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<SEC-DOCUMENT>0001062993-10-000754.txt : 20100315
<SEC-HEADER>0001062993-10-000754.hdr.sgml : 20100315
<ACCEPTANCE-DATETIME>20100315142324
ACCESSION NUMBER:		0001062993-10-000754
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20100312
ITEM INFORMATION:		Unregistered Sales of Equity Securities
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20100315
DATE AS OF CHANGE:		20100315

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NEW JERSEY MINING CO
		CENTRAL INDEX KEY:			0001030192
		STANDARD INDUSTRIAL CLASSIFICATION:	GOLD & SILVER ORES [1040]
		IRS NUMBER:				820490295
		STATE OF INCORPORATION:			ID
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-28837
		FILM NUMBER:		10680799

	BUSINESS ADDRESS:	
		STREET 1:		89 APPLEBERG RD
		STREET 2:		PO BOX 1019
		CITY:			KELLOGG
		STATE:			ID
		ZIP:			83837
		BUSINESS PHONE:		208-783-3331

	MAIL ADDRESS:	
		STREET 1:		89 APPLEBERG ROAD
		STREET 2:		PO BOX 1019
		CITY:			KELLOGG
		STATE:			ID
		ZIP:			83837
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>form8k.htm
<DESCRIPTION>CURRENT REPORT
<TEXT>
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   <TITLE>New Jersey Mining Company: Form 8-K - Filed by newsfilecorp.com</TITLE>
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<P align=center><B><FONT size=5>UNITED STATES</FONT></B><BR><B><FONT
size=5>SECURITIES AND EXCHANGE COMMISSION</FONT></B><BR><B>Washington, D.C.
20549<BR></B><BR><B><FONT size=5>FORM 8-K</FONT><BR></B><BR><B>CURRENT
REPORT</B><BR>Pursuant to Section 13 or 15(d) of the Securities Exchange Act of
1934<BR><BR><B><U>March 12, 2010</U><BR></B>Date of Report (Date of earliest
event reported)<BR><BR><B><FONT size=5><U>New Jersey Mining
Company</U></FONT></B><BR>(Exact name of registrant as specified in its
charter)<BR></P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=center><B><U>Idaho </U></B></TD>
    <TD align=center width="33%"><B><U>000-28837 </U></B></TD>
    <TD align=center width="33%"><B><U>82-0490295 </U></B></TD></TR>
  <TR vAlign=top>
    <TD align=center>(State or other jurisdiction of </TD>
    <TD align=center width="33%">(Commission File Number) </TD>
    <TD align=center width="33%">(IRS Employer Identification No.) </TD></TR>
  <TR vAlign=top>
    <TD align=center>incorporation) </TD>
    <TD align=center width="33%">&nbsp; </TD>
    <TD align=center width="33%">&nbsp; </TD></TR></TABLE><BR>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=center><B>89 Appleberg Road </B></TD>
    <TD align=center width="50%">&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD align=center><U><B>Kellogg, Idaho </B></U></TD>
    <TD align=center width="50%"><U><B>83837 </B></U></TD></TR>
  <TR vAlign=top>
    <TD align=center>(Address of principal executive offices) </TD>
    <TD align=center width="50%">(Zip Code) </TD></TR></TABLE>
<P align=center><B><U>(208) 783-3331<BR></U></B>Registrant's telephone number,
including area code</P>
<P align=center><B><U>NOT APPLICABLE<BR></U></B>(Former name or former address,
if changed since last report)</P>
<P align=justify>Check the appropriate box below if the Form 8-K filing is
intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:</P>
<P align=justify>____ Written communications pursuant to Rule 425 under the
Securities Act (17 CFR 230.425)</P>
<P align=justify>____ Soliciting material pursuant to Rule 14a-12 under the
Exchange Act (17 CFR 240.14a -12)</P>
<P align=justify>____ Pre-commencement communications pursuant to Rule 14d-2(b)
under the Exchange Act (17 CFR 240.14d -2(b))</P>
<P align=justify>____ Pre-commencement communications pursuant to Rule 13e-4(c)
under the Exchange Act (17 CFR 240.13e -4(c))</P>
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<!--$$/page=--><A name=page_2></A>
<P align=justify><B>SECTION 1 &#150; SECURITIES AND TRADING MARKETS</B></P>
<TABLE
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cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=left><B>ITEM 3.02</B> </TD>
    <TD align=left width="90%"><B>UNREGISTERED SALES OF EQUITY SECURITIES</B>
    </TD></TR></TABLE>
<P align=justify>On March 12, 2010, the Company closed a private placement of
units. Gross proceeds of $529,500 were realized from the sale of 3,115,000 units
at a price of $0.17. Each unit consists of one share of common stock and one
warrant. Each warrant entitles the holder to acquire one share of common stock
at an exercise price of $0.30 until January 31, 2013.</P>
<P align=justify>In connection with the private placement, the Company agreed to
pay qualified agents a cash compensation fee equal to 10% of the gross proceeds
of the sale of units placed by the agents. The cash compensation fee amounts to
$51,255. Also, should any of the warrants be exercised, the Company will pay a
cash compensation fee of 10% on the warrants placed by the agents.</P>
<P align=justify>The securities of the private placement were not registered under the U.S. Securities Act of 1933, as amended (&#147;Securities Act&#148;), or the securities laws of any state, and are subject to resale restrictions and may not be offered or sold in the United States absent registration under the Securities Act or an applicable exemption from such the registration requirements in accordance with all applicable state securities laws. The securities were placed pursuant to exemptions from registration requirements of the Securities Act provided by Section 506 of Regulation D under the Securities Act and Section 4(2) of the Securities Act, such exemptions being available based on information obtained from the investors in the private placement</P>
<TABLE
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cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=left><B>ITEM 9.01</B> </TD>
    <TD align=left width="90%"><B>FINANCIAL STATEMENTS AND EXHIBITS</B>
  </TD></TR></TABLE>
<P align=justify><B>Exhibits</B></P>
<P align=justify>None</P>
<P align=center><B>SIGNATURE</B></P>
<P align=justify>Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.</P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
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  <TR vAlign=top>
    <TD align=left>&nbsp;</TD>
    <TD align=left width="50%"><B>New Jersey Mining Company</B> </TD></TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD width="50%">&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp;</TD>
    <TD align=left width="50%">Date: March 15, 2010 </TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="50%">By:
      <I>/s/ Fred W. Brackebusch</I> <BR>&nbsp;&nbsp;&nbsp; </TD></TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD width="50%">&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp;</TD>
    <TD align=left width="50%">FRED W. BRACKEBUSCH </TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp;</TD>
    <TD align=left width="50%">President, Chief Executive Officer </TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp;</TD>
    <TD align=left width="50%">and Chief Financial Officer
</TD></TR></TABLE>
<P align=center>2</P>
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