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James Bay Minerals Limited ( (AU:JBY) ) has issued an update.
James Bay Minerals Limited announced promising results from Phase 1 drilling at their Independence Project, indicating significant gold mineralization with assays showing up to 9.4g/t Au and a 520m mineralization extension. These results suggest substantial growth potential, particularly at the Rebel Peak area, with preparations underway for Phase 2 drilling in early 2025, aiming to explore further high-grade targets.
More about James Bay Minerals Limited
James Bay Minerals Limited is an exploration company focusing on mineral resource projects, primarily in the gold sector. The company is actively engaged in developing the Independence Project located in Lander County, Nevada.
YTD Price Performance: -15.25%
Average Trading Volume: 254,386
Technical Sentiment Consensus Rating: Strong Sell
For a thorough assessment of JBY stock, go to TipRanks’ Stock Analysis page.