SKIPPACK, PA — North Bay Resources Inc. (OTC: NBRI) has recently revealed previously undisclosed assays from its wholly-owned Murex Copper Project, formerly known as Mt. Washington. The announcement signals promising developments for the company’s exploration efforts and could bolster the project’s potential value.
In the fall of 2023, North Bay Resources undertook geochemical and geological mapping in the northern part of the property. The exploration produced significant results, with assays revealing gold, silver, copper, and zinc presence in several samples. Notably, sample #H619241 showed an impressive 60.3g/t gold and 141g/t silver among other elements. However, two of the samples were found to be outside the mineralized zone.
The assays were conducted on six rock chip samples from the Lupus and Lakeview Zones. The geochemical analysis was carried out at ALS Chemex Labs in North Vancouver, B.C., using various methods, including ME-MS61 and Au-AA25.
The Murex Copper Project has a rich history of exploration dating back to 1957, with operations run by several entities, including Noranda, now Glencore. The property’s central part houses the Murex breccia zones, believed to be a collapsed volcanic dome structure interspersed with shallow-dipping thrust faults. These are cut by steeply dipping faults associated with polymetallic sulphide mineralization bearing copper, silver, gold, arsenic, antimony, molybdenum, and tellurium.
Historic exploration identified a 700m X 700m area, the D Zone, along with the A Zone and E Zone, two breccia zones within a 1,200m X 3,000m area. It’s worth noting that while these historic results were completed by qualified geologists and engineers, they are not NI-43101 compliant.
Past exploration has yielded significant drill intercepts, including Hole 74-2, which showed 46.5m @ 0.53% copper, 0.17g/t gold, and 7.2g/t silver from 9.1m to 55.6m. Surface sampling at the Murex zones has also revealed grades up to 9% copper and over 100g/t gold.
North Bay Resources’ exploration efforts extend beyond the Murex Copper Project. The company has also completed exploration at the Copper Bell Zone of the Copper Island Project. Summer 2023 exploration there resulted in assays up to 14.7% copper, with geological mapping and assays now pending.
These recent developments underscore North Bay Resources’ commitment to thorough exploration and its potential for significant mineral discoveries. With the promising assays from the Murex Copper Project and the ongoing work at the Copper Island Project, the company continues to position itself well within the mining sector.
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