FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person * Swallow John   2. Issuer Name and Ticker or Trading Symbol NEW JERSEY MINING CO [NJMC] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director __X__ 10% Owner __X__ Officer (give title below) _____ Other (specify below) President (Last) (First) (Middle) 201 N THIRD STREET 3. Date of Earliest Transaction (Month/Day/Year) 12/29/2016 (Street) COEUR D'ALENE, ID 83814 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common stock (1) 12/29/2016   P   800,000 A $ 0.1 14,077,003 D   Common stock (2) 12/30/2016   P   500,000 A $ 0.1 14,577,003 D

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Warrant

$ 0.2

12/29/2016

P

400,000

12/29/2016

01/31/2020

Common stock

400,000

$ 0.2

2,450,000

D

Director's Stock Options (Right to Buy) (3)

$ 0.15

12/30/2016

A

125,000

12/30/2016

12/30/2019

Common stock

125,000

$ 0

2,575,000

D

Director's Stock Option (Right to buy) (3)

$ 0.15

12/30/2016

A

125,000

12/29/2017

12/30/2019

Common stock

125,000

$ 0

2,700,000

D

Director's Stock Option (Right to buy)

$ 0.1

12/30/2016

X

250,000

04/30/2014

04/30/2017

Common stock

250,000

$ 0.1

2,450,000

D

Director's Stock Option (Right to buy)

$ 0.1

12/30/2016

X

250,000

04/30/2015

04/30/2018

Common stock

250,000

$ 0.1

2,200,000

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Swallow John 201 N THIRD STREET COEUR D'ALENE, ID 83814	X	X	President

Signatures

/s/ John Swallow		01/03/2017
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Common Stock and Warrants purchased on 12/29/2016 were sold together as Units in the Issuer's private placement at a sale price of $.20 per Unit. Each Unit consisted of two (2) shares of Common Stock and one (1) Warrant to purchase one (1) share of Common Stock at $.20 per share for a period of 36 months. The average price per share was $.10.
(2)	Common Stock purchased on 12/30/2016 was an exercise of Director's Stock Options.
(3)	The Director's options granted on 12/30/16 vest as follows: 125,000 on 12/30/2016, and 125,000 on 12/29/2017.

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