InvestSMART

James Bay Minerals Limited (ASX:JBY)

ALERT: Price-sensitive ASX Announcement for JBY
Current share price for JBY : $0.540 -0.13 (-19.40%)+
Announcement
Release
31 Oct 2025 8:13AM
Price at Release
$0.670
Full Release
download
Summary
The document reports on the metallurgical test results for gold recovery from the Independence sulphides project carried out by James Bay Minerals Limited. The tests confirm a gold recovery rate above 95% for sulphide ores after 48 hours of processing. Composite samples were tested for gold head grade and mineralogy, with results indicating low levels of deleterious elements, ensuring low preg-robbing potential and cyanide consumption. The testwork demonstrates non-refractory behaviour, and the materials show good recovery rates with minimal variations due to grind size. Further metallurgical testing is ongoing.
Key Points
  • Gold recovery above 95% confirmed for Independence sulphides.
  • Initial metallurgical testwork completed for Composite 2.
  • Low levels of deleterious elements in ore.
  • Non-refractory behaviour confirmed in materials.
  • Further metallurgical testing is ongoing.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.