James Bay Minerals (ASX:JBY) reported high-grade gold-silver mineralization from reverse circulation drilling at North Hill, within the Independence project in Nevada, beyond the near-surface oxide mineral resource estimate, according to a Tuesday filing with the Australian bourse.

Results include 27 meters at 1 gram per tonne grade of gold, 73 g/t silver from 125 meters, including 7.6 meters at 1.3 g/t grade of gold, 205 g/t silver from 133 meters, the filing said.

Earthworks are underway, with the road to Rebel Peak nearly complete, which will allow for additional epithermal mineralization drill testing, per the filing.