tiprankstipranks
Trending News
More News >

James Bay Minerals Launches Drilling at Independence Project

Story Highlights
  • James Bay Minerals starts drilling to expand the Rebel Trend at its Independence Gold Project.
  • The project offers significant growth potential, targeting extensions of the existing near-surface resource.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
James Bay Minerals Launches Drilling at Independence Project

An announcement from James Bay Minerals Limited ( (AU:JBY) ) is now available.

James Bay Minerals Limited has commenced drilling at its Independence Gold Project, aiming to expand the 1.3km Rebel Trend with a 4,000m RC drill program. This initiative targets extensions of the existing 419.6koz AuEq near-surface resource, with initial findings showing promising mineralization growth potential. The project, which includes a JORC Mineral Resource Estimate of 1.4Moz AuEq, presents significant opportunities for resource expansion, particularly beneath high-grade rock samples.

More about James Bay Minerals Limited

James Bay Minerals Limited operates in the mining industry, focusing on gold exploration and development. The company is primarily engaged in advancing its Independence Gold Project in Lander County, Nevada, targeting high-grade near-surface mineralization.

YTD Price Performance: -26.27%

Average Trading Volume: 134,450

Technical Sentiment Signal: Sell

For detailed information about JBY stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App