James Bay Minerals expands strategic landholding in Quebec

James Bay Minerals (ASX: $JBY) has expanded its strategic landholding in the world-class La Grande Province in Quebec through the acquisition and staking of 136 claims totaling 7,000 hectares. The newly acquired property, known as La Grande East Project, is located within a magnetic low, which is interpreted to trend into Patriot Battery Metals Tier-1 Corvette Lithium Project. The project also benefits from its proximity to the Transtaiga Highway, allowing for all-year walk-up access. The Company's overall La Grande land holding now totals 37,168 hectares.

Executive Director's Perspective on La Grande East Project

The La Grande East Project is another exceptional addition to the Company's critical minerals portfolio in this world-class district. Sitting within a magnetic low that trends into the same corridor as the Patriot Battery Metals Corvette discovery and with the Transtaiga Highway located less than 1km to the north of the property, this Project already presents several exciting walk-up exploration targets.

Outlook and Future Plans

James Bay Minerals' acquisition of the La Grande East Project marks a significant expansion of its critical minerals portfolio in Quebec. The strategic location of the newly acquired property, along with its proximity to key infrastructure, positions the Company for potential exploration success. The identification of multiple linear outcropping features interpreted as pegmatites within the new claims further enhances the project's prospects. The Company's plans to commence an initial exploration field program in Q2, 2024 demonstrate its commitment to advancing the project. With no minimum work commitments on the Mining Claims, James Bay Minerals has the flexibility to assess and pursue the potential of the La Grande East Project. The acquisition aligns with the Company's ambitions to strengthen its presence in the world-class La Grande Province and underscores its dedication to unlocking the full potential of its critical minerals portfolio.