A Long Mining and Milling Heritage
New Jersey Mining Company is headquartered in north Idaho, where it is currently in production at its Golden Chest Mine. It is deploying its mining and milling expertise to build a portfolio of advanced-stage assets with near-term cash flow potential and leverage to higher gold prices.
NJMC built and is majority owner and operator of the New Jersey Mill, a 360-tonne per day flotation mill and cyanide leach plant. It also owns and operates the Golden Chest Mine project, where open pit mining is underway and underground mining is expected to resume in early-2017. The Company also holds a 50-percent interest in the fully-permitted Butte Highlands Gold project.
Company assets were developed with more than $50-million of investment dollars from NJMC and other companies. Management owns more than 15-percent of NJMC stock and has participated in prior financings and made purchases in the open market.
The Company’s common stock trades on the OTC-QB Market under the symbol “NJMC.”