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James Bay Minerals Advances Drilling at Independence Gold Project

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James Bay Minerals Advances Drilling at Independence Gold Project

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The latest announcement is out from James Bay Minerals Limited ( (AU:JBY) ).

James Bay Minerals Limited has completed six drill holes and obtained strong rock chip results at its Independence Gold Project in Nevada. This phase of drilling aims to extend mineralization beyond the current resource estimate, with assay results expected in Q1 2025. The recent rock chip samples have yielded high-grade gold results over a significant strike length, indicating promising targets for future drilling. The company plans to initiate a larger Phase 2 drill program in Q1 2025, focusing on new targets with high-grade gold findings, thus potentially enhancing its resource base and market position.

More about James Bay Minerals Limited

James Bay Minerals Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources, specifically gold. The company is actively engaged in the Independence Gold Project located in Lander County, Nevada, USA.

YTD Price Performance: 4.24%

Average Trading Volume: 476,193

Technical Sentiment Consensus Rating: Strong Sell

Find detailed analytics on JBY stock on TipRanks’ Stock Analysis page.

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