There are some stocks which are expected to be on the radars of investors in a big way this morning and one those could be the North Bay Resources Inc (OTC: NBRI) stock. The company came into focus last Friday after it made an announcement about its operations at the New Gravity Circuit.
New Announcement
The company announced on January 10 that it had installed, acquired and commenced the processing of ore from the Fran Gold Project through the deployment of new gravity separation and gold recovery equipment. The work commenced at North Bay Resources’ Bishop Gold Mill.
The company went on to note that the microscopic analysis done on concentrate had revealed considerable gold recovery. The samples from the operation had also been delivered to the Metallurgy Laboratory of the company for assay as well as additional analyses. Following that, the same would be sent to the company’s gold refinery partner.
Further Information
North Bay Resources further stated in the news release that the concentrate had been developed through the use of centrifugal gravity recovery in a Knudsen Bowl. The latest announcement could be seen as significant new milestone for the company’s project and remains to be seen if it brings the stock into play this week or not.