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.
JBY Investment Update – June 2025Theme: High-Grade Expansion...
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Last
62.0¢ |
Change
0.035(5.98%) |
Mkt cap ! $44.55M | |||
| Open | High | Low | Value | Volume |
| 57.5¢ | 62.0¢ | 56.5¢ | $82.83K | 138.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 60.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 62.0¢ | 21775 | 2 |
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