James Bay Minerals (ASX:JBY) has described as “transformational” its purchase of a gold project in Nevada, USA – marking yet another lithium explorer to pivot into other metals following the lithium price crash. James Bay was formerly a lithium explorer focusing on a region of Canada after which it was named, and one that saw a lot of Australian companies set up shop. That was before interest rate rises, and, while lithium prices were still hot in the early 2020’s. A few years later and James Bay reported on Monday its execution of a definitive term-sheet underpinning an earn-in deal to stage …