North Bay Resources CEO Jarad Lazerson joined Steve Darling from Proactive to share news of multiple high-grade gold assays from the company’s Fran Gold Project. The samples were taken from the primary area of gold mineralization within the Bullion Alley Zone, particularly around Trenches B and C. Lazerson reported that these assays have returned remarkable results, with multiple samples showing gold concentrations in excess of 1 ounce per ton, and some even reaching up to 2.2 ounces per ton. This suggests the presence of a larger high-grade area of near-surface mineralization.
The central area of the Bullion Alley Zone has been identified as the richest part of this region, a conclusion supported by both recent and historical sampling and drilling. Notably, over 50,000 feet of diamond drilling across 104 holes have contributed to this extensive dataset. The gold deposit has been delineated from the surface, stretching 3,700 feet in length, with a width of up to 120 feet and a depth exceeding 700 feet.
The B and C Sub-Zones, which were re-established during the Spring 2024 exploration program, have become the focal point of ongoing development efforts. A surface bulk sample of 5,000 tons has been outlined within this larger gold deposit, and mill and metallurgical testing are currently underway. These promising developments underscore the potential for significant gold production at the Fran Gold Project.
