KELLOGG, IDAHO. New Jersey Mining Company (Symbol: NJMC - OTC Bulletin Board) continues exploration drilling at its New Jersey mine near Kellogg. To date two diamond drill holes have been completed.

The first hole, DDH 02-01, was completed to a depth of 305 meters. DDH 02-02 was completed Monday to a depth of 154 meters. DDH 02-02 was targeted to explore a geophysical anomaly discovered during an IP/Resistivity survey. Both holes have been logged by a contract geologist and sections have been identified for sampling. Samples have been sawn the from the core of both holes and submitted to ALS Chemex for analysis. Results are pending.

Assays of drill hole cuttings from DDH 02-01 show the presence of gold mineralization in the interval from 289.6 to 301.8 meters. A quartz vein system containing sulfides was intercepted in DDH 02-02 from 44.0 to 56.6 meters.

About another 1,000 meters of drilling is planned for the New Jersey mine area for the remainder of the year. A portion of the drilling will be under the existing open pit in an effort to increase gold ore reserves. Two holes are also planned to explore for potential base metal- silver deposits in the New Jersey mine area.

Permit applications have been submitted to the USFS for drilling programs at the Lost Eagle and Silver Strand. No word has been received yet as to when permits will be issued.

New Jersey Mining Company is involved in exploring for and developing gold, silver and base metal ore resources in the Coeur d'Alene Mining District of northern Idaho. The Company has a portfolio of five mineral properties in the Coeur d'Alene Mining District: the New Jersey mine, the Silver Strand mine, the Lost Eagle project, the CAMP project and the Wisconsin-Teddy project.