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.
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Technical Sentiment Signal: Sell
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