ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers
North Bay Resources Inc (PK)

North Bay Resources Inc (PK) (NBRI)

0.0002
0.00
(0.00%)
Closed March 04 04:00PM

Get an advanced news scanner tailored to your needs by ADVFN

Enhance your trading experience

NBRI News

Official News Only

NBRI Discussion

View Posts
mwab52 mwab52 1 week ago
Good morning (NBRI-Land)...🤑😎...Go (NBRI)
👍️ 1 🤑 1
Inves_tor Inves_tor 1 week ago
STARTS NEXT WEEK! NBRI

"expects exploration to commence on or about February 26th"

https://finance.yahoo.com/news/north-bay-resources-announces-assays-140000772.html
👍️ 1 😎 1
Huggy Bear Huggy Bear 1 week ago
Just yet another scam, mick.
👍️ 1 💩 1 🤡 1
mick mick 1 week ago
great balls of fire, $NBRI
👍️0
Chartmaster Chartmaster 1 week ago
I sticky'd today's news
👍️0
Chartmaster Chartmaster 1 week ago
That's from 6 years ago
👍️0
mick mick 1 week ago
no like 1 for 500 shares, that's a lot $NBRI
👍️0
mick mick 1 week ago
more news coming ????? anyone ????? $NBRI
👍️0
tondoorijoe tondoorijoe 2 weeks ago
nbri still has a lot of convertable debt and that doesnt change with rollback plus new ceo can reap 10% of the market cap for free the scam torch has been passed
👍️0
urge2surge urge2surge 2 weeks ago
Form 15-12G
https://www.otcmarkets.com/filing/html?id=12534885&guid=TBd-kFHqHQxjJth
👍️0
urge2surge urge2surge 2 weeks ago
Wow..talk about snookered eh?
Form 12-15G

https://www.investopedia.com/terms/s/sec-form-15-12b.asp#:~:text=This%20form%20is%20used%20when,and%20must%20register%20existing%20securities.
👍️0
urge2surge urge2surge 2 weeks ago
Roflmao Company is going private.. Lol. Shareholders screwed..

https://www.otcmarkets.com/filing/html?id=12534885&guid=TBd-kFHqHQxjJth
👍️0
urge2surge urge2surge 2 weeks ago
Outstanding...not. Hype pump for the dump. 1 for 500 coming soon! Get yours...lol..
👍️0
Chartmaster Chartmaster 2 weeks ago
North Bay Resources Announces Assays from Copper Island Project: 5.93% Cu Avg. at Pomeroy 1 Zone and 9.06% Cu Avg. at Copper Bell Zone

SKIPPACK, Pa., Feb. 22, 2024 (GLOBE NEWSWIRE) -- North Bay Resources Inc. (the “Company” or “North Bay”) (OTC: NBRI) is pleased to announce previously unreleased assays (with the exception of sample 23CIR-7) at its recently acquired Copper Island Red-Bed Copper Project, located in British Columbia, Canada (press release dated February 16th, 2024). Further, the Company has mobilized for exploration and expects exploration to commence on or about February 26th, 2024. The focus will be the Copper Bell zone (up to 14.7% Cu).

The Company reports Summer 2023 exploration consisted of 8 rock chip samples covering the Pomeroy 1 and Copper Bell zones. The confidential data (B.C. Assessment Report 41377) was recently acquired as part of the property acquisition. Rock chip sampling consisted of sequential leach for oxide, sulphide and residual geochemical analysis. Copper sequential leach (ALS method Cu-PKG06LI involving sulfuric & cyanide leach) identifies oxide, sulphide and residual copper geochemistry. A total of 8 rock samples, ranging from 0.68-1.84 kilograms in weight, of acorn sized rock chips were taken with rock hammer and moil, and placed in marked poly bags and shipped to ALS Chemex Labs Ltd, North Vancouver, BC for Prep-31 & Cu-PKG06LI sequential leach for oxide, sulphide and residual geochemical analysis (Analysis certificate VA23177512):

Pomeroy 1
23CIR-3 7.46% Cu
23CIR-4 8.48% Cu
23CIR-5 4.51% Cu
23CIR-6 3.28% Cu
Average
33 % oxide Cu,
65.4% sulphide Cu
1.6 % residual Cu (native copper)

Copper Bell
23CIR-7 14.7% Cu
23CIR-8 3.42% Cu
Average
22 % oxide Cu,
76.5 % sulphide Cu,
1.5 % residual Cu (native copper)

23CIR-1 and 23CIR-2, taken outside the mineralized zones, generated nominal results.

