James Bay Minerals (ASX:JBY) found gold mineralization from a sampling program conducted at the Independence gold project in Nevada, according to a Tuesday filing with the Australian bourse.
Rock chip samples collected across 1.2 kilometers of strike length yielded up to 31.7 grams per tonne grade of gold, the filing said.
Meanwhile, a five-year drill program is underway at the project with the first hole completed and initial results slated for the first quarter, as per the filing.
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