New Jersey Mining Company today announced its consolidated operating and financial results for the year ending December 31, 2018. NJMC CEO and President, John Swallow stated, "We made major strides in 2018 - considerably de-risking the balance sheet, advancing the long-term potential of the Golden Chest Mine and greatly expanding our holdings within the Murray Gold Belt. Simultaneously building the Company, advancing [...]
New Jersey Mining Company distributed the following letter to Shareholders from NJMC President & CEO John Swallow: At New Jersey, the business dictates the narrative… therefore we take a decidedly different approach to the junior mining industry, one that is unique to our team and asset base. The opportunity to start small and scale into a growing producer in a largely forgotten gold district is very rare and fully [...]
New Jersey Mining Company announced today that recent core drilling intercepted a large interval of potentially bulk-mineable gold mineralization adjacent to the open pit. Informally referred to as the “layback” hole, core drill hole GC 18-175 was recently completed to 96.1 meters. With the open pit previously drilled on 25-meter centers, the layback hole was designed to fill in a gap in previous core drilling [...]
New Jersey Mining Company announced today that recent core drilling intercepted high-grade gold mineralization in the Paymaster Shoot. Late in 2018, New Jersey’s own drill rig conducted a two-hole exploration program in the Paymaster area, targeting the gold-quartz veins associated with the Idaho Fault. Drill hole GC 18-176 was completed to 128.9 meters and GC 18-177 was completed to 150.1 meters – with [...]
New Jersey Mining Company distributed the following letter to Shareholders from NJMC President & CEO John Swallow: Dear Employees and Shareholders, A generous Thank You and Happy New Year to everyone in the New Jersey Family. New Jersey has eight father/son/daughter teams, one husband/wife, and a number of other relationships equally deserving of our sincere and well-intentioned gratitude…. once again, Thank You [...]
New Jersey Mining Company, is providing a high level mid-quarter update on recent corporate and operational activities. NJMC recently presented at the American Exploration & Mining Association Conference, announces progress at the Golden Chest and - the closing of a small private place in Canada. Company representatives gave two technical presentations and NJMC had a booth in the “Core Shack” at the recent [...]
New Jersey Mining Company today announced its consolidated operating and financial results for the third quarter of 2018. The full version of the Company’s interim consolidated financial statements and management’s discussion and analysis can be viewed on the Company’s web site, on SEDAR, and EDGAR. All amounts are expressed in U.S. dollars unless otherwise specified. NJMC CEO and President John Swallow [...]
New Jersey Mining Company today distributed the following Update to Shareholders from NJMC President & CEO John Swallow: Since our President’s Letter in April, we’ve invested a considerable amount of time and money into the Company and felt an update of our progress is warranted, before our hard work gets overshadowed – by more hard work... It has been an extremely busy time. With the intensity of a [...]
New Jersey Mining Company announced today it has increased its overall land position at the Company’s Eastern Star and South Fork project areas in central Idaho. The Company’s Eastern Star and South Fork projects are located approximately one mile apart in the central Idaho Gold Belt, near the small community of Elk City, Idaho. The Elk City Mining District is an historic gold mining region dating back to the [...]
COEUR D'ALENE, Idaho, Sept. 13, 2018 -- New Jersey Mining Company announced today that it has added to its Murray Gold Belt portfolio by staking the Giant Ledge Claim Group , located southeast of the Golden Chest Mine. The Giant Ledge Project consists of 37 un-patented claims and covers the historic Giant Ledge and Raven mines. The Giant Ledge Mining Company was active between the years of 1917 to 1926. According to [...]
COEUR D'ALENE, Idaho, Sept. 06, 2018 -- New Jersey Mining Company announced today that it has added the Butte Gulch patented land package and adjacent lode mineral rights to its Murray Gold Belt land position. Butte Gulch is located directly East and adjacent to the Golden Chest Mine. Our acquisition of the land package in Butte Gulch is an important development for NJMC and advancement of the Murray Gold Belt [...]
New Jersey Mining Company today announced its consolidated operating and financial results for the second quarter of 2018. The full version of the Company’s interim consolidated financial statements and management’s discussion and analysis can be viewed on the Company’s web site, on SEDAR and EDGAR. All amounts are expressed in U.S. dollars unless otherwise specified. Operational Highlights during the [...]
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