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The latest update is out from James Bay Minerals Limited ( (AU:JBY) ).
James Bay Minerals Limited announced its maiden JORC compliant Mineral Resource Estimate at the Independence Gold Project, revealing significant high-grade skarn and near-surface epithermal gold resources. The company is set to commence a 4,000m RC drill program targeting extensions of the existing resources and has initiated metallurgical testing to optimize gold recovery. Key leadership appointments were made to strengthen exploration and strategic advisory roles, while the company received a tax credit for its 2024 exploration activities, highlighting its ongoing commitment to advancing the Independence Project.
More about James Bay Minerals Limited
James Bay Minerals Limited is a company involved in the mining industry, primarily focusing on gold exploration and development. The company’s flagship project is the high-grade Independence Project located in Battle Mountain, Nevada, USA, where it holds a 51.54% interest with the potential to earn up to 100%.
YTD Price Performance: -3.39%
Average Trading Volume: 178,330
Technical Sentiment Signal: Strong Sell
For detailed information about JBY stock, go to TipRanks’ Stock Analysis page.