North Bay Resources Inc. (OTC:NBRI) has announced the acquisition of a 100% interest in the Copper Island Red-Bed Copper Project, located in British Columbia, boasting assays up to 14.7% Cu. Additionally, Jared Lazerson has been appointed as the new CEO, succeeding Perry Leopold.

Copper Island Project Highlights

North Bay’s acquisition, valued at $550,000 in shares and cash, also includes a $50,000 work program on the 1056 hectare site. The property, close to the Wolf Lake Project, shows promising copper and gold values from recent exploration.

Project Strategic Value

The Copper Island Project features high-grade copper mineralization within Triassic volcanic rocks. Historic efforts and modern exploration have highlighted regions with significant copper and silver.

Leadership and Strategy

Jared Lazerson brings extensive experience in mineral exploration and technology to North Bay as the new CEO and Director. His tenure at MGX Minerals showcased a strong track record of strategic acquisitions and technological advancements.

Investment and Future Prospects

With strategic share restructuring and employee incentive options, North Bay Resources is poised for further exploration endeavors and potential market uplifting. The acquisition and leadership changes signal strong future direction for the company.

Qualified Oversight

Andris Kikauka (P.Geo), with robust experience in mineral projects, has reviewed and endorsed the technical intricacies of this announcement.

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