KELLOGG, Idaho, Nov. 4, 2009 (GLOBE NEWSWIRE) -- New Jersey Mining Company (OTCBB:NJMC) announced today the drilling results from the first five holes of this year's first phase drilling program at the Toboggan project. Included in the intercepts is an intercept of the Gold Butte structure which graded 2.52 grams per tonne (gpt) gold over a 4.0 meter interval including one meter of 7.15 gpt. The Toboggan project is a gold exploration joint venture between New Jersey Mining Company and Newmont North America Exploration Limited (Newmont), a subsidiary of Newmont Mining Corporation (NYSE:NEM).

Drilling finished for the season on October 8th with a total of six holes completed for 1,359 meters with two holes drilled at each of the following prospects: Mineral Ridge, Golden Reward and Gold Butte. The purpose of the this year's drill program was to utilize previously permitted drill sites to investigate geochemical soil anomalies, geophysical anomalies, and also to gain a better understanding of the geology since surface exposure is very limited due to vegetation. The results from this year's program will be used to refine targets for next year's planned larger drilling program.

Drilling data are summarized below. Gold assays are reported as ppb or parts per billion and mildly anomalous is considered 15 ppb and above and strongly anomalous is considered 100 ppb and above. Tellurium assays are reported as ppm or parts per million. Samples were typically cut in one meter intervals.

 DDH09-01 - Mineral Ridge
   * Drilled to a depth of 336.8 meters (m) at 45 degrees due
     east to explore a soil anomaly.
 DDH09-02 - Mineral Ridge
   * Drilled to a depth of 153.8m at 70 degrees due east to explore
     down-dip mineralization found in DDH09-01.
 DDH09-03 - Golden Reward
   * Drilled to a depth of 62.0m before abandonment due to lost
     tools.  Inclined at 45 degrees and drilled easterly to explore
     a soil anomaly.
 DDH09-04 - Golden Reward
   * Drilled parallel to DDH09-03 to a depth of 354.4m to explore a
     soil anomaly.
 DDH09-05 - Gold Butte
 * Drilled westerly to a depth of 161.8m to explore down-dip
   extension of a pyritic vein and quartz-sulfide mineralization
   that outcrops nearby.
 DDH09-06 - Gold Butte
 * Drilled easterly to a depth of 289.8m to explore a geophysical
   anomaly.  Assays pending.
 DDH09-01
   * Depth of 336.8m
   * No. of samples:  70
   * Not anomalous (below 15 ppb):  13
   * Anomalous (15 to 100 ppb):  41
   * Anomalous ( +100 ppb):  16
   * Maximum gold value: 585 ppb or 0.59 grams per tonne
   * Best zone: 25.2m @ 85 ppb gold and 0.216 ppm tellurium from
     96.8m to 122.0m
 DDH09-02
   * Depth of 153.8m
   * No.