James Bay Minerals Secures Independence Gold Project, Raises A$6 Million for Expansion

• Acquisition of 51.54% interest in Independence Gold Project completed with right to earn 100%
• NI 43-101 Inferred Mineral Resource of 796,200oz gold at 6.53g/t Au in high-grade skarn deposit
• Ongoing drilling program initiated with 2,000m planned to test resource extensions
• Raised A$6 million via placement to fund exploration and development