B&N Mining Inc. Plans Comprehensive Drilling Program in Historic California Mining Districts
B&N Mining Inc. has announced plans for a comprehensive drilling program in historic California mining districts known for their rich gold, silver, and tungsten deposits. The company recently completed a surface sampling program that confirmed significant areas of anomalous gold mineralization on land it acquired in the Atolia and Randsburg mining districts.
The region, famous for its diverse metal deposits mined in close proximity, is experiencing a revival of interest due to rising metal prices and technological advancements. B&N Mining’s surface rock outcrop samplings revealed promising results, with 53 out of 91 samples showing significant anomalous gold values.
The company is now developing a new drilling program to explore areas around the Kelly Southwest Gold Deposit and the historic Black Hawk mine. Project manager Sam Shoemaker expressed excitement about the potential for extending known gold deposits and discovering new high-grade mineralization.
With plans for 33 diamond core drill holes to validate historical data and prepare a new mineral resource estimate, B&N Mining aims to complete the program by the end of 2024. Depending on the findings, the company may consider an initial public offering (IPO) and further exploration and development activities.
Accredited investors have until May 31, 2024, to participate in this unique investment opportunity in the Atolia and Randsburg district project. For more information, interested parties can contact B&N Mining Properties LLC via email at info@bnmining.com or by phone at 760-409-7117.
B&N Mining Properties LLC is dedicated to revitalizing the Rand Mining District and unlocking its untapped gold potential amidst a favorable market environment for precious metals.