Historic Exploration and Development Work

Considerable previous work has been performed on the Pomeroy Group copper-silver bearing mineralization. Modern exploration began in 1952-53, when Dodge Copper carried out a detailed exploration program of trenching and diamond drilling. Dodge Copper drilled 145 holes totaling 8800 feet on various deposits. Extensive drilling and trenching of the mineralized zones was completed by Prince Stewart Mines Ltd. in 1972-74. In 2011, the claims were acquired by Copper Island Mines Ltd, and a program of geochemical sampling was carried out on the Pomeroy, Beaver and Colleen Zones. A significant portion of geochemical sampling returned >2% Cu from numerous new & historic copper-silver bearing mineral occurrences (Betmanis, 2012). There are 9 British Columbia MINFILE locations within the Project area (press release dated February 16th, 2024).

Qualified Person

Andris Kikauka (P.Geo) is a Qualified Person in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects, and has reviewed and approved the scientific and technical content of this news release.

On behalf of the Board of Directors of

NORTH BAY RESOURCES INC.

Jared Lazerson
CEO

jared@northbay-resources.com

northbay-resources.com

215-661-1100

This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws.

https://www.globenewswire.com/newsroom/ti?nf=OTA0MTQxNyM2MDgyNTA3IzIwMjc3ODg=
https://ml.globenewswire.com/media/ZjMxZDUzNjYtMzA0YS00NTI0LWI1NDMtODU2Y2I1OGNiMDk3LTEwMzg4Mzg=/tiny/North-Bay-Resources-Inc-.png

Source: North Bay Resources Inc.

© 2024 GlobeNewswire, Inc.
https://www.otcmarkets.com/stock/NBRI/news/story?e&id=2774430



North Bay Resources Announces Acquisition of Copper Island Project with Assays up to 14.7% Cu and Appointment of New CEO

SKIPPACK, Pa., Feb. 16, 2024 (GLOBE NEWSWIRE) -- North Bay Resources Inc. (the “Company” or “North Bay”) (OTC: NBRI) is pleased to announce that the Company has entered into an agreement to acquire a 100% interest in the 1056 hectare Copper Island Red-Bed Copper Project (the “Property” or the “Project”), located in British Columbia, Canada, The agreement (the “Agreement”), is between the Company and Copper Island Mines Ltd.(the “Vendor”). Recent geochemical exploration (Summer 2023) on the Property has yielded up to 14.7% Cu (B.C. Assessment Report 41377). The project is proximate to the Company’s Wolf Lake Project where recent sampling returned up to 3.12% Cu and up to 22 g/t Au.

Historic Exploration and Development Work

Considerable previous work has been performed on the Pomeroy Group copper-silver bearing mineralization. Modern exploration began in 1952-53, when Dodge Copper carried out a detailed exploration program of trenching and diamond drilling. Dodge Copper drilled 145 holes totaling 8800 feet on various deposits. Extensive drilling and trenching of the mineralized zones was completed by Prince Stewart Mines Ltd. in 1972-74. In 2011, the claims were acquired by Copper Island Mines Ltd, and a program of geochemical sampling was carried out on the Pomeroy, Beaver and Colleen Zones. A significant portion of geochemical sampling returned >2% Cu from numerous new & historic copper-silver bearing mineral occurrences (Betmanis, 2012).

Property Mineral Occurrences

Historic estimates were completed prior to NI 43-101, while completed by qualified geologists and/or engineers of their day they are historic in nature.

