Share this article
VANCOUVER, British Columbia, Jan. 29, 2021 /PRNewswire/
St. James Gold Corp. (TSX – V: LORD) (OTC: LRDJF) (FSE: BVU3), the Company has been advised that TSX Venture Exchange has accepted for filing documentation pertaining to an option agreement (the Agreement ) dated January 7, 2021 between the Company and Herb M. Froude, Robert Snook and Alexander S. Duffett (the Optionors ), whereby the Company can acquire a 100% interest in certain mineral claims in Newfoundland, Canada known as the Quinn Lake Claims (the Property ). The Quinn Lake Claims are comprised of two contiguous map-staked mineral licenses, for a landholding of 1,730 acres (the Property ) in the emerging prolific central Newfoundland gold district. Entered into at arm s length, the Property is not only adjacent to Marathon Gold. s Valentine Lake property where over 4 million ounces of gold have been evaluated to pre-feasibility, but is also situated 17 km northeast from the Marathon gold
ST JAMES GOLD : Files Technical Report and Obtains Exchange Acceptance for Filing the Option Agreement on the Grub Line Newfoundland Project marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.
St. James Gold Corp (TSX-V: LORD) (OTC: LRDJF)
(the Company ) is pleased to announce the completion of a National Instrument 43-101 Standards of Disclosure for Mineral Projects (
NI 43-101 ) technical report entitled Geological Report on the Grub Line Property, Gander Area NTS 2D/15, Newfoundland Labrador, with an effective date of December 30, 2020 (the Technical Report ). The Technical Report was prepared by Christopher Baldys, P. Eng, a Qualified Person as defined by NI 43-101 and independent of the Company.
The Technical Report is available for review on SEDAR (www.sedar.com) and on the Company s website (www.stjamesgold.com).
The Technical Report presents the results of the details of land tenure, summarizes historical work performed, and recommends a two-phased exploration program to evaluate the potential for gold mineralization. Information derived from past exploration programs on the Grub Line property area, the vast majority conducted by Falconbridge Limited
St. James Gold Announces Option Agreement To Acquire An 100% Interest In Claims Covering 1,791 Acres In The Gander Gold District Of North Central Newfoundland Island
St. James Gold Corp. (TSX-V: LORD) (OTC: LRDJF) (the Company ) is pleased to announce that subject to approval of the TSX Venture Exchange, the Company has entered into an option agreement (the Option Agreement ) with Herb M. Froude, wherein the Company has been granted the exclusive right and option to acquire a 100% interest in 29 claims covering 1,791 acres in the Gander Gold District in North Central Newfoundland Island (the Grub Line Claims ).
About the Grub Line Property: