North Bay Resources Inc. (OTC:NBRI) CEO Jared Lazerson talked with Proactive’s Stephen Gunnion about the company’s latest significant achievement—producing its first gold concentrates at the Bishop Gold Mill. Lazerson detailed the milestone, explaining that gold was recovered from the Fran Gold Project within just six weeks of ore delivery. “I’ve never heard of a mill startup happening so quickly,” he shared.
The company’s strategy to integrate its mine and mill operations is proving effective. Lazerson highlighted the smooth startup, the quality of equipment, and the strength of the team in achieving this milestone. He discussed the company’s partnership with a refinery in Reno, Nevada, enabling efficient processing and revenue generation.
North Bay Resources is now focused on scaling operations, with rail shipments of additional ore expected shortly. The company anticipates increased production in early 2025, aided by favorable gold prices currently above $2,600 per ounce. Lazerson emphasized the company’s cost-efficiency, targeting production costs between $500 …