The following list describes historic resources of nine British Columbia Ministry of Mines, Energy, and Carbon Reduction MINFILE occurrences located within Copper Island mineral claims:

POMEROY 1:
16,500 tons @ 3.67% Cu

POMEROY 2:
PROVEN: 5,000 short tons @ 2.70% Cu
INDICATED: 17,000 tons @ 2.70% Cu

POMEROY 3+4
PROVEN: 972,400 short tons @ 1.22% Cu
INDICATED: 472,000 tons @ 1.62%Cu

POMEROY 5:
53,200 tonnes @ 1.00% Cu

BEAVER 1:
19,375 tons @ 1.74% Cu

HALL:
PROVEN: 5,000 tons @ 3.45% Cu
INDICATED: 50,000 tons @ 2.40% Cu

COPPER BELL 1 + 2: 112,000 tons @ 2.55% Cu

*Reserve Estimates - Sheppard, 1974. Prince Stewart Mines Ltd.

CEO Appointment

The Board of Directors has appointed Jared Lazerson as CEO and a Director of the Company replacing Perry Leopold. Mr. Leopold remains a Director of the Company. 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.

Share Consolidation

A majority of the shareholders of the Company (80%) have approved a share restructuring involving a consolidation of common shares up to 1 new common share for every 500 existing common shares.

CEO Incentive Options and Compensation

The compensation package of the CEO is $180,000 per annum and 496,812,596 share purchase options at $0.0002, representing 10% of the current issued and outstanding shares, for a period of 3 years.

Qualified Person

Andris Kikauka (P.Geo) is a Qualified Person in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects, and has reviewed and approved the scientific and technical content of this news release.

On behalf of the Board of Directors of

NORTH BAY RESOURCES INC.

Jared Lazerson
CEO

jared@northbay-resources.com

northbay-resources.com

215-661-1100

This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws.
https://www.globenewswire.com/newsroom/ti?nf=OTAzODc2MiM2MDc0NTE3IzIwMjc3ODg=
https://ml.globenewswire.com/media/NjQ2YWM5MTMtMTcxZi00NzJmLWFhNjgtYzQ1Y2FhOGIxNWEyLTEwMzg4Mzg=/tiny/North-Bay-Resources-Inc-.png

Source: North Bay Resources Inc.

© 2024 GlobeNewswire, Inc.
https://www.otcmarkets.com/stock/NBRI/news/story?e&id=2769525
👍️0
Monroe1 Monroe1 2 weeks ago
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.

Investing ideas are a dime a dozen with most not successful unless the principals involved are true professionals. I like this new CEO and he certainly knows mining.
👍️ 1 😎 1 🤑 1
urge2surge urge2surge 2 weeks ago
Selling shares is all they got. The history of reverse splits and financials are clear tells.
Just got to find the one's they haven't run up yet and get in before the pop drop..
👍️0
Traderhulk Traderhulk 2 weeks ago
1:500 RS.. all these otc stocks scam and these mthrfkng CEOs only making money..
👍️ 1
Chartmaster Chartmaster 2 weeks ago
They're all gonna melt up like 2021 I say! OTC's seeing volumes like it has not seen since 2021, Can't keep Bitcoin down, BB stocks are all making new record highs, trillions on the 5% sidelines are rushing back to stocks, crypto, and Bb stocks! I own a ton of the other one you mention as well!
👍️ 1
Penny2Dime Penny2Dime 2 weeks ago
Exactly!
👍️0
mick mick 2 weeks ago
VAN'T KEEP'EM DOWN FOREVER. SOME GOT GOOD CATALYST , $TONR CATALYST- AI
👍️ 2
Nadendla Nadendla 2 weeks ago
I am thinking the same mick.. 001s first before anything else..

