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Monday, 15th December 2008 (1534 views)

North Bay Resources has revealed that it has acquired the Argo gold property in British Columbia, Canada.

Located ten kilometres west of the south end of Tatlayako Lake in south-west British Columbia, the Argo gold property covers 1,292 acres and features ten reverted crown grants with a sizeable mineralised area of interest south of Ottarasko Creek.

Target prospects Langara, the Standard and the Argo all have recorded gold mineralisation and the gold property has been located, staked and acquired independently by company personnel.

North Bay recently signed an agreement with Hidalgo Mining International to engage in a new joint-venture for the development of North Bay's Gold Hill project in British Columbia.

Based in Skippack, Pennsylvania, North Bay Resources is engaged in the "acquisition, management and development of precious metal and other mining properties" in order to build a portfolio of viable mining prospects throughout the world.

 

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