Bob Quinn Lake

ST. JAMES GOLD CORP. (TSXV: LORD) PROVIDES CORPORATE UPDATE

Retrieved on: 
Wednesday, March 22, 2023

Vancouver, British Columbia, March 22, 2023 (GLOBE NEWSWIRE) -- St. James Gold Corp. (the “Company”) (TSXV: LORD) (OTCQB: LRDJF) (FSE: BVU3) is pleased to provide a corporate update and outlook for 2023.

Key Points: 
  • Vancouver, British Columbia, March 22, 2023 (GLOBE NEWSWIRE) -- St. James Gold Corp. (the “Company”) (TSXV: LORD) (OTCQB: LRDJF) (FSE: BVU3) is pleased to provide a corporate update and outlook for 2023.
  • With that said, St. James Gold will continue its endeavor to create shareholder value by unlocking our Newfoundland assets as well as seek other additional opportunities to enhance shareholder value.
  • “Coming into the role of Chairman and now CEO, my focus is to create a base of growth for the future.
  • The Board and I are laser focused on executing these milestones in the very near-term future”, stated Jiang Yu, Chairman & CEO of St. James Gold Corp.

ST. JAMES GOLD CORP. (TSX-V: LORD) FINALIZES ACQUISITION OF 29 CLAIMS ENCOMPASSING 725 HECTARES IN NEWFOUNDLAND – THE GRUB LINE PROPERTY

Retrieved on: 
Wednesday, May 18, 2022

The property includes 29 map-staked claims covering 725 hectares in a favorable area for volcanogenic massive sulphide mineralization and orogenic-style gold mineralization.

Key Points: 
  • The property includes 29 map-staked claims covering 725 hectares in a favorable area for volcanogenic massive sulphide mineralization and orogenic-style gold mineralization.
  • St. James was pleased with the increased proliferation of activity in the region, leading to the fast-tracked acquisition of all 29 claims, despite the project standing at the second year of its four-year option agreement
    Figure 7.
  • The completion of our acquisition of 29 claims encompassing 725 hectares represents an important step on our journey to an increased presence in the area and allows us to further maximize shareholder value.
  • We understand the importance of continued exploration of the Grub Line property over the long term to better extrapolate its potential.

ST. JAMES GOLD CORP. OBTAINS INITIAL POSITIVE RESULTS FROM INDUCED POLARIZATION SURVEY ON QUINN LAKE PROPERTY ADJACENT TO MARATHON’S VALENTINE GOLD PROJECT BEING ADVANCE TO PRODUCTION IN NEWFOUNDLAND, CANADA

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Friday, May 6, 2022

Vancouver, British Columbia, May 06, 2022 (GLOBE NEWSWIRE) -- St. James Gold Corp. (the “Company”) (TSXV: LORD) (OTCQB: LRDJF) (FSE: BVU3) is pleased to announce that it has received initial positive results from an Induced Polarization (IP) survey on the Quinn Lake property in Newfoundland, Canada. To date Simcoe Geoscience has completed and processed five of nine IP profiles. The IP survey has delineated an anomaly over 1.7 km of the 3.5 km in length zone to be tested, with additional lines in progress. The Quinn Lake property adjoins the eastern margin of Marathon Gold’s Valentine Gold Project is flanked to the east by Canterra Minerals Corp. Wilding Gold Project (Figure 1, below).

Key Points: 
  • The Quinn Lake property adjoins the eastern margin of Marathon Golds Valentine Gold Project is flanked to the east by Canterra Minerals Corp. Wilding Gold Project (Figure 1, below).
  • The Company has compiled geological and geophysical field data on the property including historical IP surveys that cover portions of the Quinn Lake Property.
  • Marathons Valentine Gold Project contains a series of five mineralized deposits: the Leprechaun, Sprite, Berry, Marathon, and Victory along a 20-kilometre system.
  • George Drazenovic, CEO of St. James Gold comments, We are very pleased with the initial results from the ongoing Induced Polarization survey.

ST. JAMES GOLD CORP. (TSXV: LORD) PLANS INDUCED POLARIZATION SURVEY ON QUINN LAKE PROPERTY ADJACENT TO MARATHON GOLD DISCOVERIES BEING GEARED FOR PRODUCTION, NEWFOUNDLAND, CANADA

Retrieved on: 
Wednesday, April 20, 2022

The Quinn Lake property adjoins the eastern margin of Marathon Golds Valentine Gold Project who are advancing the project through to production.

Key Points: 
  • The Quinn Lake property adjoins the eastern margin of Marathon Golds Valentine Gold Project who are advancing the project through to production.
  • The Company has compiled geological and geophysical field data on the property including historical IP surveys that cover portions of the Quinn Lake Property.
  • The Quinn Lake Property is flanked to the east by the Canterra-Wilding property, where multiple discovery holes have been drilled in recent campaigns (Figure 1, below).
  • The Valentine Lake Shear Zone trends from the Marathon trend of discoveries through the Quinn Lake Property and further to the east onto Canterras Wilding Gold Project.

ST. JAMES GOLD CORP. (TSX-V: LORD) ANNOUNCES ITS 100% ACQUISITION OF THE GRUB LINE PROPERTY AND 9 OF 28 CLAIMS ON THE QUINN LAKE PROPERTY, NEWFOUNDLAND

Retrieved on: 
Thursday, March 10, 2022

The Grub Line property is located 8 km east of the original Keats discovery and 3 km west of the Town of Gander on the island of Newfoundland, Canada.

Key Points: 
  • The Grub Line property is located 8 km east of the original Keats discovery and 3 km west of the Town of Gander on the island of Newfoundland, Canada.
  • The acquisition of 100% interest in 9 of 28 claims in the Quinn Lake property follows recent drill assay results by Marathon Gold on its Valentine Gold Project in central Newfoundland.
  • Similarly, the announcement of an increased drilling program by Marathon Gold nearby our Quinn Lake property bodes well for further defining the gold corridor along the Valentine Lake shear Zone.
  • Any forward-looking statements contained in this news release are expressly qualified in their entirety by this cautionary statement.