COEUR D'ALENE, Idaho, Feb. 05, 2018 -- New Jersey Mining Company today announced results from its recent exploration trenching program at its Golden Chest Mine in Northern Idaho. The Company completed 14 trenches, totaling 653 meters, which were designed to test for near-surface, open-pittable gold mineralization in areas where the Idaho Fault and [...]
COEUR D'ALENE, Idaho, Jan. 22, 2018 -- New Jersey Mining Company announced today that it has expanded their land holdings adjacent to its currently producing Golden Chest Mine in the Murray Gold Belt area of Northern Idaho. The Company has added the “Buckskin Claim Group” which is comprised of 218 acres of patented mining claims [...]
COEUR D'ALENE, Idaho, Jan. 16, 2018 -- New Jersey Mining Company has appointed Rob Morgan as Vice-President, Exploration. Mr. Morgan will direct NJMC’s exploration activities, which have been largely focused on the surface and underground programs at the Golden Chest Mine and its recently expanded land position in the Murray Gold Belt of [...]
COEUR D'ALENE, Idaho, Jan. 10, 2018 -- New Jersey Mining Company is pleased to announce it will be exhibiting at the upcoming Vancouver Resource Investment Conference from January 20th to 21st. New Jersey Mining Company’s management team wishes to invite current shareholders, potential investors, brokers, analysts and interested parties to [...]
COEUR D'ALENE, Idaho, Dec. 14, 2017 -- New Jersey Mining Company today announced the release of an updated National Instrument 43-101 Technical Report on its Golden Chest Mine in north Idaho. NJMC CEO and President John Swallow stated, “We are pleased to announce the completion of our updated NI 43-101 Report, which reflects mine development [...]
New Jersey Mining today provided its third quarter update on operations at its Golden Chest Mine and corporate activities. During the nine-month period ending September 30, approximately 21,840 dmt were processed at the Company’s New Jersey Mill, with average head grade of 4.55 grams per tonne (gpt) and average recoveries of 84.6 -percent. - NJMC [...]
New Jersey Mining announced today that underground operations have commenced at its 100-percent owned Golden Chest Mine near Murray. NJMC is now operating from two locations at the Golden Chest Project - the open pit mine that it has developed and operated this year and the underground mine that was largely developed in 2015 and readied for [...]
New Jersey Mining is pleased to announce it has closed a $310,000 private placement and has used the proceeds to pay off the remaining balance owed on the Golden Chest Mine. Mr. Swallow stated, “Paying off the remaining balance of the $3.75-million purchase price of the Golden Chest Mine is a major milestone for our team. By accelerating payoff of [...]
New Jersey Mining Company today provided its Second Quarter update on operations at its Golden Chest Mine and corporate activities. During the three-month period ending June 30, approximately 7,425 dmt were processed at the Company’s New Jersey Mill, with average head grade of 4.78 gpt and average recoveries of 86.4 -percent. NJMC produced and sold [...]
New Jersey Mining announced today that efforts to widen the open pit at its Golden Chest Mine project have resulted in a significant expansion, including a 14-fold increase in tonnage and a 12-fold increase in mineable ounces of gold. As detailed in NJMC’s press release dated April 13, 2017, the Company used blast hole assays, and geologic modeling [...]
