North Bay Resources Inc. ("North Bay" or the "Company") has issued the following brief update on the status of operations at the Ruby Gold Project.
The Company is currently targeting the end of April as the timeframe in which operations are expected to resume at the Ruby Mine. Weekly road checks indicate that the snow pack at the 5,000 foot elevation has slowly begun to recede. We expect the roads to be clear enough by late April to allow the crew to access the property again, at which point we will announce the startup date for when the rehabilitation work in the Ruby Tunnel will resume.
In other news, and as reported in our last Ruby update on January 3, 2013, we have engaged the services of Mr. Randy Henkle, P.Geo, of Henkle & Associates, to assist in updating the Ruby maps of known resources. This work began last December, and after several months of thorough research and painstaking evaluation of all known data on the Ruby, Mr. Henkle has successfully updated the underground resource maps of several key locations within the Ruby Mine in considerable detail. The results of his work have been compiled into an initial NI 43-101 Technical Report and Resource Estimate on the Ruby Mine. This report is now being finalized, and will be released shortly.
About The Ruby Gold Project
The Ruby Mine, a/k/a the Ruby Gold Project, is a fully-permitted underground placer and lode mine located near Downieville in Sierra County, California that is known to have produced over 350,000 ounces of gold since the 1850's, and which is considered to be part of the northern extension of the historic Mother Lode system. The Ruby Property covers approximately 1,755 acres, consisting of the subsurface mineral rights of two patented claims totaling approximately 435 acres and 30 unpatented claims containing approximately 1,320 acres. The equipment, fixed assets, and infrastructure in place include a 1,000 yard per day placer wash plant, 50-ton per day quartz mill, 6,000 feet of tracked haulage, and related support equipment needed for underground mining operations. The property also features an excellent system of roads, is accessible via paved highway from Reno or Sacramento, has abundant water and timber available for mining purposes, and has PG&E power available on-site. For further information about the Ruby Mine, please visit the Ruby page on the North Bay website at http://www.northbayresources.com/ruby/.