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[December 2009]

North Bay Resources Acquires Zippa Mountain Wollastonite Property

North Bay Resources Inc (Skippack, PA, USA) has acquired a 100% undivided interest in the Zippa Mountain Wollastonite Property in north-western British Columbia, Canada.

The Zippa Mountain Wollastonite Property (also known as ISK Wollastonite) covers 2,456 hectares (6,066 acres) approximately 240km north-west of the town of Smithers, BC and about 70km north-east of Wrangell, Alaska.

According to BC Assessment Report 25449, six wollastonite deposits have been discovered and evaluated in the vicinity of Zippa Mountain. These are the Bril, Cliff, Bartnick, Glacier, Brys and Slimjaw deposits. The geological resource estimate for all six wollastonite showings is 50 million tonnes.

The North Bay claims contain four of these deposits; the Cliff, Bartnick, Brys and Slimjaw. Of these, the Cliff (so named because it represents a 100 metre plus cliff of high-grade wollastonite) is considered the best and is estimated to contain 2 million tonnes of open pittable, high aspect ratio ore grading 80% wollastonite.

As well, a pre-feasibility study contained in Assessment Report 24540 states that samples from all of the deposits show high-grade wollastonite, but it ranked the Cliff and Bartnick deposits as the best targets as both are amenable to low-cost surface mining. The pre-feasibility study, which was completed prior to the adoption of NI 43-101 standards and is therefore considered a historical assessment, concluded that:

Wollastonite is an industrial commodity and is the only naturally occurring, non-metallic, white acicular mineral. Because of its unique cleavage properties, wollastonite breaks down during crushing and grinding into needle-shaped particles of varying acicularity. This particle morphology imparts high strength and is of considerable importance in many markets and applications, ranging from plastics and ceramic tile to vehicle brake pads, thermal insulation board, paints and protective industrial coating. It is also used as a replacement for short-fibre milled fibreglass and short-fibre asbestos. The combination of high brightness and low gas release when heated creates a major demand in the ceramics industry and the brilliant whiteness is of major importance to its use in the coatings industry and filler markets.

www.northbayresources.com




ENDS


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