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St. James Gold Corp (LRDJF) is a leading gold exploration company focused on discovering and developing precious metal deposits in North America. With a strong portfolio of properties in mining-friendly jurisdictions, the company is committed to sustainable and responsible mining practices.
The company's core business involves extensive geological research, drilling programs, and strategic partnerships to identify high-potential mineral resources. Recent achievements include successful exploration results, resource expansion, and strategic acquisitions to enhance the company's asset base.
St. James Gold Corp's financial condition remains robust, with a solid balance sheet and a clear growth strategy. The company's current projects are advancing towards production, supported by a dedicated team of industry experts and technical professionals.
St. James Gold Corp. has confirmed that its common shares are now eligible for electronic clearing and settlement via the Depository Trust Company (DTC) in the U.S. This milestone enhances the company's market presence and enables U.S. investors to trade its shares more efficiently. CEO George Drazenovic noted that DTC eligibility offers shareholders a reliable and cost-effective way to engage with the company's growth. St. James Gold holds options for significant exploration projects in Newfoundland and Yukon, aiming to discover and develop economic mineral deposits.
St. James Gold Corp. (TSXV: LORD, OTCQB: LRDJF) has announced progress on its 2021 drilling campaign at the Florin Project in the Yukon, aiming to expand its 2.47Moz gold inferred mineral resource. So far, seven of the 18 planned drilling holes have been completed, totaling 1,275m, with further drilling anticipated in the next season. Logs indicate potential mineralization similar to past campaigns. The company is also investigating historical mining areas to identify new mineralization zones. Assay results will be released in coming weeks.
St. James Gold Corp. (OTCQB: LRDJF) announced progress on its 2021 drilling campaign at the Florin Project, aiming to expand its existing 2.47Moz gold inferred resource. So far, seven of the planned eighteen coring holes have been drilled, totaling 1,275 meters, with potential for further mineralization indicated in the logs. The team has also identified historic high-grade adit workings on the property. Assay results are anticipated in several weeks, and the prospecting campaign aims to uncover new mineralization areas for future drilling.
St. James Gold Corp. (OTCQB: LRDJF) announced a management site visit to its Florin Gold Project in the Yukon. The visit confirmed the project's accessibility and the presence of a 28-man camp for ongoing drilling activities. The company is advancing its drilling program to expand inferred mineral resources and enhance confidence in grade distribution. This follows a recent $4 million private placement aimed at funding exploration at Florin and other properties. Results from core drill samples will be reported as they become available.
St. James Gold Corp. (LORD, LRDJF) reported a successful site visit to its Florin Gold Project in Yukon, Canada. The company is advancing its work program, which includes definition and in-fill drilling to expand the inferred mineral resource of 2.47 million ounces of gold. Recent funding of $4,000,000 from a private placement will support exploration efforts. The project is noted for its accessibility and an established 28-man camp for operations. Upcoming drilling targets are expected to bring further value to shareholders.
St. James Gold Corp. has announced an upsized private placement of $1,500,000, bringing total gross proceeds to $5,500,000 due to investor demand. The offering includes up to 931,667 units at $3.22 each and 647,668 flow-through units at $3.86. Each unit consists of one common share and one warrant, exercisable at $4.18 for three years. Proceeds will fund drilling on the Florin Gold Project and exploration in Newfoundland. Closing is expected on September 9, 2021, subject to TSXV approval.
St. James Gold Corp has announced a brokered private placement, aiming to raise up to $4,000,000 through the sale of 931,667 units at $3.22 each and 259,067 flow-through units at $3.86 each. Each unit consists of one common share and one warrant, exercisable at $4.18 for three years. Funds will support drilling on the Florin Gold Project and exploration activities in Newfoundland. The offering is set to close on August 26, 2021, pending regulatory approvals.
St. James Gold Corp. (TSXV: LORD, OTCQB: LRDJF) announced the commencement of diamond drilling at the Florin Gold Project in Yukon, Canada. The company plans to drill between 7,000 and 13,000 metres to expand the existing 2.47 million-ounce inferred gold resource. The drilling will focus on step-out targets and includes a LiDAR survey to enhance geological interpretation. A successful previous hole returned strong assays of 0.75g/t Au, indicating potential resource expansion. Additionally, the company entered a consulting agreement with North Equities Corp., issuing shares as payment.
St. James Gold Corp. (OTCQB: LRDJF) is actively exploring the Quinn Lake Property in Newfoundland, adjacent to Marathon Gold's discoveries. The geological team has been mobilized for prospecting. The Quinn Lake Property is strategically positioned between Marathon's project and the Canterra-Wilding property, enhancing its exploration potential. Marathon Gold recently secured a significant financing for its nearby Valentine Gold Project, which contains proven reserves of 1.40 million ounces. The company aims to keep shareholders updated as exploration progresses.
St. James Gold Corp. (OTCQB: LRDJF) has initiated exploration at the Grub Line gold property in Newfoundland, covering 725 hectares. The program includes regional prospecting and validation of historical sites. The property lies along the Gander River Ultramafic Belt and is adjacent to New Found Gold Corp.'s bonanza-grade Keats Discovery. Initial reports suggest potential for gold mineralization in altered ultramafic rocks, similar to California's Mother Lode Belt. Assays are pending for initial rock samples, with further geological data expected soon.
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