JBY Investment Update – June 2025
Theme: High-Grade Expansion Confirms Upside at Independence Gold Project (Nevada)
✅ Key Catalysts Delivered
Exceptional High-Grade Hit: JBRC003 returns 68.6m @ 1.2g/t Au (incl. 6.1m @ 8.6g/t Au), and 13.7m @ 2.5g/t Au (incl. 3.1m @ 8.8g/t Au).
Mineralisation Extended by 370m: Rebel Trend now confirmed as host to stacked lodes, outside the current MRE.
Validates Heap-Leach Model: Grades and intercepts compare favourably to Phoenix and Marigold, where AISC remains low despite 0.17–0.36g/t Au mining grades.
Investment Thesis Strengthened
Supports the “hidden value” view of near-surface oxide mineralisation.
Increases likelihood of resource re-rating from 1.2Moz to ~2Moz.
Reinforces takeover potential as NGM oxide supply declines.
⚠️ Risks Still Present
JBRC001/002 grades modest (0.4–0.5g/t) but in line with heap-leach expectations.
No metallurgical update yet—recovery and ore type confirmation still key.
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james bay minerals limited
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Last
62.0¢ |
Change
-0.005(0.80%) |
Mkt cap ! $44.55M |
Open | High | Low | Value | Volume |
62.0¢ | 62.3¢ | 62.0¢ | $29.40K | 47.42K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 447 | 62.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
64.0¢ | 15000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 447 | 0.620 |
2 | 2700 | 0.555 |
1 | 13000 | 0.550 |
2 | 23529 | 0.540 |
3 | 26800 | 0.530 |
Price($) | Vol. | No. |
---|---|---|
0.640 | 15000 | 1 |
0.645 | 8690 | 1 |
0.650 | 22051 | 4 |
0.690 | 4600 | 1 |
0.700 | 44384 | 4 |
Last trade - 15.35pm 25/07/2025 (20 minute delay) ? |
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