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Trading Symbol - NJMC
Stock Exchange - OTCBB |
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Read David Bond’s article |
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| Read David Bond’s article |
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Golden Chest Mine
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New
Jersey Mining Company
is exploring for and developing gold, silver and base metal ore resources in the Coeur d’Alene Mining District of northern Idaho and western Montana.
The Company has a gold exploration joint venture with Newmont North American Exploration Limited at the Toboggan Project near Murray, Idaho. The Company’s portfolio of mineral properties also includes: the Niagara copper-silver deposit, the Golden Chest mine, the New Jersey mine, the Silver Strand mine and several exciting exploration prospects.
The Company’s strategy is to explore for gold, silver and base metal deposits in the Coeur d’Alene Mining District, a world class mining district, while concurrently mining and processing higher grade resources at its New Jersey mill facility near Kellogg, Idaho. Our financial strategy is to generate cash from these operations, thus reducing the need to raise funds through financing activities including the sale of common stock.  |
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Reserves and Resources
View
NJM Intro Video wmv
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Company-designed Mine Car Dumps Coleman Ore at New Jersey Mill.
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May 15, 2008 
New Jersey Mining Company Raises Funds and Plans Exploration
KELLOGG, IDAHO
New Jersey Mining Company (NJMC: OTCBB) is pleased to announce that it has raised $1,740,000 from the exercise of warrants held by current shareholders. A total of 4,350,000 warrants were exercised at a price of $0.40 per share. Proceeds are planned to be used to further the exploration of the Company’s gold, copper and silver properties.
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