North Bay Executes Joint-Venture Agreement on Silver Leaf Property

North Bay Resources Inc. announce that it has finalized and signed a contract with Hidalgo Mining International Inc. to engage in a joint-venture for the development of North Bay’s Silver Leaf Property. Terms of the agreement call for Hidalgo to commit up to $1.25 million US over three years for developmental drilling and surface ore recovery. North Bay and Hidalgo will each own 50% of the Silver... 

Hidalgo Mining International (HMIT) Announces the Execution of JV Agreement With North Bay Resources Inc.

Hidalgo Mining International, an innovative mining company headquartered in Port Washington, N.Y., announced today that it has finalized and signed a contract with North Bay Resources Inc. to engage in a joint-venture for the development of North Bay’s Silver Leaf Property. With the signing of the Agreement, Hidalgo now has a 50% undivided interest in the Silver Leaf Property and will equally...