September 09, 2013
New Jersey Mining Company Announces Option to Lease Agreement for the Skookum Shoot of the Golden Chest Mine
August 30, 2013
New Jersey Mining Company Announces Changes to Its Management Team and Board of Directors
January 17, 2013
New Jersey Mining Company Reports Updated Resource Estimate for the Golden Chest
September 27, 2012
New Jersey Mining Company Leases Claims to Hecla Silver Valley, Inc.
September 11, 2012
New Jersey Mining Company Extends High Grade Gold Interval at the Golden Chest Mine
March 5, 2012
New Jersey Mining Company Reports Initial Resource Estimate for the Golden Chest Mine
February 28, 2012
New Jersey Mining Company Intersects 2.20 g/t Gold Over 26.2 Meters at the Golden Chest Mine
February 2, 2012
New Jersey Mining Company Finds High Grade Vein and Announces Start of Drilling Program
January 10, 2012
New Jersey Mining Company Intersects 1.48 g/t Gold Over 42.5 Meters at the Golden Chest Mine
Golden Chest Mine Tech Report April 2012
Click here to view report (PDF 3MB)
A 225 troy ounce bar of
gold-silver dore' (31.3% gold)
produced at the New Jersey mill.
NJM Video Introduction
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New Jersey Mining Company
P.O. Box 1019
Kellogg, Idaho 83837
New Jersey Mining Company
New Jersey Mining Company (NJMC) recently introduced a new management team which is implementing a new strategic plan, building upon its strong asset base and focused on generating cash flow from its mill and small-scale production opportunities.
NJMC is located in the Silver Valley mining region of North Idaho where it built and owns a fully-permitted 360 tonne per day flotation mill and concentrate leach plant. The mill underwent a $3.2-million expansion in 2011 in exchange for a guaranteed milling agreement. The Company is guaranteed 3,000 tonnes of ore per month plus all unused and excess capacity.
The Company also owns a 47.88-percent interest in the Golden Chest Joint Venture, which controls the Golden Chest Mine, an historical gold producer with more than 12,000 feet of underground workings. Since 2003, more than $6-million has been spent on exploration, drilling, and development at the Golden Chest Mine, including more than $5-million by Marathon Gold since 2010. The Golden Chest Joint Venture recently optioned a portion of the Golden Chest Mine to Juniper Resources, a mine development and production company that will fund a drill program to evaluate the production potential of the Skookum Shoot portion of the mine.
“This website contains information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC’s mining guidelines strictly prohibit information of this type in documents filed with the SEC. Investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. “