North Bay Resources Inc. is a fully-reporting junior mining company with more than 150 mineral and placer claims encompassing approximately 60,000 acres throughout British Columbia, Canada. The company has also exercised an option to purchase the Ruby Mine in Sierra County, California, and is pursuing additional operating mines in the western US.
North Bay Resources’ stated mission is to build a portfolio of viable mining prospects throughout the world and develop them through subsidiaries and joint venture partners to their full economic potential. The company’s focus expands from precious metals, including gold, silver, platinum, and palladium, to base metals, including copper, zinc, lead, molybdenum, etc.
North Bay’s business plan is based on the Generative Business Model, which is designed to leverage its properties into near-term revenue streams even during the earliest stages of exploration and development. This strategy provides shareholders with multiple opportunities to profit from discoveries while preserving capital and minimizing the risk involved in exploration and development.
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