bay Resources is bringing its flotation circuit online, targeting very fine gold and gold in quartz that is not efficiently captured by existing gravity separation methods. This upgrade is expected to boost overall gold recovery by up to 30% as the company continues to refine its extraction process. With ongoing improvements to both its gravity and flotation circuits, North Bay Resources is poised to significantly enhance gold recovery and production efficiency at the Bishop Gold Mill, marking an important step in its broader operational strategy. #proactiveinvestors #northbayresourcesinc #otc #nbri #PlatinumConcentrate #NorthBayResources #MiningNews #CaliforniaGold #JaredLazerson #GoldRush #ProactiveInvestors #PreciousMetals #MiningUpdates ---#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews