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James Bay Minerals Limited ( (AU:JBY) ) has shared an update.
James Bay Minerals Limited has announced significant progress in its Independence Project in Nevada, where recent drilling at South Hill has extended the gold-silver mineralization beyond the current Near-Surface Mineral Resource Estimate. The company has reported promising assay results from reverse circulation drilling, indicating potential for further resource expansion. Additionally, preparations are underway for drilling at Rebel Peak, targeting high-grade mineralization, which could enhance the project’s value amidst a favorable gold price environment.
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. The company is primarily involved in gold and silver mining projects, with a significant focus on the Independence Project located in Lander County, Nevada.
Average Trading Volume: 576,344
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$74.71M
Learn more about JBY stock on TipRanks’ Stock Analysis page.