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North Bay Resources publishes internal gold estimate to advance Fran Project strategy

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North Bay Resources CEO Jarad Lazerson joined Steve Darling from Proactive to share a significant milestone in the company’s development of the Fran Gold Project in British Columbia. The company has released a preliminary, non-NI 43-101-compliant resource estimate for the Bullion Alley Zone—an internal figure based on extensive historical drilling and modern 3D modeling. The estimate was generated using Leapfrog Geo + Edge software, a professional-grade 3D modeling tool commonly employed in the mining industry. The analysis incorporated over 18,000 meters of diamond drilling across 104 holes, totaling approximately 50,000 feet of historic data. Lazerson emphasized that while the estimate is not yet compliant with NI 43-101 standards, it provides a transparent and credible basis for strategic conversations with potential investors, joint venture partners, and major mining companies. The internal resource estimate outlines 20 million tons at 0.5 g/t gold in the main Bullion Alley Zone, 43 million tons at an average grade of 0.3 g/t when including the East Zone and an estimated 450,000 ounces of gold across the two zones “These numbers are not certified, but they are meaningful,” Lazerson said. “They give us and the market a clear picture of where we stand and how much value there may be in the ground, especially with current gold prices hovering at historically high levels.” He also pointed to a gap between the main and East zones with no historical drilling, highlighting an exploration opportunity that could further expand the resource base. The company is currently weighing its next steps, including whether to advance toward further drilling, move into preliminary development, or explore financing and M&A opportunities. “This marks a turning point,” Lazerson added. “It’s our way of signaling to the market that North Bay is serious about advancing Fran. We believe there’s a generational opportunity as global demand for gold and strategic metals increases, and we’re positioning ourselves to take advantage of that.” #proactiveinvestors #northbayresourcesinc #otc #nbri #PlatinumConcentrate #NorthBayResources #MiningNews #CaliforniaGold #JaredLazerson #GoldRush #stock #stockmarketnews ResourceEstimate #NorthBayResources #MiningInvestment #JuniorMining #GoldExploration #MiningFinance #MergersAndAcquisitions #GoldPrice #NI43101 #MiningNews #InvestorUpdate

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