NEW Jersey Mining Co: management transactions · United States · SEC (Form 4)

About NEW Jersey Mining Co

New Jersey Mining Company is a U.S.-listed mining issuer traded on the NYSE/NASDAQ universe and based in the United States. Founded in 1996 as an Idaho corporation, the company has evolved into a niche precious-metals and critical-minerals business with a compact asset base rather than a broad diversified portfolio. For investors, the key point is that this is a small, operationally focused mining company whose value proposition is tied to a limited number of assets, local geological knowledge, and the ability to efficiently process and monetize ore in a challenging commodity environment. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1030192/000105291815000115/njmc10kmar3115final.htm?utm_source=openai)) Its core operating asset is the Golden Chest Mine near Murray, Idaho, which is the company’s principal production-stage mine. The property includes both underground and open-pit mining areas, alongside an exploration component on adjacent land. A second strategic asset is the New Jersey Mill in Idaho, which has historically provided processing capacity for ore from Golden Chest and has been central to the company’s integrated mine-and-mill operating model. According to the latest annual report, in 2025 the New Jersey Mill processed 41,840 tonnes at an average head grade of 10.14 grams per tonne gold with 93.0% gold recovery. The same filing notes that remaining capacity at the current tailings storage facility is expected to last until processing moves to a new mill at Golden Chest in 2027. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0001030192/000165495426002560/idr_10k.htm?utm_source=openai)) From a competitive standpoint, New Jersey Mining Company is best viewed as a small-cap gold producer with high operating leverage to gold prices, but also with elevated single-asset and execution risk. Its relative strengths include a long operating history in the Coeur d’Alene mining district, established infrastructure, and control over both extraction and processing steps. That integrated setup can be advantageous in terms of operational flexibility and margin capture. At the same time, the company’s scale is modest, its asset concentration is high, and its financial and production performance can be sensitive to grade variability, permitting, and mill availability. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0001030192/000165495426002560/idr_10k.htm?utm_source=openai)) Recent developments point more toward optimization than aggressive geographic expansion. The latest filings indicate continued work on the transition to a new mill configuration at Golden Chest, the decommissioning of some legacy equipment at the New Jersey Mill, and ongoing management of tailings and reclamation-related obligations. The company also retains exploration exposure to strategic mineral properties, which adds longer-dated optionality, although these assets should not be overemphasized in near-term valuation. Overall, for French-speaking investors, the profile is that of a U.S.-based microcap miner with a long history, a focused operating footprint, and meaningful sensitivity to precious-metals markets and project execution. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0001030192/000165495426002560/idr_10k.htm?utm_source=openai))