A method for spin magnetic resonance applications in general, and for performing NMR (nuclear magnetic resonance spectroscopy) and MRI (nuclear magnetic resonance imaging) in particular is disclosed. It is a quantum theory-based continuous precision method. This method directly makes use of spin magnetic resonance random emissions to generate its auto-correlation function and power spectrum, from which are derived spin relaxation times and spin number density using strict mathematical and physical equations. This method substantially reduces the NMR/MRI equipment and data processing complexity, thereby making NMR/MRI machines less costly, less bulky, more accurate, and easier to operate than the pulsed NMR/MRI. By employing extremely low transverse RF magnetic B.sub.1 field (around 0.01 Gauss), MRI with this method is much safer for patients. And, by employing continuous spin magnetic resonance emissions, NMR with this method is of virtually unlimited spectral resolution to satisfy any science and engineering requirements.