New Jersey Mining Company today announced its consolidated operating and financial results for the year ending December 31, 2020. NJMC CEO and President, John Swallow stated, "At this time last year I commented on just how much the global backdrop had changed, however little did we know that the "change" I was referring to would pale in comparison [...]
New Jersey Mining Company is pleased to provide a "big picture" update, including a preliminary discussion in regard to up-listing to a senior exchange in concert with our plans to increase production at the Golden Chest Mine and the potential for the spin-out of its rare earth subsidiary to shareholders. NJMC President and CEO John Swallow stated [...]
New Jersey Mining Company is pleased to announce further high-grade results from its core drilling program at the Golden Chest. These high-grade gold intercepts are from recent exploration drilling in the Paymaster Shoot. All reported intervals are the true thickness of the vein. GC 21-184 intercepted 1.5 m of 20.1 gpt gold in the upper vein and [...]
New Jersey Mining Company announces the grant of 4,200,000 stock options to employees and directors of the Company, pursuant to the terms of the Company's Stock Option Plan. The options are exercisable at $0.40 per share and expire three years from the date of grant. NJMC President and CEO John Swallow stated, "The NJMC board of directors [...]
New Jersey Mining Company is pleased to announce that its current core drilling program at the Golden Chest has intercepted 7.3 m that assayed 11.5 g/t gold in drill hole on the southern end of the property in the area known as the Joe Dandy. The Joe Dandy area is the southernmost of the six named ore shoots currently identified at the Golden Chest [...]
New Jersey Mining Company is pleased to provide drill and sampling highlights, a year-end exploration update for the Golden Chest Mine, the Murray Gold Belt, and the Diamond Creek Rare Earth Element property. NJMC President and CEO John Swallow stated, "As we close out the year, recent months have revealed a subtle, and not insignificant, trend of [...]
COEUR D'ALENE, ID / ACCESSWIRE / November 16, 2020 / New Jersey Mining Company today announced its consolidated operating and financial results for the third quarter of 2020. The full version of the Company's interim unaudited consolidated financial statements and management's discussion and analysis can be viewed on the Company's web site, and [...]
New Jersey Mining Company is pleased to announce it has closed a $2.7 million private placement from 18 investors and has also been notified of warrants to be exercised in connection with a private placement completed in October of 2017. The Company will receive an additional $258,000 upon exercise of the warrants. Proceeds from the private [...]
New Jersey Mining Company today announced its consolidated operating and financial results for the second quarter of 2020. The full version of the Company's interim unaudited consolidated financial statements and management's discussion and analysis can be viewed on the Company's web site, and EDGAR. All amounts are expressed in U.S. dollars unless [...]
New Jersey Mining Company is pleased to distribute this President's Letter to Shareholders, which includes an update on 2nd quarter operations and future plans, from NJMC President & CEO John Swallow: It is our belief that the current backdrop is evolving into a predictable fiscal and generational-based reality. Structural issues with the dollar [...]
New Jersey Mining Company is pleased to announce the expansion of its strategic land holdings to include the Roberts Rare Earth Element Project in Lemhi County, Idaho. The Roberts REE Project is comprised of 12 unpatented mining claims covering an area of approximately 89 hectares . This Project is located within the Mineral Hill Mining district [...]
New Jersey Mining Company is pleased to announce the strategic expansion of its land holdings to include the Diamond Creek Rare Earth Element deposit in Lemhi County, Idaho. The Diamond Creek REE Project covers approximately 421 hectares and is comprised of 52 unpatented mining claims. It is located in the Eureka Mining district, approximately 13 [...]