North Bay Resources Inc. (NBRI.PK) Acquires Granite Creek Platinum Property
North Bay Resources Inc. announced that it has acquired the Granite Creek Platinum Property near Tulameen, British Columbia. Located 12 kilometres southeast of the Company's Tulameen Platinum Project, the property covers approximately 1,000 acres and surrounds the confluence of Granite Creek and Newton Creek. According to BC MINFILE 092HSE230 pertaining to the historic Granite Creek placer mines, "Gold to platinum ratios range from 4:1 to 1:1, and average 2:1 to 3:1 (BC Assessment Report 12230, page 4). The proportion of platinum increases upstream towards Newton Creek. Gold nuggets are coarse and rough, and frequently weighed 160 to 250 grams. Some…