NBRI
👍️0
Chartmaster Chartmaster 2 weeks ago
Yup, trips plays are Golden again like 2021! Esp with news like NBRI has!
💩 1 🖕 1 🤡 1
urge2surge urge2surge 2 weeks ago
Posted yesterday. Here's the post. It's part of the news release. Seeing a lot of posts encouraging the pump... to dump..lol
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173863078
👍️0
mick mick 2 weeks ago
WHERE SEE ?????
👍️0
mick mick 2 weeks ago
OTCPINKS LOOK LIKE BEAR MODE COMPLETED $NBRI
👍️ 3 🔥 1
mick mick 2 weeks ago
HI THERE FRIEND, THIS $NBRI COULD DO .001'S AGAIN
👍️0
Nadendla Nadendla 2 weeks ago
Saw the news..mick.. I have a small position..but..if the asks are slammed and PPS rises.. I will be forced to hit the asks..Looks like ground floor..
👍️ 1
mick mick 2 weeks ago
MAYBE NEW HIGH HERE
👍️0
urge2surge urge2surge 2 weeks ago
1 for 500 r s approved. Zero revenues and 20+ million load. Yeah..let's buy more...lmao...
🤔 1
mick mick 2 weeks ago
GOOD VOLUME - 2'S UP $NBRI
👍️ 2 🤑 1
3Angels120702 3Angels120702 2 weeks ago
Is this as good as Ruby or the non-existent platinum project lol?
👍️0
Chartmaster Chartmaster 2 weeks ago
Grab some 2's while they are still here! No-Brainer!
👍️0
Chartmaster Chartmaster 2 weeks ago
Trips Shell Play with News! Aren't they all running???, Esp the most stinkiest?
👍️0
Chartmaster Chartmaster 2 weeks ago
418mill Volume on HUGE NEWS! It's OTC Melt-Up time like 2021!!! Buying everything with volume and a good PR!!!!
👍️0
Chartmaster Chartmaster 2 weeks ago
Unrestricted OS 4,967,967,179 02/10/2024
https://www.otcmarkets.com/stock/NBRI/security
👍️0
Chartmaster Chartmaster 2 weeks ago
North Bay Resources Announces Acquisition of Copper Island Project with Assays up to 14.7% Cu and Appointment of New CEO

SKIPPACK, Pa., Feb. 16, 2024 (GLOBE NEWSWIRE) -- North Bay Resources Inc. (the “Company” or “North Bay”) (OTC: NBRI) is pleased to announce that the Company has entered into an agreement to acquire a 100% interest in the 1056 hectare Copper Island Red-Bed Copper Project (the “Property” or the “Project”), located in British Columbia, Canada, The agreement (the “Agreement”), is between the Company and Copper Island Mines Ltd.(the “Vendor”). Recent geochemical exploration (Summer 2023) on the Property has yielded up to 14.7% Cu (B.C. Assessment Report 41377). The project is proximate to the Company’s Wolf Lake Project where recent sampling returned up to 3.12% Cu and up to 22 g/t Au.

Historic Exploration and Development Work

Considerable previous work has been performed on the Pomeroy Group copper-silver bearing mineralization. Modern exploration began in 1952-53, when Dodge Copper carried out a detailed exploration program of trenching and diamond drilling. Dodge Copper drilled 145 holes totaling 8800 feet on various deposits. Extensive drilling and trenching of the mineralized zones was completed by Prince Stewart Mines Ltd. in 1972-74. In 2011, the claims were acquired by Copper Island Mines Ltd, and a program of geochemical sampling was carried out on the Pomeroy, Beaver and Colleen Zones. A significant portion of geochemical sampling returned >2% Cu from numerous new & historic copper-silver bearing mineral occurrences (Betmanis, 2012).

Property Mineral Occurrences

Historic estimates were completed prior to NI 43-101, while completed by qualified geologists and/or engineers of their day they are historic in nature.

