Curated News
By: NewsRamp Editorial Staff
May 07, 2024
North Bay Resources CEO Announces Successful Testing of Bishop Gold Mill Equipment
TLDR
- North Bay Resources CEO announced successful completion of initial testing phase, potentially generating $20 million in gold revenue.
- Equipment at Bishop Gold Mill including jaw crusher, ball mill, shaker table, and flotation tanks powered up and confirmed in excellent working order.
- The acquisition of 10,000 tons of ore with a projected yield of 8,500 ounces of gold could make the world better and generate $20 million in revenue.
- North Bay Resources CEO Jared Lazerson joined Steve Darling from Proactive to announce successful initial power-up and testing phase for the equipment at the Bishop Gold Mill.
Impact - Why it Matters
The successful testing of the Bishop Gold Mill equipment could potentially yield significant gold revenue, impacting both the company and the market. This news indicates a positive development for North Bay Resources and their investors, as well as the potential economic impact of increased gold production.
Summary
North Bay Resources CEO Jared Lazerson announced the completion of the initial power-up and testing phase for the equipment at the Bishop Gold Mill. The equipment, including a jaw crusher, ball mill, shaker table, and flotation tanks, all powered up successfully and are in excellent working order. Lazerson also mentioned plans to replace the ball mill bushings and secure feedstock for the mill, projecting a potential $20 million in gold revenue at current market prices.
Source Statement
This curated news summary relied on content disributed by News Direct. Read the original source here, North Bay Resources CEO Announces Successful Testing of Bishop Gold Mill Equipment
