North Bay Resources is focused on acquiring, managing and developing precious metal and other mining properties. The company’s mission is to build a portfolio of viable mining prospects around the globe and then develop those prospects through subsidiaries and partners. By leveraging their properties into near-term revenue streams, North Bay anticipates providing their shareholders with opportunities to profit while the company preserves capital and minimizes the risks involved with exploration and development.
Currently, the company owns more than 100 mineral and placer claims that collectively contain approximately 40,000 acres in British Columbia Canada. Their primary target areas of focus include: Willa, Monte Cristo, Pinnacle Gold, Silver Cup Ridge, Tulameen Platinum Project, Tor, Rainbow Creek, Fraser River Platinum, Lardeau Creek, Silver, Leaf, Gold Hill Project, Rachel and Connie Hill. Together, these areas of focus have the potential to hold gold, silver, copper, platinum, palladium, rhodium, iridium, nickel and zinc.
In recent news, the company signed a couple of letter of intent agreements, as well as made two acquisitions. The Granite Creek Platinum Property, one of the company’s latest acquisitions, is located just 12 kilometres from North Bay’s Tulameen Platinum Project and covers nearly 1,000 acres. North Bay intends to schedule a reconnaissance program to locate the underlying source of the historic placer deposits.
The company is led by President and CEO Perry Leopold, who has led several successful businesses in the past two decades. Soon after he was appointed CEO to lead the company’s corporate restructuring, Leopold designed North Bay’s generative business model and began utilizing cutting-edge technology to assist with cost-efficient acquisition targeting. His broad experience makes him the ideal leader as the company looks for other growth opportunities.
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