The following list describes historic resources of nine British Columbia Ministry of Mines, Energy, and Carbon Reduction MINFILE occurrences located within Copper Island mineral claims:

POMEROY 1:
16,500 tons @ 3.67% Cu

POMEROY 2:
PROVEN: 5,000 short tons @ 2.70% Cu
INDICATED: 17,000 tons @ 2.70% Cu

POMEROY 3+4
PROVEN: 972,400 short tons @ 1.22% Cu
INDICATED: 472,000 tons @ 1.62%Cu

POMEROY 5:
53,200 tonnes @ 1.00% Cu

BEAVER 1:
19,375 tons @ 1.74% Cu

HALL:
PROVEN: 5,000 tons @ 3.45% Cu
INDICATED: 50,000 tons @ 2.40% Cu

COPPER BELL 1 + 2: 112,000 tons @ 2.55% Cu

*Reserve Estimates - Sheppard, 1974. Prince Stewart Mines Ltd.

CEO Appointment

The Board of Directors has appointed Jared Lazerson as CEO and a Director of the Company replacing Perry Leopold. Mr. Leopold remains a Director of the Company. 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.

Share Consolidation

A majority of the shareholders of the Company (80%) have approved a share restructuring involving a consolidation of common shares up to 1 new common share for every 500 existing common shares.

CEO Incentive Options and Compensation

The compensation package of the CEO is $180,000 per annum and 496,812,596 share purchase options at $0.0002, representing 10% of the current issued and outstanding shares, for a period of 3 years.

Qualified Person

Andris Kikauka (P.Geo) is a Qualified Person in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects, and has reviewed and approved the scientific and technical content of this news release.

On behalf of the Board of Directors of

NORTH BAY RESOURCES INC.

Jared Lazerson
CEO

jared@northbay-resources.com

northbay-resources.com

215-661-1100

This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws.
https://www.globenewswire.com/newsroom/ti?nf=OTAzODc2MiM2MDc0NTE3IzIwMjc3ODg=
https://ml.globenewswire.com/media/NjQ2YWM5MTMtMTcxZi00NzJmLWFhNjgtYzQ1Y2FhOGIxNWEyLTEwMzg4Mzg=/tiny/North-Bay-Resources-Inc-.png

Source: North Bay Resources Inc.

© 2024 GlobeNewswire, Inc.
https://www.otcmarkets.com/stock/NBRI/news/story?e&id=2769525
👍️ 1
Huggy Bear Huggy Bear 2 weeks ago
All you fool.
👍️0
Monroe1 Monroe1 2 weeks ago
CEO Appointment

The Board of Directors has appointed Jared Lazerson as CEO and a Director of the Company replacing Perry Leopold. Mr. Leopold remains a Director of the Company. 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.
👍️0
Monroe1 Monroe1 2 weeks ago
Always Pink current and on time!!
👍️0
Monroe1 Monroe1 2 weeks ago
A bottom fishing glory hole that may well be lined with AU and CU!!!!!
👍️0
Monroe1 Monroe1 2 weeks ago
LOL, so load up the ones and two's.
👍️0
Huggy Bear Huggy Bear 2 weeks ago
It's going to leave the trips all right.

Reverse split lolololololol

Get Sum, again.
👍️0
urge2surge urge2surge 2 weeks ago
A majority of the shareholders of the Company (80%) have approved a share restructuring involving a consolidation of common shares up to 1 new common share for every 500 existing common shares.

https://www.otcmarkets.com/stock/NBRI/news/North-Bay-Resources-Announces-Acquisition-of-Copper-Island-Project-with-Assays-up-to-147-Cu-and-Appointment-of-New-CEO?id=430671
👍️0
mick mick 2 weeks ago
OTC DISCLOSURE & NEWS SERVICE
From
To
North Bay Resources Announces Acquisition of Copper Island Project with Assays up to 14.7% Cu and Appointment of New CEOPress Release | 02/16/2024
North Bay Resources Inc. (NBRI) Reports on New Discoveries at Wolf Lake GoldPress Release | 12/14/2023
North Bay Resources Inc. (NBRI) Reports New Assays of 60 g/t Gold and 141 g/t Silver at Wolf Lake Gold
👍️0
mick mick 2 weeks ago
https://www.otcmarkets.com/stock/NBRI/security
👍️0
mick mick 2 weeks ago
NBRI
North Bay Resources Inc (PK)
0.0002
0.00 (0.00%)
Volume: 16,254,000
Day Range: 0.0001 - 0.0002
Last Trade Time: 10:18:06 AM EST
👍️0
mick mick 2 weeks ago
I SEE SOME NEWS ITEM, GO $NBRI
👍️ 1
Monroe1 Monroe1 2 weeks ago
Let's see how this develops this year. Maybe I will sell some once we leave the trips AGAIN!!!
Read em and weep shorts.

