 COEUR DALENE, ID ACCESSWIRE October 18, 2021 New Jersey Mining Company OTCQB:NJMC NJMC or the Company is pleased to announce it has closed a 1.98 million private placement from 13 investors. Proceeds from the private placement will be used for a 10-hole core drilling program on the Companys Diamond Creek Rare Earth Element property and for the purchase of and down payments on equipment upgrades expected to result in increased gold production from the Skookum in the near-term. 