North Bay Resources Inc. (OTC:NBRI) CEO Jared Lazerson takes Proactive’s Stephen Gunnion through the swift progress the company has made at the newly acquired Mt Vernon gold mine in Sierra County, California.
Lazerson shared insights into the acquisition’s primary reason – the completion of initial infrastructure and permitting, which allowed immediate start-up activities. Exploration efforts have finalized mining blocks, and the arrival of the mining contractor has set things in motion. Lazerson explained the straightforward mining process, detailing the gold’s location and the ongoing sample analysis for optimal extraction methods.
Lazerson highlighted the promising results from detailed sampling over 150ft of the mineralized zone, which has revealed high-grade gold. The company’s focus on panel mining aims to maximize efficiency and minimize dilution, crucial for the project’s success. As the project advances, Lazerson outlined the final steps needed, including regulatory inspections and commencing milling operations, supported by the metallurgy lab’s expertise.