MDF Global MDF Global
Apple’s iPhone boom highlights critical minerals powering smartphones•Presenting a united front for Queensland’s copper sector•Thailand seeks Myanmar mine access amid arsenic pollution•Egypt to set up state-backed company to license artisanal gold miners, free detainees•Brixton closes $7.4 million raise for Thorn, Langis projects•Heliostar banks record $78.7 million for Ana Paula push•Mining giants bet billions on 2030 supply crunch•Gunnison Copper reports Q3 output, revenue surge•Triumph Gold targets $15.46 million for Yukon push•African Rainbow Minerals faces a jobs dispute at Nkomati mine•Angola seeks 10% stake in De Beers under Anglo’s proposed exit•Gold price rebounds but heads for biggest weekly loss since June•Teck copper strike reaches BC port as operator sues union•Copper benchmark rocked by miner-smelter tug-of-war•Zimbabwe mining bill targets community, environmental safeguards•Mount Isa critical minerals hub secures Feasibility Study funding•Eramet initiates $814.5 million capital raise to reduce debt•Richemont backs natural gemstones, declines De Beers comment•‘Tis the season for administration as Comlek falls a second time•OceanaGold Philippines trials wireless blasting at Didipio mine Apple’s iPhone boom highlights critical minerals powering smartphones•Presenting a united front for Queensland’s copper sector•Thailand seeks Myanmar mine access amid arsenic pollution•Egypt to set up state-backed company to license artisanal gold miners, free detainees•Brixton closes $7.4 million raise for Thorn, Langis projects•Heliostar banks record $78.7 million for Ana Paula push•Mining giants bet billions on 2030 supply crunch•Gunnison Copper reports Q3 output, revenue surge•Triumph Gold targets $15.46 million for Yukon push•African Rainbow Minerals faces a jobs dispute at Nkomati mine•Angola seeks 10% stake in De Beers under Anglo’s proposed exit•Gold price rebounds but heads for biggest weekly loss since June•Teck copper strike reaches BC port as operator sues union•Copper benchmark rocked by miner-smelter tug-of-war•Zimbabwe mining bill targets community, environmental safeguards•Mount Isa critical minerals hub secures Feasibility Study funding•Eramet initiates $814.5 million capital raise to reduce debt•Richemont backs natural gemstones, declines De Beers comment•‘Tis the season for administration as Comlek falls a second time•OceanaGold Philippines trials wireless blasting at Didipio mine

North Bay unveils Fran’s gold assays

North Bay Resources (OTC:NBRI) reports assays of 0.4 to more than 2.9 ounces per tonne of gold from the Fran Gold Project in British Columbia. 

Four samples of 5 pounds were taken from alternating supersacks, as part of a 20 tonne test shipment, and assayed by ALS Global in North Vancouver using fire assay method. 

North Bay says the massive sulphide surface zone is between trenches of prior known high-grade gold mineralisation in trench B and C to the west and east, respectively, with grade increasing at depth. 

The ore contains gold, copper, and silver mineralisation primarily in the form of chalcopyrite, marcasite, and galena. The massive sulphide ore is grey in colour, blocky when broken with visual mineralisation, veinlets and sheeting. 

The Fran Project, covering 34,260 acres, is located 20 miles from the 60,000 tonnes per day Mt Milligan Copper-Gold Mine in Canada. 

North Bay Resources is a gold-focused company that owns and operates the 96 tonnes per day Bishop Gold Mill in California and the Fran, Murex, Copper Island and Tulameen projects. 

Write to Aaliyah Rogan at Mining.com.au   

Images: North Bay Resources
Add to Watch List:
Author Image
Written By Aaliyah Rogan
Originally from New Zealand, Aaliyah brings several years of experience covering the resources sector, with a focus on companies, commodities and global mining markets. Her reporting has spanned European markets and the evolving global mining landscape, with a focus on the stories and market forces driving change across the sector.