0001052918-15-000074.txt : 20150223 0001052918-15-000074.hdr.sgml : 20150223 20150223165705 ACCESSION NUMBER: 0001052918-15-000074 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20150219 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20150223 DATE AS OF CHANGE: 20150223 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NEW JERSEY MINING CO CENTRAL INDEX KEY: 0001030192 STANDARD INDUSTRIAL CLASSIFICATION: GOLD & SILVER ORES [1040] IRS NUMBER: 820490295 STATE OF INCORPORATION: ID FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-28837 FILM NUMBER: 15640377 BUSINESS ADDRESS: STREET 1: 89 APPLEBERG RD STREET 2: PO BOX 1019 CITY: KELLOGG STATE: ID ZIP: 83837 BUSINESS PHONE: 208-783-3331 MAIL ADDRESS: STREET 1: 89 APPLEBERG ROAD STREET 2: PO BOX 1019 CITY: KELLOGG STATE: ID ZIP: 83837 8-K 1 njmc8kfeb2315.htm NEW JERSEY MINING COMPANY FORM 8-K New Jersey Mining Company



UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549


FORM 8-K


Current Report

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934


Date of Report (Date of Earliest Event Reported):  

February 19, 2015

Commission file number: 000-28837


NEW JERSEY MINING COMPANY

(Exact Name of Registrant as Specified in its Charter)


Idaho

82-0490295

(State or other jurisdiction of incorporation or organization)

(I.R.S. Employer Identification No.)



201 N. Third Street, Coeur d’Alene, ID

83814

(Address of principal executive offices)   

(zip code)


Registrant's telephone number, including area code: (208) 783-3331



N/A

(Former Name or Former Address if Changed Since Last Report)


Check the appropriate box below if the Form 8K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


[  ]

Written communications pursuant to Rule 425 under the Securities Act (17CFR230.425)

[  ]

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17CFR 240.14a-12)

[  ]

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[  ]

Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))














Item 7.01. Regulation FD Disclosure.


On February 19, 2015, the Company issued a press release entitled “New Jersey Mining Announces the First Shipments of Concentrate from the New Golden Chest Mine.”  A copy of the press release is attached as Exhibit 99.1 and is incorporated herein by reference.


Exhibit 99.1 shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and will not be incorporated by reference into any registration statement filed under the Securities Act of 1933, as amended, unless specifically identified therein as being incorporated therein by reference.



Item 9.01. Financial Statements and Exhibits

 

 

 

 

(d) Exhibits

99.1

 

Press Release, dated February 19, 2015, entitled “New Jersey Mining Announces the First Shipments of Concentrate from the New Golden Chest Mine.”










SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.  



NEW JERSEY MINING COMPANY


By:   /s/ R. Patrick Highsmith


R. Patrick Highsmith,

its: President

Date: February 23, 2015




EX-99 2 ex99.htm NEWS RELEASE New Jersey Mining Company

Exhibit 99

[ex99001.jpg]


New Jersey Mining Announces the First Shipments of Concentrate from the New Golden Chest Mine


COEUR D'ALENE, Idaho, February 19, 2015 (GLOBE NEWSWIRE) -- New Jersey Mining Company (OTCQB:NJMC) (“NJMC” or the “Company”) today announced shipments of approximately 100 tonnes of gold concentrate in five 20-tonne lots from its New Jersey Mill in Kellogg, Idaho.  


The flotation concentrates are derived from ore produced at the nearby Golden Chest Mine by Juniper Mining LLC. Proceeds from the sale of the concentrates accrue to Gold Hill Reclamation and Mining Inc (“Gold Hill”), the lessee of the Golden Chest Mine. NJMC processes the ore at its New Jersey Mill, generating cash from milling fees and its share of a 2-percent NSR royalty on gold production.


The flotation concentrates contain gold, silver, and significant base metal (zinc and lead) sulfides. The total gold contained in the shipped concentrate is estimated at 540 troy ounces; and gold recovery continues to average approximately 94-percent. The mill concentration factor, or the ratio of the gold grade of the concentrate to that of the ore has been greater than 35:1, exceeding expectations.


The Golden Chest Mine commenced ore production in December 2014 and is operating in a ramp-up period, during which development is driving to deeper levels while ore production is building towards design capacity of approximately 300 tonnes per day. The gold grade of the concentrates has increased with each 20-tonne lot, reflecting the progression of mining from the upper margin of the orebody down into the higher-grade core of the deposit.    


Visit the NJMC website (http://www.newjerseymining.com) to see photos and videos from the Golden Chest Mine and New Jersey Mill.


In September 2013, Golden Chest LLC leased the Skookum Shoot area to Juniper Resources LLC, granting it the exclusive right to conduct exploration, feasibility work, development, mining and processing minerals on the leased premises for 39 months. Juniper Resources subsequently assigned the lease to affiliate company Gold Hill Reclamation and Mining Inc. (“Gold Hill”). Juniper Mining LLC operates the Golden Chest Mine on behalf of Gold Hill.



New Jersey Mining Company     Ÿ     201 N. 3rd Street     Ÿ     Coeur dAlene, Idaho 83814



About New Jersey Mining Company

New Jersey Mining Company is headquartered in north Idaho where it built and is the majority-owner and operator of a fully-permitted, recently-upgraded, 360-tonne per day flotation mill and concentrate leach plant. The Company is manager and 47.88-percent owner of Golden Chest LLC, which owns the Golden Chest Mine, an historic lode gold producer on patented claims near Murray, Idaho. Golden Chest LLC leased the Skookum Shoot area to Gold Hill Reclamation and Mining Inc. NJMC is processing Golden Chest ore at its New Jersey Mill, generating cash through milling fees and a 2-percent NSR royalty on gold production that is forecast to continue well into 2016.

The Company's common stock trades on the OTC Market under the symbol "NJMC."

CONTACT: For more information on New Jersey Mining Company, please contact:

         Patrick Highsmith, President and Chief Executive Officer

         Email: phighsmith@newjerseymining.com


Forward Looking Statements

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended that are intended to be covered by the safe harbor created by such sections. Such statements are based on good faith assumptions that New Jersey Mining Company believes are reasonable but which are subject to a wide range of uncertainties and business risks that could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements.

Such factors include, among others, the risk that anticipated production levels are not attained, the risk that the mine plan changes due to rising costs or other operational details, the risk that different portions of the mineral deposit respond differently to processing, the risk that Juniper’s internal engineering studies are incorrect, the risks and hazards inherent in the mining business (including risks inherent in developing large-scale mining projects, environmental hazards, industrial accidents, weather or geologically related conditions), changes in the market prices of gold and silver and a sustained lower price environment, as well as other uncertainties and risk factors. Actual results, developments and timetables could vary significantly from the estimates presented. Readers are cautioned not to put undue reliance on forward-looking statements. NJMC disclaims any intent or obligation to update publicly such forward-looking statements, whether as a result of new information, future events or otherwise.



New Jersey Mining Company     Ÿ     201 N. 3rd Street     Ÿ     Coeur dAlene, Idaho 83814


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