A Long Mining and Milling Heritage
New Jersey Mining Company (NJMC) is headquartered in north Idaho where it built and is the majority-owner and operator of a fully-permitted, recently-upgraded, 400-ton per day flotation mill and concentrate leach plant. The Company is manager and 47.88-percent owner of Golden Chest LLC, which owns the Golden Chest Mine, an historic lode gold producer on patented claims near Murray, Idaho. Golden Chest LLC leased the Skookum Shoot area to Gold Hill Reclamation and Mining Inc. NJMC is processing Golden Chest ore at its New Jersey Mill, generating cash through milling fees and a 2-percent NSR royalty on gold production that is forecast to continue through mid-2016.
The Company’s common stock trades on the OTC Market under the symbol “NJMC“.Learn More