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James Bay Minerals Limited ( (AU:BKB) ) just unveiled an announcement.
Black Bear Minerals Limited has commenced its maiden drilling program at the Shafter Silver Project in Texas, targeting extensions to mineralization beyond the existing 17.6Moz foreign Mineral Resource Estimate. The initial phase involves drilling 11 diamond holes totaling approximately 2,250 meters, aiming to delineate key geological trends and assess the multi-commodity potential of the site. The project is strategically significant due to its potential to contribute to domestic silver supply in the USA, a country heavily reliant on imports for this critical mineral.
More about James Bay Minerals Limited
Black Bear Minerals Limited operates in the mining industry, focusing primarily on silver exploration and extraction. The company is engaged in aggressive exploration programs to expand its mineral resource estimates, with a strategic focus on the Shafter Silver Project in Texas, USA.
Average Trading Volume: 884,504
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$103.4M
For a thorough assessment of BKB stock, go to TipRanks’ Stock Analysis page.