North Bay Resources Acquires Mt Vernon Mine, Expects Long-Term Gold Production
North Bay Resources Inc. (OTC:NBRI) acquires Mt Vernon Mine in Sierra County, California, with plans for long-term gold production and substantial revenues.
This news matters because it highlights North Bay Resources Inc.'s strategic acquisition of the Mt Vernon Mine, positioning the company for significant long-term gold production. The acquisition showcases the potential for substantial revenues and sustained operations, reflecting the stability and value of gold as an investment in the current economic climate.