on B&N Mining, Inc.
B&N Mining Project Finds Significant Gold and Silver Presence in California Mining Districts
B&N Mining Inc. has finished a surface sampling program that spotted significant gold mineralization across land it acquired in historic California mining districts known for gold, silver, and tungsten production. This completion was announced on April 11, 2024, highlighting the areas' promising mineral wealth.
In 2023, Robert Binkele, the co-founder and manager of B&N Mining, purchased land in the Atolia and Randsburg mining districts. This initiative appears to revitalize the mining district to its former glory from the mining boom era. Analysis of rock chip samples conducted in Reno, Nevada, showed significant anomalous gold values, with results revealing increased strike length from 3,000 feet to over 7,000 feet of surface gold mineralization.
Following this discovery, B&N Mining is developing a drilling plan to explore further into the Kelly Southwest Gold Deposit and the Black Hawk mine. The company aims to complete this program by 2024's end and expects this to lead to a new mineral resource estimate compliant with NI43-101 standards. This advancement could set the stage for an IPO or further exploration and development activities.
R. H.
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