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Companies: New Jersey Mining Company (NJMC)

New Jersey Mining Premium Profile

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Description

New Jersey Mining Company is an emerging gold producer headquartered in north Idaho. The Company is focused on diversifying and increasing cash flows through a portfolio of mineral properties including: The Golden Chest Mine (currently in production), a majority ownership in the nearby New Jersey Mill, and 50% carried interest in the past producing Butte Highlands Mine located in Montana.

The Company anticipates initial production of approximately 15,000-20,000 ounces of gold from the Golden Chest Mine over the next two years with the potential to increase resources and extend mine life

The Butte Highlands Mine development stage project is fully permitted, with more than 5,200 feet of underground development completed.  Once in production, the Butte Highlands project is estimated to produce approximately 35,000 ounces of gold per year during the first five years of full production.

It’s status as an emerging gold producer as well as its ownership interests in the New Jersey Mill and Butte Highlands JV, set NJMC apart from other junior resource companies. These assets were developed with more than $50-million of investment dollars from New Jersey and other companies. In addition to its producing and near-term production projects, New Jersey Mining Company has several exploration prospects, including the McKinley, Eastern Star and Toboggan projects.

Management owns more than 17-percent of NJMC stock and has participated in prior financings and made purchases in the open market.

Contact Information:

  • 201 N. 3rd Street
  • Coeur d'Alene, ID 83814

 

Financial Reporting/Disclosure

Reporting Status U.S. Reporting: SEC Reporting
Audited Financials Audited
Latest Report Jun 30, 2016 10-Q
CIK 0001030192
Fiscal Year End 12/31
OTC Marketplace OTCQB

Profile Data

SIC - Industry Classification 1040 - Gold and Silver Ores
Business Status
Development Stage Company 
Incorporated In: ID, USA


Employees 6 a/o Feb 11, 2015

Company Officers/Contacts

John Swallow

President & CEO

Grant A. Brackebusch

Vice President

Monique Hayes

Corporate Secretary


 
Company Directors
 Delbert Steiner Chairman
 John Swallow  Director
 Kevin Shiell  Director
 Grant Brackebush  Director

Company Notes

  • Formerly=Plainview Mining Co. until 1-98

Service Providers

Accounting/Auditing Firm
DeCoria, Maichel & Teague P.S.
7307 N. Division
Suite 222
Spokane, WA, 99208
United States

Legal Counsel
Lyons O'Dowd, PLLC
P.O. Box 131
83816-0131
United States

Investor Relations 

monique@newjerseymining.com


 
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