North Bay Resources Inc. (OTC:NBRI) Stock Continues To Trend Lower: Now What?

There were a number of companies that had come into focus on Tuesday, and one of those was North Bay Resources Inc. (OTC:NBRI). Following a key announcement from the company, the stock had declined by 10%, and it would be interesting to see if there is any recovery today.

North Bay Resources Completes Primary Crushing at Bishop Gold Mill, Inyo County, California; Attends OTC Markets Precious Metals Conference

On October 1, the company announced that the inaugural gold ore shipment from its Fran Gold Project had been processed successfully. The gold ore was processed by primary crushing, which included grizzly as well as jaw crushers to ½ inch minus size.

The company revealed that heavy equipment mechanics had been deployed at the site yesterday in order to manage the start and stabilization of the ball mill in order to reduce the ore to minus 150 mesh. The resultant mesh would then be transported to the gravity separation table in the form of a slurry for free gold extraction. There is expectation of the extraction of other precious metals as well.

The rest of the ore would flow into a concentrate and floatation circuit after that. North Bay Resources also stated that process engineers involved with the project will also arrive at the site during the week for testing and optimization of the floatation cells.