Jared Lazerson
Chief Executive Officer
Mr. Lazerson has been involved in the mineral exploration and technology industries for 25 years. In 2018, Mr. Lazerson accepted the Standard & Poors Global – Platts Metals Award for Leadership in Base and Specialty Metals on behalf of MGX Minerals as its CEO.
As CEO, Mr. Lazerson oversaw the financing of $60M in direct lithium extraction (DLE) and zinc-air battery technologies as well as exploration for magnesium, silicon, and gold including the discovery of the 8.1Mt Measured + Indicated Driftwood Creek Magnesite deposit with an in situ value of approximately $1.8B.
In addition, Mr Lazerson has been involved in diamond exploration while CEO of Margaret Lake Diamonds and a Director of Arctic Star Exploration and lithium exploration while at MGX and as a Director of Far Resources (now Foremost Lithium). Mr. Lazerson holds a BA in International Relations from the University of Pennsylvania.
Jared Lazerson Brings Over 25 Years of Mining Expertise To North Bay Resources’ New Gold Venture.
With 25 years of experience in the mining industry, Jared Lazerson has solidified his reputation as an innovator and leader. His journey, marked by significant achievements and industry recognition, showcases his dedication, foresight, and unique management styles, which continue to drive his success and that of North Bay Resources.
This innovator’s career in this mining began in the mid-90s and by 2014, he had taken his first company public. His early work was rooted in land prospecting, the significant phase of mineral exploration where potential mining sites are identified and assessed. This background in exploration has remained central to his professional identity, fueling his passion for being out in the field and discovering new opportunities.
Jared Lazerson had a pivotal moment in his career when he co-invented direct lithium extraction technology, which uses advanced filtration methods to extract lithium from brine, particularly oil and gas wastewater. This groundbreaking work earned him the S&P Gold Platts Metals Leadership Award in 2018. His innovation did not stop right there; he also developed technologies for zinc-air batteries, water purification, and gasification, reflecting his broad expertise in both mining and clean energy technologies.
Over the years, Mr. Lazerson has held leadership positions in several public companies. He successfully raised over $50 million for one of his previous companies and oversaw numerous strategic investments and acquisitions. His tenure at these companies highlights his ability to navigate complex markets and drive substantial growth.
In February 2024, Mr. Lazerson took over as CEO of North Bay Resources Inc., a company with gold and copper mineral concessions in British Columbia. His strategic vision quickly became evident when, within just two months, North Bay acquired a key processing mill in California and an advanced, high-grade gold property to provide feedstock to the mill. This acquisition was a testament to Mr. Lazerson’s deep industry connections and reputation, which allowed him to secure the mill.
After almost ‘retiring’ in 2018, Mr. Lazerson was drawn back to the mining industry by the booming global market. By 2023, he had shifted his focus to gold, betting heavily on its potential. His timely investments and strategic acquisitions, including high-grade properties, positioned North Bay for significant growth. Mr. Lazerson’s knack for anticipating market trends has consistently placed him ahead of the curve, allowing him to capitalize on emerging opportunities.
He left Vancouver over a year ago. Living on 50 acres in the Discovery Islands of British Columbia, Mr. Lazerson balances the high demands of his career with a fulfilling personal life. “It’s a much different life than most CEOs but lends itself well to mining and industry. Being in the woods and having to do everything by hand, breeds a strong independent spirit,” he shares. He values the ability to manage stress through outdoor activities like hiking and fishing, a lifestyle that complements his work in the mining industry. His approach to life and work is pragmatic and grounded, reflecting the close to the Earth nature of the mining community.
Mr. Lazerson’s management style is characterized by transparency, straightforwardness, and a hands-on approach. He believes in solving problems directly rather than adding layers of personnel. This lean management structure, combined with a small but effective leadership team, allows North Bay to remain agile and efficient. His dedication to maintaining low overhead costs ensures that every dollar is wisely spent, maximizing returns for shareholders.
His personal traits align seamlessly with the demands of the mining industry. Jared Lazerson’s love for the physical aspects of mining, such as fieldwork and exploration, complements his strategic and financial acumen. He thrives in the high-stress environment of mining, balancing intense work periods with outdoor activities like fishing and hiking. This balance not only sustains his energy and focus but also keeps him grounded in the practical realities of the industry.
Under Mr. Lazerson’s leadership, North Bay Resources, is poised for continued success. The company is on track to begin pouring gold bars and cash flow by the fourth quarter of 2024, a milestone that reflects the effectiveness of its strategic initiatives. His ability to leverage his mining and finance network, coupled with his deep industry knowledge, positions North Bay to capitalize on undervalued, production, and near-production assets in the gold sector.
Mr. Lazerson’s impact on the mining industry extends beyond his technological innovations and strategic acquisitions. His commitment to hands-on management and low-cost operations serves as a model for other mining companies. By maintaining a small, cohesive leadership team and relying on expert consultants for specific tasks, this visionary ensures that North Bay remains responsive to market changes and ahead of the game.