Significant Gold And Silver Finds By B&N Mining In California's Historic Districts

B&N Mining Inc. has recently unveiled results from a comprehensive surface sampling program on its newly acquired land within the historic Atolia and Randsburg mining districts in California, known for their rich deposits of gold, silver, and tungsten. The findings have revealed significant areas of anomalous gold mineralization, marking a promising development in the revival of these famed mining districts. In 2023, Robert Binkele, co-founder and manager of B&N Mining Properties, LLC, spearheaded the acquisition, aiming to leverage the rising metal prices and advanced technology to restore the district's former mining glory.

The surface rock outcrop samplings were conducted meticulously and analyzed by the global testing company ALS in Reno, Nevada. Out of 91 rock chip samples, 53 showed significant anomalous gold values (greater than 0.2 ppm gold), indicating a substantial presence of gold. This exploration was part of an effort to investigate down-dip extensions of a wide zone of anomalous gold mineralization previously identified at the Black Hawk mine. The anomaly boasts gold values ranging from 1 ppm to an impressive 164 ppm over a total strike length of 1,200 feet. The recent sampling efforts have successfully extended the known strike length of surface gold mineralization from 3,000 feet to over 7,000 feet.

Sam Shoemaker from John T. Boyd Company and project manager for B&N Mining expressed optimism about the findings. "The surface sampling program has confirmed a large area of anomalous gold mineralization exists," he stated. He further highlighted the potential impact of these discoveries on extending the Kelly Southwest Gold Deposit to the west and north and emphasized the significance of the high-grade gold encountered at the Black Hawk mine.

In response to these promising results, B&N Mining is planning an ambitious drilling program that includes another 33 diamond core holes aimed at exploring the Black Hawk and Kelly sites further and validating historical drill holes. The company anticipates completing this program by the end of 2024. Following this phase, B&N Mining intends to prepare a new NI43-101-compliant mineral resource estimate. Depending on these outcomes, decisions regarding an initial public offering (IPO), further exploration, permitting, and development will be made.

For investors looking for unique opportunities, B&N Mining’s project in the Atolia and Randsburg district presents an intriguing option. This opportunity is available exclusively to accredited investors until May 31, 2024. Interested parties can seek more information by contacting B&N Mining directly.

About B&N Mining Properties LLC: B&N Mining Properties, LLC is at the forefront of revitalizing the Rand Mining District amidst favorable commodity prices, global supply constraints in minerals and metals, and untapped gold potential.