Dating web site osburn idaho
Underground Drilling at the Mc Kinley Mine NJMC recently developed a small, low-cost, core drill system particularly useful in tight underground spaces.
The “small space” drill system is being used at Mc Kinley to characterize and extend at least five known mineralized gold zones.
Two of the claims are located just south of the Golden Chest and on-strike with the Idaho Fault.
The purchase was made for the strategic location and mineral potential of the claims, as well as for their excellent potential for timber harvesting and for land swaps given their location within and near USFS and BLM land.
The Company’s common stock trades on the OTC Market under the symbol “NJMC.” Forward Looking Statements This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended that are intended to be covered by the safe harbor created by such sections.
Trenching Underway at the Eastern Star Project At the Eastern Star project, assays are pending from recent rock chip sampling and a 2,900-foot trenching program has been completed.
The Company also reports making a scheduled 5,000 payment and now owns 11 of the 13 patented project claims outright.
NJMC has confirmed the widespread presence of high-grade gold within mineralized quartz vein material on the property with 12 of 27 collected samples returning gold values exceeding 0.16 opt (5.5 gpt) with five of those exceeding 0.5 opt (17.1 gpt) and two samples from a previously un-prospected area returning gold values of 1.57 opt (53.8 gpt) and 2.01 opt (68.9 gpt).
The Company is actively engaging clients for custom milling contracts while also pursuing its own small-scale production opportunities.
With its mill ownership, in-house expertise, and strategic relationships, NJMC has a unique ability to focus on the acquisition and development of smaller gold deposits in historic mining districts.