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James Bay Minerals to Acquire and Re-Develop Historical High-Grade Shafter Silver Project
Small Caps· 2025-10-02 02:50
James Bay Minerals (ASX: JBY) has signed a binding agreement with Canada’s Aurcana Silver Corporation to acquire the advanced, high-grade, and undeveloped Shafter silver project in Texas.The project is located close to the border of Mexico as a northern extension of the prolific eastern Sierra Madre Belt, and comes with an estimated $150 million in established mine and processing infrastructure including 160 kilometres of underground drifts, declines, adits, and stopes, along with four production shafts.Sha ...