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ST JAMES GOLD CORP (TSX-V: LORD) ANNOUNCES CLOSING OF FIRST TRANCHE OF BROKERED PRIVATE PLACEMENT OFFERING
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ST JAMES GOLD : PURSUES EXPLORATION ON QUINN LAKE PROPERTY ADJACENT TO MARATHON GOLD DISCOVERIES BEING GEARED FOR PRODUCTION, NEWFOUNDLAND, CANADA
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ST JAMES GOLD CORP PURSUES EXPLORATION ON QUINN LAKE
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ST JAMES GOLD CORP RECEIVES TSXV FINAL ACCEPTANCE FOR FLORIN GOLD PROJECT OPTION AGREEMENT
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VANCOUVER, BC, May 27, 2021 (GLOBE NEWSWIRE) St. James Gold Corp. (the “Company” or “St. James Gold”) (TSXV: LORD) (OTCQB: LRDJF) (FSE: BVU3) is pleased to announce it has begun planning its field activities in the Queensway-Valentine Lake gold belt of Newfoundland where recently announced promising drill results by New Found Gold Corp. and Marathon Gold Corporation have generated great interest in the belt. St. James Gold holds two strategically located properties in this region: The Grub Line property, which straddles the Grub Line fault 6 km east of the New Found Gold Keats discovery; and the Quinn Lake property, which lies between Marathon Gold’s Valentine Lake discovery on the southwest and Canterra-Altius’ numerous prospects to the northeast. Field work on each of the Company’s properties will entail detailed surface prospecting and trenching, detailed gold geochemical sampling, geophysical detail work, and drill site selection.