$NBRI$
👍️0
Monroe1 Monroe1 2 weeks ago
North Bay Resources Announces Acquisition of Copper Island Project with Assays up to 14.7% Cu and Appointment of New CEO

GlobeNewswire - 9:00 AM ET 2/16/2024 Investment News

Email Facebook. Twitter. LinkedIn. Print

SKIPPACK, Pa., Feb. 16, 2024 (GLOBE NEWSWIRE) -- North Bay Resources Inc. ( NBRI ) (the “Company” or “North Bay”) (OTC: NBRI) is pleased to announce that the Company has entered into an agreement to acquire a 100% interest in the 1056 hectare Copper Island Red-Bed Copper Project (the “Property” or the “Project”), located in British Columbia, Canada, The agreement (the “Agreement”), is between the Company and Copper Island Mines Ltd.(the “Vendor”). Recent geochemical exploration (Summer 2023) on the Property has yielded up to 14.7% Cu (B.C. Assessment Report 41377). The project is proximate to the Company’s Wolf Lake Project where recent sampling returned up to 3.12% Cu and up to 22 g/t Au.

Historic Exploration and Development Work

Considerable previous work has been performed on the Pomeroy Group copper-silver bearing mineralization. Modern exploration began in 1952-53, when Dodge Copper carried out a detailed exploration program of trenching and diamond drilling. Dodge Copper drilled 145 holes totaling 8800 feet on various deposits. Extensive drilling and trenching of the mineralized zones was completed by Prince Stewart Mines Ltd. in 1972-74. In 2011, the claims were acquired by Copper Island Mines Ltd, and a program of geochemical sampling was carried out on the Pomeroy, Beaver and Colleen Zones. A significant portion of geochemical sampling returned >2% Cu from numerous new & historic copper-silver bearing mineral occurrences (Betmanis, 2012).

Property Mineral Occurrences

Historic estimates were completed prior to NI 43-101, while completed by qualified geologists and/or engineers of their day they are historic in nature.

The following list describes historic resources of nine British Columbia Ministry of Mines, Energy, and Carbon Reduction MINFILE occurrences located within Copper Island mineral claims:

POMEROY 1:
16,500 tons @ 3.67% Cu

POMEROY 2:
PROVEN: 5,000 short tons @ 2.70% Cu
INDICATED: 17,000 tons @ 2.70% Cu

POMEROY 3+4
PROVEN: 972,400 short tons @ 1.22% Cu
INDICATED: 472,000 tons @ 1.62%Cu

POMEROY 5:
53,200 tonnes @ 1.00% Cu

BEAVER 1:
19,375 tons @ 1.74% Cu

HALL:
PROVEN: 5,000 tons @ 3.45% Cu
INDICATED: 50,000 tons @ 2.40% Cu

COPPER BELL 1 + 2: 112,000 tons @ 2.55% Cu

*Reserve Estimates - Sheppard, 1974. Prince Stewart Mines Ltd.

CEO Appointment

The Board of Directors has appointed Jared Lazerson as CEO and a Director of the Company replacing Perry Leopold. Mr. Leopold remains a Director of the Company. 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.
👍️0
Monroe1 Monroe1 2 weeks ago
You want to post that official update?

How about the one today!!! Love those .0001 that I snatched.

Go Leopold!!
👍️0

Your Recent History

Delayed Upgrade Clock

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

Support: 1-888-992-3836 | help@advfn.com