WednesdayApr 30, 2008 8:44 am

North Bay Resources Inc. (NBRI.PK) Signs LOI for Coronation Gold-Silver Property Joint Venture

North Bay Resources Inc. announced today that it has signed a Letter of Intent ("LOI") with Drake Gold Resources Inc. ("Drake") to formalize a joint venture agreement for the exploration of North Bay's recently announced Coronation Property near Slocan in southeastern British Columbia. The Coronation Property covers 103 acres over several reverted crown grants and includes three past-producing mines; the Colorado, the V&M, and the Senator mines, in addition to the Coronation. Primary mineralization is gold, silver, zinc, and lead. According to BC MINFILE 082FNW162 and Assessment Report 18603, the Coronation Property was reported to have past-production of as much…

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MondayApr 28, 2008 8:46 am

North Bay Resources Inc. (NBRI.PK) Acquires Granite Creek Platinum Property

North Bay Resources Inc. announced that it has acquired the Granite Creek Platinum Property near Tulameen, British Columbia. Located 12 kilometres southeast of the Company's Tulameen Platinum Project, the property covers approximately 1,000 acres and surrounds the confluence of Granite Creek and Newton Creek. According to BC MINFILE 092HSE230 pertaining to the historic Granite Creek placer mines, "Gold to platinum ratios range from 4:1 to 1:1, and average 2:1 to 3:1 (BC Assessment Report 12230, page 4). The proportion of platinum increases upstream towards Newton Creek. Gold nuggets are coarse and rough, and frequently weighed 160 to 250 grams. Some…

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ThursdayApr 24, 2008 8:46 am

North Bay Resources Inc. (NBRI.PK) Signs LOI for Rainbow Creek Platinum Joint Venture

North Bay Resources Inc. announced that it has signed a Letter of Intent ("LOI") with a private Canadian-based company to pursue a joint venture agreement for the prospective exploration and development of the Rainbow Creek Platinum Project. North Bay's Rainbow Creek Platinum property is a placer claim located approximately 60 kilometres south of the town of Mackenzie in north-central British Columbia, and close to the historic Mt. Milligan copper/gold porphyry deposit. The property covers 182 acres along a 1.6 kilometre stretch of Rainbow Creek, a tributary of the Nation River, and reportedly contains gold, platinum, and iridium. While no reliable…

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MondayApr 21, 2008 8:48 am

North Bay Resources Inc. (NBRI.PK) Acquires Coronation Gold-Silver Property

North Bay Resources Inc. announced that it has acquired the Coronation Property near Memphis Creek, 6 kilometres northeast of Slocan in southeastern British Columbia. The property covers 103 acres over several reverted crown grants and includes three past-producing mines; the Colorado, the V&M, and the Senator mines, in addition to the Coronation. Primary mineralization is gold, silver, zinc, and lead. The highest combined historical (post-production) assays are 16.8 g/t gold, 6000 g/t silver, 10.9% zinc, and 1.2% lead. According to BC Assessment Report 18603, the Coronation was reported to have past-production of as much as 13,000 grams per tonne silver…

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FridayFeb 15, 2008 8:50 am

North Bay Resources Inc. (NBRI.PK) Issues Property Update

North Bay Resources Inc. announced today that it has entered into a series of transactions that affect several of the Company's properties. -- The Company's wholly owned subsidiary, Lakeridge Mining Corp., has returned the Marlow Creek Moly and Trout Lake Gold properties to North Bay. These were subsequently included in a series of property sales and exchanges that resulted in a net revenue gain to the Company of $32,000 USD plus additional property considerations. -- An additional 673 acres of ground adjacent to the Company's Tulameen Platinum Project (formerly known as the Lodestone Platinum Property) has been acquired as part…

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WednesdayFeb 06, 2008 8:51 am

Enterayon Announces Merger, Symbol Change, and Reverse Stock Split

Enterayon, Inc. announced today that it has merged with and assumed the name of its wholly-owned subsidiary, North Bay Resources Inc. The new Company name is now North Bay Resources Inc. ("North Bay"). Effective February 7, 2008, the new stock symbol will be "NBRI." The company has also announced a 1:10 reverse stock split of its common shares. As a result of the reverse split, holders of North Bay shares will receive one share of North Bay common stock for every 10 shares they currently own, and one additional share in lieu of fractional shares to the extent that an…

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