James Bay Minerals Initiates Metallurgical Testing at Independence Gold Project

James Bay Minerals Limited ( (AU:JBY) ) has shared an announcement.

James Bay Minerals Limited has announced the commencement of metallurgical testing on its high-grade skarn mineralisation at the Independence Gold Project in Nevada. This testing aims to determine the optimal processing method to maximize gold recovery from the skarn resource, which is crucial for unlocking its full value. The project is strategically positioned in the same geological unit as the historically productive Fortitude Mine, indicating significant potential for high recovery rates. The results of this testing could significantly impact the company’s future development plans and its positioning within the gold mining industry.

More about James Bay Minerals Limited

James Bay Minerals Limited is a company operating in the mining industry, focusing on gold exploration and development. The company is involved in the exploration of high-grade skarn mineralisation at the Independence Gold Project in Nevada, USA.

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Average Trading Volume: 130,203

Technical Sentiment Consensus Rating: Sell

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