SKIPPACK, PA — North Bay Resources Inc. (OTC: NBRI), a Pennsylvania-based mineral exploration company, recently unveiled promising assay results from its Red-Bed Copper Project at Copper Island, British Columbia, Canada. The firm also announced the mobilization of resources for further exploration, expected to commence on or about February 26th, 2024.
The assays, which were part of the confidential data acquired with the property, revealed high-grade copper yields from rock chip samples taken during the Summer 2023 exploration. This exploration encompassed two zones, Pomeroy 1 and Copper Bell, where eight rock chip samples were collected for geochemical analysis.
The analysis method employed was sequential leach, a technique that segregates copper into three categories: oxide, sulphide, and residual (native copper). This method allows for a more detailed understanding of the type and quantity of copper present in the samples, essential information for planning further extraction operations.
In the Pomeroy 1 zone, the four samples collected showed copper percentages ranging from 3.28% to 8.48%. The average composition across these samples was 33% oxide copper, 65.4% sulphide copper, and 1.6% residual copper.
The Copper Bell zone, however, yielded even more impressive results. One sample, 23CIR-7, showed an extraordinarily high copper content of 14.7%. Another sample in the same zone revealed a copper percentage of 3.42%. The average composition here was 22% oxide copper, 76.5% sulphide copper, and 1.5% residual copper.
Two other samples, 23CIR-1 and 23CIR-2, were collected outside the mineralized zones and generated nominal results.
The Copper Island Red-Bed Copper Project has a rich history of exploration and development work. Modern exploration began in the early 1950s when Dodge Copper initiated a comprehensive program of trenching and diamond drilling. This was followed by further extensive drilling and trenching by Prince Stewart Mines Ltd. in the early 1970s.
Copper Island Mines Ltd. acquired the claims in 2011 and conducted a program of geochemical sampling on the Pomeroy, Beaver, and Colleen Zones. Much of this sampling returned copper yields greater than 2% from numerous new and historic copper-silver bearing mineral occurrences. There are nine British Columbia MINFILE locations within the project area.
The upcoming exploration effort by North Bay Resources will focus primarily on the Copper Bell zone, given its high copper content. This move indicates the company’s commitment to capitalize on the rich copper reserves of the Copper Island Project.
The recently revealed assay results and the impending exploration underscore the potential of the Copper Island Project. These developments could significantly enhance the value of North Bay Resources’ portfolio, making it a firm to watch for industry observers and investors alike. The company’s continued efforts towards uncovering and exploiting high-grade copper reserves could have profound implications for the copper market and broader mining industry.
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