New Jersey Mining Intersects 1.48 g/t Au Over 42.5 Meters  

KELLOGG, ID - New Jersey Mining Company reported the drill intercept of 42.5 meters of 1.48 g/t gold (true thickness) in drill hole GC 11-86 from a core drilling program underway at the Golden Chest mine in Murray, Idaho. The Golden Chest is owned 50% by NJMC and 50% by Marathon Gold Corporation and NJMC is the operator.

"The 2011 exploration program at the Golden Chest successfully demonstrated that the property has robust gold grades and thicknesses in near-surface veins that are attractive in an open pit mining scenario. Additionally, the 2011 drilling extended the Idaho vein underground resource at depth and the mineralization remains open ended at depth and along strike. A total of 11,300 meters were drilled in 2011. We look forward to larger drilling program in 2012 as there is excellent potential to increase the open pit and underground resource of this property," commented NJMC Vice President Grant Brackebusch.