North Bay Resources Inc. seeks to acquire, explore, develop, and exploit natural resource properties with reserves of precious metals, including gold, silver, platinum, and palladium, as well as base metals, including copper, zinc, lead and molybdenum. The Company's business plan is based on the Generative Business Model, which is designed to leverage its mining properties and mineral claims into near-term income streams even during the earliest stages of exploration. The Company's Ruby Mine is an underground placer and lode mine located between Downieville and Forest City, in Sierra County, California. The Company focuses on entering into sales, joint-venture, and/or option contracts with other mining companies. The Company's long term plan is to locate and extract gold and silver from its exploration stage properties. The Company also holds interest in Fraser River Project. As of September 30, 2015, the Company had not recognized any mining revenue.