James Bay Minerals (ASX:JBY) says it has identified 340 high-priority lithium targets across its La Grande East Project in Quebec, Canada, giving it plenty to focus on in its upcoming summer field season
The $10.92 million market capitalisation company conducted desktop studies, as well as satellite imagery, to generate the potential pegmatite dyke targets.
James Bay has now planned a field program to understand all of the key areas uncovered via airborne surveys, data generated from neighbouring properties, and desktop studies completed.
The company’s field team is expected to mobilise to site within the next four weeks.
Executive Director Andrew Dornan says the company’s focus is on the “low-hanging fruit across all areas of the La Grande Project”.
“This will ensure that we deploy capital efficiently on well-established targets,” he says.
The La Grande East project sits 15km from James Bay’s Aqua property and along trend of Winsome Resources’ (ASX:WR1) Cancet Lithium Project and Patriot Battery Metals’ (ASXPMT) Corvette property.
James Bay Minerals is a lithium explorer with assets in the James Bay region of Quebec, Canada, covering a 41,572 hectare area.
Write to Aaliyah Rogan at Mining.com.au
Images: James Bay Minerals
