North Bay Resources Announces Physical Gold + Shares Unit Financing

Group 1 - North Bay Resources, Inc. is conducting a private placement offering for accredited investors, aiming to raise up to $1,000,000 USD through the sale of Units consisting of 60% Common Shares and 40% physical gold [1][2] - Each Unit is priced at $0.001 USD, equating to 10,000,000 shares and 1.3 ounces of gold per $10,000 investment, with a post-closing valuation of approximately $5,500,000 USD if fully subscribed [2] - The offering is expected to close on or before July 31, 2025, with no commissions or agent fees involved [3] Group 2 - The Company operates the Bishop Gold Mill and several mining projects, including the Fran Gold Project, which has a recently discovered bulk tonnage deposit [6] - The Fran Gold Project has a current resource estimate of 20,035,146 tonnes at an average grade of 0.50 g/t, totaling 323,170 troy ounces of gold [8] - Additional exploration has identified a larger resource estimate of 43,797,234 tonnes at an average grade of 0.34 g/t, totaling 474,001 troy ounces of gold [10]